BİST İnşaat Endeksinde Yer Alan Firmaların İflas Riskinin Tahmin Edilmesi
| Autor: | Ahmet Karaca, Samuray Karaca |
|---|---|
| Přispěvatelé: | ALKÜ |
| Jazyk: | angličtina |
| Rok vydání: | 2020 |
| Předmět: | |
| Zdroj: | Volume: 4, Issue: 2 205-222 Alanya Akademik Bakış |
| ISSN: | 2651-4192 |
| Popis: | In this study, it is aimed to measure the effects of the recent négative developments in the Turkish Construction sector on the financial failures of the companies in Borsa Istanbul Construction Index. This study is particularly important with regard to determining whether the concordat announcements, which started especially in the 3rd quarter of 2018, carry a risk for the construction sector and ascertaining whether there have been any warnings beforehand.The financial statements of the companies in the construction sector in 2010-2018 period will be analyzed with the Altman Z score model to see if they carry bankruptcy risk. In addition, by comparing the calculated Z scores with the stock prices of stock certificates, the extent to which the probabilities of bankruptcy are priced in the stock market will also be measured.Predicting bankruptcy risk is vital for both firms and stakeholders. The findings will contribute significantly to strategy determination for firms and investors in this sector. On the other hand, the results will also guide investors' stock preferences. In thisstudy, it is aimed to measure the effects of the recent négative developmentsin the Turkish Construction sector on the financial failures of the companiesin Borsa Istanbul Construction Index. This study is particularly important withregard to determining whether the concordat announcements, which startedespecially in the 3rd quarter of 2018, carry a risk for the construction sectorand ascertaining whether there have been any warnings beforehand.Thefinancial statements of the companies in the construction sector in 2010-2018period will be analyzed with the Altman Z score model to see if they carrybankruptcy risk. In addition, by comparing the calculated Z scores with thestock prices of stock certificates, the extent to which the probabilities ofbankruptcy are priced in the stock market will also be measured.Predicting bankruptcy risk is vital for both firms andstakeholders. The findings will contribute significantly to strategydetermination for firms and investors in this sector. On the other hand, theresults will also guide investors' stock preferences. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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