İŞLETME DEĞERİ İLE FİNANSAL ORANLAR ARASINDA İLİŞKİ VAR MI? BORSA İSTANBUL’DA BİR UYGULAMA

Abstract

Bu çalışmada finansal oranlar ile işletme değeri arasındaki ilişkinin tespit edilmesi amaçlanmaktadır. Bu amaçla, bağımlı değişken olarak işletme değeri, bağımsız değişkenler olarak ise cari oran aktif devir hızı, piyasa değeri/defter değeri, kaldıraç oranları ve net satışlar kullanılmıştır. Çalışmada panel veri analizi yöntemi ile Borsa İstanbul BİST ’te işlem gören 115 imalat sanayi işletmesinin 2005-2014 verileri analiz edilmiştir

Keywords

• Finansal Oranlar,İşletme Değeri,Panel Veri Analizi

Is There a Relationship Between Firm Value and Financial Ratios? An Application in Borsa İstanbul

Abstract

In this study, it is aimed to determine the relationship between financial ratios and firm value. For this purpose, firm value as dependent variable, current ratio, asset turnover rate, market to book value, leverage ratios and net sales were used as independent variables. Panel data analysis method in the study analysed the 2005-2014 data of 115 production firms that were traded at the Borsa Istanbul BIST

Keywords

• Financial Ratios,Firm Value,Panel Data Analysis

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