Özet:

Due to the political, economic, social and technological developments in the world, it is observed that residential are facing difficulties to maintain their assets. Today, accommodation need to have a strong financial structure to continue their activities successfully. In this context, it is important to measure and manage the risk of financial failure from the point of view of the accommodation enterprises. The purpose of this research is to measure the financial failure risks of accommodation enterprises trading in Borsa Istanbul (BIST) for the years 2012-2017, using the Beaver model. For this purpose, 11 accommodation that are traded in Borsa Istanbul (BIST) have been analyzed according to the variables of the Beaver model. The results of the analysis have found that some BIST accommodation companies are insufficient in fulfilling their long-term obligations, their net working capital is negative, their profitability is low, their cash flows are insufficient, and they are trying to use their financial lifting levels effectively.

Özet:

Depending on the political, economic, social and technological developments in the world, it is observed that lodging companies have difficulties to sustain their existence. Nowadays, lodging companies should have a strong financial structure in order to continue their activities successfully. In this context, it is important to measure and manage the risk of financial failure in terms of lodging companies. The purpose of this research is to measure the financial failure risks of the lodging companies traded in Borsa Istanbul (BIST) for the years 2012-2017 by  Beaver model. For this purpose, 11 lodging companies traded in Borsa Istanbul (BIST) were analyzed according to the variables of the Beaver model. As a result of the analysis, it was concluded that some of the BIST lodging companies were insufficient to meet their long-term obligations, that their net working capital was negative, their profitability was low, their cash flows were insufficient, and their financial leverage levels were effective.

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