Turkey has faced various crisis and shocks since the beginning of 90’s of which effected textile industry in many ways. Because the crises have different structures, their effect on economies as a whole and businesses as one of the important components differ. Within this study, 1994 crisis, 1997 Asian crisis, 1998 Russian crisis and 2001 crisis are explored by the means of effects on textile industry. For this aim, the financial statements of textile companies listed on Istanbul Stock Exchange between 1992 and 2003 are analyzed and financial ratios of these companies are calculated. Factor analysis is carried on over these ratios and then in order to estimate the effect of crisis discriminant analysis is carried on.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
For technical questions regarding this item, or to correct its listing, contact: (Social Sciences Institute) The email address of this maintainer does not seem to be valid anymore. Please ask Social Sciences Institute to update the entry or send us the correct address..
Find related papers by JEL classification: F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics G01 - Financial Economics - - General - - - Financial Crises M41 - Business Administration and Business Economics; Marketing; Accounting - - Accounting - - - Accounting