PERFORMANCE OF THE COMPANIES INCLUDING IN THE CORPORATE GOVERNANCE INDEX DURING THE OUTBREAK PROCESS Cover Image

SALGIN SÜRECİNDE KURUMSAL YÖNETİM ENDEKSİNDE YER ALAN ŞİRKETLERİN PERFORMANSI
PERFORMANCE OF THE COMPANIES INCLUDING IN THE CORPORATE GOVERNANCE INDEX DURING THE OUTBREAK PROCESS

Author(s): Önder Mutlu Bulut, Osman Gürbüz
Subject(s): Business Economy / Management, Governance, Health and medicine and law, Financial Markets
Published by: Sage Yayınları
Keywords: Corporate governance index; financial ratios; covid 19; corona; pandemic; paired samples t test; financial performance;

Summary/Abstract: It has spread to all countries of the world and caused the COVID-19 pandemic, since the discovery of the coronavirus disease in China in 2019,. It appears suddenly and it is aimed to analyze the effects of this disease, which has spread all over the World and in our country since the first days of 2020. In the analysis, all the corporate governance index (XKURY), 24 companies, whose applications are included in the BIST Industrial index (XUSIN) and BIST Services index (XUHIZ), started to spread to the world by the emergence of the coronavirus outbreak. It can be considered as, the 5 quarters before the pandemic continues, and the 3 quarters after the inception period continues. The number of samples n <30 and the same sample group, made in different quarters, asset turnover rate, current ratio, operating profit margin, leverage ratio, asset profitability, price earning ratio, net profit margin, return on equity and market value / book value Like the word, paired samples T test was used in word-like analyzes to compare the averages of financial performance measures. Analyzes show that for all financial performance indicators included in the analysis, there are significant differences between the pre-pandemic period and the period when the pandemic occurred.

  • Issue Year: 13/2021
  • Issue No: 49
  • Page Range: 219-233
  • Page Count: 15
  • Language: Turkish