The Link between Corporate Reputation and Financial Performance and Equilibrium within the Airline Industry
This study examines how corporate reputation is perceived by investors through the financial performance and equilibrium of several airline companies. We used a sample of 22 companies. Nineteen are listed in the World Airline Awards 2018 ranking based on client satisfaction, and three companies are...
Main Authors: | , , |
---|---|
Format: | Article |
Language: | English |
Published: |
MDPI AG
2021-09-01
|
Series: | Mathematics |
Subjects: | |
Online Access: | https://www.mdpi.com/2227-7390/9/17/2150 |
id |
doaj-d3c7382515e14b7cba39046c71f7847d |
---|---|
record_format |
Article |
spelling |
doaj-d3c7382515e14b7cba39046c71f7847d2021-09-09T13:52:35ZengMDPI AGMathematics2227-73902021-09-0192150215010.3390/math9172150The Link between Corporate Reputation and Financial Performance and Equilibrium within the Airline IndustryAndreas-Daniel Cocis0Larissa Batrancea1Horia Tulai2Faculty of Economics and Business Administration, Babes-Bolyai University, 58-60 Teodor Mihali Street, 400591 Cluj-Napoca, RomaniaFaculty of Business, Babes-Bolyai University, 7 Horea Street, 400174 Cluj-Napoca, RomaniaFaculty of Economics and Business Administration, Babes-Bolyai University, 58-60 Teodor Mihali Street, 400591 Cluj-Napoca, RomaniaThis study examines how corporate reputation is perceived by investors through the financial performance and equilibrium of several airline companies. We used a sample of 22 companies. Nineteen are listed in the World Airline Awards 2018 ranking based on client satisfaction, and three companies are included in the Fortune ranking and enjoying the best corporate reputations in the airline industry. The analyzed period was 2016–2018. The purpose of this study was to rank airline companies based on financial indicators by means of the TOPSIS method to see whether the companies included in the Fortune ranking would keep a similar hierarchy. Results indicated that companies maintained a similar order in the TOPSIS ranking after considering financial performance and equilibrium indicators. The overall conclusion was that companies with a good financial performance and equilibrium enjoyed a good corporate reputation from investors’ point of view.https://www.mdpi.com/2227-7390/9/17/2150financial performancefinancial equilibriumcorporate reputationTOPSIS methodairline companies |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Andreas-Daniel Cocis Larissa Batrancea Horia Tulai |
spellingShingle |
Andreas-Daniel Cocis Larissa Batrancea Horia Tulai The Link between Corporate Reputation and Financial Performance and Equilibrium within the Airline Industry Mathematics financial performance financial equilibrium corporate reputation TOPSIS method airline companies |
author_facet |
Andreas-Daniel Cocis Larissa Batrancea Horia Tulai |
author_sort |
Andreas-Daniel Cocis |
title |
The Link between Corporate Reputation and Financial Performance and Equilibrium within the Airline Industry |
title_short |
The Link between Corporate Reputation and Financial Performance and Equilibrium within the Airline Industry |
title_full |
The Link between Corporate Reputation and Financial Performance and Equilibrium within the Airline Industry |
title_fullStr |
The Link between Corporate Reputation and Financial Performance and Equilibrium within the Airline Industry |
title_full_unstemmed |
The Link between Corporate Reputation and Financial Performance and Equilibrium within the Airline Industry |
title_sort |
link between corporate reputation and financial performance and equilibrium within the airline industry |
publisher |
MDPI AG |
series |
Mathematics |
issn |
2227-7390 |
publishDate |
2021-09-01 |
description |
This study examines how corporate reputation is perceived by investors through the financial performance and equilibrium of several airline companies. We used a sample of 22 companies. Nineteen are listed in the World Airline Awards 2018 ranking based on client satisfaction, and three companies are included in the Fortune ranking and enjoying the best corporate reputations in the airline industry. The analyzed period was 2016–2018. The purpose of this study was to rank airline companies based on financial indicators by means of the TOPSIS method to see whether the companies included in the Fortune ranking would keep a similar hierarchy. Results indicated that companies maintained a similar order in the TOPSIS ranking after considering financial performance and equilibrium indicators. The overall conclusion was that companies with a good financial performance and equilibrium enjoyed a good corporate reputation from investors’ point of view. |
topic |
financial performance financial equilibrium corporate reputation TOPSIS method airline companies |
url |
https://www.mdpi.com/2227-7390/9/17/2150 |
work_keys_str_mv |
AT andreasdanielcocis thelinkbetweencorporatereputationandfinancialperformanceandequilibriumwithintheairlineindustry AT larissabatrancea thelinkbetweencorporatereputationandfinancialperformanceandequilibriumwithintheairlineindustry AT horiatulai thelinkbetweencorporatereputationandfinancialperformanceandequilibriumwithintheairlineindustry AT andreasdanielcocis linkbetweencorporatereputationandfinancialperformanceandequilibriumwithintheairlineindustry AT larissabatrancea linkbetweencorporatereputationandfinancialperformanceandequilibriumwithintheairlineindustry AT horiatulai linkbetweencorporatereputationandfinancialperformanceandequilibriumwithintheairlineindustry |
_version_ |
1717759785622831104 |