Browsing by Author "Saygili, Arikan Tarik"

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Citation - WoS: 2
An Analysis of Factors Affecting Credit Scoring Performance in SMEs
(EGE UNIV FAC ECONOMICS & ADMIN SCIENCES, 2019) Ebru Saygili; Arikan Tarik Saygili; Gokhan Isik; Isik, Gokhan; Saygili, Arikan Tarik; Saygili, Ebru; Esendemirli, Ebru
In small and medium enterprises (SMEs) both financial and non-financial indicators related to the company and the large shareholder have significant effects on credit scores. This study explores the hybrid nature of SME credit scoring systems by developing an SME credit scoring model with general indicators financial indicators and intelligence indicators related to the company and the major shareholder. This study is the first to explore the effect of intelligence indicators in credit scoring. It used regression analysis to evaluate real data from 125 SMEs operating in Turkey. Of 17 independent variables 9 had statistically significant relationships with SME credit scores. The paper includes a comprehensive discussion of the implications of these findings.
Citation - WoS: 3
Analysis of Corporate Governance and Financial Sustainability Using the TOPSIS Method
(INT JOURNAL CONTEMPORARY ECONOMICS & ADMINISTRATIVE SCIENCES, 2022) Tarik Saygili Arikan; Miray Gecim; Yucel Ozturkoglu; Ebru Saygili; Saygili, Arikan Tarik; Gecim, Miray; Ozturkoglu, Yucel; Saygili, Ebru
Stakeholders of listed companies are interested in the financial sustainability and corporate governance (CG) issues in the companies. This study aims to explore the relationship between corporate governance practices and financial sustainability in light of OECD principles of corporate governance. Altman's Z-scores and CG ratings of 20 companies listed in the Borsa Istanbul Corporate Governance Index (XKURY) were analyzed using the TOPSIS method. The results obtained in this study show that firms' financial sustainability and corporate governance scores don't move in the same direction for the years from 2013 to 2018.
Citation - WoS: 12
Citation - Scopus: 13
THE EFFECTS OF CORPORATE GOVERNANCE PRACTICES ON FIRM-LEVEL FINANCIAL PERFORMANCE: EVIDENCE FROM BORSA ISTANBUL XKURY COMPANIES
(VILNIUS GEDIMINAS TECH UNIV, 2021) Tarik Saygili Arikan; Ebru Saygili; Alina Taran; Saygili, Arikan Tarik; Saygili, Ebru; Taran, Alina
Corporate governance (CG) is a fundamental criteria for enhancing investors' and stakeholders' trust relatively recently recognized in emerging markets. This study investigates the effects of CG practices on the firm-level financial performance of Borsa Istanbul XKURY-indexed companies during 2007-2019. Four specific aspects of CG are analysed: shareholders' rights public disclosure and transparency stakeholders' rights and board of directors functioning as defined by the Turkish Code of Corporate Governance in line with international principles of CG issued by OECD. Alternative estimations of panel regression analysis indicate a positive association between stakeholder-oriented governance practices and firm-level financial performance expressed by accounting measures for both financial and non-financial companies. Shareholder protection policies have a negative influence on accounting-based performance especially for non-financial industries whereas the corporate practices related to board of directors and public disclosure vary between financial and non-financial entities. These findings contribute to international research on CG implications for emerging markets providing evidence about the importance of stakeholders' protection and the distinctive effects of CG dimensions for corporate financial performance.