Effects of Banks' Financial Ratios on Stock Exchange Performance: A Research on Banks Traded at BIST 30
BANKALARIN FİNANSAL ORANLARININ BORSA PERFORMANSLARINA ETKİLERİ: BİST 30’DA FAALİYET GÖSTEREN BANKALARDA BİR ARAŞTIRMA

Author : Mustafa ASLAN -Yıldırım Ercan ÇALIŞ - Betül ARSLAN KÖSEOĞLU
Number of pages : 301-322

Abstract

This research was conducted based on six banks whose shares were traded on Borsa Istanbul stock exchange between 2012-2016. This study is based on the weighted averages of profit per share and dividend rates per share calculated using the financial statements of these six banks for the relevant years. In line with these data, it is aimed to determine the significance of banks' financial ratios affects their stock market performance. The results depending on the financial ratios of the banks selected for the research, were determined by using ratio analysis techniques. At the same time, canonical correlation analysis and regression analysis were used. In line with the results obtained, a significant relationship was found between stock market performances of selected banks and profit per share and dividend per share. It has also been observed that profit per share and dividend per share move in the same direction as stock market performance.

Keywords

Profit pers hare, dividend pers hare, financial ratios, Stock Exchange, BİST 30

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