Özet:

The aim of this study is to investigate the effects of 2001 economic crisis in our country and 2008 global economic crisis on fi nancial structures of companies listed in Istanbul Stock Exchange (ISE) manufacturing sector. This effect has clearly shown the comparison of fi nancial ratios calculated from fi nancial tables related with these years “2001 and 2008” for companies. Also it has been dealt with whether there is any difference between fi nancial structure ratios for both these crisis periods in consideration of view IMKB manufacturing industry sub-sectors. The scope of the study is 131 companies working in manufacturing sector in 2001 and 2008. Parametric (paired t-test) and non-parametric (wilcoxon signed rank test) statistical methods have been used for determining whether differences are available for the fi nancial ratios of companies in these dates. According to these analytical results, statistical meaningful difference has been made clear between liquidity ratios (current and cash ratio), fi nancial structure ratios (fi nancial ratio, activity rate), activity ratios (fi xed asset turnover ratio, asset turnover ratio, equity turnover ratio) and stock market performance ratios (market value/book value ratio and tobinq ratio) for the periods. Any statistical difference is not matter of the subject profi t ratios of companies on between both crisis periods here.

Anahtar Kelimeler: