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Karlılığı Belirleyen Finansal Faktörler: BIST’te İşlem Gören İmalat Sanayi Firmaları Üzerine Bir Araştırma

The Financial Factors that Determine the Profitability: An Application on Manufacturing Firms Traded in BIST

Journal Name:

  • Optimum Ekonomi ve Yönetim Bilimleri Dergisi

Publication Year:

  • 2016

Key Words:

Keywords (Original Language):

Author NameUniversity of AuthorFaculty of Author
Abstract (2. Language): 
This paper examines the determinants of financial profitability firms listed in Borsa Istanbul (BIST). The study made use of data of 136 firms continuously active in BIST manufacturing industry between 2005 and 2012. In the study, panel data analysis was used. According to the findings it is determined that Return on Equity and Return on Assets have a positive relationship with the total assets, however, leverage ratio have a negative relationship. In addition, a statistically insignificant relation was established between firm age, liquid ratio and profitability. Findings of the research are important for investors, researchers, executives of business.
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Abstract (Original Language): 
Bu çalışmanın amacı Borsa İstanbul’da (BİST) hisse senetleri işlem gören imalat sanayi firmalarının karlılığını belirleyen finansal faktörlerin tespit edilmesidir. Araştırmada 2005-2012 yılları arasında BİST imalat sanayide işlem gören 136 firmanın verilerinden yararlanılmıştır. Araştırmada panel veri analizi kullanılmıştır. Yapılan analizler sonucunda Varlık Karlılığı ve Öz sermaye Karlılığı ile toplam varlıklar arasında pozitif bir ilişki; buna karşın kaldıraç oranı arasında ise negatif bir ilişki tespit edilmiştir. Cari oran ve firma yaşı ile karlılık arasında istatistiksel olarak anlamlı olmayan sonuçlar elde edilmiştir. Araştırmada elde edilen bulgular; yatırımcılar, araştırmacılar ve işletmelerin üst yönetimi açısından büyük önem taşımaktadır
FULL TEXT (PDF): 
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  • Turkish

JEL Codes:

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