Performance Evaluation in the Firms of Turkish Textile Sector

Abstract

In today’s global competitive environment, firms are carried out various activities in order to increase their effectiveness. Performance measurement is a critical assessment tool to improve the business effectiveness. Malmquist total factor productivity calculation is an important method used to determine the success levels of firms. Various output and input data are used in this method. Accordingly, the evaluating the performances of the firms in the textile sector, which are among the top first and second 500 companies declared yearly by the Istanbul Chamber of Industry (ISO), have been calculated through the Malmquist total factor productivity index. Data from seventeen firms are used in the study based on from 2014 to 2018 years. Net assets, equity capital and employee numbers are selected as input factors. And also, net sales, gross value added, pre-tax profit and export data are selected as output factors. © 2021, The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG.