SAHİPLİK YAPISININ KAR DAĞITIM KARARLARINA ETKİSİ: PANEL TOBİT YÖNTEMİYLE BİR ANALİZ

Koray Özvar; Ersan Ersoy

doi:10.14784/marufacd.346196

SAHİPLİK YAPISININ KAR DAĞITIM KARARLARINA ETKİSİ: PANEL TOBİT YÖNTEMİYLE BİR ANALİZ

Öz

Bu çalışmanın amacı sahiplik yapısındaki farklılıkların kar dağıtım kararları üzerine etkisini araştırmaktır.
Çalışmada Borsa İstanbul’a kote 142 imalat sanayi şirketinin 2009-2014 dönemine ait verilerinden
faydalanılmıştır. Analizlerde Rassal Etkili Panel Tobit yöntemi kullanılmıştır. Çalışmada, Rozeff (1982), Easterbrook
(1984) ve Jensen’in (1986) yaklaşımıyla uyumlu olarak sahiplik yoğunlaşması ile kar payı dağıtım
oranı arasında pozitif yönlü bir ilişki bulunmuştur. Ayrıca yabancı sahipliğin varlığı kar payı dağıtım oranını
pozitif yönde etkilerden, halka açıklık oranının negatif yönde etkilediği tespit edilmiştir. Aile sahipliğinin
ise kar payı dağıtım oranı üzerinde istatistiksel olarak anlamlı bir etkisinin olmadığı görülmüştür. Firmalarda
karlılık oranının artması, borçlanma düzeyinin ise düşmesi kar payı dağıtım oranını yükseltmektedir.
Bu sonuçlardan yola çıkarak, sahiplik yapısının kar dağıtım politikasını etkilediği söylenebilir.

Anahtar Kelimeler

Sahiplik Yapısı,Mülkiyet Yapısı,Temettü Politikası,Kar Dağıtım Politikası,Sahiplik Yoğunlaşması,Yabancı Sahiplik,Aile Sahipliği

Kaynakça

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Ayrıntılar

Birincil Dil

Türkçe

Konular

-

Bölüm

Araştırma Makalesi

Yazarlar

Koray Özvar Bu kişi benim

Ersan Ersoy

Yayımlanma Tarihi

1 Temmuz 2017

Gönderilme Tarihi

10 Nisan 2017

Kabul Tarihi

-

Yayımlandığı Sayı

Yıl 1970 Cilt: 9 Sayı: 17

DOI

https://doi.org/10.14784/marufacd.346196

IZ

https://izlik.org/JA29JW79JX

Kaynak Göster

RIS / Bibtex

APA

Özvar, K., & Ersoy, E. (2017). SAHİPLİK YAPISININ KAR DAĞITIM KARARLARINA ETKİSİ: PANEL TOBİT YÖNTEMİYLE BİR ANALİZ. Finansal Araştırmalar ve Çalışmalar Dergisi, 9(17), 129-147. https://doi.org/10.14784/marufacd.346196

SAHİPLİK YAPISININ KAR DAĞITIM KARARLARINA ETKİSİ: PANEL TOBİT YÖNTEMİYLE BİR ANALİZ

SAHİPLİK YAPISININ KAR DAĞITIM KARARLARINA ETKİSİ: PANEL TOBİT YÖNTEMİYLE BİR ANALİZ

Öz

Anahtar Kelimeler

Kaynakça

Ayrıntılar

Birincil Dil

Konular

Bölüm

Yazarlar

Yayımlanma Tarihi

Gönderilme Tarihi

Kabul Tarihi

Yayımlandığı Sayı

DOI

IZ

Kaynak Göster

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