Aim of this research is to investigate the effects of advertising expenditures on financial situation of business enterprises. Therefore, advertising expenditures, profitability’s and total assets of companies which disclose advertising expenditures on their financial statements and located in the services sector obtained from kap.gov.tr are analyzed. It is assumed that since the coefficients of the companies’ quarterly data between 2009 and 2016 are not changed as to the period or company, dynamic panel data analysis is used in this research. According to the results which are obtained from 29 quarterly data of 10 companies, it is found that advertising expenditures has significant impact on net sales and profitability.
Alan : Ziraat, Orman ve Su Ürünleri; Spor Bilimleri
Dergi Türü : Uluslararası
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