Citation Number
2
Views
16
Firma faaliyetleri üzerinde önemli bir etkisi bulunan çalışma sermayesi finans literatüründe yıllardır üzerinde sıklıkla durulan bir konudur. Bu hususta literatürde konu ile ilgili olarak çalışmalar yapılmış ve yapılmakta olan çalışmalar bulunmaktadır. Bu doğrultuda bu çalışmanın amacı çalışma sermayesine etki eden firma düzeyli faktörlerin tespit edilmesidir. Bu amaçla BİST Bilişim Endeksinde yer alan firmaların 2009-2017 yıllarına ait bilanço ve gelir tablosu verileri kullanılmıştır. İlk olarak bu verilerle çalışmada kullanılacak bağımlı ve bağımsız değişkenlere ilişkin finansal oranlar hesaplanmıştır. Daha sonra ilgili oranlar kullanılarak panel veri analizi yapılmıştır. Analizde çalışma sermayesi oranı bağımlı değişken olarak kullanılırken hesaplanan diğer finansal oranlar ise bağımsız değişken olarak kullanılmıştır. Yapılan analiz sonucunda çalışma sermayesi oranı ile firma büyüklüğü, kısa vadeli borç devir süresi, nakit dönüş süresi, maddi duran varlık oranı, alacak devir süresi değişkenleri arasında anlamlı bir ilişki olduğu tespit edilmiştir.
The work capital, which has a significant impact on the company’s activities, has been a topic that has been frequently focused on in financial literature for years. In this context, there are studies that have been done and are being done in the literature. In this direction, the purpose of this work is to identify the factors of the company’s level that affect the work capital. For this purpose, the company’s balance sheet and income tables for the years 2009-2017 were used in the BIST Information Index. First, the financial rates for dependent and independent variables to be used in the study with these data are calculated. The panel data analysis was subsequently performed using the relevant ratio. In the analysis, the working capital ratio is used as a dependent variable, while the other financial ratio calculated is used as an independent variable. The result of the analysis was found that the rate of work capital and the size of the company, the short-term debt turnover time, the cash return time, the rate of financial asset, the turnover time will be a meaningful relationship between the variables.
Working capital, which has a significant impact on firm activities, is a subject frequently emphasized in the finance literature for years. In this regard, there are studies on the subject in the literature and there are studies in progress. Accordingly, the purpose of this study is to identify firm-level factors affecting working capital. For this purpose, the balance sheet and income table data of the companies included in the BIST Informatics Index for the years of 2009-2017 were used. First of all, financial ratios related to dependent and independent variables to be used in the study were calculated with these data. Then, panel data analysis was carried out using the relevant rates. In the analysis, while working capital ratio is used as a dependent variable, other financial ratios calculated are used as independent variables. As a result of the analysis, it was determined that there is a significant relationship between working capital ratio and firm size, short-term debt transfer period, cash return period, tangible assets ratio, and credit transfer time variables.
Field : Eğitim Bilimleri; Filoloji; Güzel Sanatlar; Hukuk; Sosyal, Beşeri ve İdari Bilimler
Journal Type : Ulusal
Article Detail 
Citation Owners
Similar Articles
Download PDF
Journal Information
Listen Paper
Print This Page
Share
Mendeley
