Financial Failure Risk- Firm Value Nexus: Evidence from The European Lodging Companies

dc.authoridOCEK BENLI, CEMILE/0000-0001-6376-3820
dc.contributor.authorKaradeniz, Erdinc
dc.contributor.authorIskenderoglu, Omer
dc.contributor.authorOcek, Cemile
dc.date.accessioned2024-11-07T13:31:46Z
dc.date.available2024-11-07T13:31:46Z
dc.date.issued2022
dc.departmentNiğde Ömer Halisdemir Üniversitesi
dc.description.abstractThis research study aims to determine the relationship between the financial failure risk and firm value in lodging companies operating in the European lodging industry. The impact of financial failure risks on firm value in lodging companies is tested with the Generalized Method of Moments (GMM) on several econometric models established for the research study. As a result of the analysis, according to the Fulmer H Score, Ohlson Score, and Springate Score models, it is determined that the firm values increase as the financial failure risks of lodging companies decrease. There is a limited number of studies in the finance literature examining the effect of the financial failure of lodging companies on financial performance. In this context, the study tries to reveal the relationship between the risk of financial failure and firm value in lodging companies by contributing to the tourism and finance literature.
dc.identifier.doi10.17233/sosyoekonomi.2022.04.09
dc.identifier.endpage198
dc.identifier.issn1305-5577
dc.identifier.issue54
dc.identifier.scopus2-s2.0-85192022477
dc.identifier.scopusqualityN/A
dc.identifier.startpage179
dc.identifier.trdizinid1138752
dc.identifier.urihttps://doi.org/10.17233/sosyoekonomi.2022.04.09
dc.identifier.urihttps://search.trdizin.gov.tr/tr/yayin/detay/1138752
dc.identifier.urihttps://hdl.handle.net/11480/15042
dc.identifier.volume30
dc.identifier.wosWOS:000877686200009
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.indekslendigikaynakTR-Dizin
dc.language.isoen
dc.publisherSosyoekonomi Soc
dc.relation.ispartofSosyoekonomi
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.snmzKA_20241106
dc.subjectFinancial Failure Risk
dc.subjectBankruptcy
dc.subjectFirm Value
dc.subjectLodging Companies
dc.subjectEurope
dc.titleFinancial Failure Risk- Firm Value Nexus: Evidence from The European Lodging Companies
dc.title.alternativeFinansal Başarısızlık Riski Firma Değeri Örüntüsü: Avrupa Konaklama İşletmelerinden Kanıtlar
dc.typeArticle

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