INVESTIGATION OF FINANCIAL PERFORMANCE IN TURKISH MANUFACTURING SECTOR WITH GRAY RELATIONAL ANALYSIS METHOD: A STUDY IN CENTRAL BANK OF THE REPUBLIC OF TURKEY SUB-SECTOR COMPANY ACCOUNTS
Journal Title: Muhasebe ve Vergi Uygulamaları Dergisi - Year 2017, Vol 10, Issue 2
Abstract
The study aimed to analyse financial performance of Turkish Manufacturing Sector. 32 financial ratios of the 21 manufacturing sub-sectors were analysed by Gray Relational Analysis method. Data used in the analysis are the sector ratios calculated and declared by the Central Bank of The Republic of Turkey (CBRT) and cover the period 2012-2014. According to the findings the indicators affecting financial performance of Turkish manufacturing sector are financial structure, profitability, liquidity and asset utilization ratios. Within the scope of study the most successful three subsectors are, Tobacco Products Manufacturing, Coke and Refined Petroleum Products Manufacturing and Beverages Manufacturing sub-ectors. Food Products Manufacturing sub-sector is identified as the lowest performance.
Authors and Affiliations
Erdinç KARADENİZ, Levent KOŞAN, Fatih GÜNAY, Mehmet BEYAZGÜL
Keywords
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- EP ID EP260788
- DOI 10.29067/muvu.328725
- Views 125
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