Banking relationship and firm performance

buir.advisorÖnder, Zeynep
dc.contributor.authorSungu, Gözde
dc.date.accessioned2016-01-08T20:06:07Z
dc.date.available2016-01-08T20:06:07Z
dc.date.issued2013
dc.descriptionAnkara : The Department of Management, İhsan Doğramacı Bilkent Univ., 2013.en_US
dc.descriptionThesis (Master's) -- Bilkent University, 2013.en_US
dc.descriptionIncludes bibliographical references.en_US
dc.description.abstractThis thesis examines the relationship between firm performance and the number of banking relationships for the publicly traded Turkish firms listed in the Borsa Istanbul (BIST) for the period 2003-2011, by using 2SLS model. In the analysis, banks are categorized according to their nationalities, ownership structures and orientations; firms are classified based on their size as small and large, the sample period is divided into two as crisis and non- crisis years, considering the effect of the 2008 global crisis on the Turkish economic and financial system. I find that firm performance decreases as the number of banking relationships increases, regardless of bank types. However, this negative relationship between firm performance and the number of banks is observed only in non-crisis times and for only small-sized firms. I also find that firm age, size, obtaining funding from external sources other than bank loans, belonging to a group, related lending, being a multinational company, incentives obtained from government and state-ownership are significant factors affecting the number of banking relationships. However, the significances of these variables differ for different bank and firm types, and for sub-periods.en_US
dc.description.provenanceMade available in DSpace on 2016-01-08T20:06:07Z (GMT). No. of bitstreams: 1 0007040.pdf: 775773 bytes, checksum: f61fd360afb88a1e8d95d347d2a87db7 (MD5)en
dc.description.statementofresponsibilitySungu, Gözdeen_US
dc.format.extentvi, 132leavesen_US
dc.identifier.urihttp://hdl.handle.net/11693/17067
dc.language.isoEnglishen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectbanking relationshipen_US
dc.subjectfirm sizeen_US
dc.subjectcrisisen_US
dc.subjectfirm performanceen_US
dc.subject.lccHG1616.R44 S85 2013en_US
dc.subject.lcshRelationship banking.en_US
dc.subject.lcshBanks and banking.en_US
dc.subject.lcshBusiness enterprises--Finance--Management.en_US
dc.subject.lcshCorporations--Turkey--Finance.en_US
dc.subject.lcshRisk management.en_US
dc.subject.lcshCorporate governance.en_US
dc.titleBanking relationship and firm performanceen_US
dc.typeThesisen_US
thesis.degree.disciplineBusiness Administration
thesis.degree.grantorBilkent University
thesis.degree.levelMaster's
thesis.degree.nameMBA (Master of Business Administration)

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