ANALYSIS OF FINANCIAL EFFICIENCY OF THE COMPANIES OPERATING IN THE BIST SUSTAINABILITY INDEX

Ibrahim Erem Sahin; Ali Akgun

doi:https://doi.org/10.17261/pressacademia.2016.349

Makale detayları

ANALYSIS OF FINANCIAL EFFICIENCY OF THE COMPANIES OPERATING IN THE BIST SUSTAINABILITY INDEX

Yazarlar:

Ibrahim Erem Sahin | Ali Akgun

Yayıncı:

PressAcademia

Ana Başlıklar:

Sosyoloji & antropoloji

Dergi:

Journal of Economics Finance and Accounting 2016 Vol.3 Issue 4, pp.355-369

Belge Tipi:

Makale

Yayın Tarihi:

12/2016

Belge Dili:

Türkçe

Document ID (Org No.):

2000738907

Sıklık:

Üç Aylık

eISSN:

2148-6697

DOI:

https://doi.org/10.17261/pressacademia.2016.349

Özet:

 


The purpose of this study is to measure the financial
efficiencies of the firms which are constituent of BIST Sustainability Index
and determine whether they have made progress in a year-by-year process or not.
In this context, using the continuous financial data between the years 2012 and
2015 of 18 firms which are belonging to BIST Sustainability Index, financial
efficiencies of the firms were measured through the Data Enveloping Analysis
and whether or not there was progress in their financial efficiency on a yearly
basis was investigated using the Malmquist Total Factor Productivity Index.
Current Ratio, Accounts Receivable Turnover, Inventory Turnover, Total Debt to
Assets Ratio and Equity to Assets Ratio were used as input and Net Profit
Margin, Return on Asset Ratio and Return on Equity Ratio were used as output
for the measurement of financial efficiency. According to the results,
financial efficiency levels of the firms increased 10,8% in 2013 compared to
previous year. Although the financial efficiency of the firms exhibited a
slight drop in 2014 compared to previous year, values of the financial
efficiency was approximately as same as values of 2013 in 2015. 


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Makale detayları

ANALYSIS OF FINANCIAL EFFICIENCY OF THE COMPANIES OPERATING IN THE BIST SUSTAINABILITY INDEX

Yazarlar: Ibrahim Erem Sahin | Ali Akgun

Yayıncı: PressAcademia

Ana Başlıklar: Sosyoloji & antropoloji

Dergi: Journal of Economics Finance and Accounting 2016 Vol.3 Issue 4, pp.355-369

Belge Tipi: Makale

Yayın Tarihi: 12/2016

Belge Dili: Türkçe

Document ID (Org No.): 2000738907

Sıklık: Üç Aylık

eISSN: 2148-6697

DOI: https://doi.org/10.17261/pressacademia.2016.349

Sayı

Yazarlar:

Ibrahim Erem Sahin | Ali Akgun

Yayıncı:

PressAcademia

Ana Başlıklar:

Sosyoloji & antropoloji

Dergi:

Journal of Economics Finance and Accounting 2016 Vol.3 Issue 4, pp.355-369

Belge Tipi:

Makale

Yayın Tarihi:

12/2016

Belge Dili:

Türkçe

Document ID (Org No.):

2000738907

Sıklık:

Üç Aylık

eISSN:

2148-6697

DOI:

https://doi.org/10.17261/pressacademia.2016.349