DENETİM RAPOR TÜRLERİNİN FİRMA DEĞERİ ÜZERİNDEKİ ETKİLERİNİN ANALİZİ

Year 2022, Issue: 36, 131 - 150, 07.08.2022

Oğuzhan Ece , Bülent Diclehan Çadırcı

https://doi.org/10.18092/ulikidince.1128929

Cited By: 2

Abstract

Çalışma, Türkiye ölçeğinde firmalar ile firma çıkar grupları arasındaki güvencenin temellerinden biri olan denetim raporlarının, firma piyasa değeri üzerindeki etkilerini tespit edip ampirik kanıtlar sunmayı amaçlamaktadır. Bu çerçevede 2010/Q1-2021/Q3 dönemi için BİST 100’de yer alan ve finansal olmayan 77 firma özelinde olumlu, olumsuz ve görüş bildirmekten kaçınma şeklindeki denetim görüşleri panel veri metodolojisi çerçevesinde Driscoll-Kraay Tahmin yöntemiyle incelenmiştir. Analiz sonucunda firma piyasa değerini olumlu denetim görüşünün pozitif, görüş bildirmekten kaçınma şeklindeki denetim görüşünün ise negatif etkilediği sonucuna ulaşılmıştır. Diğer yandan olumsuz denetim raporları ile firma değeri arasında anlamlı bir ilişkiye rastlanılmamıştır. Çalışma neticesinde ulaşılan sonuçların denetim görüşü ve firma değer ilişkisi özelindeki sınırlı literatüre katkı sağlamasının yanında yatırım sürecinde yatırımcılar için bir perspektif oluşturabileceği de beklenmektedir.

Keywords

Denetim Görüşü, Denetim Rapor Türleri, Firma Değeri, Sermaye Piyasaları

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