Management
Nesa Moradpour
Abstract
Performance appraisal refers to the process of performance measurement, assessment, valuation, and judgement over time. Performance ranking based on several criteria of different values is possible only when multi-criteria decision models are adopted. In this regard, different indicators are used in ...
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Performance appraisal refers to the process of performance measurement, assessment, valuation, and judgement over time. Performance ranking based on several criteria of different values is possible only when multi-criteria decision models are adopted. In this regard, different indicators are used in accordance with the type of ranking. Accordingly, inspired by the support vector machine model (SVM) and the Promethee technique, the present study aimed to develop a performance appraisal model for mutual funds and rank them accordingly. In this study, 34 mutual funds accepted in Iran’s capital market were selected during 2016-2018 using the systematic random sampling method. First, the key performance indicators were detected using the indicators of post-modern portfolio theory, which were then approved by managers, experts, and professionals. Then some information about each indicator was collected, and the experts and professionals’ comments were used to weight the indicators and specify the importance and priority of each indicator. Afterwards, an applied model was developed to represent the indicators effective in ranking mutual funds. Finally, the SVM model and the Promethee technique were adopted to rank the concerned mutual funds. The findings revealed that, in comparison to the indicators of downside risk and Sortino, upside potential ratio has the greatest effect on the performance appraisal of the mutual funds accepted in Iran’s capital market.
Hadi Shafiee; Ehsan Razminia; Narjes Khatun Zeymaran
Volume 3, Issue 2 , February 2016, , Pages 160-165
Abstract
Nowadays, for surviving in the dynamic and complicated environment, it is required for organizations to have agility and flexibility in which the main factor is organizational structure which is the principal force of change. It is a framework for all organizational decisions and processes and influence ...
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Nowadays, for surviving in the dynamic and complicated environment, it is required for organizations to have agility and flexibility in which the main factor is organizational structure which is the principal force of change. It is a framework for all organizational decisions and processes and influence the performance improvement and productivity increase. The purpose of this research is ranking the organizational structures factors which are effective on Personnel performance. This is applied and survey research which its statistical population consists of employees of Karafarin and Parsian insurance companies. Convenience sampling method were used to collect research data. Analyzing, the research data, the Pearson and Friedman Tests were applied. The results showed that formality is the most effective factor and complexity is the least effective factor on personnel performance.