A Study on Performance Evaluation of Public Sector Enterprise Transportation Equipment Companies Using Shannon DEA Approach

Subir Kumar Sen1 & Sudipta Kayal2

1Assistant Professor, Department of Commerce, Tripura University, Suryamaninagar, Agartala-799022, Tripura, India. Email: subirkumarsen@gmail.com

2Assistant Professor, Department of Economics, Savitri Girls’ College, Kolkata-700007.

 Volume VII, Number 2, 2017 I Full Text PDF

DOI: 10.25274/bcjms.v7n2.v7n2mc03


This paper examined the overall efficiency of the public sector enterprise Transportation Equipment Companies using a non-parametric approach during financial year 2010-2013. Using the Shannon entropy method, the efficiency scores of public sector enterprise Transportation Equipment Companies under cost, revenue and profit models are combined to obtain a comprehensive performance measure. Results of degree of diversification and degree of importance associated with each model suggest that profit model has a larger value of discriminatory ability and weight compared to cost and revenue models. Firms which are close to profit and cost efficient frontiers are ranked better under Shannon index compared to those which are away from the efficient frontiers. In general, firms which are closed to efficient frontier are ranked better compared to those which are away from the efficient frontier under Shannon index. Finally, this paper pointed out that Shannon-DEA approach provides a comprehensive efficiency index for firms as well as a reasonable way of ranking the companies.

Keywords: Shannon’s entropy, cost efficiency, revenue efficiency, profit efficiency, ranking, Transportation Equipment Companies.

JEL Codes: C14, D61

We are a Member of Crossref

Crossref Content Registration logo

Call for Papers

Under Continuous Publication Model

We are inviting papers and book reviews on any topic under the following broad disciplines throughout the year. Once the review process of the individual articles is completed, we will publish the articles throughout the year. As per the volume of contents, the articles will make an issue. At the end of the year the issues will be printed as a Volume.

Broad Disciplines:

  • Humanities: Sanskrit, Bengali, English, Music
  • Social Sciences: History, Archaeology, Geography, Philosophy, Psychology, Political Science, Public Administration, Economics, Education, Sociology, Sports Studies (Physical Education)
  • Management and Commerce: Commerce, Accountancy, Rural Management
  • Pure Sciences: Mathematics, Physics, Chemistry, Computer Science
  • Research Methodology
  • Vocational and technical Education

Content Types

We consider the following content types for publication:

  • Critical papers: Full-fledged critical articles (3000-5000 words).
  • Research findings: Reports from researches already under process may be sent as interim report (1000-2000 words).
  • Surveys: Findings from survey as critical report may be submitted (2000-3000 words).
  • Short communications: Scholarly findings or new insights into some area may be sent (1000-1500 words).
  • Conference/seminar papers: Conference/seminar papers (minimum 2000 words) may be submitted provided that the permission is taken from the organizers
  • Review of books not older than 2 years (500+ words)

English, Bengali, Sanskrit

How to Submit:

Where to Send
Send your submissions to principal@bhattercollege.ac.in and publish@bhattercollege.ac.in simultaneously.

Submission Deadline

Since we follow Continuous Publication Model, there is no deadline of submission. Once the review of the submitted articles is complete, we will publish the papers under an issue following four-month unit.


For queries please contact Chief Editor at principal@bhattercollege.ac.in or Managing Editor at publish@bhattercollege.ac.in.