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The Effects of 2008 Global Economic Crisis to Financial Statements and to Liquidity Ratio which one are Cote in BIST Energy Sector


  • Selcuk KENDIRLI

    () (Hitit University, FEAS Banking and Finance, Turkey,)


Aim of this study is to compare and analyze whether the 2008 global economic crisis affected the balance of the energy companies which are listed in the Ä°stanbul Stock Exchange and have shown continuity in 2005-2013 period by using a variety of analyzing methods. Companies that demonstrate continuity between the years 2005-2013 were not assessed in this study. Horizontal and vertical analyses were made on the financial statements of the companies which are evaluated and liquidity ratios were assessed. As a result of the analysis the companies have been found to be affected to different degrees by the crisis.

Suggested Citation

  • Selcuk KENDIRLI, 2016. "The Effects of 2008 Global Economic Crisis to Financial Statements and to Liquidity Ratio which one are Cote in BIST Energy Sector," International Conference on Economic Sciences and Business Administration, Spiru Haret University, vol. 3(1), pages 189-200, October.
  • Handle: RePEc:icb:wpaper:v:3:y:2016:i:1:189-200

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    Financial Crisis; Balance Sheets; Financial Analysis;

    JEL classification:

    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy


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