THE LINK BETWEEN FINANCIAL TRANSPARENCY AND KEY FINANCIAL RATIOS: A CASE FROM TURKEY

Abstract

Purpose- Since globalization movements in the capital markets change the information requirements expected from the financial statements to a great extent today, companies tend to provide more reliable, transparent and quality financial and non-financial information within the framework of corporate transparency. These trends also affect the financial reporting processes especially financial disclosures. The purpose of this study is to evaluate disclosures that are essential to an investor’s understanding and analysis of the economics underlying the information in financial reports.