Sürdürülebilir Kalkınma Amaçları
Yayınlar
- Kitap BölümüAçık Erişim2017The role of financial ratios on evaluation of stock values: An application in Bist
Cam, Alper Veli; Tosunoglu, Busra; Gurtay, Enes
Financial ratios obtained from past data are used in estimations of the future, which is financially uncertain, in many studies and analyses. In this regard, financial ratios can be used to determine stock values and therefore the value of the company. The objective of this study is to determine the relationship between the financial ratios of companies and stock values. Accordingly, ten year and quarterly data of16 cement factories whose stocks are traded on the Istanbul Stock Market (BIST) between years 2005-2014 are studied. In the study, current ratio, acid test ratio, liability ratio, accounts receivable turnover rate, inventory turnover rate, market value/book value are used as independent variables. Financial leverage and size of assets are used as control variables and stock value is used as the dependent variable. In accordance with the results of panel data analysis, it is seen that there is a meaningful relationship between acid-test ratio, liability ratio, market value/book value and financial leverage and between stock values.
- Kitap BölümüAçık Erişim2016The effects of an accounting information system on the institutionalisation level of enterprises
Cam, Handan; Tosunoglu, Busra
An accounting information system (AIS) is a system of collecting, storing, and processing financial and accounting data that is used by decision makers. An accounting information system is generally a computer-based method for tracking accounting activity in conjunction with information technology resources. The purpose of this study is to determine the effects of an accounting information system on the institutionalisation level of enterprises. In this regard, a model has been developed and tested. Five hypotheses were constituted to test the model and a questionnaire was conducted to 150 firms that are operating in small and medium sized enterprises in Trabzon. The structural equation model was used to test the hypotheses. According to findings of the analysis it may be seen that an interdepartmental information system, compliance with an accounting information system, and an accounting information system activity have an effect on the institutionalisation level of enterprises.