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Stock Financing as an Alternative Financing Technique and its Applicability in Turkey

Author

Listed:
  • Yunus Ceran

    (Selcuk University)

  • Gamze ?ekero?lu

    (Selcuk University)

  • Merve Öz

    (Selcuk University)

Abstract

Banks are important institutions that finance economies by collecting deposits and lending those deposits as creditors. Today, most of the businesses that need funding sources primarily apply to the banks for receiving loan. Loans provided by banks are classified according to the nature of the loans and the cost of each varies according to their attributes. The important thing is for businesses using the most appropriate loan with the least cost.The concept of ?stock financing? which is often heard recently emerges as an alternative financing technique. Here the main aim is minimizing the cost of seeking new funds and trying to find new funds at the financial value of current inventories of business. In this respect in the study the applicability of stock financing techniques, appearing very attractive for business, in Turkey are discussed.

Suggested Citation

  • Yunus Ceran & Gamze ?ekero?lu & Merve Öz, 2014. "Stock Financing as an Alternative Financing Technique and its Applicability in Turkey," Proceedings of International Academic Conferences 0902954, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:iacpro:0902954
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    References listed on IDEAS

    as
    1. Jonathan R. Macey & Maureen O'Hara, 2003. "The corporate governance of banks," Economic Policy Review, Federal Reserve Bank of New York, vol. 9(Apr), pages 91-107.
    2. Abhiman Das & Saibal Ghosh, 2004. "Corporate Governance in Banking System: An Empirical Investigation," Industrial Organization 0411004, University Library of Munich, Germany.
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    More about this item

    Keywords

    Inventory Management; Stock Financing; Banking; Loan;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

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