The Level of Cash Holdings and Financial Performance: Evidence from Firms Listed on Borsa Istanbul 50 Index

Basit Öğe Kaydı
dc.contributor.authorÖzcan, Ahmet
dc.date.accessioned2025-01-06T17:23:22Z
dc.date.available2025-01-06T17:23:22Z
dc.date.issued2024
dc.departmentAdana Alparslan Türkeş Bilim ve Teknoloji Üniversitesi
dc.description.abstractCash is of great importance to firms operating in emerging economies. Cash, one of the most important assets, creates shareholder value when rationally used by firm management. This paper aims to reveal the relationship between financial performance and cash holdings by using a sample that consists of non-financial firms listed in Borsa Istanbul 50 index. The result of empirical analysis provides strong evidence that financial performance is positively influenced by cash holdings. Further, firm size, capital intensity ratio and current ratio did not significantly influence the financial performance of sample firms, while financial performance of sample firms is significantly influenced sales growth and financial leverage. Overall, the research findings indicate that firm-specific factors are important factors that affect the relationship between financial performance and cash holdings. The present paper provides important insights for creditors, shareholders and firm management on the impacts of cash holding levels on financial performance.
dc.identifier.doi10.33206/mjss.1281263
dc.identifier.endpage476
dc.identifier.issn1694-7215
dc.identifier.issn1694-7215
dc.identifier.issue2
dc.identifier.startpage467
dc.identifier.trdizinid1232100
dc.identifier.urihttps://doi.org/10.33206/mjss.1281263
dc.identifier.urihttps://search.trdizin.gov.tr/tr/yayin/detay/1232100
dc.identifier.urihttps://hdl.handle.net/20.500.14669/750
dc.identifier.volume13
dc.indekslendigikaynakTR-Dizin
dc.language.isoen
dc.relation.ispartofManas Journal of Social Studies
dc.relation.publicationcategoryMakale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.snmzKA_20241211
dc.subjectFinancial Performance
dc.subjectCash Management
dc.subjectCash Holdings
dc.titleThe Level of Cash Holdings and Financial Performance: Evidence from Firms Listed on Borsa Istanbul 50 Index
dc.typeArticle

Dosyalar

Koleksiyon

TR-Dizin İndeksli Yayınlar Koleksiyonu