Impact of Investment and Financial Policies on Financial Performance: An Econometric Research on the Borsa IstanbulEmre Esat Topaloğlu () and
Zekiye Akgüç
Bulletin of Economic Theory and Analysis, 2021, vol. 6, issue 2, 55-77 Abstract: In this study, it was aimed to determine the effect of working capital management on financial performance by using the data of companies traded in the BIST 100 index. BIST 100 index was examined by panel data analysis method using data from 14 years periods of 16 companies that traded continuously 2005-2018. In the study, two models were specified based on the return on assets and return on equity. As a result of the analysis in Model 1, while the positive relationship was determined between investment policy and return on asset; a negative relationship was determined between financing policies and return on asset. In Model 2, while the positive relationship was determined between investment policy and return on equity, there is no relationship between financing policy and return on equity. Keywords: Panel Data Analysis; Financial Performance; Working Capital Policies; Borsa İstanbul (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ris:betajl:0061 Access Statistics for this article Bulletin of Economic Theory and Analysis is currently edited by Erginbay Ugurlu More articles in Bulletin of Economic Theory and Analysis from BETA Journals |
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