TFRS 9’A GEÇİŞİN BORSA İSTANBUL’DA İŞLEM GÖREN BANKALARIN HİSSE SENEDİ FİYATLARINA ETKİLERİ

Bu çalışmanın amacı, finansal durum tablolarında önemli ölçüde finansal araç bulunduran bankalar için TFRS 9’a geçişin, hisseleri Borsa İstanbul’da işlem gören bankaların ortalama hisse fiyatlarında yarattığı etkinin ortaya koyulmasıdır. Bu kapsamda 2016-2018 yılları arasında çeyreklik veriler kullanılarak geçişin halka açık 10 bankanın hisse senedi fiyatları üzerindeki anlamlılığı test edilmiş ve sonuçlara göre TFRS 9 uygulamasının bankaların ortalama hisse fiyatlarını açıklamada anlamlı etkisi bulunduğu sonucuna ulaşılmıştır.

THE TRANSITION AFFECTS TO TFRS 9 ON STOCK PRICES OF LISTED BANKS IN BORSA ISTANBUL

The aim of this study is to determine the effect of the transition to TFRS 9 for banks that have significant financial instruments in the statements of financial statement tables and the effect of the average share prices of the banks whose shares are traded in Borsa Istanbul. In this context, by using quarterly data between 2016-2018, the significance of the transition on the stock prices of 10 public banks was tested and according to the results, it was concluded that TFRS 9 had a significant effect on the average share prices of banks.

PDF

___

Andriantomo and Yudianti, F, (2013). The Value Relevance of Accounting Information at Indonesia Stock Exchange, Being a paper delivered at IBEA, International Conference on Business, Economics, and Accounting, Bangkok – Thailand, on 20 – 23 March 2013.
Bankacılık Denetleme ve Düzenleme Kurumu (2018). TFRS 9 Uyarınca Beklenen Kredi Zararı Karşılığı Hesaplamasına İlişkin Rehber. Erişim Adresi: https://www.bddk.org.tr/ Content Bddk/ dokuman/ mevzuat_0085.pdf Erişim Tarihi: 25.04.2019Bankacılık Denetleme ve Düzenleme Kurumu (2019). Türk Bankacılık Sistemi Temel Göstergeleri Aralık 2018. Erişim Adresi: http://www. bddk.org.tr/ContentBddk/dokuman/ veri_0014_39.pdf Erişim Tarihi: 20 Nisan 2019Bartov, E., Goldberg, S. R., ve Kim, M. (2005), Comparative Value Relevance Among German, US International Accounting Stveards: A German Stock Market Perspective. Journal of Accounting Auditing & Finance, 20(2), 95–119.
Bottaro, F. (2017). The Transition from IAS 39 to IFRS 9: Main Impacts on the Banking Industry (Yayımlanmamış Yüksek Lisans Tezi). Unıversıta Degli Studi Di Padova. Padova.
Callao, S., Jarne, J., ve Lainez, J., (2007). Adoption of IFRS in Spain: Effect on the comparability and relevance of financial reporting, Journal of International Accounting, Auditing and Taxation, 16 (2), 148–178.
Demir, V. (2015). TFRS/UFRS Kapsamında Finansal Araçlar, (Geliştirilmiş İkinci Basım). İstanbul: Nobel Yayınları.
Gujarati, D. N. (2009). Basic Econometrics. Tata McGraw-Hill Education.
Harris, M. S., ve Muller, K. A., (1999). The market valuation of IAS versus US-GAAP accounting measures using Form 20-F reconciliations. Journal of Accounting & Economics, 26(1–3), 285–312.
Horton, J., ve Serafeim, G. (2006). Market response to and the value relevance of reconciliation adjustments from UK GAAP to IFRS GAAP: First evidence from the UK.
Hsiao, C. (2003). Analysis of Panel Data, Second Edition. Cambridge University Press.
Karampinis, N. ve Hevas, D, (2009). The Effect of the Mandatory Application of IFRS on the Value Relevance of Accounting Data: Some Evidence from Greece, European Research Studies, 12 (1), 73-100.
Lin, Z. J., ve Chen, F. (2005). Value Relevance of International Accounting Standards Harmonization: Evidence From A-Share And B-Share Markets İn China. Journal of International Accounting, Auditing and Taxation, 14(2), 79–103.
Miah, M.S. (2012). Value Relevance of Accounting Information and Stock Market Vulnerability - A Study On Listed Companies in Dhaka Stock Exchange, International Journal of Research in Commerce & Management, 3(23).
Paananen, M., (2008). The IFRS Adoption’s Effect on Accounting Quality in Sweden. Working paper, University of Hertfordshire.
Schiebel, A. (2006). Value relevance of German GAAP and IFRS consolidated Financial Reporting: An empirical analysis on the Frankfurt Stock Exchange. Available: SSRN: http://ssrn.com/abstract=916103
Sultanoğlu, B. (2018). Expected Credit Loss Model by IFRS 9 and Its Possible Early Impacts on European and Turkish Banking Sector. Muhasebe Bilim Dünyası Dergisi, 20(3), 476-506.
Kamu Gözetimi, Muhasebe ve Denetim Standartları Kurumu (2018). Finansal Raporlamaya İlişkin Kavramsal Çerçeve. Kamu Gözetimi, Muhasebe ve Denetim Standartları Kurumu (2018). TMS 1 Finansal Tabloların Sunuluşu. Kamu Gözetimi, Muhasebe ve Denetim Standartları Kurumu (2019). TMS 32 Finansal Araçlar: Sunum. Kamu Gözetimi, Muhasebe ve Denetim Standartları Kurumu (2016). TMS 39 Finansal Araçlar: Muhasebeleştirme ve Ölçüm.Kamu Gözetimi, Muhasebe ve Denetim Standartları Kurumu (2019). TFRS 7 Finansal Araçlar: Açıklamalar. Kamu Gözetimi, Muhasebe ve Denetim Standartları Kurumu (2019). TFRS 9 Finansal Araçlar. Tsalavoutas I, Andre P ve Evans L (2012). The Transition to IFRS and the Value Relevance of Financial Statements İn Greece, British Accounting Review, 44 (4), 262-277.
Umoren, A. O., ve Enang, E. R. (2015). IFRS Adoption and Value Relevance of Financial Statements of Nigerian Listed Banks. International Journal of Finance and Accounting, 4(1), 1-7.
Vijitha, P. and Nimalathasan B. (2013). Value Relevance of Accounting Information and Share Price: A Study of Listed Manufacturing Companies İn Sri Lanka, Merit Research Journal of Business and Management, 2(1), 001- 006.