Factors on the Business Level Affecting The Share Circumstances: An Application on Business / Industrial Index Sectors
Hisse Senedi Fiyatını Etkileyen İşletme Düzeyindeki Faktörler: Bist Kobi/ Sanayi Endeksinde Yer Alan İşletmeler Üzerine Bir Uygulama

Author : Eda DİZGİL
Number of pages : 265-276

Abstract

In this study, a panel regression analysis was conducted on businesses in the BIST / SME industry index to determine what factors at the firm level are affecting the stock price, which is considered to be the most influential factor affecting the decisions of the individuals investing in the stock. In this context, the stock prices of companies traded in BİST SME / Industry Index between 2013 and 2016, dependent variable, leverage ratio, profitability ratios; liquidity ratios, and activity ratios as independent variables. Study data was obtained from the public lighting platform. According to panel regression analysis results, it was determined that the turnover rate, the current ratio, the profit per share, the short term liabilities and the PD / DD independent variables are significant on the stock price dependent variable

Keywords

Stock Exchange Prices, Financial Ratios, BİST SME’s Industry Index, Panel Data Analysis

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