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Journals / Alanya Akademik Bakış / 2020 / Cilt: 4 - Sayı: 3

The Impact of Financial Structure on Export Performance: The Case of Manufacturing Sectors in Turkey

Nuran COŞKUN
Aslı YIKILMAZ ERKOL
Pages
963–974
Publication Date
2022-10-12
DOI
—
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AI Summary & Key Takeaways

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

Further, firms with larger sizes, higher return on equity tend to present higher export performance.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:A substantial amount of empirical research has explored the decisive role of var-ious external and internal forces on determining the sector export performance.
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Key Findings & Data:However, there are a few studies, considering financial structure as a determi-nant of export performance.
💡
Conclusion & Impact:Further, firms with larger sizes, higher return on equity tend to present higher export performance.
🔬Design:Research Article
📍Scope:2008 Verileri
⚙️Variables:Domain Parameters

Abstract

A substantial amount of empirical research has explored the decisive role of var-ious external and internal forces on determining the sector export performance. However, there are a few studies, considering financial structure as a determi-nant of export performance. This paper aims to provide a better understanding of the relationship between a set of financial variables and export performance in Turkey’s 24 manufacturing sectors for the period between 2008 and 2016. According to the panel EGLS results, short-term debt, bank loans, size, interest expenses and return on equity have a positive effect on export intensity in con-trast to the return on asset, current asset ratio and foreign exchange rate. Conse-quently, we find substantial evidence that more short term-debt and bank loans in the capital structure lead to an increase in export performance. Further, firms with larger sizes, higher return on equity tend to present higher export performance.

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Cite This Article

COŞKUN, N., ERKOL, A. Y. (2022). The Impact of Financial Structure on Export Performance: The Case of Manufacturing Sectors in Turkey. Alanya Akademik Bakış, Cilt: 4 - Sayı: 3, 963–974. https://ajindex.com/articles/434804

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