IDEAS home Printed from https://ideas.repec.org/a/eas/econst/v19y2021i19p31-42.html
   My bibliography  Save this article

Analysis Of Bist 30 Companies Total Debt Between 2015-2020, Effect Of Currencys Financial Statements And Turkish Accounting Standard

Author

Listed:
  • Y. Ercan ÇALIÅž

    (Marmara Ãœniversitesi)

  • Muhammet HAYBARLIK

    (Marmara Ãœniversitesi)

Abstract

TL/USD exchange rate is stable between 2002 and 2014 so enterprises especially preferred that foreign currency credit to reduce financial cost. Low-interest foreign currency credit also increase the new investment of the enterprises. The foreign debt of the private sector, which was 42.1 billion dollars in 2001, rose to 315.7 billion dollars in 2017, the highest value in the history of the republic. After 2017, declining trend started and decreased to 255.6 billion dollars at the end of 2020. The effect of the decline was the government's policies, especially starting Credit Guarantee Fund application. In this study, the foreign exchange types of the debt stocks of BIST 30 companies (excluding the companies traded on the banking index) under the pressure of exchange rate after 2014 were examined. The study was conducted using the year-end financial data of 23 companies listed in the BIST 30 index between 2015 and 2020.

Suggested Citation

  • Y. Ercan ÇALIÅž & Muhammet HAYBARLIK, 2021. "Analysis Of Bist 30 Companies Total Debt Between 2015-2020, Effect Of Currencys Financial Statements And Turkish Accounting Standard," Eurasian Eononometrics, Statistics and Emprical Economics Journal, Eurasian Academy Of Sciences, vol. 19(19), pages 31-42, February.
    • Handle: RePEc:eas:econst:v:19:y:2021:i:19:p:31-42
    DOI: 10.17740/eas.stat.2021-V19-03
    as

    Download full text from publisher

    File URL: https://eurasianacademy.org/index.php/econstat/article/view/1026
    Download Restriction: no
    File URL: https://libkey.io/10.17740/eas.stat.2021-V19-03?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
    ---><---

    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:eas:econst:v:19:y:2021:i:19:p:31-42. 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: Kutluk Kagan Sumer (email available below). General contact details of provider: https://www.eurasianacademy.org/index.php/econstat .

    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.