A comparison of the financial characteristics of group affiliated and independent firms in Turkey
Küçük Resim Yok
Tarih
2003
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
This study delineates overall financial characteristics of the Turkish non-financial firms listed in the Istanbul Stock Exchange across a variety of ownership variables. It essentially compares the performance of affiliates of diversified Turkish business groups with that of unaffiliated firms. The article notes that firms affiliated with diversified Turkish business groups do not differ significantly from unaffiliated firms in terms of accounting and stock market measures of performance. The findings also indicate that the performance measures of family-owned firms are not significantly different from those of non-family-owned firms. Results also suggest that foreign-owned firms perform significantly better in terms of return on assets than domestic firms, but not in terms of other performance measures. © 2003, MCB UP Limited
Açıklama
Anahtar Kelimeler
Companies, Family firms, Organizational performance, Turkey
Kaynak
European Business Review
WoS Q Değeri
Scopus Q Değeri
Q1
Cilt
15
Sayı
1
