BUSINESS PERFORMANCE AND FINANCIAL PERFORMANCE MEASUREMENT UNDER THE INFLUENCE OF FINANCIAL CONTAGION: AN APPLICATION IN AN IRON-STEEL INDUSTRY OPERATION

Ümit Remzi Ergün; Elif Bulut

Makale detayları

BUSINESS PERFORMANCE AND FINANCIAL PERFORMANCE MEASUREMENT UNDER THE INFLUENCE OF FINANCIAL CONTAGION: AN APPLICATION IN AN IRON-STEEL INDUSTRY OPERATION

Yazarlar:

Ümit Remzi Ergün | Elif Bulut

Yayıncı:

Süleyman Demirel University

Ana Başlıklar:

Ekonometrik ve İstatistiksel Yöntemler | Sanayi Ekonomisi | Kriz ve Konu Yönetimi

Dergi:

Süleyman Demirel Üniversitesi Sosyal Bilimler Enstitüsü Dergisi Issue 49, pp.1-44

Belge Tipi:

Makale

Yayın Tarihi:

8/2024

Belge Dili:

Türkçe

Document ID (Org No.):

2001326162

pISSN:

1304-6373

Anahtar kelimeler:

Özet:

 The performance of the iron and steel sector, which is considered as the locomotive power in the industrialization processes of countries, is among the important indicators for economic development. The iron and steel sector is intensely related to the concepts of internationalization in trade, market economy and globalization. This intensive relationship makes the sector more sensitive to price fluctuations, economic shocks and economic crises. The financial and commercial advantages provided by joint stock companies operating in national economies and the reasons for this advantage are among the main issues that need to be examined. For this reason, in this study, the iron and steel enterprise, which has the title of a factory that builds factories, is analyzed in the 2018-2022 financial contagion effect period. The enterprise was evaluated separately as financial performance and operating performance. MEREC and COBRA methods, which are multi-criteria decision-making techniques, were utilized in the study. According to both performance studies, it was found that the company had the best performance in 2021. Considering the relationship and parallelism between the concepts of business performance and financial performance, the results obtained support this situation. The study concluded that the company was able to maintain its operational and economic efficiency under the impact of financial contagion.

 The performance of the iron and steel sector, which is considered as the locomotive power in the industrialization processes of countries, is among the important indicators for economic development. The iron and steel sector is intensely related to the concepts of internationalization in trade, market economy and globalization. This intensive relationship makes the sector more sensitive to price fluctuations, economic shocks and economic crises. The financial and commercial advantages provided by joint stock companies operating in national economies and the reasons for this advantage are among the main issues that need to be examined. For this reason, in this study, the iron and steel enterprise, which has the title of a factory that builds factories, is analyzed in the 2018-2022 financial contagion effect period. The enterprise was evaluated separately as financial performance and operating performance. MEREC and COBRA methods, which are multi-criteria decision-making techniques, were utilized in the study. According to both performance studies, it was found that the company had the best performance in 2021. Considering the relationship and parallelism between the concepts of business performance and financial performance, the results obtained support this situation. The study concluded that the company was able to maintain its operational and economic efficiency under the impact of financial contagion.

 The performance of the iron and steel sector, which is considered as the locomotive power in the industrialization processes of countries, is among the important indicators for economic development. The iron and steel sector is intensely related to the concepts of internationalization in trade, market economy and globalization. This intensive relationship makes the sector more sensitive to price fluctuations, economic shocks and economic crises. The financial and commercial advantages provided by joint stock companies operating in national economies and the reasons for this advantage are among the main issues that need to be examined. For this reason, in this study, the iron and steel enterprise, which has the title of a factory that builds factories, is analyzed in the 2018-2022 financial contagion effect period. The enterprise was evaluated separately as financial performance and operating performance. MEREC and COBRA methods, which are multi-criteria decision-making techniques, were utilized in the study. According to both performance studies, it was found that the company had the best performance in 2021. Considering the relationship and parallelism between the concepts of business performance and financial performance, the results obtained support this situation. The study concluded that the company was able to maintain its operational and economic efficiency under the impact of financial contagion.

 Ülkelerin sanayileşme süreçlerinde lokomotif güç kabul edilen demir çelik sektörünün sergilediği performans ekonomik gelişme açısından önemli göstergeler arasında yer almaktadır. Demir çelik sektörü ticarette uluslararasılaşma, pazar ekonomisi ve küreselleşme kavramlarıyla yoğun ilişki içerisindedir. Bu yoğun ilişki sektörü fiyat dalgalanmaları, iktisadi şoklar ve ekonomik krizler karşısında daha duyarlı hale getirmektedir. Ülke ekonomileri içerisinde faaliyet gösteren anonim şirketlerin sağladığı finansal ve ticarî üstünlükler ve bu üstünlüğün nedenleri başlıca incelenmesi gereken konular arasında yer almaktadır. Bu nedenle çalışmada fabrikalar kuran fabrika unvanına sahip demir çelik işletmesi 2018-2022 finansal bulaşma etkisi döneminde incelemeye alınmıştır. İşletme, finansal performans ve işletme performansı olarak ayrı ayrı değerlendirilmiştir. Çalışmada çok kriterli karar verme tekniklerinden MEREC ve COBRA yöntemlerinden faydalanılmıştır. Her iki performans araştırmasına göre işletmenin 2021 yılında en iyi performansa sahip olduğu bulgusu elde edilmiştir. İşletme performansı ve finansal performans kavramlarının birbiri ile ilişkisi ve paralellik göstermesi dikkate alındığında elde edilen sonuçların da bu durumu desteklediği görülmüştür. Çalışmada işletmenin finansal bulaşma etkisi altında operasyonel ve ekonomik verimliliğini koruyabildiği sonucuna ulaşılmıştır.

Makale detayları

BUSINESS PERFORMANCE AND FINANCIAL PERFORMANCE MEASUREMENT UNDER THE INFLUENCE OF FINANCIAL CONTAGION: AN APPLICATION IN AN IRON-STEEL INDUSTRY OPERATION

Yazarlar:

Ümit Remzi Ergün | Elif Bulut

Yayıncı:

Süleyman Demirel University

Ana Başlıklar:

Ekonometrik ve İstatistiksel Yöntemler | Sanayi Ekonomisi | Kriz ve Konu Yönetimi

Dergi:

Süleyman Demirel Üniversitesi Sosyal Bilimler Enstitüsü Dergisi Issue 49, pp.1-44

Belge Tipi:

Makale

Yayın Tarihi:

8/2024

Belge Dili:

Türkçe

Document ID (Org No.):

2001326162

pISSN:

1304-6373

Iron and Steel

Business Performance

Financial Performance

MEREC

COBRADemir Çelik

İşletme Performansı

Finansal Performans

MEREC

COBRA

Sayı

Makale detayları

Yazarlar: Ümit Remzi Ergün | Elif Bulut

Yayıncı: Süleyman Demirel University

Ana Başlıklar: Ekonometrik ve İstatistiksel Yöntemler | Sanayi Ekonomisi | Kriz ve Konu Yönetimi

Dergi: Süleyman Demirel Üniversitesi Sosyal Bilimler Enstitüsü Dergisi Issue 49, pp.1-44

Belge Tipi: Makale

Yayın Tarihi: 8/2024

Belge Dili: Türkçe

Document ID (Org No.): 2001326162

pISSN: 1304-6373

Sayı

Yazarlar:

Ümit Remzi Ergün | Elif Bulut

Yayıncı:

Süleyman Demirel University

Ana Başlıklar:

Ekonometrik ve İstatistiksel Yöntemler | Sanayi Ekonomisi | Kriz ve Konu Yönetimi

Dergi:

Süleyman Demirel Üniversitesi Sosyal Bilimler Enstitüsü Dergisi Issue 49, pp.1-44

Belge Tipi:

Makale

Yayın Tarihi:

8/2024

Belge Dili:

Türkçe

Document ID (Org No.):

2001326162

pISSN:

1304-6373