Regional Differences and Financial Ratios: A Comparative Approach on Companies of ISE City Indexes

Ali Deran; Omer Iskenderoglu; Incilay Erduru

Regional Differences and Financial Ratios: A Comparative Approach on Companies of ISE City Indexes

Year 2014, Volume: 4 Issue: 4, 946 - 955, 01.12.2014

Ali Deran Omer Iskenderoglu Incilay Erduru

Abstract

This study aims to compare the regional differences by the financial ratios of 157 companies listed on Istanbul Stock Exchange (ISE), Turkey. In this respect, data of 157 companies are researched on the city indexes of Istanbul, Izmir, Kocaeli and Bursa. 16 ratios showing liquidity, financial structure, turnover, profitability and stock market performance of the companies is calculated in the analysis for 2011 annually. Independent Sample t test and Mann-Whitney U Test are employed to reveal any significant difference in the companies operating in different regions. The result of the study varies on the compared regions. The differences also figure out that financial management differs among regions.

Keywords

financial ratio, regional difference, independent sample t test, mann-whitney u test

Year 2014, Volume: 4 Issue: 4, 946 - 955, 01.12.2014

Ali Deran Omer Iskenderoglu Incilay Erduru

Abstract

There are 0 citations in total.

Details

Other ID	JA22FY56CD
Journal Section	Research Article
Authors	Ali Deran This is me Omer Iskenderoglu This is me Incilay Erduru This is me
Publication Date	December 1, 2014
Published in Issue	Year 2014 Volume: 4 Issue: 4

Cite

APA	Deran, A., Iskenderoglu, O., & Erduru, I. (2014). Regional Differences and Financial Ratios: A Comparative Approach on Companies of ISE City Indexes. International Journal of Economics and Financial Issues, 4(4), 946-955.
AMA	Deran A, Iskenderoglu O, Erduru I. Regional Differences and Financial Ratios: A Comparative Approach on Companies of ISE City Indexes. IJEFI. December 2014;4(4):946-955.
Chicago	Deran, Ali, Omer Iskenderoglu, and Incilay Erduru. “Regional Differences and Financial Ratios: A Comparative Approach on Companies of ISE City Indexes”. International Journal of Economics and Financial Issues 4, no. 4 (December 2014): 946-55.
EndNote	Deran A, Iskenderoglu O, Erduru I (December 1, 2014) Regional Differences and Financial Ratios: A Comparative Approach on Companies of ISE City Indexes. International Journal of Economics and Financial Issues 4 4 946–955.
IEEE	A. Deran, O. Iskenderoglu, and I. Erduru, “Regional Differences and Financial Ratios: A Comparative Approach on Companies of ISE City Indexes”, IJEFI, vol. 4, no. 4, pp. 946–955, 2014.
ISNAD	Deran, Ali et al. “Regional Differences and Financial Ratios: A Comparative Approach on Companies of ISE City Indexes”. International Journal of Economics and Financial Issues 4/4 (December 2014), 946-955.
JAMA	Deran A, Iskenderoglu O, Erduru I. Regional Differences and Financial Ratios: A Comparative Approach on Companies of ISE City Indexes. IJEFI. 2014;4:946–955.
MLA	Deran, Ali et al. “Regional Differences and Financial Ratios: A Comparative Approach on Companies of ISE City Indexes”. International Journal of Economics and Financial Issues, vol. 4, no. 4, 2014, pp. 946-55.
Vancouver	Deran A, Iskenderoglu O, Erduru I. Regional Differences and Financial Ratios: A Comparative Approach on Companies of ISE City Indexes. IJEFI. 2014;4(4):946-55.