A Performance Evaluation for Interconnected Construction Sectors of Turkey : An Analysis Using TOPSIS and MAUT

In this research, in total 68 construction related companies, which belong to three different interconnected sectors (manufacturing, construction, and finance), are ranked according to their business performance by TOPSIS and MAUT method with two different weighting system, equal-weighted and entropy-weighted. The most important and well-known five ratios such as Gross Margin, Operating Margin, Net Margin, Return on Asset and Return on Equity were used to rank the companies from best to worst years between 2005 and 2015. Calculation of each company's business performance ranking is a tool to reach the main purpose of this research that to measure and rank the annual performance of three interconnected sectors. The empirical results show that there is no significant difference between weight distribution of equal and entropy, but only in TOPSIS method the best year for construction material manufacturing sector changes from equal to the entropy-weighted method; respectively 2014 to 2006