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Journals / Erciyes Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi / 2018 / Sayı: 52

Risk Reporting in Bist Manufacturing Sector

Bist İmalat Sektörü İşletmelerinde Risk Raporlama

Filiz ÖZŞAHİN KOÇ
Azzem ÖZKAN
Pages
17–46
Publication Date
2018-12-28
DOI
—
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

According to the results of the analysis, it has been revealed that business size and board structure have significant and positive impacts on risk disclosures.

📌 3 Key Takeaways

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Objective & Hypothesis:Risk reporting is the disclosure of information about the current and potential risks of the business to the persons and entities related in the business.
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Key Findings & Data:For this purpose, 122 firms traded in the Istanbul Stock Exchange (BIST) was examined for the period 2013-2015.The data are compiled from Public Disclosure Platform, company's web pages, firm’s annual reports, the financial statements footnotes and explanations and the corporate governance compliance reports, from the web page www.isinvestment.com and the DataStream database.
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Conclusion & Impact:According to the results of the analysis, it has been revealed that business size and board structure have significant and positive impacts on risk disclosures.
🔬Design:Research Article
📍Scope:2013-2015 Verileri
⚙️Variables:Risk · Risk Yönetimi · Risk Raporlaması

Abstract

Risk reporting is the disclosure of information about the current and potential risks of the business to the persons and entities related in the business. It is important for companies to report practices in order to earn the trust of investors. The aim of this work is to determine firm level determinants of risk reporting. For this purpose, 122 firms traded in the Istanbul Stock Exchange (BIST) was examined for the period 2013-2015.The data are compiled from Public Disclosure Platform, company's web pages, firm’s annual reports, the financial statements footnotes and explanations and the corporate governance compliance reports, from the web page www.isinvestment.com and the DataStream database. In the study, the relationship among business size, performance, risk level, foreign share, free float ratio, shareholder structure and corporate governance features and risk explanations are examined. According to the results of the analysis, it has been revealed that business size and board structure have significant and positive impacts on risk disclosures. However, it has been determined that there is no significant relationship between business performance, firm risk level and ownership structure of the company and risk disclosures and it does not affect risk disclosures.

Özet

Risk raporlama, işletmelerin mevcut ve potansiyel riskleri ile ilgili bilgilerin işletmeyle ilgili kişi ve kurumlara ilan edilmesidir. Yatırımcıların güveninin kazanılması için şirketlerin raporlama uygulamaları önemlidir. Bu kapsamda çalışma, risk raporlamanın işletme düzeyinde belirleyicilerini tespit etmeyi amaçlamaktadır. Bu amaç doğrultusunda Borsa İstanbul’da (BİST) işlem gören 122 adet şirketin 2013-2015 yılları arasındaki verileri incelenmiştir. Şirketlere ilişkin veriler Kamuyu Aydınlatma Platformundan, şirketlerin web sayfalarında yayınladıkları faaliyet raporları, finansal tablo dipnot ve açıklamaları ile kurumsal yönetim uyum raporlarından, www.isyatirim.com.tr web sayfasından ve datastream veri tabanından elde edilmiştir. Çalışmada işletme büyüklüğü, performansı, risk düzeyi, yabancı payı, halka açıklık oranı, ortaklık yapısı ve kurumsal yönetim özellikleri ile risk açıklamaları arasındaki ilişkiler incelenmiştir. Analiz sonuçlarına göre, işletme büyüklüğünün ve yönetim kurulu yapısının risk açıklamaları üzerinde anlamlı ve pozitif bir etkisi olduğu tespit edilmiştir. Bununla birlikte işletme performansı, risk düzeyi ve işletmenin sahiplik yapısı ile risk açıklamaları arasında anlamlı bir ilişki olmadığı ve risk açıklamalarını etkilemediği belirlenmiştir.

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Cite This Article

KOÇ, F. Ö., ÖZKAN, A. (2018). Risk Reporting in Bist Manufacturing Sector. Erciyes Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, Sayı: 52, 17–46. https://ajindex.com/articles/119001

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