Bist Sürdürülebi̇li̇rli̇k Endeksi̇ne Kayitli Üreti̇m Sektöründe Faali̇yet Gösteren Şi̇rketleri̇n Fi̇nansal Performanslarinin İncelenmesi̇

Abstract

The aim of this study is to examine the financial performance of the 19 companies operating in the manufacturing sector registered in the Borsa Istanbul sustainability index by analysing the annual reports covering the years 2011-2015. When the corporate governance compliance notes prepared by the rating companies authorized by the Capital Markets Board are taken into account, the highest grade appertains to Aksa Akrilik Kimya Sanayii A.S. The lowest grade belongs to Ihlas Ev Aletleri Imalat Sanayi Ve Ticaret A.S. According to the ratio analysis of IhlasEv Aletleri Imalat Sanayi Ve Ticaret A.S., the values of the companies in terms of financial performance are also evaluated negatively. In addition, Turcas Petrol A.S. The change in the 2015 fiscal loss ratio at 2015 was a significant change due to a 146% increase over 2014. It is understood that Hürriyet Gazetecilik Ve Matbaacılık A.S. has completed its four year operation period apart from 2012 according to financial statements.

Relationship Between Sustainability Report, Financial Performance, and Ownership Structure: Research on The Turkish Banking Sector

“…According to the results, there was a statistically significant relationship between the type of industry and the level of sustainability reporting. Akyüz and Yeşil (2017) analysed the 2011-2015 data of 19 businesses operating in the production sector registered in the BIST Sustainability Index and examined their financial performance. According to the results of the study, the financial performance of the companies that meet the sustainability criteria were also positively affected while meeting these criteria.…”

An Alternative Approach to BIST Sustainability Index: An Estimation via Financial Indicators

“…Araştırmada, BİST sürdürülebilirlik endeksi 2016 yılında dahil olan 18 firmanın finansal tablo bilgileri kullanılmış ve bulgulara göre, firmaların finansal etkinliklerinin arttığı sonucunu elde etmiştir. Akyüz ve Yeşil (2017), BİST sürdürülebilirlik endeksinde yer alan ve üretim sektöründe faaliyet gösteren firmaların finansal performansları karşılaştırılmıştır. Elde edilen sonuca göre, İhlas Ev Aletleri İmalat Sanayi ve Ticaret A.Ş.…”

Bi̇st Sürdürülebi̇li̇rli̇k Endeksi̇ndeki̇ Bankalarin Marka Değeri̇ni̇n Ölçülmesi̇ Ve Değerlendi̇ri̇lmesi̇: Fi̇nansal Bi̇r Yaklaşim

“…When BIST Sustainability Index is investigated related to studies, it is mostly relationship between financial and sustainability performance. Some studies demonstrate that there is negative relationship between sustainability performance and financial performance (Akyüz and Yeşil, 2017;Aydın, 2017;Ünal and Yüksel 2017;Önder, 2017;Parlakkaya et al, 2019), while others evaluated that a positive relationship between financial and sustainability performance (Çıtak and Ersoy, 2016;Soytaş et al, 2017;Altınay et al, 2017;Düzer and Önce, 2018;Sahin and Akgun, 2016). In addition, Özutku et al (2015) investigate the human resources performance of the companies in the BIST Sustainability Index.…”