Crisis Effects on the Capital Structure Determinants for Manufacturing Companies

dc.contributor.authorSahin, Osman
dc.coverage.doi10.4018/978-1-4666-3006-2
dc.date.accessioned2025-10-24T18:09:57Z
dc.date.available2025-10-24T18:09:57Z
dc.date.issued2013
dc.departmentMalatya Turgut Özal Üniversitesi
dc.description.abstractThe purpose of the study is to investigate crisis effects on the capital structure determinants for manufacturing ;companies listed on the Istanbul Stock Exchange Market (ISE) in Turkey for the period 2005-2010. This period is divided into two parts: The period of 2005-2007 is used as pre-crisis period, and the period of 2008-2010 is used as a crisis period. The periods are compared to understand crisis effect on the capital structure determinants. The panel data analysis is used for this study. Short term, long term, and total debt ratios are used as a proxy for the analysis. The sample consists of 138 manufacturing companies in Turkey over the period of 2005-2010. As a result, manufacturing companies' capital structure is usually determined in accordance with the financial hierarchy theory. During financial crisis, the effects of capital structure determinants deviate from expectations.
dc.identifier.doi10.4018/978-1-4666-3006-2.ch019
dc.identifier.endpage240
dc.identifier.isbn978-1-4666-3007-9
dc.identifier.isbn978-1-4666-3006-2
dc.identifier.issn2327-5677
dc.identifier.issn2327-5685
dc.identifier.scopus2-s2.0-84944096552
dc.identifier.scopusqualityN/A
dc.identifier.startpage225
dc.identifier.urihttps://doi.org/10.4018/978-1-4666-3006-2.ch019
dc.identifier.urihttps://hdl.handle.net/20.500.12899/3887
dc.identifier.wosWOS:000417758000021
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherIgi Global
dc.relation.ispartofTechnology And Financial Crisis: Economical And Analytical Views
dc.relation.publicationcategoryKitap Bölümü - Uluslararası
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_20251023
dc.subjectTrade Credit; Corporate-Finance; Moral Hazard; Agency Costs; Cash Flow; Debt; Banking; Leverage; Choice; Equity
dc.titleCrisis Effects on the Capital Structure Determinants for Manufacturing Companies
dc.typeBook Chapter

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