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

Burcu ADİLOGLU; Nevzat GUNGOR; Goksel YUCEL

Makale detayları

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

Yazarlar:

Burcu ADİLOGLU | Nevzat GUNGOR | Goksel YUCEL

Yayıncı:

PressAcademia

Ana Başlıklar:

Sosyoloji & antropoloji

Dergi:

Journal of Economics Finance and Accounting 2018 Vol.5 Issue 3, pp.321-327

Belge Tipi:

Makale

Yayın Tarihi:

9/2018

Belge Dili:

İngilizce

Document ID (Org No.):

2000738682

Sıklık:

Üç Aylık

eISSN:

2148-6697

Özet:

 



Methodology- It focuses on
relationship between financial transparency and key financial ratios. In order
to reach this aim financial transparency and disclosure checklist is
established and companies are classified according to their transparency
levels. Using a sample of publicly traded companies from BIST 100 (excluding
finance sector) for the year 2016, Standard & Poor’s (S&P) methodology
is applied for assessment of financial transparency and disclosure (T&D)
levels based on their annual reports and websites.


Findings- The
results reveal that transparency level has statistical differences among the
group means of some key financial ratios. High
quality disclosure also means more
accountable and transparent companies for investors.   







Conclusion- The study also evaluates
the relationship between the firm-specific T&D scores and financial
performance of BIST 100 firms.  This paper sufficiently
contributes towards literature on financial disclosures. High
quality disclosure has significant influence on investors and lenders who must
assess risks and returns and decide where to place their money best, strengthen
the efficiency of capital allocation as well as offer the benefit of reducing
the costs of capital.

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Makale detayları

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

Yazarlar: Burcu ADİLOGLU | Nevzat GUNGOR | Goksel YUCEL

Yayıncı: PressAcademia

Ana Başlıklar: Sosyoloji & antropoloji

Dergi: Journal of Economics Finance and Accounting 2018 Vol.5 Issue 3, pp.321-327

Belge Tipi: Makale

Yayın Tarihi: 9/2018

Belge Dili: İngilizce

Document ID (Org No.): 2000738682

Sıklık: Üç Aylık

eISSN: 2148-6697

Sayı

Yazarlar:

Burcu ADİLOGLU | Nevzat GUNGOR | Goksel YUCEL

Yayıncı:

PressAcademia

Ana Başlıklar:

Sosyoloji & antropoloji

Dergi:

Journal of Economics Finance and Accounting 2018 Vol.5 Issue 3, pp.321-327

Belge Tipi:

Makale

Yayın Tarihi:

9/2018

Belge Dili:

İngilizce

Document ID (Org No.):

2000738682

Sıklık:

Üç Aylık

eISSN:

2148-6697