Evaluating the Efficiency of Two-stage Networks using Ratio Analysis

Subject Areas : International Journal of Data Envelopment Analysis

Asieh sadat  Hatami ¹ (Department of Industrial Management, Economic and Management Faculty, Yazd Branch, Islamic Azad University, Shiraz, Iran)
Morteza  Shafiee ² (Associate Professor of Industrial Management, Economic and Management Faculty, Shiraz Branch, Islamic Azad University, Shiraz, Iran)
Mozhdeh  Rabbani ³ (Assistant Professor of Industrial Management, Economic and Management Faculty, Yazd Branch, Islamic Azad University, Yazd, Iran)
Mohammad Reza  Mozaffari ⁴ (Department of Applied mathematics Management, science Faculty, Shiraz Branch, Islamic Azad University, Shiraz, Iran)

Received: 2020-09-22 Accepted : 2021-01-06 Published : 2021-02-01

Keywords: Data Envelopment Analysis, Performance evaluation, Financial Ratio, Financial Evaluation, Ratio analysis,

Abstract :

Financial firms and institutes are evaluated based on comparisons between financial ratios. There are various techniques for evaluating the performance of firms based on ratios such as the liquidity ratio, current ratio, quick ratio, and so forth. In this study, firms with a two-stage network structure are evaluated using the Ratio Analysis technique. One advantage to the models proposed within a network structure herein is that they provide a comparison between the nonparametric method data envelopment analysis and ratio analysis in the analysis of financial ratios.