Indian Journal of Science and Technology
Year: 2012, Volume: 5, Issue: 7, Pages: 1-4
Sahar Alimardani1 , Masoud Ghafari2* and Maryam Farmani3
1Azerbaijan national academy of science, Baku,
2Science and research branch, Islamic Azad University,
3 Department of IT Management, Electronic Branch
*Author For Correspondence
Department of IT Management, Electronic Branch
Email: [email protected]
The aim of this study is to assess the financial performance of Iranian mutual fund companies. For this, ten financial indices are extracted from the existing data and the input oriented structure of the free disposal hull (FDH) model is applied to identify their performance. We report that the basic FDH does not distinguish between efficient and inefficient units. Hence, a super efficiency analysis model AP-FDH is applied to gain the complete ranking. Accordingly, the Booali Investment Corporation, the second best investment company in the Tehran Stock Exchange (TSE) ranking, is identified as the superior investment company in the proposed ranking.
Keywords: Performance Evaluation, Investment Company, Free Disposal Hull.
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