Хураангуй:
Analyzing firms’ performance appropriately is an essential issue for decision-makers working in the financial sector under the conditions of imprecise and incomplete information. Additionally, it can be a useful tool for firms in terms of competitive power and sector development. Based on the financial data of listed companies in Mongolia's insurance industry from 2018 to 2020, the financial performance evaluation index of listed companies in the insurance industry was screened by the main component analysis method and the gradual regression analysis method, and the weight of each index was determined by entropy right method, and a complete financial performance evaluation system of listed companies in the insurance industry was constructed. Through the TOPSIS method, the financial performance of listed companies in the insurance industry in 2018-2020 is evaluated and ranked, and the evaluation results are verified by analyzing the actual situation of each insurance company.
