Determinants of investment in the manufacturing sector in Turkey

dc.contributor.advisorOrhangazi, Özgüren_US
dc.contributor.authorOrhangazi, Özgür
dc.date.accessioned2019-07-12T08:29:44Z
dc.date.available2019-07-12T08:29:44Z
dc.date.issued2017
dc.departmentEnstitüler, Lisansüstü Eğitim Enstitüsü, Ekonomi Ana Bilim Dalıen_US
dc.department-tempKadir Has University : Graduate School of Social Sciencesen_US
dc.description.abstractThis dissertation focuses on the determinants of investment in Turkish manufacturing sector. it gives a detailed framework and complementary analysis of the determinants of investment in Turkish manufacturing sector. First i examine the financing constraints hypothesis for the manufacturing sector. The financing constraints have a controversial place in the current literature and for Turkey there has been a limited literature in this field even-though the relation between financing constraints and investment has traditionally had a special place in investment studies. Second i analyze the relation between cash holding or staying liquidity and investment as well as the effect of cash holdings on investment. Third i examine the effect of profitability on investment for Turkish manufacturing sector. Fourth i review the effect of free cash flow on investment. i use free cash flows to examine the relationship between underinvestment and financing constraints. i also investigate the effect of different institutional aspects of investment such as holding structures and TUSiAD membership. This dissertation offers a detailed contribution to the understanding of investment behavior of publicly held firms in the manufacturing sector in Turkey. Moreover this dissertation gives a comprehensive framework for measuring financing constraints for investment decisions. Finally this dissertation makes a significant contribution to linking the conditions of financing constraints and underinvestment.en_US]
dc.identifier.urihttps://hdl.handle.net/20.500.12469/1830
dc.identifier.yoktezid624576en_US
dc.language.isoenen_US
dc.publisherKadir Has Üniversitesien_US
dc.relation.publicationcategoryTezen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectinvestmenen_US
dc.titleDeterminants of investment in the manufacturing sector in Turkeyen_US
dc.typeDoctoral Thesisen_US
dspace.entity.typePublication
relation.isAuthorOfPublicationaad6bd22-3f32-4c7f-b625-51b081f50ddd
relation.isAuthorOfPublication.latestForDiscoveryaad6bd22-3f32-4c7f-b625-51b081f50ddd

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