BIST Sürdürülebilirlik 25 Endeksi İşletmelerinde Borsa Performans Modellemesi
Stock Market Performance Modeling in BIST Sustainability 25 Index Businesses
Author(s): Mazhar Dede, Ahmet Yavuz ÇamlıSubject(s): Energy and Environmental Studies, Environmental interactions, Financial Markets, Socio-Economic Research, Green Transformation
Published by: Celal Bayar Üniversitesi Sosyal Bilimler Enstitüsü
Keywords: BIST; Sustainability 25 Index; Stock Exchange Performance Panel Data Analysis;
Summary/Abstract: BIST includes the Sustainability 25 Index in Turkey. This study aims to create a model to determine the effects of the financial performances of the businesses in the Sustainability 25 Index. The study method was determined as the Panel Data Analysis Technique. Two dependent variables (Market Value/Book Value and Price Earnings Ratio) and four independent variables (Cash Turnover, Current Ratio, Leverage Ratio and Asset Size) affecting these performances were used to measure the stock market performances. There was a positive relationship between the market value of the businesses and the current ratio and size. The price earnings ratio was statistically significantly affected by the current ratio and leverage ratio. Firms can increase their market value and price earnings ratios by optimizing their financial ratios and size.
Journal: Celal Bayar Üniversitesi Sosyal Bilimler Dergisi
- Issue Year: 22/2024
- Issue No: 03
- Page Range: 390-408
- Page Count: 19
- Language: Turkish
