A FAHP AND VIKOR METHOD FOR EVALUATION OF THE FINANCIAL PERFORMANCE OF AGRICULTURE COMPANIES LISTED ON THE BELGRADE STOCK EXCHANGE

Milorad  Kovjanić; Predrag  Vukadinović; Snežana  Knežević; Tijana  Obradović; Aleksandra  Mitrović; Aleksandar  Grgur; Marko  Milašinović

doi:10.59267/ekoPolj2301185K

Authors

Milorad Kovjanić Ph.D student, Singidunum University, Belgrade, Serbia https://orcid.org/0009-0006-5545-4730
Predrag Vukadinović Singidunum University, Belgrade, Serbia https://orcid.org/0000-0002-4859-7497
Snežana Knežević University of Belgrade, Faculty of Organizational Sciences, Belgrade, Serbia https://orcid.org/0000-0003-0176-6107
Tijana Obradović University of Belgrade, Faculty of Organizational Sciences, Belgrade, Serbia https://orcid.org/0000-0001-9613-318X
Aleksandra Mitrović University of Kragujevac, Faculty of Hotel Management and Tourism in Vrnjačka Banja, Vrnjačka Banja, Serbia https://orcid.org/0000-0002-8302-0853
Aleksandar Grgur National Center for Corporate Education, Belgrade, Serbia https://orcid.org/0000-0002-1538-7055
Marko Milašinović University of Kragujevac, Faculty of Hotel Management and Tourism in Vrnjačka Banja, Vrnjačka Banja, Serbia https://orcid.org/0000-0002-9346-9283

DOI:

https://doi.org/10.59267/ekoPolj2301185K

Keywords:

financial performance, FAHP method, VIKOR method, agriculture, forestry, and fisheries, Belgrade Stock Exchange

Abstract

Decision-making can be improved by using different models by financial statements users for different purposes. In this paper, the FAHP model was implemented for financial performance evaluation of companies operating within the A-agriculture, forestry and fisheries sectors on the Belgrade Stock Exchange. In addition, we used the VIKOR method, for ranking companies against the results achieved. With all the constrains shown, the research presented in this paper, raises questions for insight and future development, through the possibilities of ranking the financial performance of the company.

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Author Biographies

Milorad Kovjanić, Ph.D student, Singidunum University, Belgrade, Serbia

Predrag Vukadinović, Singidunum University, Belgrade, Serbia

Snežana Knežević, University of Belgrade, Faculty of Organizational Sciences, Belgrade, Serbia

Tijana Obradović, University of Belgrade, Faculty of Organizational Sciences, Belgrade, Serbia

Aleksandra Mitrović, University of Kragujevac, Faculty of Hotel Management and Tourism in Vrnjačka Banja, Vrnjačka Banja, Serbia

Aleksandar Grgur, National Center for Corporate Education, Belgrade, Serbia

Marko Milašinović, University of Kragujevac, Faculty of Hotel Management and Tourism in Vrnjačka Banja, Vrnjačka Banja, Serbia

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