Investigation on the Performance of Construction Companies in Malaysia with Entropy-TOPSIS Model

Abstract

Construction industry plays an important role to a nation due to its contribution to the economic growth. The objective of this paper is to propose an Entropy-TOPSIS model in evaluating and comparing the financial performance of the construction companies in Malaysia. In this study, the listed construction companies in Malaysia are investigated using Entropy-TOPSIS model. The results of this study show that ZECON, DKLS, GADANG, ECONBHD and MELATI are ranked as top five construction companies based on the proposed model. This study is significant because it helps to determine the financial performance of the construction company as well as identify the importance of the decision criteria in the evaluation on the financial performance of the construction companies in Malaysia with the proposed conceptual framework based of entropy-TOPSIS model.