%0 Journal Article
%T The Increasing Food Prices and the Evaluation of The Financial Performance of Food Companies Enlisted in Istanbul Stock Exchange
%A Cihan TANRI£¿VEN
%A £¿ahnaz KO£¿O£¿LU
%J -
%D 2018
%X The purpose of this study is to evaluate the financial performance of the Food Companies enlisted in Istanbul Stock Exchange during a period in which the food prices have been rising dramatically. Increasing food prices are supposed to affect the food industry most strongly. This effect could be positive or negative. Increasing food prices may cause higher cost and as a result lower profit for food companies. On the other hand, consumers may go for packed food which is comparably cheaper than fresh fruits, vegetables and meat. That would result in higher sales and profit for food companies. To decide which result is more possible, the food prices in Turkey between years 2012-2017 is revealed. Financial indicators such as profit(loss) equity, total assets and sales revenue have been used to analyze the performance of Tuka£¿, ¨¹lker, Penguen, Tat, Kerevita£¿, Avod, P£¿nar Et and Un and P£¿nar S¨¹t . Then the average of these indicators has been calculated to represent the overall food industry. As a result, although the food prices in Turkey have been increasing, the financial performance of food companies has been improving. For further studies, econometric models will be used to prove the positive effect of food prices on the financial performance of food industry
%K Finansal Piyasalar
%K G£¿da End¨¹strisi
%K Finansal Performans
%U http://dergipark.org.tr/ohuiibf/issue/36514/377005