@article{article_328725, title={INVESTIGATION OF FINANCIAL PERFORMANCE IN TURKISH MANUFACTURING SECTOR WITH GRAY RELATIONAL ANALYSIS METHOD: A STUDY IN CENTRAL BANK OF THE REPUBLIC OF TURKEY SUB-SECTOR COMPANY ACCOUNTS}, journal={Journal of Accounting and Taxation Studies}, volume={10}, pages={161–184}, year={2017}, DOI={10.29067/muvu.328725}, author={Karadeniz, Erdinç and Koşan, Levent and Günay, Fatih and Beyazgül, Mehmet}, keywords={İmalat Alt Sektörleri,TCMB Sektör Oranları,Finansal Performans,Gri İlişkisel Analiz}, abstract={<p> <span style="font-size:14px;">The study aimed to analyse financial performance of Turkish Manufacturing  </span> <span style="font-size:14px;">Sector. 32 financial ratios of the 21 manufacturing sub-sectors were  </span> <span style="font-size:14px;">analysed by Gray Relational Analysis method. Data used in the analysis  </span> <span style="font-size:14px;">are the sector ratios calculated and declared by the Central Bank of The  </span> <span style="font-size:14px;">Republic of Turkey (CBRT) and cover the period 2012-2014. According to  </span> <span style="font-size:14px;">the findings the indicators affecting financial performance of Turkish manufacturing  </span> <span style="font-size:14px;">sector are financial structure, profitability, liquidity and asset  </span> <span style="font-size:14px;">utilization ratios. Within the scope of study the most successful three subsectors  </span> <span style="font-size:14px;">are, Tobacco Products Manufacturing, Coke and Refined Petroleum  </span> <span style="font-size:14px;">Products Manufacturing and Beverages Manufacturing sub-ectors.  </span> <span style="font-size:14px;">Food Products Manufacturing sub-sector is identified as the lowest performance. </span> </p>}, number={2}, publisher={Ankara Serbest Muhasebeci Mali Müşavirler Odası}