1. Financial Performance Analysis of Companies Registered on BIST Corporate Governance Index
- Author
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Haşim Bağcı and Ceyda Yerdelen Kaygin
- Subjects
050208 finance ,Index (economics) ,Financial performance ,Stock exchange ,business.industry ,Corporate governance ,0502 economics and business ,05 social sciences ,Accounting ,050201 accounting ,Business - 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).
- Published
- 2021
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