Supply Chain Finance: Financial Performance, Competition and Market Value Analyses in Turkey


GÜN M.

Contributions to Finance and Accounting, Springer Nature, ss.193-206, 2021 identifier

  • Yayın Türü: Kitapta Bölüm / Araştırma Kitabı
  • Basım Tarihi: 2021
  • Doi Numarası: 10.1007/978-3-030-68612-3_14
  • Yayınevi: Springer Nature
  • Sayfa Sayıları: ss.193-206
  • Recep Tayyip Erdoğan Üniversitesi Adresli: Evet

Özet

This study investigates the impacts of supply chain finance on the companies’ financial performance, competitiveness, and market value indicators in Turkey. In this context, firstly, supply chain finance and its framework are introduced. Afterwards, based on the literature review, the potential benefits of supply chain finance solutions are analysed by the Wilcoxon test. According to the analysis findings, the leading companies in the sample set have substantially extended the days of payables outstanding and increased net sales growth after supply chain finance implementation. On the other hand, it is found that the changes in return on asset, return on equity, market value, cash conversion cycle, and competition indicators are not statistically significant. Consequently, in Turkey, the concept of supply chain finance is a new topic and the Trade Chain Finance System has been just launched to gather various actors and solutions in supply chain finance. In this regard, the results of this study can contribute to the literature and also can provide a foundation for the development of supply chain finance in Turkey.