Does Firm Age Affect Profitability? Evidence From Turkey
dc.contributor.author | Akben Selçuk, Elif | |
dc.date.accessioned | 2019-06-27T08:01:59Z | |
dc.date.available | 2019-06-27T08:01:59Z | |
dc.date.issued | 2016 | |
dc.department | Fakülteler, İşletme Fakültesi, İşletme Bölümü | en_US |
dc.description.abstract | The objective of this study is to investigate the impact of firm age on the profitability of Turkish firms listed on Borsa Istanbul. Using a dataset covering the years between 2005 and 2014 and consisting of 302 non-financial firms per year on the average a fixed effects model with robust standard errors is estimated. Results reveal that there is a negative and convex relationship between firm age and profitability measured by return on assets return on equity or gross profit margin. This suggests that younger firms start to see a decline in their profitability from the beginning but they may become profitable again at an old age. Implications are provided. | en_US] |
dc.identifier.citation | 25 | |
dc.identifier.doi | 10.20472/ES.2016.5.3.001 | en_US |
dc.identifier.endpage | 9 | |
dc.identifier.issn | 1804-9796 | en_US |
dc.identifier.issn | 1804-9796 | |
dc.identifier.issue | 3 | |
dc.identifier.startpage | 1 | en_US |
dc.identifier.uri | https://hdl.handle.net/20.500.12469/523 | |
dc.identifier.uri | https://doi.org/10.20472/ES.2016.5.3.001 | |
dc.identifier.volume | 5 | en_US |
dc.identifier.wos | WOS:000390197800001 | en_US |
dc.institutionauthor | Akben Selçuk, Elif | en_US |
dc.institutionauthor | Selçuk, Elif Akben | |
dc.language.iso | en | en_US |
dc.publisher | Int Inst Social & Economics Sciences-IISES | en_US |
dc.relation.journal | International Journal Of Economic Sciences | en_US |
dc.relation.publicationcategory | Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı | en_US |
dc.rights | info:eu-repo/semantics/openAccess | en_US |
dc.subject | Firm age | en_US |
dc.subject | Firm Life Cycle | en_US |
dc.subject | Financial Performance | en_US |
dc.subject | Profitability | en_US |
dc.subject | Fixed Effects Model | en_US |
dc.subject | Emerging Markets | en_US |
dc.subject | Turkey | en_US |
dc.title | Does Firm Age Affect Profitability? Evidence From Turkey | en_US |
dc.type | Article | en_US |
dspace.entity.type | Publication | |
relation.isAuthorOfPublication | acec0688-8a21-4dee-aa3d-6169903c27ca | |
relation.isAuthorOfPublication.latestForDiscovery | acec0688-8a21-4dee-aa3d-6169903c27ca |
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