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- Title
SERMAYE YAPISININ FİNANSAL PERFORMANSA ETKİSİ: BORSA İSTANBUL LOJİSTİK VE ULAŞTIRMA FİRMALARI ÜZERİNE BİR ARAŞTIRMA.
- Authors
GÜNEYSU, Yusuf; ATASEL, Oğuz Yusuf; ŞEKER, Yasin
- Abstract
The contribution of logistics and transportation firms to the national economy has grown in importance as a result of globalization. These firms require a variety of financing resources in order to continue operations and make profits. The needs of the firms are financed by either debt or equity. This financing is used by firms to determine their capital structure in order to maximize returns and increase competitiveness. The capital structure decisions made by firms have an impact on their financial performance. Therefore, the aim of this study is to determine the impact of capital structure on the financial performance of logistics and transportation firms listed on the Borsa Istanbul (BIST). In this study, total debt/total assets were used as a proxy for capital structure, and return on assets, return on equity, and Tobin Q ratios were used as proxies for financial performance. Panel regression were used to test the data of the firms from 2014 to 2020. The findings showed that there is a statistically significant negative relationship between capital structure, return on assets, and return on equity, but no statistically significant relationship with Tobin Q.
- Publication
Akademik Hassasiyetler, 2021, Vol 8, Issue 17, p305
- ISSN
2148-5933
- Publication type
Article