An Application of TOPSIS Method for Financial Decision Making Process : A Research on Real Estate Investment Trusts Listed in Borsa Istanbul

Abstract

Managerial decision-making involves a difficult and complex process. Since executives shape the future of the company by making strategic decisions, it is vital that the decisions taken are accurate and efficient in terms of sustainability in the long term. Many managerial decision-making methods have been developed for companies to make the most accurate selection under multiple parameters and alternatives. In this study, the TOPSIS method, which is one of these methods, will examine how investors will choose the most reasonable one for investment from multiple companies.