The Effects Of Global Economic Crisis of 2008 to Financial Statements and Liquidity Ratios on Companies Operating In BIST Energy Sector (2005-2013 Term Review)
The Effects Of Global Economic Crisis of 2008 to Financial Statements and Liquidity Ratios on Companies Operating In BIST Energy Sector (2005-2013 Term Review)
Author(s): Selçuk Kendirli, Muhammet Çankaya, Altug CagataySubject(s): Energy and Environmental Studies, International relations/trade, Political economy, Economic development, Transformation Period (1990 - 2010), Present Times (2010 - today), Financial Markets
Published by: Editura Fundaţiei România de Mâine
Keywords: Financial Crisis; Balance Sheets; Financial Analysis;
Summary/Abstract: The purpose of this study is to compare and analyze whether the 2008 global economic crisis affected the balance of the energy companies which are listed in the Istanbul Stock Exchange and have not shown continuity in 2005-2013 period by using a variety of analyzing methods. Companies that demonstrate continuity between the years 2005-2013 were not assessed in this study. Horizontal and vertical analyses were made on the financial statements of the companies which are evaluated and liquidity ratios were assessed. Based on this analysis, it was found that these companies were differently affected by the crisis.
Journal: Journal of Economic Development, Environment and People
- Issue Year: 6/2017
- Issue No: 1
- Page Range: 6-21
- Page Count: 16
- Language: English
