COVID-19'un BIST İmalat Sektörü Firmalarına Olan Finansal Etkilerinin Finansal Oranlar ve İstatistiksel Tekniklerle İncelenmesi

Serkan YÜCEL, İsmail DURAK
2021 Muhasebe ve Finansman Dergisi  
The purpose of this study is to determine the financial effects of COVID-19 on BIST Manufacturing Sector Firms. For this purpose, 18 financial ratios were calculated under 4 titles by examining the financial statements of the Manufacturing Sector Companies traded in Borsa Istanbul, the first six months of 2019 and 2020. Then, using the financial ratios of the first six months of 2019, which is the period before COVID-19, and the financial ratios of the first six months of 2020, which is the
more » ... 0, which is the period after COVID-19, the average changes of the manufacturing sector as a whole and on a sectoral basis were calculated with weighted arithmetic average, taking into account the asset sizes of the companies. Then, to determine whether there was a difference between the two periods in terms of financial rates, the Wilcoxon Sign test was also used. When the changes in the financial ratio means of the two periods and the revenues of the firms were examined, it was observed that a significant change was observed in the manufacturing sector in terms of "Liquidity Ratios", while a negative change was observed in terms of "Profitability Ratios". In addition, the research results indicate that while the pandemic negatively affected the Main Metal Industry and the Textile, Clothing and Leather Industry, companies in other sectors were affected differently according to the characteristics of the pandemic period. While it was observed that companies producing products such as pharmaceuticals, disinfectants, basic food and packaging, whose demand increased during the pandemic period, were positively affected, it was observed that companies producing other products were negatively affected in line with the general results.
doi:10.25095/mufad.813411 fatcat:ko4zlk5tnfbjresc2666sbzfii