A RESEARCH ABOUT THE EFFECT OF THE STRATEGICAL FINANCIAL PLANNING OF THE COMPANIES IN LOGISTICS SECTOR IN TURKEY ON THE COMPANY GROWTH

Year 2017, , 114 - 122, 30.06.2017

Mustafa Yurttadur , Alp Simsek Muammer Unlu Serhan Cihan Seyma Araci

https://doi.org/10.17261/Pressacademia.2017.525

Abstract

The financial planning involves a part of the planning process, and the
planning helps to improve the profit, develop the decision making and even
decrease the number of it. The planning means to take the decisions which will
affect the future of the company by today. Since the future is indefinite, it
is also possible that the plans made are not realized. That’s why the future is
a moving target, and the reason of the planning is to achieve the goal of the
company. Logistics enterprises that actualize the financial planning
effectively can grow with ease. Because all the sources obtained are used most
effectively, and these actually used sources affect the company growth
positively. Revealing how the strategical financial planning of the enterprises
in the logistics sector in Turkey should be and how these financial plans
affect the company growth are the primary purposes of this study. For achieving
this purpose, the relations between literature and the terms are tried to be
supported by the major studies after being described the conditions that
generate the content of the survey. The hypothesizes of the research has begun to be developed by being created the theoretical
framework. Within this scope, firstly a research was actualized by a
questionnaire form to see at what level the strategical financial planning in
companies grows in comparison with the profitability of the company, company
growth, and the sector average. The data obtained were evaluated by the
statistical analysis then tested by the hypothesis as well.It is observed at
the end of the analysis that the strategical financial planning is essential to
empower the financing structure of the companies in the logistics sector and
being realized this planning correctly is directly associated with the correct
financial decisions.

Keywords

Financial planning, strategical financial planning, financial profitability, company growth, logistics sector

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