Teknoloji̇ Yoğunluğuna Göre Fi̇nansal Başarisizlik Tahmi̇n Modelleri̇ Deği̇şi̇r Mi̇? İmalat Sanayi̇ Sektörü Üzeri̇ne Bi̇r Uygulama (original) (raw)

An efficient production process increases the welfare of countries by reducing dependence on industry, trade and energy. The production success of a country develops simultaneously with the support provided by the manufacturing sector to the national economy. Especially in developing countries, the agricultural sector, which has a significant share in the economy, starts to relocate with to the production economy in the future due to the development process of the country. Even, countries create their production components with products that require lighter technology, shifting them to high technology products with the help of increasing technology, knowledge, and skilled workforce. The changing and constantly developing conjuncture leads countries to produce more qualified and 'good' products. That is why the success of the companies operating in the manufacturing sector is the power and success of the manufacturing sector for a country. The concept of financial failure emerges as a result of the failure of enterprises to fulfill their obligations in the short and long term. Financial failure can be caused by both financial structure such as insufficient working capital and external causes such as excessive borrowing and economic developments, exchange rate fluctuations, the competitive situation experienced in the sector. Knowing the factors within the company that affect financial success is important for the company's itself and its environment.Considering all these concepts above, in this study, the factors affecting the financial success / failure of the companies listed on BIST in 2012-2015 were investigated by factor analysis and logistic regression analysis in the context of technology intensity and financial ratios of the firms. The findings of the research were interpreted.