A hybrid financial performance evaluation model for wealth management banks following the global financial crisis

The study constructs a hybrid approach to financial performance evaluation for wealth management (WM) banks affected by the global financial crisis from the middle of 2007 into 2008 utilizing an analytic hierarchy process (AHP) and the VlseKriterijumska Optimizacija I Kompromisno Resenje (VIKOR). F...

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Main Authors: Shun-Chiao Chang, Pei-Hsuan Tsai
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2016-01-01
Series:Technological and Economic Development of Economy
Subjects:
AHP
Online Access:http://journals.vgtu.lt/index.php/TEDE/article/view/689
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spelling doaj-58454eb301404cfe850e818f942960102021-07-02T07:41:51ZengVilnius Gediminas Technical UniversityTechnological and Economic Development of Economy2029-49132029-49212016-01-0122110.3846/20294913.2014.986771A hybrid financial performance evaluation model for wealth management banks following the global financial crisisShun-Chiao Chang0Pei-Hsuan Tsai1Department of Business Administration, National Taiwan University of Science and Technology, 43, Sec. 4, Keelung Rd., 106 Taipei, TaiwanDepartment of Business Administration, National Taiwan University of Science and Technology, 43, Sec. 4, Keelung Rd., 106 Taipei, Taiwan The study constructs a hybrid approach to financial performance evaluation for wealth management (WM) banks affected by the global financial crisis from the middle of 2007 into 2008 utilizing an analytic hierarchy process (AHP) and the VlseKriterijumska Optimizacija I Kompromisno Resenje (VIKOR). Five aspects of multi-criteria group decision making including service, performance, professionalism, risk control, and consumers’ confidence (SPPRC) reveal that consumers’ confidence, risk control and service are the top three key factors for Taiwan’s seven main WM banks in evaluating the performance of banking managers. First published online: 09 Jul 2015 http://journals.vgtu.lt/index.php/TEDE/article/view/689wealth managementglobal financial crisisperformance evaluationAHPVIKORSPPRC
collection DOAJ
language English
format Article
sources DOAJ
author Shun-Chiao Chang
Pei-Hsuan Tsai
spellingShingle Shun-Chiao Chang
Pei-Hsuan Tsai
A hybrid financial performance evaluation model for wealth management banks following the global financial crisis
Technological and Economic Development of Economy
wealth management
global financial crisis
performance evaluation
AHP
VIKOR
SPPRC
author_facet Shun-Chiao Chang
Pei-Hsuan Tsai
author_sort Shun-Chiao Chang
title A hybrid financial performance evaluation model for wealth management banks following the global financial crisis
title_short A hybrid financial performance evaluation model for wealth management banks following the global financial crisis
title_full A hybrid financial performance evaluation model for wealth management banks following the global financial crisis
title_fullStr A hybrid financial performance evaluation model for wealth management banks following the global financial crisis
title_full_unstemmed A hybrid financial performance evaluation model for wealth management banks following the global financial crisis
title_sort hybrid financial performance evaluation model for wealth management banks following the global financial crisis
publisher Vilnius Gediminas Technical University
series Technological and Economic Development of Economy
issn 2029-4913
2029-4921
publishDate 2016-01-01
description The study constructs a hybrid approach to financial performance evaluation for wealth management (WM) banks affected by the global financial crisis from the middle of 2007 into 2008 utilizing an analytic hierarchy process (AHP) and the VlseKriterijumska Optimizacija I Kompromisno Resenje (VIKOR). Five aspects of multi-criteria group decision making including service, performance, professionalism, risk control, and consumers’ confidence (SPPRC) reveal that consumers’ confidence, risk control and service are the top three key factors for Taiwan’s seven main WM banks in evaluating the performance of banking managers. First published online: 09 Jul 2015
topic wealth management
global financial crisis
performance evaluation
AHP
VIKOR
SPPRC
url http://journals.vgtu.lt/index.php/TEDE/article/view/689
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