BİST KOBİ sanayi şirketlerinin finansal performanslarının MW ve GRİ ilişkisel analiz yöntemleri ile ölçülmesi
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Tarih
2019
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Kafkas Üniversitesi
Erişim Hakkı
Attribution-NonCommercial-NoDerivs 3.0 United States
info:eu-repo/semantics/openAccess
info:eu-repo/semantics/openAccess
Özet
Çalışmada 2013-2017 yılları arasındaBorsa İstanbul (BİST)’de işlem gören Küçük ve OrtaBüyüklükteki İşletmeler (KOBİ)’lerin finansalperformanslarının karşılaştırmalı olarak ölçülmesiamaçlanmıştır. Bu amaçla BİST KOBİ SanayiEndeksinde faaliyet gösteren şirketlerin finansaltablolarından elde edilen bilgilerden yararlanarak;cari oran, stok devir hızı oranı, borç/öz kaynak oranı,borç/aktif oranı, alacak devir hızı oranı, duran varlıkdevir hızı oranı, net kar marjı oranı, aktiflerinkarlılığı, esas faaliyet kar marjı oranı ve satışlarınmaliyeti/net satışlar oranı olmak üzere toplamda 10adet finansal oran kullanılmıştır. Elde edilen finansaloranların ağırlıkları ortalama ağırlık yöntemi ilebelirlenmiş ve BİST KOBİ Sanayi Endeksindefaaliyet gösteren 27 işletmenin finansalperformansları çok kriterli karar vermeyöntemlerinden Gri İlişkisel Analiz (GİA) yöntemiile tespit edilmeye çalışılmıştır.GİA sonuçlarına göre; 2013-2017 zamanperiyodunda en iyi finansal performans gösterenşirketin Politeknik Metal işletmesi, en kötü finansalperformans gösteren şirketin ise Eminiş Ambalajişletmesi olduğu tespit edilmiştir.
In the study, it is aimed to measure comparatively the financial performances of Small and Medium Sized Enterprises (SME) traded at Borsa Istanbul (BIST) between 2013-2017. For this purpose, totally 10 financial ratios, particularly current ratio, stock turnover rate, debt / assets ratio, debt to asset ratio, accounts receivables turnover rate, fixed asset turnover rate, net profit margin ratio, assets profitability, operating profit margin ratio and cost of sales / net sales ratio, were used by benefitting the information obtained from the financial statements of companies operating in BIST SME Industry Index. The weights of the obtained financial ratios were determined by Mean Weight (MW) method and the financial performances of the 27 enterprises operating in the BIST SME Industry Index were tried to be determined by using Gray Relational Analysis (TIE) method, one of the multi-criteria decision making methods. According to GIA results, it was determined in the period of 2013-2017 that the company which had the best financial performance was the Polytechnic Metal and that the company which had the worst financial performance was the Eminis Packaging Company.
In the study, it is aimed to measure comparatively the financial performances of Small and Medium Sized Enterprises (SME) traded at Borsa Istanbul (BIST) between 2013-2017. For this purpose, totally 10 financial ratios, particularly current ratio, stock turnover rate, debt / assets ratio, debt to asset ratio, accounts receivables turnover rate, fixed asset turnover rate, net profit margin ratio, assets profitability, operating profit margin ratio and cost of sales / net sales ratio, were used by benefitting the information obtained from the financial statements of companies operating in BIST SME Industry Index. The weights of the obtained financial ratios were determined by Mean Weight (MW) method and the financial performances of the 27 enterprises operating in the BIST SME Industry Index were tried to be determined by using Gray Relational Analysis (TIE) method, one of the multi-criteria decision making methods. According to GIA results, it was determined in the period of 2013-2017 that the company which had the best financial performance was the Polytechnic Metal and that the company which had the worst financial performance was the Eminis Packaging Company.
Açıklama
Anahtar Kelimeler
Finansal Performans, KOBİ, Ortalama Ağırlık, Gri İlişkisel Analiz, Financial Performance, SME, Average Weight, Gray Relational Analysis
Kaynak
Kafkas Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi
WoS Q Değeri
Scopus Q Değeri
Cilt
10
Sayı
20
