IRMA-International.org: Creator of Knowledge
Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Financial Performance Analysis of Companies Registered on BIST Corporate Governance Index: An Empirical Analysis in the Istanbul Stock Exchange

Financial Performance Analysis of Companies Registered on BIST Corporate Governance Index: An Empirical Analysis in the Istanbul Stock Exchange
View Sample PDF
Author(s): Haşim Bağcı (Aksaray University, Turkey) and Ceyda Yerdelen Kaygın (Kafkas University, Turkey)
Copyright: 2021
Pages: 22
Source title: Corporate Governance and Its Implications on Accounting and Finance
Source Author(s)/Editor(s): Ahmad Alqatan (University of Portsmouth, UK), Khaled Hussainey (University of Portsmouth, UK) and Hichem Khlif (University of Sfax, Tunisia)
DOI: 10.4018/978-1-7998-4852-3.ch006

Purchase


Abstract

The aim of this study is to measure the 2018 financial performance of 49 businesses that are registered in the Istanbul Stock Exchange Corporate Governance Index. Therefore, the financial performances of 49 businesses were compared to the ROA, ROE, ROS, and MV performance indicators that were determined for the measurement of financial performance. For comparison, first, the significance levels of the indicators were determined by the AHP method, and MV was determined to be the most important indicator. The PROMETHEE method was used to be able to financially compare the businesses, and Tüpraş Türkiye Petrol Rafinerileri A.Ş. (Tüpraş Turkey Petroleum Refineries Inc.) was the most successful corporate governance business within the specified time period. The least successful business is Pınar Su ve İçecek Sanayi ve Ticaret A.Ş. (Pınar Water and Drink Industry and Trade Inc).

Related Content

Nuno Teixeira, Luisa Margarida Cagica Carvalho. © 2022. 24 pages.
Carolina Nunes Castro, Luísa Cagica Carvalho, Sandrina B. Moreira. © 2022. 21 pages.
Márcia R. C. Santos. © 2022. 10 pages.
Teresa Gomes da Costa, Luísa Cagica Carvalho. © 2022. 17 pages.
Ana Bela Teixeira, Nuno Delicado Teixeira, Rosa Morgado Galvão, Paulo José Rodrigues Costa, Telmo Passuco Wergikosky, Filipe Damas Bacalhau. © 2022. 27 pages.
Sandra Vieira Vasconcelos, Carla Melo. © 2022. 20 pages.
Maria Eduarda Franklin da Costa de Paula, Orivaldo Vieira de Santana Júnior, Zulmara Virgínia de Carvalho, Cristiano Alves. © 2022. 13 pages.
Body Bottom