Author/Authors
temiz, hüseyin bozok üniversitesi - iibf - sağlık yönetimi bölümü, Turkey , dalkiliç, elçin bozok üniversitesi - iibf - işletme bölümü, Turkey
Title Of Article
INVESTIGATION OF THE RELATIONSHIP BETWEEN OWNERSHIP STRUCTURE AND CAPITAL DECISIONS: BIST MANUFACTURING CASE
شماره ركورد
45283
Abstract
The aim of this study is to examine the association between capital structure and ownership structure. In this juncture, the Manufacturing Sector firms that are listed on Borsa Istanbul are identified as the sample group. The 685 firm-year data of 137 firms’ covering the years 2012-2016 are used in this study. Within the scope of this study, six hypotheses were tested in order to discuss the relationship between capital structure decisions and ownership structure from different perspectives. According to the obtained results, there is negative and statistically significant relationships between the largest shareholders ratio, the corporate shareholders ratio and foreign shareholders ratio and the financial leverage which indicates the indebtedness of firms. On the other hand, the obtained findings do not support the hypothesis that firms’ free float ratio reduce financial leverage ratio.
From Page
171
NaturalLanguageKeyword
Capital Structure , Ownership Structure , Corporate Shareholder , Foreign Shareholder
JournalTitle
Abant Sosyal Bilimler Dergisi
To Page
188
JournalTitle
Abant Sosyal Bilimler Dergisi
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