Research Article


DOI :10.26650/ibr.2024.53.1138732   IUP :10.26650/ibr.2024.53.1138732    Full Text (PDF)

The COVID-19 Pandemic’s Impact on the Performance of Firms on the BIST 100 Index

Meltem AltınMustafa Özgün Atalay

The coronavirus (COVID-19) pandemic that affected the world has caused a decline in most companies’ financial performance. This study aims to analyze the effects of the COVID-19 pandemic on the financial performance of companies traded in Türkiye’s Borsa Istanbul 100 (BIST 100) index for 2019-2021. Pooled ordinary least squares (OLS) regression was applied as the basic method to determine the effects of the COVID-19 pandemic on the financial performance of companies listed on the BIST 100 index. The study’s findings show the COVID-19 pandemic to have had effects on the profitability of companies listed on the BIST 100 index. The results reveal net working capital, size (total assets), and financial autonomy ratios to be the ratios that affect return on assets (ROA), with the return on equity ratio (ROE) being affected only by size. These results show the BIST 100 index to have adapted to a certain extent to the uncertainties caused by the pandemic, so the shock has not been devastating. This study provides valuable insights that can assist investors, managers, creditors, and other stakeholders in making informed decisions that lead to positive outcomes.


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APA

Altın, M., & Atalay, M.Ö. (2024). The COVID-19 Pandemic’s Impact on the Performance of Firms on the BIST 100 Index. Istanbul Business Research, 53(1), 119-136. https://doi.org/10.26650/ibr.2024.53.1138732


AMA

Altın M, Atalay M Ö. The COVID-19 Pandemic’s Impact on the Performance of Firms on the BIST 100 Index. Istanbul Business Research. 2024;53(1):119-136. https://doi.org/10.26650/ibr.2024.53.1138732


ABNT

Altın, M.; Atalay, M.Ö. The COVID-19 Pandemic’s Impact on the Performance of Firms on the BIST 100 Index. Istanbul Business Research, [Publisher Location], v. 53, n. 1, p. 119-136, 2024.


Chicago: Author-Date Style

Altın, Meltem, and Mustafa Özgün Atalay. 2024. “The COVID-19 Pandemic’s Impact on the Performance of Firms on the BIST 100 Index.” Istanbul Business Research 53, no. 1: 119-136. https://doi.org/10.26650/ibr.2024.53.1138732


Chicago: Humanities Style

Altın, Meltem, and Mustafa Özgün Atalay. The COVID-19 Pandemic’s Impact on the Performance of Firms on the BIST 100 Index.” Istanbul Business Research 53, no. 1 (Jun. 2024): 119-136. https://doi.org/10.26650/ibr.2024.53.1138732


Harvard: Australian Style

Altın, M & Atalay, MÖ 2024, 'The COVID-19 Pandemic’s Impact on the Performance of Firms on the BIST 100 Index', Istanbul Business Research, vol. 53, no. 1, pp. 119-136, viewed 22 Jun. 2024, https://doi.org/10.26650/ibr.2024.53.1138732


Harvard: Author-Date Style

Altın, M. and Atalay, M.Ö. (2024) ‘The COVID-19 Pandemic’s Impact on the Performance of Firms on the BIST 100 Index’, Istanbul Business Research, 53(1), pp. 119-136. https://doi.org/10.26650/ibr.2024.53.1138732 (22 Jun. 2024).


MLA

Altın, Meltem, and Mustafa Özgün Atalay. The COVID-19 Pandemic’s Impact on the Performance of Firms on the BIST 100 Index.” Istanbul Business Research, vol. 53, no. 1, 2024, pp. 119-136. [Database Container], https://doi.org/10.26650/ibr.2024.53.1138732


Vancouver

Altın M, Atalay MÖ. The COVID-19 Pandemic’s Impact on the Performance of Firms on the BIST 100 Index. Istanbul Business Research [Internet]. 22 Jun. 2024 [cited 22 Jun. 2024];53(1):119-136. Available from: https://doi.org/10.26650/ibr.2024.53.1138732 doi: 10.26650/ibr.2024.53.1138732


ISNAD

Altın, Meltem - Atalay, MustafaÖzgün. The COVID-19 Pandemic’s Impact on the Performance of Firms on the BIST 100 Index”. Istanbul Business Research 53/1 (Jun. 2024): 119-136. https://doi.org/10.26650/ibr.2024.53.1138732



TIMELINE


Submitted02.02.2022
Accepted09.04.2024
Published Online30.04.2024

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