Determinants of Internal Financing Capacity and Sustainability in the Shipbuilding Industry: The Case of Türkiye
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Akkaynak,
B.
(ed.)
2025.
Finance Theory and Practices.
Synopsis
This study examines the key factors determining the self-financing capacity and financial sustainability of firms operating in the Turkish shipbuilding industry. Characterized by high fixed capital requirements, long production and delivery periods, and a project-based revenue structure, the shipbuilding industry is among the most capital-intensive sectors in which financing decisions play a decisive role in firm performance. In this context, return on assets (ROA) is employed as the dependent variable to represent firms’ internal fund-generating capacity, while the effects of key financial ratios reflecting leverage and liquidity structures on profitability are analyzed.
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Copyright (c) 2025 Bilal Akkaynak; Kübra Saka Ilgın- Ahmet Zelka- İsmail Fatih Ceyhan- Berk Yıldız- Ferhat Demirci- Aziz Kaldırım- Bilal Akkaynak- Gülhan Deniz- Muhsin Uslu- Murat Yıldırım- Hacer Şeyma Dilaver- Salim Sercan Sarı- Hilal Ok Ergün- Hümeyra Yıldız- Muhammed Yılmaz- İbrahim Yaşar Gök- İnci Merve Altan- Adem Ruhan Sönmez- Mehmet Ozan Akman- Hasan Aydın Okuyan- Devran Deniz- Elif Sinem Köse- Muhammed Hanifi Van- Yasin Cihan