Özet:

In financial literature, there are many theories and models that want to explain the corporate distribution policies. Although many studies have been done on this topic, a view coherence has not yet been achieved in the distribution policies of the academic environments. In this sense, the subject of the structure is quite complex. Black (1976) described this as "a puzzle that does not match the pieces." The purpose of this study is to test the relationship between paying the profit share and the company’s value by looking at the financial rates of companies in the Borsa Istanbul 30 index. A total of 20 companies in the BIST 30 Index were reviewed between 2007-2017 (11 periods) years. For PD/DD, the first model in the implementation result, our active profitability variable has a negative meaningful effect while our own source profitability and price profit rate variables have a positive meaningful effect. For the second model, Tobin's Q, our variables showing the company's paid status, the active profit rate, the self-resource rate and the price profit rate have been positively identified.

Anahtar Kelimeler: