International Conference on Eurasian Economies
10-12 July 2017 – Istanbul, TURKEY
Paper detail
Paper ID : 1946
Status : Paper published
Language : Turkish
Topic : Finance and Financial Crises
Presenter: Assoc. Prof. Dr. İlhan Ege
Session : 3B Finans I
Effects of Ownership Structure on Capital Structure and Divident Decisions: Case of Borsa Istanbul 30 Index
Sahiplik Yapısı ile Sermaye Yapısı ve Kar Payı Dağıtım Kararları Arasındaki İlişkinin Borsa İstanbul 30 Endeksinde Test Edilmesi
- Assoc. Prof. Dr. İlhan Ege (Mersin University, Türkiye)
- Tuğba Nur Topaloğlu (Mersin University, Türkiye)
Abstract
Ownership structure is one of the main dimensions of corporate governance and is widely seen to be determined by other country-level corporate governance characteristics such as the development of the stock market and the nature of state intervention and regulation. Most ownership structure research focuses on relationship between ownership structure and firm performance. This paper investigates the effects of ownership structure on capital structure and divident decisions. In this study observed that ownership structure of firms in Borsa Istanbul 30 Index. Data of this firms collected from Borsa Istanbul web page. Period of data is between 2007 and 2015. Panel regression method is used for analyzing the effects of ownership structure on capital structure and divident decisions. As a result of this study we find statistically significant nonrelationship between ownership structure and both capital structure and divident decision.
JEL codes: G32, G34, G30
Ege, İlhan, Nur Topaloğlu, Tuğba (2017). "Effects of Ownership Structure on Capital Structure and Divident Decisions: Case of Borsa Istanbul 30 Index" in Proceedings of International Conference of Eurasian Economies 2017, pp.254-261, Istanbul, TURKEY.
DOI: https://doi.org/10.36880/C08.01946
