Το έργο με τίτλο On the evaluation of Greek industrial SME's performance via multicriteria analysis of financial ratios από τον/τους δημιουργό/ούς Michael Doumpos, Zopounidis Konstantinos, Voulgaris Fotini διατίθεται με την άδεια Creative Commons Αναφορά Δημιουργού 4.0 Διεθνές
Βιβλιογραφική Αναφορά
F. Voulgaris, M. Doumpos and C. Zopounidis, "On the evaluation of Greek industrial SME's performance via multicriteria analysis of financial ratios," Small Bus. Econ., vol. 15, no. 2, pp. 127-136, Sep. 2000. doi:10.1023/A:1008159408904
https://doi.org/10.1023/A:1008159408904
The objective of this article is to propose a methodological framework for developing evaluation models for estimating SMEs' performance, based on financial ratio analysis. The proposed framework involves the application of a multiple criteria decision aid method, namely the UTADIS method (UTilités Additives DIScriminantes), to develop a decision model that classifies the SMEs into predefined homogeneous classes according to their performance. The applicability and the efficiency of this approach are examined using financial data on Greek industrial SMEs for the period 1988–1996. A comparison with well-known multivariate and econometric techniques (i.e., discriminant, logit, probit analysis) is also undertaken for comparative purposes.