Regional Differences and Financial Ratios: A Comparative Approach on Companies of ISE City Indexes
This study aims to compare the regional differences by the financial ratios of 157 companies listed on Istanbul Stock Exchange (ISE), Turkey. In this respect, data of 157 companies are researched on the city indexes of Istanbul, Izmir, Kocaeli and Bursa. 16 ratios showing liquidity, financial stru...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
EconJournals
2014-10-01
|
| Series: | International Journal of Economics and Financial Issues |
| Online Access: | https://econjournals.com/index.php/ijefi/article/view/944 |
| _version_ | 1797921215075057664 |
|---|---|
| author | Ali DERAN Omer ISKENDEROGLU Incilay ERDURU |
| author_facet | Ali DERAN Omer ISKENDEROGLU Incilay ERDURU |
| author_sort | Ali DERAN |
| collection | DOAJ |
| description |
This study aims to compare the regional differences by the financial ratios of 157 companies listed on Istanbul Stock Exchange (ISE), Turkey. In this respect, data of 157 companies are researched on the city indexes of Istanbul, Izmir, Kocaeli and Bursa. 16 ratios showing liquidity, financial structure, turnover, profitability and stock market performance of the companies is calculated in the analysis for 2011 annually. Independent Sample t test and Mann-Whitney U Test are employed to reveal any significant difference in the companies operating in different regions. The result of the study varies on the compared regions. The differences also figure out that financial management differs among regions.
Keywords: financial ratio; regional difference; independent sample t test;mann-whitney u test
JEL Classifications: B26; L25; M41
|
| first_indexed | 2024-04-10T14:13:00Z |
| format | Article |
| id | doaj.art-2d019ddb40074f6fa5a96075eeb83260 |
| institution | Directory Open Access Journal |
| issn | 2146-4138 |
| language | English |
| last_indexed | 2024-04-10T14:13:00Z |
| publishDate | 2014-10-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Economics and Financial Issues |
| spelling | doaj.art-2d019ddb40074f6fa5a96075eeb832602023-02-15T16:09:39ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382014-10-0144Regional Differences and Financial Ratios: A Comparative Approach on Companies of ISE City IndexesAli DERANOmer ISKENDEROGLU0Incilay ERDURUNigde University, Nigde This study aims to compare the regional differences by the financial ratios of 157 companies listed on Istanbul Stock Exchange (ISE), Turkey. In this respect, data of 157 companies are researched on the city indexes of Istanbul, Izmir, Kocaeli and Bursa. 16 ratios showing liquidity, financial structure, turnover, profitability and stock market performance of the companies is calculated in the analysis for 2011 annually. Independent Sample t test and Mann-Whitney U Test are employed to reveal any significant difference in the companies operating in different regions. The result of the study varies on the compared regions. The differences also figure out that financial management differs among regions. Keywords: financial ratio; regional difference; independent sample t test;mann-whitney u test JEL Classifications: B26; L25; M41 https://econjournals.com/index.php/ijefi/article/view/944 |
| spellingShingle | Ali DERAN Omer ISKENDEROGLU Incilay ERDURU Regional Differences and Financial Ratios: A Comparative Approach on Companies of ISE City Indexes International Journal of Economics and Financial Issues |
| title | Regional Differences and Financial Ratios: A Comparative Approach on Companies of ISE City Indexes |
| title_full | Regional Differences and Financial Ratios: A Comparative Approach on Companies of ISE City Indexes |
| title_fullStr | Regional Differences and Financial Ratios: A Comparative Approach on Companies of ISE City Indexes |
| title_full_unstemmed | Regional Differences and Financial Ratios: A Comparative Approach on Companies of ISE City Indexes |
| title_short | Regional Differences and Financial Ratios: A Comparative Approach on Companies of ISE City Indexes |
| title_sort | regional differences and financial ratios a comparative approach on companies of ise city indexes |
| url | https://econjournals.com/index.php/ijefi/article/view/944 |
| work_keys_str_mv | AT alideran regionaldifferencesandfinancialratiosacomparativeapproachoncompaniesofisecityindexes AT omeriskenderoglu regionaldifferencesandfinancialratiosacomparativeapproachoncompaniesofisecityindexes AT incilayerduru regionaldifferencesandfinancialratiosacomparativeapproachoncompaniesofisecityindexes |