EVALUATION OF THE RELATIONSHIP BETWEEN CORPORATE GOVERNANCE AND FINANCIAL PERFORMANCE BY ENTROPY BASED TOPSIS METHOD: A STUDY ON FOOD AND BEVERAGE COMPANIES TRADED ON THE ISTANBUL STOCK EXCHANGE (BIST)
Journal Title: Muhasebe ve Vergi Uygulamaları Dergisi - Year 2018, Vol 11, Issue 2
Abstract
In many studies it is addressed that corporate governance practices have a positive impact on the financial performance of companies. This study aims to evaluate the relationship between corporate governance practices and financial performances by using the Entropy Based TOPSIS (Technique for Order Preference by Similarity to Ideal Solution) method. Unlike other studies in the literature, this study focuses on the relationship between corporate governance and financial performance. For this purpose, 5 food and drink companieslisted in Istanbul Stock Exchange (BIST) in the Corporate Governance Index (XKURY) for the years between2013-2016 period were examined in terms of corporate governance and financial performance. According to the result it is found that there is no continuous and significant relationship between corporate governance ranking and financial performance ranking among these five companies.
Authors and Affiliations
Murat YILDIRIM, İnci Merve ALTAN, Rafet GEMİCİ
Keywords
Related Articles
- EP ID EP414644
- DOI 10.29067/muvu.340436
- Views 219
- Downloads 0
FACTORS AFFECTING THE SUCCESS OF EXPORT RELATED VAT REFUND PROCESS: A STUDY ON SWORN-IN CERTIFIED PUBLIC ACCOUNTANTS
The profession of chartered accountancy is gaining more and more importance with its various fields of specialization. The field of VAT refunds, which is one of those areas of specialization, requires a good command of k...
TARİHSEL SÜREÇ İÇERİSİNDE TÜRK VERGİ YARGISININ GELİŞİMİ
Tax disputes are a concept used to express the problems that arise during the taxation process between the administration and taxpayer, and these disputes are settled within the taxation jurisdiction. In addition of the...
EVALUATION OF THE FINANCIAL PERFORMANCE OF SPORTS COMPANIES USING RATIO ANALYSIS: AN APPLICATION ON SPORT COMPANIES IN BORSA ISTANBUL (BIST)
The aim of this study is to analyze financial performance of four sport companies whose shares are traded in Borsa Istanbul by using ratio analysis. In the analysis result, it is ascertained that sport companies face wit...
THE ANALYIS OF FINANCIAL PERFORMANCES OF LAND AND SEA FREIGHT TRANSPORT SECTORS: A RESEARCH ON SECTOR BALANCE SHEETS OF CENTRAL BANK OF TURKEY
Transport is one of the most important logistics activities that occur with the existence of mankind and bring people / businesses to the global world economy. Businesses use transporting activities intensively within th...
INDEPENDENT AUDITING EXPECTATION GAP: A RESEARCH ON TURKEY
The purpose of this study is to comparatively to examine expectation gap in independent auditing in terms of the auditors of independent audit firms in Turkey and the managers of the companies benefiting from the audit s...