Does Firm Age Affect Profitability? Evidence From Turkey

dc.contributor.authorAkben Selçuk, Elif
dc.date.accessioned2019-06-27T08:01:59Z
dc.date.available2019-06-27T08:01:59Z
dc.date.issued2016
dc.departmentFakülteler, İşletme Fakültesi, İşletme Bölümüen_US
dc.description.abstractThe 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.citation25
dc.identifier.doi10.20472/ES.2016.5.3.001en_US
dc.identifier.endpage9
dc.identifier.issn1804-9796en_US
dc.identifier.issn1804-9796
dc.identifier.issue3
dc.identifier.startpage1en_US
dc.identifier.urihttps://hdl.handle.net/20.500.12469/523
dc.identifier.urihttps://doi.org/10.20472/ES.2016.5.3.001
dc.identifier.volume5en_US
dc.identifier.wosWOS:000390197800001en_US
dc.institutionauthorAkben Selçuk, Elifen_US
dc.institutionauthorSelçuk, Elif Akben
dc.language.isoenen_US
dc.publisherInt Inst Social & Economics Sciences-IISESen_US
dc.relation.journalInternational Journal Of Economic Sciencesen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectFirm ageen_US
dc.subjectFirm Life Cycleen_US
dc.subjectFinancial Performanceen_US
dc.subjectProfitabilityen_US
dc.subjectFixed Effects Modelen_US
dc.subjectEmerging Marketsen_US
dc.subjectTurkeyen_US
dc.titleDoes Firm Age Affect Profitability? Evidence From Turkeyen_US
dc.typeArticleen_US
dspace.entity.typePublication
relation.isAuthorOfPublicationacec0688-8a21-4dee-aa3d-6169903c27ca
relation.isAuthorOfPublication.latestForDiscoveryacec0688-8a21-4dee-aa3d-6169903c27ca

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