Indian Journal of Science and Technology

Abstract

A compensatory Multi-criteria decision making methods is called Copeland method. Criteria are liquidity, profitability, activity, financial leverage and growth. Aim of this research is the study of factors affecting on the performance of Cement industry based on Copeland method. Presented this research for all 28 Cement Companies that accepted in Stock Exchange of Tehran since (1379-1388) and sample is equals with society. Research method is descriptive and based on the target is application. According to the results, we see that A23 = Azar Shahr and Ardabil lime Cement industry is the best company and A16 = Dorood Cement company has the last rank. So we see that the research question is answered and each company a ranking is awarded based on financial ratios. So the growth, profitability, liquidity, financial leverage, activity have an impact on the performance of Cement companies. We from research conclude that based on implemented ranking, Azar Shahr and Ardabil lime Cement industry has the first rank. 
Keywords: Activity, Copeland Method, Financial Leverage, Growth, Liquidity, Profitability