Factors Affecting the Financial Performance of the Firms during the Financial Crisis: Evidence from Turkey

Cilt: 5 Sayı: 2 1 Temmuz 2014
  • H.gökçehan Demırhan
  • Waseem Anwar
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Factors Affecting the Financial Performance of the Firms during the Financial Crisis: Evidence from Turkey

Öz

This study investigates the factors that affect the firm performance during the international financial crisis which also affected Turkish economy. Sample of 140 non-financial firms from Borsa Istanbul has been investigated for the financial crisis period of 2008. Market-to-book ratio has been taken as the measure of performance in the study whereas eleven financial ratios have been taken as independent variables. A factor analysis has been applied on independent variables and categorized them into four categories. Then multiple regression analysis has been applied by taking the factor scores of our four factors. Results of the study suggest that liquidity of the firm affects the firm’s market value positively whereas high leverage inversely affects the firm performance during crisis.

Anahtar Kelimeler

Ayrıntılar

Birincil Dil

Türkçe

Konular

-

Bölüm

-

Yazarlar

H.gökçehan Demırhan Bu kişi benim

Waseem Anwar Bu kişi benim

Yayımlanma Tarihi

1 Temmuz 2014

Gönderilme Tarihi

20 Haziran 2015

Kabul Tarihi

-

Yayımlandığı Sayı

Yıl 2014 Cilt: 5 Sayı: 2

Kaynak Göster

APA
Demırhan, H., & Anwar, W. (2014). Factors Affecting the Financial Performance of the Firms during the Financial Crisis: Evidence from Turkey. Ege Stratejik Araştırmalar Dergisi, 5(2), 65-80. https://doi.org/10.18354/esam.70099
AMA
1.Demırhan H, Anwar W. Factors Affecting the Financial Performance of the Firms during the Financial Crisis: Evidence from Turkey. ESAM. 2014;5(2):65-80. doi:10.18354/esam.70099
Chicago
Demırhan, H.gökçehan, ve Waseem Anwar. 2014. “Factors Affecting the Financial Performance of the Firms during the Financial Crisis: Evidence from Turkey”. Ege Stratejik Araştırmalar Dergisi 5 (2): 65-80. https://doi.org/10.18354/esam.70099.
EndNote
Demırhan H, Anwar W (01 Temmuz 2014) Factors Affecting the Financial Performance of the Firms during the Financial Crisis: Evidence from Turkey. Ege Stratejik Araştırmalar Dergisi 5 2 65–80.
IEEE
[1]H. Demırhan ve W. Anwar, “Factors Affecting the Financial Performance of the Firms during the Financial Crisis: Evidence from Turkey”, ESAM, c. 5, sy 2, ss. 65–80, Tem. 2014, doi: 10.18354/esam.70099.
ISNAD
Demırhan, H.gökçehan - Anwar, Waseem. “Factors Affecting the Financial Performance of the Firms during the Financial Crisis: Evidence from Turkey”. Ege Stratejik Araştırmalar Dergisi 5/2 (01 Temmuz 2014): 65-80. https://doi.org/10.18354/esam.70099.
JAMA
1.Demırhan H, Anwar W. Factors Affecting the Financial Performance of the Firms during the Financial Crisis: Evidence from Turkey. ESAM. 2014;5:65–80.
MLA
Demırhan, H.gökçehan, ve Waseem Anwar. “Factors Affecting the Financial Performance of the Firms during the Financial Crisis: Evidence from Turkey”. Ege Stratejik Araştırmalar Dergisi, c. 5, sy 2, Temmuz 2014, ss. 65-80, doi:10.18354/esam.70099.
Vancouver
1.H.gökçehan Demırhan, Waseem Anwar. Factors Affecting the Financial Performance of the Firms during the Financial Crisis: Evidence from Turkey. ESAM. 01 Temmuz 2014;5(2):65-80. doi:10.18354/esam.70099

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