- Trends in Business and Economics
- Volume:37 Issue:4
- The Correlation Between Logistics Performance, Financial Performance, and Stock Price in the Borsa I...
The Correlation Between Logistics Performance, Financial Performance, and Stock Price in the Borsa Istanbul Transportation and Storage Sector
Authors : Ahmet Karaca
Pages : 292-299
View : 126 | Download : 159
Publication Date : 2023-10-15
Article Type : Research Paper
Abstract :This study aimed to investigate the correlation between the logistics performances, financial per- formances, and stock prices of the companies listed in the Borsa Istanbul Transportation and Storage Sector. Therefore, the logistic performances and financial performances of the compa- nies included in the study were calculated using the performance measurement methods based on the ratios using the financial statement data between 2012 and 2021. The Financial Statement data of the companies were obtained from the Public Disclosure Platform. In the study, the cor- relation between the logistics performances, financial performances, and stock prices of the com- panies and the measure of the correlation between the variables were examined using the panel data regression analysis. The results of the analysis revealed that the logistics performance of the companies positively affected their financial performance, and the predicted correlation coeffi- cient was statistically significant. Similarly, the financial performance of the companies was found to positively affect their stock prices and the predicted correlation coefficient was found to be statistically significant.Keywords : Finansal performans, lojistik performans, panel veri, hisse senedi fiyatı