IDEAS home Printed from https://ideas.repec.org/a/taf/japsta/v48y2021i13-15p2643-2657.html
   My bibliography  Save this article

Determining the relationship between stock return and financial performance: an analysis on Turkish deposit banks

Author

Listed:
  • M. Esra Atukalp

Abstract

Banks play a very important role in financial markets due to their intermediary function. The availability of financing to businesses and individuals, the prevalence of branches throughout the country as well as the preference status at the collection point as a result of the habits of savings holders, have made deposit banks more active among other financial institutions. Since the banking system affects the whole economy, their performance and their performance evaluation become important. Performance measurement can be defined as one of the most important issues in the financial field. In this study, the relationship between stock return and financial performance of Turkish deposit banks was examined via CRITIC method, TOPSIS method and Spearman’s rank correlation analysis for 2014–2018 periods. According to the results of the analysis, there is no statistically significant correlation between the stock return ranking and financial performance rankings of deposit banks in Turkey.

Suggested Citation

  • M. Esra Atukalp, 2021. "Determining the relationship between stock return and financial performance: an analysis on Turkish deposit banks," Journal of Applied Statistics, Taylor & Francis Journals, vol. 48(13-15), pages 2643-2657, November.
    • Handle: RePEc:taf:japsta:v:48:y:2021:i:13-15:p:2643-2657
    DOI: 10.1080/02664763.2020.1849056
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/02664763.2020.1849056
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/02664763.2020.1849056?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Kofi Opoku-Asante & Collins Owusu Kwaning & Peter Arhenful & Jones Ntiamoah & Gretel Asigbe-Tsriku, 2023. "The Relationship between Bank Deposits and Macroeconomic Variables in Ghana: A Co-Integration Approach," Journal of Economics and Behavioral Studies, AMH International, vol. 15(1), pages 35-44.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:japsta:v:48:y:2021:i:13-15:p:2643-2657. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CJAS20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.