Economic Impact on Financial Ratios of Food Industry at Istanbul Stock Exchange Listed Firms

Metin ATMACA; Engin DEMİREL

Makale detayları

Economic Impact on Financial Ratios of Food Industry at Istanbul Stock Exchange Listed Firms

Yazarlar:

Metin ATMACA | Engin DEMİREL

Yayıncı:

İlhan ÖZTÜRK

Dergi:

International Journal of Economics and Financial Issues 2017 Vol.7 Issue 3, pp.537-541

Belge Tipi:

Makale

Yayın Tarihi:

8/2017

Belge Dili:

Türkçe

Document ID (Org No.):

2000811697

Sıklık:

İki Aylık

eISSN:

2146-4138

Özet:

 

In this study, 22 food and beverage sector companies traded on the Istanbul Stock Exchange were selected as scope for the period 2008-2015. This research aims to investigate the relation between firm’s financial ratios and selected macroeconomic indicators which are income, poverty, and Gini coefficient value. Time series of financial ratios are obtained from firm’s financial statements. We show that as an economic indicator poverty levels and minimum wage has a significant relation on firm’s financial ratios which are cash ratio, sales profitability ratio, and net working capital ratio. This research found that only poverty level and minimum wage has a positive impact on cash and working capital financial ratios and negative impact on sales profitability ratios of listed firms.

Makale detayları

Economic Impact on Financial Ratios of Food Industry at Istanbul Stock Exchange Listed Firms

Yazarlar: Metin ATMACA | Engin DEMİREL

Yayıncı: İlhan ÖZTÜRK

Dergi: International Journal of Economics and Financial Issues 2017 Vol.7 Issue 3, pp.537-541

Belge Tipi: Makale

Yayın Tarihi: 8/2017

Belge Dili: Türkçe

Document ID (Org No.): 2000811697

Sıklık: İki Aylık

eISSN: 2146-4138

Sayı

Yazarlar:

Metin ATMACA | Engin DEMİREL

Yayıncı:

İlhan ÖZTÜRK

Dergi:

International Journal of Economics and Financial Issues 2017 Vol.7 Issue 3, pp.537-541

Belge Tipi:

Makale

Yayın Tarihi:

8/2017

Belge Dili:

Türkçe

Document ID (Org No.):

2000811697

Sıklık:

İki Aylık

eISSN:

2146-4138