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Dergiler / Uşak Üniversitesi Sosyal Bilimler Dergisi / 2020 / Cilt: 13 - Sayı: 2

EFFECT OF INVESTMENT AND FİNANCİNG DECİSİONS ON FİRM VALUE; EXAMPLE OF BIST INDUSTRİAL INDEX

Emine KARAÇAYIR
Aslı AFŞAR
Sayfa
13–24
Yayın Tarihi
2020-12-31
DOI
—
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⚡ TL;DR(1 Cümlede Hızlı Çıkarım)

In addition, it was concluded that the effects of the receivable turnover rate and firm size variables on the firm value are meaningless.

📌 3 Maddede Bu Makale

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Amaç & Hipotez:The purpose of this study is to investigate the effect of investment and financing decisions on firm value.
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Temel Bulgular & Veri:Investment and financing decisions and the impact of the 2008 global crisis on the firm value were tested for 100 firms operating in the Borsa Istanbul Industrial Index, using the annual data for the period 2003-2018 and the fixed effects panel data method.
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Sonuç & Katkı:In addition, it was concluded that the effects of the receivable turnover rate and firm size variables on the firm value are meaningless.
🔬Tür:Araştırma Makalesi
📍Kapsam:2008 Verileri
⚙️Değişkenler:Firm value · investment decisions · financing decisions

Özet

The purpose of this study is to investigate the effect of investment and financing decisions on firm value. Productivity and profitability ratios representing investment decisions, leverage ratio and current ratio representing financial decisions, firms representing firm value were chosen as the last trading day share values. Investment and financing decisions and the impact of the 2008 global crisis on the firm value were tested for 100 firms operating in the Borsa Istanbul Industrial Index, using the annual data for the period 2003-2018 and the fixed effects panel data method. According to empirical findings, asset turnover rate, return on assets, intangible assets, current ratio and profit per share variables positively and significantly affect firm value. Leverage ratio, debt turnover rate, stock turnover rate and crisis variable affect the firm value negatively and significantly. In addition, it was concluded that the effects of the receivable turnover rate and firm size variables on the firm value are meaningless.

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Bu Makaleye Atıf Yap

KARAÇAYIR, E., AFŞAR, A. (2020). EFFECT OF INVESTMENT AND FİNANCİNG DECİSİONS ON FİRM VALUE; EXAMPLE OF BIST INDUSTRİAL INDEX. Uşak Üniversitesi Sosyal Bilimler Dergisi, Cilt: 13 - Sayı: 2, 13–24. https://ajindex.com/articles/820427

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Kaynakça (10)

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