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

Atukalp, M. Esra

doi:10.1080/02664763.2020.1849056

Cited by 9 publications

(5 citation statements)

References 15 publications

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“…This tool is used to detect correlations between variables and related trends. Examples of applications of the mentioned methodology are works by Aras et al [50] or Esra Atukalp [51]. It is a non-parametric measure used, among others, as a descriptive statistic that paints a picture of the dependency strength when analyzing two variables.…”

Section: Methodsmentioning

confidence: 99%

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Taxation Preferences and the Uptake of Hybrid and Electric Vehicles in Poland’s Ten Largest Cities: A Case Study

Witkowski,

Kusio,

Fiore

et al. 2024

Sustainability

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The purpose of this article is to explore whether and based on what criteria local governments employ reduced tax rates on means of transportation to encourage hybrid and electric vehicles. The study also aims to determine if there has been a more rapid increase in the number of means of transportation powered entirely or partially by electricity in local government units that have implemented more substantial incentives. The study encompasses the ten largest cities in Poland and the years 2018–2020. To achieve the above research objectives, an analysis of the texts of the resolutions of the city councils was carried out in terms of the tax rates in effect during the selected period. On the basis of the relevant amounts provided in the resolutions, the amount of concessions resulting from the application of lower tax rates was calculated, and the criteria for the use of these concessions related to the level of emissivity were presented. To assess the potential correlation between the scale of tax preferences and the dynamics of growth in the number of hybrid and electric vehicles, a statistical tool in the form of Spearman’s rank correlation coefficient was used for a thorough data analysis. The results suggest that municipalities use their authority to introduce differentiated tax rates on means of transportation. However, those utilizing hybrid and electric vehicles are more likely to employ these powers on an equal basis, with owners of vehicles adhering to lower emission standards covered by EURO standards. In addition, there was no positive correlation between the amount of tax credits and the rate of growth in the number of reduced-emission vehicles. This work can foster a green mindset and societal nature-based new thinking.

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Section: Methodsmentioning

confidence: 99%

“…Spearman's statistics are occasionally employed in quantitative research, particularly when dealing with relatively small sample sizes. Spearman's statistics are sometimes used in quantitative research, especially when the studied samples are characterized by relatively small numbers [51,52].…”

Section: Methodsmentioning

confidence: 99%

Taxation Preferences and the Uptake of Hybrid and Electric Vehicles in Poland’s Ten Largest Cities: A Case Study

Witkowski,

Kusio,

Fiore

et al. 2024

Sustainability

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“…olduğu sonucuna varmıştır. Atukalp (2020); Türk mevduat bankalarının 2014-2018 yılları arasında hisse senedi getirileri ile finansal performansları arasındaki ilişkiyi CRITIC, TOPSIS yöntemi ve Spearman sıra korelasyon analizi ile incelemiştir. Çalışma sonucunda 2018 yılı haricinde diğer yıllarda finansal performansı en yüksek bankanın Akbank olduğu ortaya çıkmıştır.…”

Section: Literatürunclassified

Critic Temelli Promethee ve Edas Teknikleriyle Bankaların Finansal Performanslarının Belirlenerek Karşılaştırılması

SÜZÜLMÜŞ,

YAKUT

2024

MANAS Sosyal Araştırmalar Dergisi

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Bu çalışmada, Türkiye’de faaliyetini sürdüren Türkiye Bankalar Birliği’nin web sitesinden seçilen üçü kamu sermayeli, sekizi özel sermayeli ve onu yabancı sermayeli olmak üzere toplam 21 bankanın 2014-2021 yılları arasındaki finansal performanslarını değerlendirmek amacıyla Çok Kriterli Karar Verme (ÇKKV) yöntemlerinden PROMETHEE ve EDAS yöntemleri uygulanmıştır. Literatürde en çok yer alan toplam sekiz finansal kiter kullanılarak, kriterler ÇKKV yöntemlerinden CRITIC yöntemiyle ağırlıklandırılarak bankaların finansal performansları sıralanmış, yöntemlerden elde edilen sonuçlar birbirleriyle karşılaştırılarak yorumlanmıştır. CRITIC analiziyle en yüksek ağırlığı bulunan kriterin net faiz marjı miktarının olduğu, en düşük ağırlığı olan kriterin toplam mevduat miktarının olduğu ortaya çıkmıştır. Araştırma sonucunda; PROMETHEE ve EDAS analizi uygulamasıyla yıllar itibari ile en yüksek performansı kamu sermayeli bankalardan T.C. Ziraat Bankası A.Ş.’nin gösterdiği belirlenirken; en düşük performansı gösteren bankanın ise PROMETHEE yönteminde özel sermayeli bankalardan Adabank A.Ş. ve EDAS yönteminde ise yabancı sermayeli bankalardan Arap Türk Bankası A.Ş.’nin olduğu ortaya çıkmıştır. Yapılan analizlere göre PROMETHEE ve EDAS yöntemlerinin banka performanslarını belirlemede verimli ve etkili değerlendirme yöntemleri olduğu sonucuna varılmıştır.

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“…Subsequently, the alternative closest to the PIS (i.e., furthest to NIS) is considered to be the best choice while trading off the impacts of the conflicting criteria. TOPSIS has been used in investment decision making quite frequently (for instance, Atukalp, 2021;Biswas et al, 2019;Hassanzadeh & Valmohammadi, 2021;Karmakar et al, 2018;Vásquez et al, 2021). The algorithmic steps for TOPSIS method is given in Table 3.…”

Section: A) Dp Omnibus Testmentioning

confidence: 99%

An integrated framework for classification and selection of stocks for portfolio construction: Evidence from NSE, India

Gupta¹,

Bandyopadhyay²,

Biswas³

et al. 2023

Decis. Mak. Appl. Manag. Eng.

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Investment extortion in the stock market is a crucial aspect considered by the investors. Therefore, investors implemented different strategies. This study was intended at constructing an investment portfolio (IP) of stocks within the NSE 100 listed companies of Non-parametric nature, fulfilling the basic premise of portfolio making that is, reducing risks while yielding an attractive return higher than any other instrument for the investors. Using DP omnibus test, the desired sample of companies following the non-normal distribution was achieved. Using financial beta, we have selected the outcome based on the nature of their ‘return’ and ‘risk'. We introduce TOPSIS (Technique for order of performance by similarity to ideal solution), a multi-criteria decision-making process (MCDM) to study the profitability of stocks, rank wise for each year, and finally, the Bayes portfolio model help to select the overall profitability associate with low risk for the construction of the portfolio.

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

Cited by 9 publications

References 15 publications

Taxation Preferences and the Uptake of Hybrid and Electric Vehicles in Poland’s Ten Largest Cities: A Case Study

Taxation Preferences and the Uptake of Hybrid and Electric Vehicles in Poland’s Ten Largest Cities: A Case Study

Critic Temelli Promethee ve Edas Teknikleriyle Bankaların Finansal Performanslarının Belirlenerek Karşılaştırılması

An integrated framework for classification and selection of stocks for portfolio construction: Evidence from NSE, India

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