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
Related Articles
- EP ID EP260788
- DOI 10.29067/muvu.328725
- Views 129
- 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...
YILLARA YAYGIN İNŞAAT VE ONARIM İŞLERİNDE KAR PAYI AVANSI DAĞITIMI VE BAZI ÖZELLİKLİ DURUMLAR
In long-term construction and repair businesses, distribution of profit for the period and dividend advance payment is necessary in order for interest groups, especially shareholders to be able to get their capital gains...
THE EFFECTS OF RESEARCH DEVELOPMENT AND INNOVATION INVESTMENTS ON FINANCIAL DEVELOPMENT: BRICS-TM COUNTRIES EXAMPLE
In this study, the effect of R & D and innovation on financial development for BRICS-TM countries (Brazil, Russia, India, China, South Africa, Turkey and Mexico) was tested econometrically using yearly data for the perio...
PREDICTION OF CORPORATE GOVERNANCE-PERFORMANCE RELATIONSHIP WITH A DYNAMIC MODEL
The objective of this study is to examine whether there is a relationship between the performances and corporate governance levels of companies traded in corporate governance index between 2007 and 2015 in Turkey, which...
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...