Capital Budgeting Methods Used in Investment Project Evaluation: The Example of Top 500 Industrial Enterprises of Turkey

dc.contributor.authorÖzekenci, Süreyya Yilmaz
dc.contributor.authorDüzakin, Hatice
dc.date.accessioned2025-03-07T20:03:24Z
dc.date.available2025-03-07T20:03:24Z
dc.date.issued2023
dc.departmentÇağ Üniversitesi
dc.description.abstractThe main aim of this study is to determine the capital budgeting methods preferred by Turkey's Top 500 Industrial Enterprises when evaluating their investment projects and the usage rates of the capital budgeting techniques. Also, it is aimed to determine the relationship between the capital budgeting methods preferred by both Turkey's Top 500 Industrial Enterprises and companies whose stocks are traded in Borsa Istanbul and firm size, exports, year of establishment, financial risk, education level of managers, sector, and firm performance. The study made use of a questionnaire survey. The survey was used as the data collection method in the study and the survey questions were applied to 500 Largest Industrial Enterprises of Turkey announced by the Istanbul Chamber of Industry in 2018, in 2020. The association between the obtained data was shown using logistic regression analysis. The findings indicated that a statistically significant relationship was determined between the education level, sector and firm age in both Turkey's Top 500 Industrial Enterprises and the companies whose stocks are traded in Borsa Istanbul (Istanbul Stock Exchance), and the preferred methods. However, there is no significant relationship was found between the methods preferred by the companies in Turkey's Top 500 Industrial Enterprises and the firm size, there is a significant relationship was found between the methods preferred by the companies whose stocks are traded in Borsa Istanbul and the firm size. A significant relationship was determined between the export and the methods preferred by the companies in Turkey's Top 500 Industrial Enterprises, but a significant relationship was not found between the companies whose stocks are traded in Borsa Istanbul and their export and firm performance.
dc.identifier.doi10.25295/fsecon.1311053
dc.identifier.endpage2176
dc.identifier.issn2564-7504
dc.identifier.issue3
dc.identifier.startpage2149
dc.identifier.trdizinid1196757
dc.identifier.urihttps://doi.org/10.25295/fsecon.1311053
dc.identifier.urihttps://search.trdizin.gov.tr/tr/yayin/detay/1196757
dc.identifier.urihttps://hdl.handle.net/20.500.12507/2617
dc.identifier.volume7
dc.indekslendigikaynakTR-Dizin
dc.language.isoen
dc.relation.ispartofFiscaoeconomia
dc.relation.publicationcategoryMakale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanı
dc.snmzKA_20241226
dc.subjectReal Option Method
dc.subjectCapital Budgeting Techniques
dc.subjectTop 500 Industrial Enterprises of Turkey
dc.titleCapital Budgeting Methods Used in Investment Project Evaluation: The Example of Top 500 Industrial Enterprises of Turkey
dc.typeArticle

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