期刊名称：Ömer Halisdemir Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi
电子版ISSN：2564-6931
出版年度：2018
卷号：11
期号：2
DOI：10.25287/ohuiibf.407609
语种：English
出版社：Ömer Halisdemir Üniversitesi
摘要：One of the problems faced frequently by firms is the problem of agency. Agency problem arises from the conflicts in the interests between the firm owners and the managers of the firm and is associated with different kinds of costs. Therefore,it is of great importance for the firms to determine the costs that come about due to this problem. In this study,the aim is to determine the agency costs of logistics firms trading in the Transportation,Warehousing and Forwarding sub sector of Borsa Istanbul (BIST). Panel data analysis was applied to the data collected between the years 2013q1 and 2017q4 from these logistics firms,which is regarded as a strategic sector in both developing and developed countries. Results of the analyses show that there was a significant positive correlation between the independent variable “Tobin’s Q ratio” and the dependent variable “free cash flows” to the firm. However,a significant negative correlation was observed between the independent variables of “borrowing” and “asset size” and the dependent variable “free cash flows”. No significant relationship was found between the independent variable “risk” and the dependent variable.
其他摘要：Firmaların sıklıkla karşılaştığı sorunlardan birisi de temsil sorunudur. Temsil sorunu;firmanın sahipleri (asil) ile firmanın yöneticileri (vekil) arasındaki çıkar çatışmalarından kaynaklanmakta olup söz konusu problemin ortaya çıkardığı maliyetleri tespi
关键词：Agency Problem; Agency Costs; Logistics Sector; Tobin’s Q; Panel Data
其他关键词：Temsil Sorunu; Temsil Maliyetleri Lojistik Sektörü; Tobin Q; Panel Veri
