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Vol.5 , No. 1, Publication Date: Jan. 11, 2018, Page: 7-12
 BHD. (AEON), The Store Corporation Berhad (The Store) and Parkson Holding Berhad (Parkson) are the three retailers listed in Bursa Malaysia. The financial performance of the retailers is the main concern in this study. The objective of this study is to propose a conceptual framework in evaluating the financial performance of the retailers with Technique For Order Preference By Similarity To Ideal Solution (TOPSIS) model. Current ratio, return on equity, profit margin, debt to equity ratio, earnings per share, dividend yield and price earning ratio are the financial ratios investigated for the period of 2012-2016 withTOPSIS model. The result of this study shows that Parkson has the top ranking, followed by The Store and AEON. This indicates that Parkson is the closest to the ideal solution and farthest from the negative-ideal solution among the retailers. The robustness of TOPSIS method is it can identify the optimal alternative based on multiple criteria. Decision makers can select the best or optimal solution based on this multiple-criteria decision making problem (MCDM).&picture=http://www.aascit.org/aascit/decorators/img/journal/918.jpg)
| [1] | Lam Weng Hoe, Department of Physical and Mathematical Science, Faculty of Science, Universiti Tunku Abdul Rahman, Kampar, Perak, Malaysia; Centre for Mathematical Sciences, Universiti Tunku Abdul Rahman, Kampar, Perak, Malaysia; Centre for Business and Management, Universiti Tunku Abdul Rahman, Kampar, Perak, Malaysia. |
| [2] | Lam Weng Siew, Department of Physical and Mathematical Science, Faculty of Science, Universiti Tunku Abdul Rahman, Kampar, Perak, Malaysia; Centre for Mathematical Sciences, Universiti Tunku Abdul Rahman, Kampar, Perak, Malaysia; Centre for Business and Management, Universiti Tunku Abdul Rahman, Kampar, Perak, Malaysia. |
| [3] | Chen Jia Wai, Department of Physical and Mathematical Science, Faculty of Science, Universiti Tunku Abdul Rahman, Kampar, Perak, Malaysia. |
Retailers play a significant role in contributing and developing the economy of country. It supplies consumers with various selection of goods through different distributors. In Malaysia, AEON CO. (M) BHD. (AEON), The Store Corporation Berhad (The Store) and Parkson Holding Berhad (Parkson) are the three retailers listed in Bursa Malaysia. The financial performance of the retailers is the main concern in this study. The objective of this study is to propose a conceptual framework in evaluating the financial performance of the retailers with Technique For Order Preference By Similarity To Ideal Solution (TOPSIS) model. Current ratio, return on equity, profit margin, debt to equity ratio, earnings per share, dividend yield and price earning ratio are the financial ratios investigated for the period of 2012-2016 withTOPSIS model. The result of this study shows that Parkson has the top ranking, followed by The Store and AEON. This indicates that Parkson is the closest to the ideal solution and farthest from the negative-ideal solution among the retailers. The robustness of TOPSIS method is it can identify the optimal alternative based on multiple criteria. Decision makers can select the best or optimal solution based on this multiple-criteria decision making problem (MCDM).
Keywords
Financial Ratio, Retailers, Multi-criteria Decision Making, Ranking
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