Araştırma Makalesi

The Effect of Kahramanmaras Earthquakes on Financial Performance: An Application in Companies Located in the Earthquake Area

Cilt: 19 Sayı: 3 1 Aralık 2024
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The Effect of Kahramanmaras Earthquakes on Financial Performance: An Application in Companies Located in the Earthquake Area

Öz

The aim of this study is to examine the impact of the earthquakes that occurred on February 6, 2023, in Kahramanmaras on the financial performance of companies located in the earthquake area and whose stocks are traded on the BIST using Lopcow-based Cobra method. Within the scope of the study Firstly, the financial data of these companies were weighted using the Lopcow method. Subsequently, the Cobra method was employed to rank the financial performance of the relevant companies. According to the ranking results of the Cobra method, it was observed that ARSAN had the best relative financial performance in the 2022Q1 period, SANKO in the periods 2022Q2-2022Q4, and ISDMR in the periods 2023Q1-2023Q3.

Anahtar Kelimeler

Etik Beyan

This study has been prepared in accordance with scientific research and publication ethics rules.

Kaynakça

  1. Açıkgöz, T. (2021), "Investigation of cash flow profiles of manufacturing sector and comparison of financial performances with TOPSIS method", The Journal of Accounting and Finance, Vol.15, No. 90: 127-148.
  2. AFAD. (2023). 06 Şubat 2023 Pazarcık-Elbistan Kahramanmaras (Mw: 7.7- 7.6) Earthquakes Report. Ankara: AFAD.
  3. Akbulut, O. Y., & Hepşen, A. (2021), "Analysis of the relationship between financial performance and stock return with entropy and CoCoSo MCDM techniques", Journal of Research in Economics, Politics & Finance, Vol.6, No. 3: 681-709.
  4. Alnıpak, S., & Kale, S. (2021), "The effects of the Covid-19 pandemic on the financial performance of the transport sector", Journal of Economic Policy and Finance Research, Vol.6, No. Special Issue: 139-156.
  5. Atabay, E., & Kamilçelebi Öztürk, A. (2023), "The effect of earthquakes on the financial situation of companies: 2023 earthquake based on the 1999 and 2011 Earthquakes", (Ed. S. Sarıbaş, & T. Akkuş), Innovative Studies in Social, Human and Administrative Sciences, İzmir: Duvar Publications: 1208-1243.
  6. Baydaş, M., & Eren, T. (2021), "A different approach to the selection of MCDM method for financial performance measurement: an application in Borsa Istanbul", Eskisehir Osmangazi University Journal of Economics and Administrative Sciences, Vol.16, No. 3: 687.
  7. Ecer, F., & Pamucar, D. (2022), "A novel LOPCOW-DOBI multi-criteria sustainability performance assessment methodology: An application in developing country banking sector", Omega, Vol. 112, 1-17.
  8. Ecer, F., Küçükönder, H., Kayapınar Kaya, S., & Görçün, Ö. F. (2023), "Sustainability performance analysis of micro-mobility solutions in urban transportation with a novel IVFNN-Delphi-LOPCOW-CoCoSo framework", Transportation Research Part A, Vol. 172, 1-20.

Ayrıntılar

Birincil Dil

İngilizce

Konular

Finans

Bölüm

Araştırma Makalesi

Yayımlanma Tarihi

1 Aralık 2024

Gönderilme Tarihi

15 Ocak 2024

Kabul Tarihi

23 Şubat 2024

Yayımlandığı Sayı

Yıl 2024 Cilt: 19 Sayı: 3

Kaynak Göster

APA
Asker, V. (2024). The Effect of Kahramanmaras Earthquakes on Financial Performance: An Application in Companies Located in the Earthquake Area. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi, 19(3), 713-725. https://doi.org/10.17153/oguiibf.1420199
AMA
1.Asker V. The Effect of Kahramanmaras Earthquakes on Financial Performance: An Application in Companies Located in the Earthquake Area. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi. 2024;19(3):713-725. doi:10.17153/oguiibf.1420199
Chicago
Asker, Veysi. 2024. “The Effect of Kahramanmaras Earthquakes on Financial Performance: An Application in Companies Located in the Earthquake Area”. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi 19 (3): 713-25. https://doi.org/10.17153/oguiibf.1420199.
EndNote
Asker V (01 Aralık 2024) The Effect of Kahramanmaras Earthquakes on Financial Performance: An Application in Companies Located in the Earthquake Area. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi 19 3 713–725.
IEEE
[1]V. Asker, “The Effect of Kahramanmaras Earthquakes on Financial Performance: An Application in Companies Located in the Earthquake Area”, Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi, c. 19, sy 3, ss. 713–725, Ara. 2024, doi: 10.17153/oguiibf.1420199.
ISNAD
Asker, Veysi. “The Effect of Kahramanmaras Earthquakes on Financial Performance: An Application in Companies Located in the Earthquake Area”. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi 19/3 (01 Aralık 2024): 713-725. https://doi.org/10.17153/oguiibf.1420199.
JAMA
1.Asker V. The Effect of Kahramanmaras Earthquakes on Financial Performance: An Application in Companies Located in the Earthquake Area. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi. 2024;19:713–725.
MLA
Asker, Veysi. “The Effect of Kahramanmaras Earthquakes on Financial Performance: An Application in Companies Located in the Earthquake Area”. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi, c. 19, sy 3, Aralık 2024, ss. 713-25, doi:10.17153/oguiibf.1420199.
Vancouver
1.Veysi Asker. The Effect of Kahramanmaras Earthquakes on Financial Performance: An Application in Companies Located in the Earthquake Area. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi. 01 Aralık 2024;19(3):713-25. doi:10.17153/oguiibf.1420199

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