Lexicographic Goal Programming Model for Bank’s Performance Management

Any bank’s financial management is essential to preparing the assets and liabilities for multiple goals. In this paper, we develop an optimal bank model for the financial management department in the Kingdom of Saudi Arabia. The lexicographic goal programming model was used to formulate the banks’ p...

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Autores principales:	Ali AlArjani, Teg Alam
Formato:	article
Lenguaje:	EN
Publicado:	Hindawi Limited 2021
Materias:	Mathematics QA1-939
Acceso en línea:	https://doaj.org/article/b11ff76f8bd34e0c8634a280fc3723c1
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spelling	oai:doaj.org-article:b11ff76f8bd34e0c8634a280fc3723c12021-11-22T01:11:17ZLexicographic Goal Programming Model for Bank’s Performance Management1687-004210.1155/2021/8011578https://doaj.org/article/b11ff76f8bd34e0c8634a280fc3723c12021-01-01T00:00:00Zhttp://dx.doi.org/10.1155/2021/8011578https://doaj.org/toc/1687-0042Any bank’s financial management is essential to preparing the assets and liabilities for multiple goals. In this paper, we develop an optimal bank model for the financial management department in the Kingdom of Saudi Arabia. The lexicographic goal programming model was used to formulate the banks’ performance management. In this study, the six goals of one of the leading banks in Saudi Arabia, namely, maximize asset, minimize liability, maximize equity, maximize operating income, maximize net income, and maximizing total goal achievements in the financial statement, were studied. To illustrate the model, we have focused on Al Rajhi Bank’s financial statements as a case study. The data was obtained from the banks’ financial statements. The outcomes of the study exhibited that all goals were accomplished. This proposed model is dynamic because it will help examine the banks’ financial strengths located in the kingdom. As a result, the proposed model can guide banking firms in making decisions and developing strategies to deal with numerous monetary circumstances.Ali AlArjaniTeg AlamHindawi LimitedarticleMathematicsQA1-939ENJournal of Applied Mathematics, Vol 2021 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Mathematics QA1-939
spellingShingle	Mathematics QA1-939 Ali AlArjani Teg Alam Lexicographic Goal Programming Model for Bank’s Performance Management
description	Any bank’s financial management is essential to preparing the assets and liabilities for multiple goals. In this paper, we develop an optimal bank model for the financial management department in the Kingdom of Saudi Arabia. The lexicographic goal programming model was used to formulate the banks’ performance management. In this study, the six goals of one of the leading banks in Saudi Arabia, namely, maximize asset, minimize liability, maximize equity, maximize operating income, maximize net income, and maximizing total goal achievements in the financial statement, were studied. To illustrate the model, we have focused on Al Rajhi Bank’s financial statements as a case study. The data was obtained from the banks’ financial statements. The outcomes of the study exhibited that all goals were accomplished. This proposed model is dynamic because it will help examine the banks’ financial strengths located in the kingdom. As a result, the proposed model can guide banking firms in making decisions and developing strategies to deal with numerous monetary circumstances.
format	article
author	Ali AlArjani Teg Alam
author_facet	Ali AlArjani Teg Alam
author_sort	Ali AlArjani
title	Lexicographic Goal Programming Model for Bank’s Performance Management
title_short	Lexicographic Goal Programming Model for Bank’s Performance Management
title_full	Lexicographic Goal Programming Model for Bank’s Performance Management
title_fullStr	Lexicographic Goal Programming Model for Bank’s Performance Management
title_full_unstemmed	Lexicographic Goal Programming Model for Bank’s Performance Management
title_sort	lexicographic goal programming model for bank’s performance management
publisher	Hindawi Limited
publishDate	2021
url	https://doaj.org/article/b11ff76f8bd34e0c8634a280fc3723c1
work_keys_str_mv	AT alialarjani lexicographicgoalprogrammingmodelforbanksperformancemanagement AT tegalam lexicographicgoalprogrammingmodelforbanksperformancemanagement
_version_	1718418300569911296

Lexicographic Goal Programming Model for Bank’s Performance Management

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