TY  - JOUR
TT  - EFFECT OF CASH CONVERSION CYCLE ON THE FINANCIAL PERFORMANCE: A PRACTICE ON THE CORPORATE GOVERNANCE INDEX
AU  - Topaloğlu, Emre Esat
AU  - Nur, Tuğba
PY  - 2016
DA  - March
JF  - Akademik Bakış Uluslararası Hakemli Sosyal Bilimler Dergisi
PB  - Akademik Bakış
WT  - DergiPark
SN  - 1694-528X
SP  - 304
EP  - 317
IS  - 53
KW  - Nakit Dönüşüm Süresi
KW  - Finansal Performans
KW  - Aktif Karlılık
KW  - Özsermaye Karlılığı
KW  - Kurumsal Yönetim Endeksi
N2  - The effect of cash conversion cycles of 18 companies operating continuously in the Istanbul Stock Exchange Corporate Governance Index between 2010-2014 on their financial performances was analysed by multiple linear regression method in the study. While return on assets and return on equity are dependent variables of the study as financial performance variables, cash conversion cycle was included in the study as an independent variable. Separate models were formed for both dependent variable used in the analysis. While only cash conversion cycle variable was included to the model formed on the basis of return on assets statistically significantly and within a positive relationship, the natural logarithm of total assets was included to the model formed for the return on equity only as one of the control variables. Therefore, while a positive relationship between cash conversion cycle and return on assets was observer, no relationship between the return on equity and cash conversion cycle was observed.
UR  - https://dergipark.org.tr/tr/pub/abuhsbd/issue//366151
L1  - https://dergipark.org.tr/tr/download/article-file/383162
ER  -