Analyzing the technical efficiency on the effects of foreign portfolio investment in the financing of small and medium-sized enterprises (SMEs) in turkey

Küçük Resim Yok

Tarih

2011

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

Academic Journals

Erişim Hakkı

info:eu-repo/semantics/closedAccess

Özet

This paper investigates the contribution of foreign portfolio investment (FPI) to firms' technical efficiency and total factor productivity by applying two empirical methodologies over a sample of firms. In the study, panel data is from 45 small businesses (small and medium-sized enterprises, SMEs) in Turkey were observed between 2006 and 2010 years. We will analyze the effects of foreign portfolio investment by using the data on businesses in the Istanbul Stock Exchange (ISE). To measure efficiencies of these units, data envelopment analysis (DEA) approach and Malmquist total factor productivity indexes (MTFP) are used.

Açıklama

Anahtar Kelimeler

Foreign portfolio investment, small and medium-sized enterprises (SMES) financial performance, data envelopment analysis (DAE), Malmquist total factor productivity indexes (MTFP)

Kaynak

African Journal Of Business Management

WoS Q Değeri

N/A

Scopus Q Değeri

Cilt

5

Sayı

21

Künye