AR-GE YATIRIMLARININ FİNANSAL PERFORMANS ÜZERİNE ETKİSİNİN VERİ ZARFLAMA ANALİZİ İLE İNCELENMESİ

Araştırma ve Geliştirme (Ar-Ge) faaliyeti, yaratıcılık ve yeniliklerin ortaya çıkmasını sağlar. Bu sayede, değişimler meydana gelir. İşletmelerin rekabet üstünlüğü kazanmalarına ve sürdürülebilir bir büyüme ivmesi yakalamalarına katkıda bulunur, başarılı bir finansal performans göstermelerinde önemli bir rol oynar. Bu doğrultuda araştırmada Ar-Ge yatırımlarının 2010-2019 yılları arasında BIST TUM endeksinde işlem gören ve 9 farklı sektörde faaliyet gösteren 18 şirketin finansal performanslarına etkisi Veri Zarflama Analizi ile incelenmiştir. Analiz sonucunda orman ürünleri-mobilya sektöründe yer alan GENTS şirketinin ve madencilik sektöründe yer alan KOZAA şirketinin en yüksek etkinlik düzeyine; otomotiv sektöründe yer alan OTKAR şirketinin ve gıda sektöründe yer alan ULKER şirketinin ise en düşük etkinlik düzeyine sahip oldukları tespit edilmiştir.

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