PMID- 33800468
OWN - NLM
STAT- PubMed-not-MEDLINE
LR  - 20210413
IS  - 1099-4300 (Electronic)
IS  - 1099-4300 (Linking)
VI  - 23
IP  - 3
DP  - 2021 Mar 8
TI  - Performance Evaluation of Construction Companies Using Integrated Entropy-Fuzzy 
      VIKOR Model.
LID - 10.3390/e23030320 [doi]
LID - 320
AB  - The construction sector plays an important role in a country's economic 
      development. The financial performance of a company is a good indicator of its 
      financial health and status. In Malaysia, the government encourages the 
      construction industry to develop an advanced infrastructure related to health, 
      transport, education and housing. In view of the COVID-19 pandemic, the 
      operations and financial performance of construction sector companies have been 
      affected recently. Additionally, uncertainty plays a vital role in the 
      multi-criteria decision-making (MCDM) process. Based on previous studies, there 
      has been no comprehensive study conducted on the evaluation of the financial 
      performance of construction companies by integrating entropy and fuzzy VIKOR 
      models. Therefore, this paper aims to propose an MCDM model to evaluate and 
      compare the financial performance of construction companies with an integrated 
      entropy-fuzzy VIKOR model. A case study is carried out by evaluating the listed 
      construction companies in Malaysia with the proposed model. The findings of this 
      paper indicate that the company ECONBHD achieves the best financial performance 
      over the study period. The significance of this paper is to determine the 
      priority of the financial ratios and ranking of the construction companies with 
      the proposed entropy-fuzzy VIKOR model.
FAU - Lam, Weng Siew
AU  - Lam WS
AUID- ORCID: 0000-0002-9850-4850
AD  - Department of Physical and Mathematical Science, Faculty of Science, Kampar 
      Campus, Universiti Tunku Abdul Rahman, Jalan Universiti, Bandar Barat, Kampar 
      31900, Malaysia.
FAU - Lam, Weng Hoe
AU  - Lam WH
AD  - Department of Physical and Mathematical Science, Faculty of Science, Kampar 
      Campus, Universiti Tunku Abdul Rahman, Jalan Universiti, Bandar Barat, Kampar 
      31900, Malaysia.
FAU - Jaaman, Saiful Hafizah
AU  - Jaaman SH
AUID- ORCID: 0000-0003-4413-8776
AD  - Department of Mathematical Sciences, Faculty of Science and Technology, 
      Universiti Kebangsaan Malaysia, UKM, Bangi 43600, Malaysia.
FAU - Liew, Kah Fai
AU  - Liew KF
AUID- ORCID: 0000-0001-9787-3665
AD  - Department of Physical and Mathematical Science, Faculty of Science, Kampar 
      Campus, Universiti Tunku Abdul Rahman, Jalan Universiti, Bandar Barat, Kampar 
      31900, Malaysia.
LA  - eng
GR  - GUP-2019-038/Universiti Kebangsaan Malaysia/
PT  - Journal Article
DEP - 20210308
PL  - Switzerland
TA  - Entropy (Basel)
JT  - Entropy (Basel, Switzerland)
JID - 101243874
PMC - PMC8000260
OTO - NOTNLM
OT  - entropy
OT  - financial ratio
OT  - fuzzy VIKOR
OT  - multi-criteria decision making
OT  - research framework
COIS- The authors declare no conflict of interest.
EDAT- 2021/04/04 06:00
MHDA- 2021/04/04 06:01
PMCR- 2021/03/08
CRDT- 2021/04/03 01:05
PHST- 2021/01/22 00:00 [received]
PHST- 2021/02/25 00:00 [revised]
PHST- 2021/02/26 00:00 [accepted]
PHST- 2021/04/03 01:05 [entrez]
PHST- 2021/04/04 06:00 [pubmed]
PHST- 2021/04/04 06:01 [medline]
PHST- 2021/03/08 00:00 [pmc-release]
AID - e23030320 [pii]
AID - entropy-23-00320 [pii]
AID - 10.3390/e23030320 [doi]
PST - epublish
SO  - Entropy (Basel). 2021 Mar 8;23(3):320. doi: 10.3390/e23030320.