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ÇİMENTO SEKTÖRÜNDE REKABET VE FİRMA PERFORMANSI: TÜRKİYE ÖRNEĞİ

Year 2018, Issue: 4, 117 - 133, 01.10.2018

Abstract

Bu çalışmanın amacı, Borsa İstanbul’da işlem gören çimento şirketlerinin
performanslarının sektörel rekabet düzeyinden etkilenme durumunun
araştırılmasıdır. Çalışma, 1990-2014 dönemini konu almaktadır. Çalışmada, firma
performansının bağımlı değişken; aralarında rekabet düzeyinin de bulunduğu bazı
kontrol değişkenlerinin bağımsız değişken olarak kullanıldığı bir panel veri modeli
oluşturulmuştur. Panel veri regresyon analizi sonuçları, çimento sektöründe sektörel
rekabet düzeyi ile firma performansı arasında doğrusal olmayan bir ilişki bulunduğunu
göstermiştir. Bununla birlikte performansın, firma ölçeği, kaldıraç oranı ve
duran varlık oranındaki artıştan olumsuz yönde etkilendiği saptanmıştır. 

References

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  • AL-RFOU, A. N., (2012), Competition and Organizational Performance: Empirical Evidence from Jordanian Firms, Journal of Economics, 3(1), 13-17.
  • ANGELUCCI, M., S. ESTRIN, J. KONINGS, ve Z. ZOLKIEWSKI, (2002), The Effect of Ownership and Competitive Pressure on Firm Performance in Transition Countries: Micro Evidence from Bulgaria, Romania and Poland, William Davidson Working Paper, No: 434 .
  • BECERRA, M. ve G. MARKARIAN, (2013) The Bowman Paradox and Industry Competition: Dynamics of the Risk-Performance Relationship, Paper presented in XXXVIII Jornadas de Economia Industrial, 1-40.
  • CARLIN, W., S. FRIES, M. SCHAFFER, ve P. SEABRIGHT, (2001), Competitional Enterprise Performance in Transition Economies: Evidence from a Cross-Country Survey, EBRD WorkingPaper, No: 63.
  • CHONG V. K. ve M. J. RUNDUS, (2004), Total quality management, market competition and organizational performance, British Accounting Review, 36, 155-172.
  • ÇELEN, A. ve B. GÜNALP, (2010), Do Investigations of Competition Authorities Really Increase The Degree of Competition? An Answer from Turkish Cement Market, Prague Economic Papers, 2, 150-168.
  • Doğu Akdeniz Kalkınma Ajansı, (2015), TR63 Bölgesi Çimento Sektörü Raporu, http://www.dogaka.gov.tr/Icerik/Dosya/www.dogaka.gov.tr_626_KN2F58CG_cimento-Sektor-Raporu-2015.pdf, Erişim Tarihi: 23.06.2016.
  • GUNDAY, G., G. ULUSOY, K. KILIC ve L. ALPKAN, (2011), Effects of innovation types on firm performance, International Journal of Production Economics, 133, 662–676.
  • HANSEN, G. S. ve B. WERNERFELT, (1989), Determinants of Firm Performance: The Relative Importance of Economic and Organizational Factors, Strategic Management Journal, 10(5), 399-411.
  • HASHI, I. ve N. STOJCIC, (2013), The impact of innovation activities on firm performance using a multi-stage model: Evidence from the Community Innovation Survey, Research Policy, 42, 353– 366.
  • KLETTE, T. J., (1996), R&D, Scope Economies, and Plant Performance, RAND Journal of Economics, 27(3), 502-522.
  • KLOMP, L. ve G. V. LEEUWEN, (2001), Linking Innovation and Firm Performance: A New Approach, International Journal of the Economics of Business, 8(3), 343-364.
  • KONINGS, J., (1998), Firm performance in Bulgaria and Estonia: The effects of competitive pressure, financial pressure and disorganization, The William Davidson Institute Working Paper, No. 185.
  • MEDVEDEV, A. ve A. ZEMPLINEROVÁ, (2005), Does Competition Improve Performance? Evidence From The Czech Manufacturing Industries, Prague Economic Papers, 4, 317-330.
  • NICKELL, S. J. (1996), Competition and corporate performance, Journal of Political Economy, 104(4), 724-746.
  • NICKELL, S., D. NICOLITSAS ve N. DRYDEN, (1997), What makes firms perform well?, European Economic Review, 41, 783-796.
  • SCHMIDT, K. M., (1997), Managerial incentives and product market competition, Review of Economic Studies, 64(2), 191-213.
  • SILVERMAN, B. S., (2002), The Theory of the Growth of the Firm, Studies in Global Competition Series. Newyork.
  • Türkiye Cumhuriyeti Ekonomi Bakanlığı, (2016), Çimento Sektörü Raporu, No: 2523, https://www.ekonomi.gov.tr/portal/content/conn/UCM/uuid/dDocName:EK-221758;jsessionid=b0My_nzEijhBIMTUeh-xnUoltuHwIjiaRXSzaPABgzRYEWYh2a2_!1837375366, (Erişim Tarihi: 23.06.2016).
  • TOOB Yayını, (2014), Türkiye Çimento ve Çimento Ürünleri Meclisi Sektör Raporu 2012, No: 2014/239, http://www.tobb.org.tr/Documents/yayinlar/2014/turkiye%20cimento%20ve%20cimento%20%C3%BCr%C3%BCnleri%20meclisi%20sektor%20raporu%202012.pdf, (Erişim Tarihi:21.06.2016).
  • WARZYNSKI, F., (2003), Managerial change, competition, and privatization in Ukraine, Journal of Comparative Economics, 31, ss. 297–314.
  • WANG, S., Y. JOU, K. CHANG ve K. WU, (2014), Industry Competition, Agency Problem, and Firm Performance, Romanian Journal of Economic Forecasting, 16(4), 76-93.
Year 2018, Issue: 4, 117 - 133, 01.10.2018

Abstract

References

  • AGHION, P., C. HARRIS, P. HOWITT, ve J. VICKERS, (2001), Competition, Imitation and Growth with Step-by-Step Innovation, Review of Economic Studies, 68(3), July, 467-492.
  • AL-RFOU, A. N., (2012), Competition and Organizational Performance: Empirical Evidence from Jordanian Firms, Journal of Economics, 3(1), 13-17.
  • ANGELUCCI, M., S. ESTRIN, J. KONINGS, ve Z. ZOLKIEWSKI, (2002), The Effect of Ownership and Competitive Pressure on Firm Performance in Transition Countries: Micro Evidence from Bulgaria, Romania and Poland, William Davidson Working Paper, No: 434 .
  • BECERRA, M. ve G. MARKARIAN, (2013) The Bowman Paradox and Industry Competition: Dynamics of the Risk-Performance Relationship, Paper presented in XXXVIII Jornadas de Economia Industrial, 1-40.
  • CARLIN, W., S. FRIES, M. SCHAFFER, ve P. SEABRIGHT, (2001), Competitional Enterprise Performance in Transition Economies: Evidence from a Cross-Country Survey, EBRD WorkingPaper, No: 63.
  • CHONG V. K. ve M. J. RUNDUS, (2004), Total quality management, market competition and organizational performance, British Accounting Review, 36, 155-172.
  • ÇELEN, A. ve B. GÜNALP, (2010), Do Investigations of Competition Authorities Really Increase The Degree of Competition? An Answer from Turkish Cement Market, Prague Economic Papers, 2, 150-168.
  • Doğu Akdeniz Kalkınma Ajansı, (2015), TR63 Bölgesi Çimento Sektörü Raporu, http://www.dogaka.gov.tr/Icerik/Dosya/www.dogaka.gov.tr_626_KN2F58CG_cimento-Sektor-Raporu-2015.pdf, Erişim Tarihi: 23.06.2016.
  • GUNDAY, G., G. ULUSOY, K. KILIC ve L. ALPKAN, (2011), Effects of innovation types on firm performance, International Journal of Production Economics, 133, 662–676.
  • HANSEN, G. S. ve B. WERNERFELT, (1989), Determinants of Firm Performance: The Relative Importance of Economic and Organizational Factors, Strategic Management Journal, 10(5), 399-411.
  • HASHI, I. ve N. STOJCIC, (2013), The impact of innovation activities on firm performance using a multi-stage model: Evidence from the Community Innovation Survey, Research Policy, 42, 353– 366.
  • KLETTE, T. J., (1996), R&D, Scope Economies, and Plant Performance, RAND Journal of Economics, 27(3), 502-522.
  • KLOMP, L. ve G. V. LEEUWEN, (2001), Linking Innovation and Firm Performance: A New Approach, International Journal of the Economics of Business, 8(3), 343-364.
  • KONINGS, J., (1998), Firm performance in Bulgaria and Estonia: The effects of competitive pressure, financial pressure and disorganization, The William Davidson Institute Working Paper, No. 185.
  • MEDVEDEV, A. ve A. ZEMPLINEROVÁ, (2005), Does Competition Improve Performance? Evidence From The Czech Manufacturing Industries, Prague Economic Papers, 4, 317-330.
  • NICKELL, S. J. (1996), Competition and corporate performance, Journal of Political Economy, 104(4), 724-746.
  • NICKELL, S., D. NICOLITSAS ve N. DRYDEN, (1997), What makes firms perform well?, European Economic Review, 41, 783-796.
  • SCHMIDT, K. M., (1997), Managerial incentives and product market competition, Review of Economic Studies, 64(2), 191-213.
  • SILVERMAN, B. S., (2002), The Theory of the Growth of the Firm, Studies in Global Competition Series. Newyork.
  • Türkiye Cumhuriyeti Ekonomi Bakanlığı, (2016), Çimento Sektörü Raporu, No: 2523, https://www.ekonomi.gov.tr/portal/content/conn/UCM/uuid/dDocName:EK-221758;jsessionid=b0My_nzEijhBIMTUeh-xnUoltuHwIjiaRXSzaPABgzRYEWYh2a2_!1837375366, (Erişim Tarihi: 23.06.2016).
  • TOOB Yayını, (2014), Türkiye Çimento ve Çimento Ürünleri Meclisi Sektör Raporu 2012, No: 2014/239, http://www.tobb.org.tr/Documents/yayinlar/2014/turkiye%20cimento%20ve%20cimento%20%C3%BCr%C3%BCnleri%20meclisi%20sektor%20raporu%202012.pdf, (Erişim Tarihi:21.06.2016).
  • WARZYNSKI, F., (2003), Managerial change, competition, and privatization in Ukraine, Journal of Comparative Economics, 31, ss. 297–314.
  • WANG, S., Y. JOU, K. CHANG ve K. WU, (2014), Industry Competition, Agency Problem, and Firm Performance, Romanian Journal of Economic Forecasting, 16(4), 76-93.
There are 23 citations in total.

Details

Journal Section Articles
Authors

Emel Yucel This is me

Serkan Yılmaz Kandır

Publication Date October 1, 2018
Submission Date May 12, 2017
Published in Issue Year 2018 Issue: 4

Cite

APA Yucel, E., & Kandır, S. Y. (2018). ÇİMENTO SEKTÖRÜNDE REKABET VE FİRMA PERFORMANSI: TÜRKİYE ÖRNEĞİ. Verimlilik Dergisi(4), 117-133.

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