Impact of Ownership Concentration on Capital Structures: A Case of Turkish Banking Sector
This study aims to determine the effects of the listed deposit banks’ ownership concentration on capital structures. In this context; ten deposit banks listed on Borsa Istanbul have been evaluated for the period of 2005-2015 and panel data analysis has been used. As the ownership structure variables...
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Format: | Article |
Language: | Turkish |
Published: |
Usak University
2018-07-01
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Series: | Optimum Ekonomi ve Yönetim Bilimleri Dergisi |
Subjects: | |
Online Access: | http://dergipark.gov.tr/download/article-file/498183 |
Summary: | This study aims to determine the effects of the listed deposit banks’ ownership concentration on capital structures. In this context; ten deposit banks listed on Borsa Istanbul have been evaluated for the period of 2005-2015 and panel data analysis has been used. As the ownership structure variables; major shareholders and free float rate have been used and the ratios particular to banking sector have been analysed as capital structure variables. In conclusion, the findings have shown that major shareholder, free float rate, return on assets and bank size variables have a statistically significant impact on the banks’ capital structures. |
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ISSN: | 2148-4228 2148-4228 |