Şirketlerin Hayatta Kalma Kabiliyetleri: İMKB Örneği (Survival Ability of Firms: The Case Of ISE)
The crisis taking place in the financial markets inevitably affects the reel sector. Survival of the firms during or after the crises is closely related to their debt structures and operational decisions. In this respect, consistency between debt/equity structures and operational decisions of the li...
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| Format: | Article |
| Language: | English |
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Dokuz Eylul University
2010-07-01
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| Series: | Dokuz Eylül Üniversitesi Sosyal Bilimler Enstitüsü Dergisi |
| Subjects: | |
| Online Access: | http://www.sbe.deu.edu.tr/dergi/cilt12.sayi3/alt%C4%B1n%20karabay%C4%B1r%20s%C3%BCsl%C3%BC.pdf |
| _version_ | 1828016953332072448 |
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| author | Hakan ALTIN Mehmet Emin KARABAYIR Cemil SÜSLÜ |
| author_facet | Hakan ALTIN Mehmet Emin KARABAYIR Cemil SÜSLÜ |
| author_sort | Hakan ALTIN |
| collection | DOAJ |
| description | The crisis taking place in the financial markets inevitably affects the reel sector. Survival of the firms during or after the crises is closely related to their debt structures and operational decisions. In this respect, consistency between debt/equity structures and operational decisions of the listed companies is crucial in terms of their survival-ability, particularly during the crisis periods.This paper examines survival ability of the 142 firms registered to the İstanbul Stock Exchange (ISE) Industrial Index both before and after the crisis. Constant returns to scale approach is used in the analysis. While the input variables used are related to the financial structures of the firms, the output variables refer to the operational structures of the firms. Of the 136 firms from the sample whose analyzable data was accessed, 18 are found to be relatively efficient before the crisis. The number of relatively efficient firms rises to 24 after the crisis. This situation leads to a conclusion that the firms registered to ISE Industrial Index are vulnerable in terms of debt management. |
| first_indexed | 2024-04-10T10:41:53Z |
| format | Article |
| id | doaj.art-1dac6c0ad19140b6b92b6c229e22ec4d |
| institution | Directory Open Access Journal |
| issn | 1302-3284 |
| language | English |
| last_indexed | 2024-04-10T10:41:53Z |
| publishDate | 2010-07-01 |
| publisher | Dokuz Eylul University |
| record_format | Article |
| series | Dokuz Eylül Üniversitesi Sosyal Bilimler Enstitüsü Dergisi |
| spelling | doaj.art-1dac6c0ad19140b6b92b6c229e22ec4d2023-02-15T16:20:31ZengDokuz Eylul UniversityDokuz Eylül Üniversitesi Sosyal Bilimler Enstitüsü Dergisi1302-32842010-07-011232135Şirketlerin Hayatta Kalma Kabiliyetleri: İMKB Örneği (Survival Ability of Firms: The Case Of ISE)Hakan ALTINMehmet Emin KARABAYIRCemil SÜSLÜThe crisis taking place in the financial markets inevitably affects the reel sector. Survival of the firms during or after the crises is closely related to their debt structures and operational decisions. In this respect, consistency between debt/equity structures and operational decisions of the listed companies is crucial in terms of their survival-ability, particularly during the crisis periods.This paper examines survival ability of the 142 firms registered to the İstanbul Stock Exchange (ISE) Industrial Index both before and after the crisis. Constant returns to scale approach is used in the analysis. While the input variables used are related to the financial structures of the firms, the output variables refer to the operational structures of the firms. Of the 136 firms from the sample whose analyzable data was accessed, 18 are found to be relatively efficient before the crisis. The number of relatively efficient firms rises to 24 after the crisis. This situation leads to a conclusion that the firms registered to ISE Industrial Index are vulnerable in terms of debt management.http://www.sbe.deu.edu.tr/dergi/cilt12.sayi3/alt%C4%B1n%20karabay%C4%B1r%20s%C3%BCsl%C3%BC.pdfSurvival AbilityFinancial LeverageFinancial DecisionsData Envelopment Analysis. |
| spellingShingle | Hakan ALTIN Mehmet Emin KARABAYIR Cemil SÜSLÜ Şirketlerin Hayatta Kalma Kabiliyetleri: İMKB Örneği (Survival Ability of Firms: The Case Of ISE) Dokuz Eylül Üniversitesi Sosyal Bilimler Enstitüsü Dergisi Survival Ability Financial Leverage Financial Decisions Data Envelopment Analysis. |
| title | Şirketlerin Hayatta Kalma Kabiliyetleri: İMKB Örneği (Survival Ability of Firms: The Case Of ISE) |
| title_full | Şirketlerin Hayatta Kalma Kabiliyetleri: İMKB Örneği (Survival Ability of Firms: The Case Of ISE) |
| title_fullStr | Şirketlerin Hayatta Kalma Kabiliyetleri: İMKB Örneği (Survival Ability of Firms: The Case Of ISE) |
| title_full_unstemmed | Şirketlerin Hayatta Kalma Kabiliyetleri: İMKB Örneği (Survival Ability of Firms: The Case Of ISE) |
| title_short | Şirketlerin Hayatta Kalma Kabiliyetleri: İMKB Örneği (Survival Ability of Firms: The Case Of ISE) |
| title_sort | sirketlerin hayatta kalma kabiliyetleri imkb ornegi survival ability of firms the case of ise |
| topic | Survival Ability Financial Leverage Financial Decisions Data Envelopment Analysis. |
| url | http://www.sbe.deu.edu.tr/dergi/cilt12.sayi3/alt%C4%B1n%20karabay%C4%B1r%20s%C3%BCsl%C3%BC.pdf |
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