ENFLASYONUN KÂR PAYI ÖDEMELERİNE ETKİSİ: BİST ÜZERİNE BİR UYGULAMA.

The study aims to investigate the effect of inflation on dividend payments by considering company-specific factors. For this purpose, 38 companies traded on Borsa Istanbul (BIST) and regularly distributing dividends every year between 2013 and 2022 are included in the study. The study examines the effects of inflation, leverage ratio, liquidity ratio, return on assets, return on equity, growth in sales, growth in assets and company age on the dividend payout variable. Panel data analysis, which is an econometric method, was used to analyze these variables. Within the scope of the findings of the study, it is determined that the effect of inflation, which is the focus of the study, on dividend payments is statistically significant and positive. In addition, leverage ratio, liquidity ratio, return on equity, growth in assets and company age are also found to have a statistically significant effect on the dividend payments variable. The results of this study on companies with dividend payment habits in all sectors are expected to guide investor preferences and managerial decisions in inflationary periods. [ABSTRACT FROM AUTHOR]