THE EFFECTS OF 2008 GLOBAL ECONOMIC CRISIS ON BORROWING RATES OF MANUFACTURING COMPANIES: PRE-CRISIS AND CRISIS COMPARISON

Berna DÖMBEKCİ

Makale detayları

THE EFFECTS OF 2008 GLOBAL ECONOMIC CRISIS ON BORROWING RATES OF MANUFACTURING COMPANIES: PRE-CRISIS AND CRISIS COMPARISON

Yazarlar:

Berna DÖMBEKCİ

Yayıncı:

Marmara University

Dergi:

The Journal of Financial Researches and Studies 2014 Vol.5 Issue 10

Belge Tipi:

Makale

Yayın Tarihi:

6/2014

Belge Dili:

Türkçe

Document ID (Org No.):

2000436256

eISSN:

2529-0029

pISSN:

1309-1123

Özet:

 

The global economic crisis of 2008 has affected more or less every country. Governments have to take special precautions to ease the severe effects of the crisis in their financial and real sectors. The interest rate is an important indicator of economic stability and should be maintained at a level where the economic agents do not decide to postpone their growth plans. For this reason, this article will focus on the effects of the 2008 global economic crisis on the borrowing rates of Turkish manufacturing companies listed at the Bourse Istanbul (BIST) from a pre-crisis and crisis perspective. These effects are studied according to firm classifications based on age and cash holding behavior.

 


The global economic crisis of 2008 has affected more or less every country. Governments have to take special precautions to ease the severe effects of the crisis in their financial and real sectors. The interest rate is an important indicator of economic stability and should be maintained at a level where the economic agents do not decide to postpone their growth plans. For this reason, this article will focus on the effects of the 2008 global economic crisis on the borrowing rates of Turkish manufacturing companies listed at the Bourse Istanbul (BIST) from a pre-crisis and crisis perspective. These effects are studied according to firm classifications based on age and cash holding behavior.

Keywords: crisis, manufacturing companies, borrowing rates, cash holding 

.

Makale detayları

THE EFFECTS OF 2008 GLOBAL ECONOMIC CRISIS ON BORROWING RATES OF MANUFACTURING COMPANIES: PRE-CRISIS AND CRISIS COMPARISON

Yazarlar: Berna DÖMBEKCİ

Yayıncı: Marmara University

Dergi: The Journal of Financial Researches and Studies 2014 Vol.5 Issue 10

Belge Tipi: Makale

Yayın Tarihi: 6/2014

Belge Dili: Türkçe

Document ID (Org No.): 2000436256

eISSN: 2529-0029

pISSN: 1309-1123

Sayı

Yazarlar:

Berna DÖMBEKCİ

Yayıncı:

Marmara University

Dergi:

The Journal of Financial Researches and Studies 2014 Vol.5 Issue 10

Belge Tipi:

Makale

Yayın Tarihi:

6/2014

Belge Dili:

Türkçe

Document ID (Org No.):

2000436256

eISSN:

2529-0029

pISSN:

1309-1123