Araştırma geliştirme giderlerinin işletmelerin karlılığı üzerindeki etkisinin incelenmesi: İmkb metal eşya sektöründe bir araştırma

Bu çalışmanın amacı, Araştırma Geliştirme (Ar-Ge) giderleri ile işletmenin muhasebe temelli performans ölçütleri arasındaki ilişkiyi ortaya çıkarmaktır. Belirlenen amaca ulaşabilmek için Ar-Ge faaliyetlerine önemli yatırımlar yapan ve İMKB’de hisse senetleri işlem gören Metal Eşya ve Makine sektöründeki 25 adet işletme üzerinde 2007-2011 yıllarına yönelik bir araştırma yapılmıştır. Çalışmada, SPSS 16.0 istatistiksel programı yardımıyla işletmelerin Ar-Ge yatırımlarının önemini gösteren Ar-Ge yoğunluğu oranı ile muhasebe temelli performans ölçütleri olan her bir karlılık oranı arasında korelasyon analizi yapılmıştır. Yapılan araştırmada, Ar-Ge yoğunluğu oranı ile faaliyet kar oranı ve özsermaye karlılık oranı arasında istatistiksel olarak anlamlı ve negatif yönlü; Ar-Ge yatırımları ile aktif karlılığı, brüt kar oranı ve net kar oranı arasında ise istatistiki olarak anlamsız sadece negatif yönlü bir ilişkinin varlığı tespit edilmiştir.

An examining of the effect of research and development expenditures on corporation profitability: A research in metal goods industry in İstanbul stock exchange (ise)

The purpose of present study is to detect the relations between research and development (R&D) expenditures and corporation’s performance scales based accounting. To reach this objective, a research has been conducted towards 2007-2011 period covering 25 firms from metal goods industry which have invested in big quantity on R&D operations and quoted in ISE. With the help of SPSS 16.0 statistical program, a correlation analysis between R&D intensity ratio indicating the importance of firms’ R&D investments and each profitability ratios indicating corporation’s performance scales based accounting has been performed in the study. In this research a statistical significant negative relation has been detected between R&D intensity and operation profitability and equity profitability; however insignificant but a negative relation has been deduced between R&D investments and assets’ profitability and gross profit ratio and net profitratio.

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