Performance Evaluation of Construction Companies in Malaysia with Entropy-VIKOR Model

Authors

  • Lam Weng Siew Universiti Tunku Abdul Rahman
  • Liew Kah Fai Universiti Tunku Abdul Rahman
  • Lam Weng Hoe Universiti Tunku Abdul Rahman

DOI:

https://doi.org/10.4186/ej.2021.25.1.297

Keywords:

conceptual framework, performance assessment, VIKOR, multi-criteria decision making

Abstract

Construction industry is an important industry that has an enormous impact on the country’s economic development. Nowadays, the government strives to encourage the construction industry to develop the advanced and modern infrastructure that related to health, transport, education, and housing. As a result, the Malaysian construction sector companies’ financial performance is studied in this paper based on the crucial financial ratios. This paper aims to assess and compare the Malaysian construction sector companies’ financial performance based on Entropy-VIKOR model. In this paper, the listed construction companies in Malaysia are investigated. The findings of this paper demonstrate that ZECON, DKLS, GADANG, TRIPLC, and MELATI are ranked as the top five construction companies based on the proposed model. The importance of this paper is to assess the construction companies’ financial performance as well as identify the weights of the financial ratios in assessing the Malaysian construction sector companies’ financial performance with the proposed Entropy-VIKOR model.

Downloads

Download data is not yet available.

Author Biographies

Lam Weng Siew
Google Scholar

1 Department of Physical and Mathematical Science, Faculty of Science, Universiti Tunku Abdul Rahman, Kampar Campus, Jalan Universiti, Bandar Barat, 31900 Kampar, Perak, Malaysia

2 Centre for Business and Management, Universiti Tunku Abdul Rahman, Kampar Campus, Jalan Universiti, Bandar Barat, 31900 Kampar, Perak, Malaysia

Liew Kah Fai
Google Scholar

1 Department of Physical and Mathematical Science, Faculty of Science, Universiti Tunku Abdul Rahman, Kampar Campus, Jalan Universiti, Bandar Barat, 31900 Kampar, Perak, Malaysia

2 Centre for Mathematical Sciences, Universiti Tunku Abdul Rahman, Kampar Campus, Jalan Universiti, Bandar Barat, 31900 Kampar, Perak, Malaysia

Lam Weng Hoe
Google Scholar

1 Department of Physical and Mathematical Science, Faculty of Science, Universiti Tunku Abdul Rahman, Kampar Campus, Jalan Universiti, Bandar Barat, 31900 Kampar, Perak, Malaysia


2 Centre for Mathematical Sciences, Universiti Tunku Abdul Rahman, Kampar Campus, Jalan Universiti, Bandar Barat, 31900 Kampar, Perak, Malaysia


3 Centre for Business and Management, Universiti Tunku Abdul Rahman, Kampar Campus, Jalan Universiti, Bandar Barat, 31900 Kampar, Perak, Malaysia

Downloads

Published In
Vol 25 No 1, Jan 31, 2021
How to Cite
[1]
L. W. Siew, L. K. Fai, and L. W. Hoe, “Performance Evaluation of Construction Companies in Malaysia with Entropy-VIKOR Model”, Eng. J., vol. 25, no. 1, pp. 297-305, Jan. 2021.
Cited By
Find in Google Scholar

Authors who publish with Engineering Journal agree to transfer all copyright rights in and to the above work to the Engineering Journal (EJ)'s Editorial Board so that EJ's Editorial Board shall have the right to publish the work for nonprofit use in any media or form. In return, authors retain: (1) all proprietary rights other than copyright; (2) re-use of all or part of the above paper in their other work; (3) right to reproduce or authorize others to reproduce the above paper for authors' personal use or for company use if the source and EJ's copyright notice is indicated, and if the reproduction is not made for the purpose of sale.