Quick Access





Bu Dergi DOI ve Crosscheck üyesidir


Summary


IMPACT OF FINANCIAL REPORTING QUALITY ON INVESTMENT EFFICIENCY: AN APPLICATION IN ISTANBUL STOCK EXCHANGE
Financial reporting is one of the most important outputs of the accounting information system that provide necessary information to make a economic desicion and evaluation of profitability and performance of enterprises. On the other hand, financial reporting quality includes the accuracy of reported information to better identify the activities of the companies. Pratically investors wants to get information about cash flow of company’s which will invest. Trustworthy financial reporting information is an element that helps managers to make invesment desicion. Financial reporting quality can increase investment efficiency by reducing information asymmetry. In many previous studies, it has been found that financial reporting qualifications increase the investment efficiency. In this context The aim of paper is to determine impact of financial reporting quality on investment efficiency. In accordance with this purpose, the data for 70 companies operating in the manufacturing industry in BIST (Istanbul Stock Exchange) are utilized from between the years 2010-2014. As dependent variable in this research, investment efficiency is used and financial reporting quality is used as independent variable. In this study, panel data analysis panel regression analysis is conducted. In the result of analysis shows that there is a negative correlation between financial reporting quality and investment efficiency (for low or excessive investments.

Keywords
Financial Reporting Quality, Investment Efficiency, Istanbul Stock Exchange.

Advanced Search


Announcements

    ORCID NO

    Starting from the month of September 2017, ORCID information will be included  in the articles which will be published in our journal. The authors have to identify their ORCID information in their articles for the articles to be published which are sent to our journal and have gone through a positively reviewer process. You can get ORCID number from https://orcid.org/ address.


    PUBLICATION LANGUAGE

    From the month of December 2017, the articles which will be sent to the journal have to be uploaded to the system in English. The articles which do not comply with the format will not be taken under review.



Address :Mersin Üniversitesi Eğitim Fakültesi Yenişehir-Mersin
Telephone :0 324 361 00 01 Fax :0 324 361 00 15
Email :avrasyadergisi@gmail.com

Web Yazılım & Programlama Han Yazılım Bilişim Hizmetleri