IDEAS home Printed from https://ideas.repec.org/a/and/journl/v9y2009i1p47-62.html
   My bibliography  Save this article

The Analysis Of Financial Fragility’S Effects On Textile Industry With The Assistance Of Financial Ratios- 1992-2003 Analysis

Author

Listed:
  • Arman Aziz Karagul
  • Bilge Kagan Ozdemir

    () (Anadolu University)

Abstract

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.

Suggested Citation

  • Arman Aziz Karagul & Bilge Kagan Ozdemir, 2009. "The Analysis Of Financial Fragility’S Effects On Textile Industry With The Assistance Of Financial Ratios- 1992-2003 Analysis," Anadolu University Journal of Social Sciences, Anadolu University, vol. 9(1), pages 47-62, June.
  • Handle: RePEc:and:journl:v:9:y:2009:i:1:p:47-62
    as

    Download full text from publisher

    File URL: http://www.anadolu.edu.tr/arastirma/hakemli_dergiler/sosyal_bilimler/pdf/2009-1/2009_01_03.pdf
    Download Restriction: no

    More about this item

    Keywords

    Textile Industry; Financial Shock; Financial Ratios; Factor Analysis; Discriminant Analysis;

    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; Personnel Economics - - Accounting - - - Accounting

    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:and:journl:v:9:y:2009:i:1:p:47-62. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Social Sciences Institute). General contact details of provider: http://edirc.repec.org/data/iianatr.html .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.