文章基本信息

标题：The Relationship Between Financial Distress and Ownership Structure: A Research in İstanbul Stock Exchange
其他标题：Finansal Sıkıntı ve Sahiplik Yapısı Arasındaki İlişki: Borsa İstanbul Üzerine Bir Araştırma
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作者：Bilge Leyli ELİTAŞ ; Mesut DOĞAN ; Mustafa KEVSER 等
期刊名称：İşletme Araştırmaları Dergisi
印刷版ISSN：1309-0712
出版年度：2017
卷号：9
期号：4
DOI：10.20491/isarder.2017.358
语种：English
出版社：Isarder
摘要：The aim of this study is to investigate the relationship between financial distress and ownership structure. In this study,112 firms’ data have been used for the time period of 2005-2009 which are operating in the İstanbul Stock Exchange (BIST) Industrial Index. Z Altman Score was used for measuring the probability of financial distress. As a result of the developed robust estimator,ownership concentration and free float ratio has negative relation with financial distress,in contrast there is a positive relation between institutional ownership and financial distress. Additionally, statistically significant relation between foreign ownership and financial distress was not detected.
其他摘要：Bu araştırmanın amacı;finansal sıkıntı ile sahiplik yapısı arasındaki ilişkiyi incelemektir. Çalışmada 2009-2015 yılları arasında Borsa İstanbul (BİST) Sınai Endeksi’nde hisse senetleri işlem gören 112 firmanın verileri kullanılmıştır. Z Altman skoru firm
关键词：Financial Distress;Z Altman;Istanbul Stock Exchange
其他关键词：Finansal Sıkıntı;Z Altman;Borsa İstanbul