Evaluatıon of the Performance of the Tourısm Companıes Trade on Borsa Istanbul: An Applıcatıon on Restaurants and Hotels

Hakan Altın and Cemil Süslü
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Hakan Altın: Aksaray University
Cemil Süslü: Iskenderun Technical University

Journal of Finance Letters (Maliye ve Finans Yazıları), 2018, vol. 33, issue 109, 31-50

Abstract: The tourism sector is one of the fastest growing sectors. The tourism sector is composed of many sub-sectors. The tourism sector has positive contributions to economic development, elimination of income injustice and employment. In this frame, investigating the financial performance of tourism companies traded on the Borsa Istanbul is important for both investors and managers. The purpose of this study is to evaluate the performances of publicly traded tourism companies traded in Istanbul Stock Exchange. The findings obtained from the analyzes were included in the analysis of the model section. Findings obtained in the conclusion section are related to finance theory. In addition, in this section general evaluations were made about tourism sector and some solutions were proposed for businesses operating in the sector.

Keywords: Borsa Istanbul; Tourism Companies Traded on Borsa Istanbul; Financial Performance; FMOLS (search for similar items in EconPapers)
JEL-codes: G10 G11 G14 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:acc:malfin:v:33:y:2018:i:109:p:31-50

DOI: 10.33203/mfy.341805

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