The Effect of Mergers on Firm Performance: The Case of Turkish Insurance Company

Mehmet Zafer Taşcı; Murat Akbalık

Makale detayları

The Effect of Mergers on Firm Performance: The Case of Turkish Insurance Company

Yazarlar:

Mehmet Zafer Taşcı | Murat Akbalık

Yayıncı:

Dokuz Eylul University

Ana Başlıklar:

İşletme

Dergi:

İzmir İktisat Dergisi Vol.39 Issue 1, pp.80-99

Belge Tipi:

Makale

Yayın Tarihi:

2/2024

Belge Dili:

Türkçe

Document ID (Org No.):

2001311601

pISSN:

1308-8505

Anahtar kelimeler:

Özet:

 This article aims to examine the impact of mergers on company performance. For this purpose, pre- and post-merger firm performances were compared to determine the financial characteristics of the companies participating in the merger. In the study, the Turkish Insurance Company, which started its activities in the Turkish insurance sector in 2020 with the merger of Ziraat, Halk, and Güneş insurance companies, is discussed. The performance of insurance companies was evaluated on 9 criteria consisting of financial and sector-specific ratios. The data of the companies for the period 2018-2022 were analyzed with a hybrid model consisting of CRITIC and WEDBA methods. As a result of the analysis, when the average of the performance rankings of these companies before the merger is taken, it is seen that it is consistent with the post-merger performance ranking of Türkiye Sigorta. It can be said that Türkiye Sigorta did not experience a decrease in its performance after the merger and maintained its performance.

 This article aims to examine the impact of mergers on company performance. For this purpose, pre- and post-merger firm performances were compared to determine the financial characteristics of the companies participating in the merger. In the study, the Turkish Insurance Company, which started its activities in the Turkish insurance sector in 2020 with the merger of Ziraat, Halk, and Güneş insurance companies, is discussed. The performance of insurance companies was evaluated on 9 criteria consisting of financial and sector-specific ratios. The data of the companies for the period 2018-2022 were analyzed with a hybrid model consisting of CRITIC and WEDBA methods. As a result of the analysis, when the average of the performance rankings of these companies before the merger is taken, it is seen that it is consistent with the post-merger performance ranking of Türkiye Sigorta. It can be said that Türkiye Sigorta did not experience a decrease in its performance after the merger and maintained its performance.

 This article aims to examine the impact of mergers on company performance. For this purpose, pre- and post-merger firm performances were compared to determine the financial characteristics of the companies participating in the merger. In the study, the Turkish Insurance Company, which started its activities in the Turkish insurance sector in 2020 with the merger of Ziraat, Halk, and Güneş insurance companies, is discussed. The performance of insurance companies was evaluated on 9 criteria consisting of financial and sector-specific ratios. The data of the companies for the period 2018-2022 were analyzed with a hybrid model consisting of CRITIC and WEDBA methods. As a result of the analysis, when the average of the performance rankings of these companies before the merger is taken, it is seen that it is consistent with the post-merger performance ranking of Türkiye Sigorta. It can be said that Türkiye Sigorta did not experience a decrease in its performance after the merger and maintained its performance.

 Bu makale, birleşmelerin şirket performansı üzerindeki etkisini incelemeyi amaçlamaktadır. Bu amaçla birleşmeye katılan şirketlerin finansal özelliklerini belirlemek için birleşme öncesi ve sonrası firma performansları karşılaştırılmıştır. Çalışmada Türk sigorta sektöründe 2020 yılında Ziraat, Halk ve Güneş sigorta şirketlerinin birleşmesi ile faaliyet başlayan Türkiye Sigorta Şirketi ele alınmıştır. Sigorta şirketlerinin performansları finansal ve sektöre özgü oranlardan oluşan 9 kriter üzerinden değerlendirilmiştir. Şirketlere ait 2018-2022 dönemine ait veriler CRITIC ve WEDBA yöntemlerinden oluşan hibrit bir modelle analiz edilmiştir. Analiz sonucunda, birleşme öncesi söz konusu şirketlerin performans sıralamasının ortalaması alındığında Türkiye Sigortanın birleşme sonrası performans sıralaması ile tutarlı olduğu görülmektedir. Türkiye Sigortanın birleşme sonrası performans konusunda bir düşüş yaşamadığı performansı koruduğu söylenebilir.

Makale detayları

The Effect of Mergers on Firm Performance: The Case of Turkish Insurance Company

Yazarlar:

Mehmet Zafer Taşcı | Murat Akbalık

Yayıncı:

Dokuz Eylul University

Ana Başlıklar:

İşletme

Dergi:

İzmir İktisat Dergisi Vol.39 Issue 1, pp.80-99

Belge Tipi:

Makale

Yayın Tarihi:

2/2024

Belge Dili:

Türkçe

Document ID (Org No.):

2001311601

pISSN:

1308-8505

Acquisitions and Mergers

Firm Performance

Insurance Company

Multi-Criteria Decision MakingSatın Almalar ve birleşmeler

Firma Performansı

Sigorta Şirketi

Çok Kriterli Karar Verme

Sayı

Makale detayları

Yazarlar: Mehmet Zafer Taşcı | Murat Akbalık

Yayıncı: Dokuz Eylul University

Ana Başlıklar: İşletme

Dergi: İzmir İktisat Dergisi Vol.39 Issue 1, pp.80-99

Belge Tipi: Makale

Yayın Tarihi: 2/2024

Belge Dili: Türkçe

Document ID (Org No.): 2001311601

pISSN: 1308-8505

Sayı

Yazarlar:

Mehmet Zafer Taşcı | Murat Akbalık

Yayıncı:

Dokuz Eylul University

Ana Başlıklar:

İşletme

Dergi:

İzmir İktisat Dergisi Vol.39 Issue 1, pp.80-99

Belge Tipi:

Makale

Yayın Tarihi:

2/2024

Belge Dili:

Türkçe

Document ID (Org No.):

2001311601

pISSN:

1308-8505