skip to main content
Language:
Search Limited to: Search Limited to: Resource type Show Results with: Show Results with: Search type Index

Determining Factors Affecting Stock Returns by Panel Data Analysis Method: An Application on Manufacturing Industry Companies Listed in BIST 100

Journal of accounting, finance and auditing studies, 2021-01, Vol.7 (2), p.80-95 [Peer Reviewed Journal]

2021. This work is published under https://creativecommons.org/licenses/by/4.0/ (the “License”). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License. ;EISSN: 2149-0996 ;DOI: 10.32602/jafas.2021.014

Full text available

Citations Cited by
  • Title:
    Determining Factors Affecting Stock Returns by Panel Data Analysis Method: An Application on Manufacturing Industry Companies Listed in BIST 100
  • Author: Mat, Murat ; Cihangir, Mehmet
  • Subjects: Data analysis ; Financial ratios ; Manufacturing
  • Is Part Of: Journal of accounting, finance and auditing studies, 2021-01, Vol.7 (2), p.80-95
  • Description: Keywords Stock Returns, Financial Ratios, Borsa Istanbul (BIST), Panel Data Analysis. Paper Type Research Article Received 07.01.2021 Revised 03.02.2021 Accepted 15.02.2021 Abstract Purpose: The purpose of this paper is to determine financial ratios, which affect stock returns of manufacturing industry companies listed in Borsa Istanbul (BIST) 100 during the period of 2008-2019. Findings: According to the findings of the study, the variables of Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA)/Total Assets, Market Value/Book Value and Market Value/Net Sales have a positive and significant effect on stock returns. [...]the negative and significant effect of the variables of Gross Profit Margin, Current Ratio, Current Asset Turnover Rate and Total Debt/Equity on stock returns are among the other findings of the study. Significance of the Study: The determining financial ratios affecting stock returns has importance as it helps investment decisions of investors.
  • Publisher: Yalova: Yalova University, Faculty of Economics and Administrative Sciences
  • Language: English
  • Identifier: EISSN: 2149-0996
    DOI: 10.32602/jafas.2021.014
  • Source: ProQuest Central
    DOAJ Directory of Open Access Journals
Back to results list
INSPIRE LIBRARY - TON DUC THANG UNIVERSITY (84-028) 37 755 057 Feedback
19 Nguyen Huu Tho St. Dist.7, HCM thuvien@tdtu.edu.vn

Copyright © 2017 INSPIRE LIBRARY - TON DUC THANG UNIVERSITY

Searching Remote Databases, Please Wait