SAHİPLİK YAPISININ KAR DAĞITIM KARARLARINA ETKİSİ: PANEL TOBİT YÖNTEMİYLE BİR ANALİZ

Koray Özvar; Ersan Ersoy

doi:10.14784/marufacd.346196

SAHİPLİK YAPISININ KAR DAĞITIM KARARLARINA ETKİSİ: PANEL TOBİT YÖNTEMİYLE BİR ANALİZ

Öz

Bu çalışmanın amacı sahiplik yapısındaki farklılıkların kar dağıtım kararları üzerine etkisini araştırmaktır.
Çalışmada Borsa İstanbul’a kote 142 imalat sanayi şirketinin 2009-2014 dönemine ait verilerinden
faydalanılmıştır. Analizlerde Rassal Etkili Panel Tobit yöntemi kullanılmıştır. Çalışmada, Rozeff (1982), Easterbrook
(1984) ve Jensen’in (1986) yaklaşımıyla uyumlu olarak sahiplik yoğunlaşması ile kar payı dağıtım
oranı arasında pozitif yönlü bir ilişki bulunmuştur. Ayrıca yabancı sahipliğin varlığı kar payı dağıtım oranını
pozitif yönde etkilerden, halka açıklık oranının negatif yönde etkilediği tespit edilmiştir. Aile sahipliğinin
ise kar payı dağıtım oranı üzerinde istatistiksel olarak anlamlı bir etkisinin olmadığı görülmüştür. Firmalarda
karlılık oranının artması, borçlanma düzeyinin ise düşmesi kar payı dağıtım oranını yükseltmektedir.
Bu sonuçlardan yola çıkarak, sahiplik yapısının kar dağıtım politikasını etkilediği söylenebilir.

Anahtar Kelimeler

Sahiplik Yapısı,Mülkiyet Yapısı,Temettü Politikası,Kar Dağıtım Politikası,Sahiplik Yoğunlaşması,Yabancı Sahiplik,Aile Sahipliği

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Details

Primary Language

Turkish

Subjects

-

Journal Section

Research Article

Authors

Koray Özvar This is me

Ersan Ersoy

Publication Date

July 1, 2017

Submission Date

April 10, 2017

Acceptance Date

-

Published in Issue

Year 1970 Volume: 9 Number: 17

DOI

https://doi.org/10.14784/marufacd.346196

IZ

https://izlik.org/JA29JW79JX

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RIS / Bibtex

APA

Özvar, K., & Ersoy, E. (2017). SAHİPLİK YAPISININ KAR DAĞITIM KARARLARINA ETKİSİ: PANEL TOBİT YÖNTEMİYLE BİR ANALİZ. Finansal Araştırmalar Ve Çalışmalar Dergisi, 9(17), 129-147. https://doi.org/10.14784/marufacd.346196

SAHİPLİK YAPISININ KAR DAĞITIM KARARLARINA ETKİSİ: PANEL TOBİT YÖNTEMİYLE BİR ANALİZ

SAHİPLİK YAPISININ KAR DAĞITIM KARARLARINA ETKİSİ: PANEL TOBİT YÖNTEMİYLE BİR ANALİZ

Öz

Anahtar Kelimeler

References

Details

Primary Language

Subjects

Journal Section

Authors

Publication Date

Submission Date

Acceptance Date

Published in Issue

DOI

IZ

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Cited By

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