Şirket Kârlarının Sürdürülebilirlik Durumunun İncelenmesi: BIST Şirketleri Üzerine Sektörel Bir Araştırma
Examination of Sustainability Status of Company Profits: A Sectoral Research for BIST Companies
Author(s): Ahmet Vecdi Can, Erkan ÖztürkSubject(s): Economy, Financial Markets, Accounting - Business Administration
Published by: Orhan Sağçolak
Keywords: Persistence of Profits; Panel Unit Root Test Method; CIPS test; CADF test; BIST Companies;
Summary/Abstract: This study aims to determine whether companies traded on the İstanbul Stock Exchange (BIST) are economically sustainable by examining profitability indicators. For this purpose, return on assets and equity, and gross profit, operating profit, pre-tax profit and net profit margin data of 201 companies’ interim reports that can be reached within 2007-2013 period analyzed by unit root analysis. According to the results of the analysis, 51 of 201 company’s profits can be maintained in the long term. Furthermore, approximately 29% for return of assets, 28% for return of equity, 35% of gross profit margin, 28% of operating margin, 24% of pre-tax profit margin and 24% of net profit margin are determined that can be maintained in the long term.
Journal: İşletme Araştırmaları Dergisi
- Issue Year: 7/2015
- Issue No: 1
- Page Range: 325-339
- Page Count: 15
- Language: Turkish