Journals / Journal of Yasar University / 2020 / Cilt: 15 - Sayı: 57

Entrepreneurial Finance in Turkey: A Comparison of German Entrepreneurial Index (GEX) with Borsa Istanbul Emerging Companies Market (ECM)

Türkiye'de Girişimcilik Finansmanı: Alman Girişimcilik Endeksi (GEX) ile Borsa İstanbul Gelişen İşletmeler Piyasasının (GİP) Karşılaştırılması

Pages
63–71
Publication Date
2022-10-19
DOI
—
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AI Summary & Key Takeaways

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

It is concluded that entrepreneurial indices help small and mid-sized companies to access external funding.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Small and medium-sized enterprises have many unique features that distinguish them from large businesses.
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Key Findings & Data:Because of these features, themanagement and financing of these companies also differ.
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Conclusion & Impact:It is concluded that entrepreneurial indices help small and mid-sized companies to access external funding.
🔬Design:Research Article
📍Scope:Comprehensive Sample
⚙️Variables:Domain Parameters

Abstract

Small and medium-sized enterprises have many unique features that distinguish them from large businesses. Because of these features, themanagement and financing of these companies also differ. Due to different financing sources and different financial management “EntrepreneurialFinance” has emerged and has addressed the financing decisions of entrepreneurs. This study attempts to explain the development of entrepreneurialfinancing in Turkey. It also discusses the emergence of new sources of funding, such as entrepreneurial indices created for small and medium-sizedenterprises. In addition, it compares the German Entrepreneurial Index with Borsa Istanbul Emerging Companies Market, and highlights common anddifferent aspects of these two indices. It is concluded that entrepreneurial indices help small and mid-sized companies to access external funding.

Özet

Küçük ve orta ölçekli işletmeleri büyük işletmelerden ayıran birçok özellik mevcuttur. Bu kendine has özellikler, küçük ve orta ölçekli işletmelerin yönetim ve finansmanını da farklılaştırmıştır. Finansmana erişim olanaklarında ve kurumsal yönetimde var olan bu farklılıklar sebebiyle “Girişimcilik Finansmanı” ortaya çıkmış ve girişimcilerin finansman kararlarını ele almıştır. Bu çalışma, Türkiye'de girişimcilik finansmanının gelişimini açıklamaya çalışmaktadır. Küçük ve orta ölçekli işletmeler için geliştirilen girişimcilik endeksleri gibi yeni finansman kaynaklarının ortaya çıkışı incelenmiştir. Ayrıca, Alman Girişimcilik Endeksi ile Borsa İstanbul Gelişen İşletmeler Piyasası karşılaştırılmış ve bu iki endeksin ortak ve farklı yönleri vurgulanmıştır. Girişimcilik endekslerinin küçük ve orta ölçekli firmaların dış finansmana erişimini kolaylaştırdığı sonucuna varılmıştır.

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Cite This Article

ÇATAK, Ç. (2022). Entrepreneurial Finance in Turkey: A Comparison of German Entrepreneurial Index (GEX) with Borsa Istanbul Emerging Companies Market (ECM). Journal of Yasar University, Cilt: 15 - Sayı: 57, 63–71. https://ajindex.com/articles/568820

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