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Issue 5(1), October 2010 -- Paper Abstracts
Girard  (p. 9-22)
Cooper (p. 23-32)
Kunz-Osborne (p. 33-41)
Coulmas-Law (p.42-46)
Stasio (p. 47-56)
Albert-Valette-Florence (p.57-63)
Zhang-Rauch (p. 64-70)
Alam-Yasin (p. 71-78)
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Nonis-Hudson-Hunt (p. 95-106) 



JOURNAL OF APPLIED BUSINESS AND ECONOMICS


Multi-Criteria Assessment of Public Rail Companies​


Author(s): Gerard Colson, Mapapa Mbangala

Citation: Gerard Colson, Mapapa Mbangala, (2020) "Multi-Criteria Assessment of Public Rail Companies," Journal of Applied Business and Economics, Vol. 22, Iss.11,  pp. 166-189

Article Type: Research paper

Publisher: North American Business Press

​Abstract:

The achievements of ten African public rail companies are compared with each other using the multicriteria methods ELECTRE I, PROMOTHEE II and JUDGES. The 25 first-level criteria retained are first grouped into 8 families, each capturing a second-level objective. The efficiency of the service is assessed by a technical-economic evaluation function grouping the first 4 families. Its efficiency is measured by an evaluation function involving the other 4 families made up of traditional financial ratios that are likely to capture the management balance and the origin of financial resources. The authors conduct longitudinal and cross-sectional analyses of the data by comparing the results generated by ELECTRE and PROMETHEE. The JUDGES software successively shows the tree of correlations observed between the 8 families of criteria, and the rank distributions of firms according to 8 families. From a methodological point of view, this work is a variant of ELECTRE I and checks the relevance of multi-criteria methods in terms of ranking the performance of public companies.