International Conference on Eurasian Economies
1-3 July 2014 – Skopje, MACEDONIA
Paper detail
Paper ID : 1073
Status : Paper published
Language : Turkish
Topic : Finance and Financial Crises
Presenter: Dr. Müge Sağlam Bezgin
Session : 3C Finansal Kriz II
Effect of 2008 Global Economic Crisis on Turkey’s Manufacturing Sector’s Performance: An Application on the Borsa Istanbul Campanies
2008 Küresel Ekonomik Krizinin Türkiye İmalat Sanayi Sektörünün Performansı Üzerine Etkisi: Borsa İstanbul Firmalarında Bir Uygulama
- Assoc. Prof. Dr. S. Serdar Karaca (Gaziosmanpaşa University, Türkiye)
- Mrs. Derya Ağcadağ (Bitlis Eren University, Türkiye)
- Dr. Müge Sağlam Bezgin (Karamanoğlu Mehmetbey University, Türkiye)
- Mr. Eray Baysa (Cumhuriyet University, Türkiye)
Abstract
In this study we analyzed the effect of 2008 financial crisis on firm performance. With this aim we used manufacturing sector in Turkey. In our study we used 119 firms traded on Borsa Istanbul and quarterly data belong to 2004-2012 period. In this study we examined the period before and after 2008 crisis. We applied one sample kolmagorov-smirnov test to know whether the data has normal distribution. Also we used T-Test Analysis to compare average of the data. At the result of analysis financial ratios that accounts receivable turnover, liquidity, net working capital, short term debt / Total Debt, Financial Leverage Ratio, founded different in before and after year 2008, according to year 2008.
JEL codes: B26, C53, G01
Karaca, S. Serdar, Ağcadağ, Derya, Sağlam Bezgin, Müge, Baysa, Eray (2014). "Effect of 2008 Global Economic Crisis on Turkey’s Manufacturing Sector’s Performance: An Application on the Borsa Istanbul Campanies" in Proceedings of International Conference of Eurasian Economies 2014, pp.550-554, Skopje, MACEDONIA.
DOI: https://doi.org/10.36880/C05.01073
