Abstract

The aim of this study is to examine the financial performance of 30 companies under the "AK Portfolio Growing Companies Stock (TL) Fund" index, created by selection of AK Portfolio management companies from the active portfolio management companies of the Turkish Capital Market, through CRITIC and Normalised Maximum Values-based Codas. The study analysed relations between performance ranking results of related methods with Spearman sequence correlation. Based on results from CRITIC and Normalised Maximum Values methods, the severity levels of critical criteria and low-importance criteria differ for each year. The study found that companies with the best performance rankings were CEMTS and OZKGY for 2020, companies differing in rank in 2021, and companies with the lowest performance rankings for 2022 were OZKGY, MIATK and ALFAS, while those with the lowest performance rankings were AYEN and YGLD in 2020, BIGCH and PARSN in 2021, and GOKNR and RUBNS in 2022.