DETERMINATION OF FACTORS AFFECTING ACTIVE PROFITABILITY BY PANEL DATA ANALYSIS METHOD

Kemal Taysi ()
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Kemal Taysi: Kirklareli University/TURKEY

Journal of Original Studies, 2020, vol. 1, issue 1, 15-30

Abstract: Businesses measure performance to determine the level of achievement of goals, and the success of a business is assessed by performance measurement. Although there are many performance criteria that can be used in performance measurement, the most commonly used method is financial performance measurement in terms of providing accurate and objective results. Financial performance measurement is based on financial analysis. Ratio analysis is one of the oldest and most important financial analysis techniques used in the evaluation of enterprises. As one of the most widely used financial performance indicators in the literature is asset profitability, the factors that affect it are tried to be determined. The financial data of the 35 companies which constitute the research sample covering the period of 1998-2017 were examined with Panel Data Analysis. According to the research findings, while active turnover rate, asset size and stock turnover rate affect ROA statistically significant and positively, growth in active, working capital turnover rate and leverage ratio have a statistically significant and negative effect.

Keywords: ROA; Panel Data; Static Analysis; Unit Root Analysis (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:jle:joujos:jos1102

DOI: 10.47243/jos.1.1.02

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