FİRMA BÜYÜMESİ İLE KARLILIK ARASINDAKİ İLİŞKİ: TÜRKİYE ÖRNEĞİ

Year 2019, , 111 - 120, 24.10.2019

Eray Gemici , Müslüm Polat

https://doi.org/10.30794/pausbed.458303

Abstract

Bu çalışmada Borsa İstanbul
Sınai Sektöründe faaliyet gösteren firmaların 2003-2016 dönemine ait yıllık verileri üzerinden firma
büyümesi ile karlılık arasındaki ilişki araştırılmıştır. Çalışmada firma büyümesi
ile karlılık arasındaki ilişkinin araştırmasında panel eş bütünleşme ve panel
nedensellik testleri kullanılmıştır. Elde edilen sonuçlar, karlılık ve büyüme
arasında uzun dönemli ilişki olduğunu ve tahmin edilen uzun dönemli
parametrelerin karlılık ve büyüme üzerinde anlamlı etkisi olduğunu
göstermektedir. Panel nedensellik testi sonuçlarına göre ise büyüme ve karlılık
arasında çift yönlü nedensellik ilişkisi tespit edilmiştir.

Keywords

Firma büyüklüğü, Firma karlılığı, Panel eşbütünleşme, Panel nedensellik

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