%0 Journal Article
%T ANALYSIS OF THE EFFECTIVENESS OF THE RESERVES FOR THE PROTECTION OF THE CAPITAL IN THE TURKISH COMMERCIAL CODE
%A F£¿rat ALTINKAYNAK
%A Selahattin KARABINAR
%J -
%D 2018
%X The reason of article 519 of Turkish Commercial Code is expressed as ¡°To protect the capital, to ensure the continuity to companies and to cover the losses¡± in the justification of article 519 in TCC. The aim of this study is to investigate whether the compulsory reserve funds that have been separated serve to protect the capital. It has been analyzed whether the loss of monetary value paid-in capital could be met through compulsory reserve funds in this context. It has been came into the open that the reserve funds which are seperated as a legal compulsory could not meet the decrease in the monetary value of the capital with the exception of periods when the period profit exceeds the paid-in capital on the result of this study. The natural consequence of this situation is that the companies¡¯ s capital is on the wane as a invisible form. As a solution of this problem, it is suggested that ¡°the ratio of the compulsory reserve fund must tied up to the inflation¡¯s ratio of the year¡±
%K Yedek ak£¿e
%K Sermayenin Korunmas£¿
%K £¿irketin S¨¹reklili£¿i
%U http://dergipark.org.tr/mbdd/issue/42789/518370