{"id":100660,"date":"2023-06-18T12:05:04","date_gmt":"2023-06-18T12:05:04","guid":{"rendered":"https:\/\/haberulus.net\/?p=100660"},"modified":"2023-06-18T12:05:04","modified_gmt":"2023-06-18T12:05:04","slug":"turkiye-zombi-sirket-oraninda-birinci","status":"publish","type":"post","link":"https:\/\/haberulus.net\/?p=100660","title":{"rendered":"T\u00fcrkiye zombi \u015firket oran\u0131nda birinci"},"content":{"rendered":"

\u201cZombi\u201d ad\u0131 verilen, gelirleri bor\u00e7lar\u0131n\u0131 \u00f6demek i\u00e7in yetersiz olan \u015firketler konusundaki endi\u015feler t\u00fcm d\u00fcnyada yay\u0131l\u0131rken, IMF taraf\u0131ndan yay\u0131mlanan bir makalede T\u00fcrkiye\u2019nin zombi \u015firket oran\u0131nda ba\u015f\u0131 \u00e7ekti\u011fi g\u00f6r\u00fcld\u00fc.<\/p>\n

Borcunu \u00f6demek i\u00e7in yeterli para kazanamayan ancak bir \u015fekilde desteklerle hayatta kalmaya devam eden \u015firketler i\u00e7in kullan\u0131lan zombi \u015firket kavram\u0131 ekonominin \u00f6n\u00fcndeki b\u00fcy\u00fck tehditlerden biri olarak g\u00f6r\u00fcl\u00fcyor.<\/p>\n

D\u00fc\u015f\u00fck k\u00e2r etmesine ra\u011fmen y\u00fcksek kredi veya destek alabildi\u011fi i\u00e7in ayakta duran \u015firketler, ayn\u0131 zamanda sa\u011fl\u0131kl\u0131 i\u015fleyen firmalar i\u00e7in de ciddi bir tehdit konumunda.<\/p>\n

EN Y\u00dcKSEK PAY T\u00dcRK\u0130YE\u2019DE<\/b><\/p>\n

Konu ile ilgili Bruno Albuquerque ve Roshan Iyer taraf\u0131ndan kaleme al\u0131nan ve 16 Haziran\u2019da yay\u0131mlanan \u2018Y\u00fcr\u00fcyen \u00f6l\u00fclerin y\u00fckseli\u015fi: D\u00fcnyadaki zombi firmalar\u2019 ba\u015fl\u0131kl\u0131 makalede, zombi \u015firketler hem mali s\u0131k\u0131nt\u0131 i\u00e7inde hem de kar etme ihtimalleri d\u00fc\u015f\u00fck olan \u015firketler olarak tan\u0131mland\u0131.<\/p>\n

Yaz\u0131da 2000 y\u0131l\u0131ndan bu yana d\u00fcnya \u00e7ap\u0131nda halka a\u00e7\u0131k olmayan zombi \u015firketler hakk\u0131nda yeni bir veri seti hesapland\u0131\u011f\u0131 belirtilirken T\u00fcrkiye\u2019nin en y\u00fcksek zombi \u015firket oran\u0131na sahip \u00fclke oldu\u011fu ortaya \u00e7\u0131kt\u0131.<\/p>\n

Salg\u0131n d\u00f6neminde mali yap\u0131lar\u0131 iyice bozulan ve ka\u011f\u0131t \u00fczerinde ya\u015fayan \u015firketlere verilen krediler zombi \u015firketlerin pay\u0131n\u0131 son y\u0131llarda art\u0131rd\u0131. Makalede borsaya kote veya halka a\u00e7\u0131k olmayan zombi firmalar incelenirken halka a\u00e7\u0131k olmayan \u015firketler aras\u0131nda en \u00e7ok zombi \u015firkete sahip \u00fclkenin T\u00fcrkiye oldu\u011fu g\u00f6r\u00fcld\u00fc.\u00a0T\u00fcrkiye\u2019nin ard\u0131ndan ise Endonezya, Romanya ve Rusya geldi.<\/p>\n

\"\"<\/p>\n

Halka a\u00e7\u0131k \u015firketler ele al\u0131nd\u0131\u011f\u0131nda ise T\u00fcrkiye\u2019nin 21. en \u00e7ok zombi \u015firket pay\u0131na sahip \u00fclke oldu\u011fu g\u00f6r\u00fcld\u00fc. Halka a\u00e7\u0131k \u015firketlerle yap\u0131lan hesaplamada \u00e7ok zombi \u015firket oran\u0131na sahip \u00fclke \u00dcrd\u00fcn olurken onu G\u00fcney K\u0131br\u0131s ve Yunanistan izledi.<\/p>\n

COVID SALGININDAN SONRA ARTTI<\/b><\/p>\n

Yaz\u0131da bu verimsiz firmalar\u0131n pay\u0131n\u0131n, \u00f6zellikle Covid-19 salg\u0131n\u0131ndan bu yana d\u00fcnya \u00e7ap\u0131nda artt\u0131\u011f\u0131 belirtildi. Bu art\u0131\u015fta Covid-19 s\u00fcrecinde \u015firketlere pandeminin olumsuz etkisini azaltmak amac\u0131yla sa\u011flanan kamu desteklerinin etkili oldu\u011fu kaydedildi.<\/p>\n

Zombi \u015firketlerin hem halka a\u00e7\u0131k olan hem de halka a\u00e7\u0131k olmayan \u015firketler aras\u0131nda bulundu\u011fu belirtilen makalede, \u201cBelki de \u015fa\u015f\u0131rt\u0131c\u0131 bir \u015fekilde, halka a\u00e7\u0131k olmayan firmalar aras\u0131nda zombile\u015fme oran\u0131n\u0131n daha d\u00fc\u015f\u00fck oldu\u011funu g\u00f6r\u00fcyoruz\u201d ifadelerine yer verildi.<\/p>\n

Bu firmalar\u0131n daha d\u00fc\u015f\u00fck ortalama hayatta kalma oranlar\u0131 oldu\u011fu belirtilirken \u201cZombi firmalar\u0131n negatif makrofinansal yay\u0131lmalar\u0131 var: Zombi olmayanlar\u0131n finansal performans\u0131, daha fazla say\u0131da zombinin ya\u015fad\u0131\u011f\u0131 end\u00fcstrilerde \u0131srarla d\u00fc\u015f\u00fcyor\u201d ifadeleri yer ald\u0131.<\/p>\n

BELL\u0130 SEKT\u00d6RLERDE DAHA FAZLA<\/b><\/p>\n

Di\u011fer yandan zombi \u015firket oran\u0131n\u0131n \u00fclkeler ve end\u00fcstriler aras\u0131nda b\u00fcy\u00fck farkl\u0131l\u0131klar g\u00f6sterdi\u011fi, ancak geli\u015fmi\u015f \u00fclkeler ve geli\u015fmekte olan \u00fclkeler aras\u0131nda ciddi bir fark olmad\u0131\u011f\u0131 belirtildi. Dayan\u0131kl\u0131 t\u00fcketim mallar\u0131 \u00fcreten ve varl\u0131k fiyatlar\u0131nda ani d\u00fc\u015f\u00fc\u015flere maruz kalan \u015firketlerle emlak, enerji gibi b\u00fcy\u00fck talep dalgalanmalar\u0131na u\u011frayan sekt\u00f6rler aras\u0131nda daha fazla zombile\u015fme ya\u015fand\u0131.<\/p>\n

Makalede ayr\u0131ca, zombi \u015firketlere sahip \u00fclkelerin incelendi\u011fi g\u00f6r\u00fcld\u00fc. D\u00fcnyada halka a\u00e7\u0131k olmayan \u015firketler aras\u0131nda zombi \u015firketlerin pay\u0131n\u0131n da 2018\u2019den bu yana artt\u0131\u011f\u0131na vurgu yap\u0131ld\u0131.<\/p>\n

Makalede pandemi d\u00f6neminde verilen te\u015fviklerin zombi firmalar\u0131 korudu\u011fu ve bunlarla rekabet eden sa\u011fl\u0131kl\u0131 firmalar \u00fczerinde t\u0131kan\u0131kl\u0131k etkisi yaratabilece\u011fi belirtildi. Bu durumun ise ekonomideki genel \u00fcretkenli\u011fi, yat\u0131r\u0131m\u0131 ve istihdam\u0131 azaltabilece\u011fi vurguland\u0131.<\/p>\n

Son olarak zombi \u015firket fazlal\u0131\u011f\u0131n\u0131n ayr\u0131ca devlete mali y\u00fck olu\u015fturdu\u011fu, vergi kayb\u0131 gibi etkenleri de beraberinde getirdi\u011fi ileri s\u00fcr\u00fcld\u00fc.<\/p>\n","protected":false},"excerpt":{"rendered":"

IMF ekonomistleri, corona vir\u00fcs\u00fc salg\u0131n\u0131ndan bu yana zombi firmalar\u0131n say\u0131s\u0131n\u0131n artt\u0131\u011f\u0131n\u0131 tespit ederken, halka a\u00e7\u0131k olmayan \u015firketler g\u00f6z \u00f6n\u00fcne al\u0131nd\u0131\u011f\u0131nda zombi \u015firket oran\u0131n\u0131n en y\u00fcksek oldu\u011fu \u00fclkenin T\u00fcrkiye oldu\u011funu belirtti.<\/p>\n","protected":false},"author":1,"featured_media":100661,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[5627,5295,625,909,12570],"class_list":["post-100660","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ekonomi","tag-firmalar","tag-makalede","tag-sirketler","tag-veri","tag-zombi"],"_links":{"self":[{"href":"https:\/\/haberulus.net\/index.php?rest_route=\/wp\/v2\/posts\/100660","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/haberulus.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/haberulus.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/haberulus.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/haberulus.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=100660"}],"version-history":[{"count":1,"href":"https:\/\/haberulus.net\/index.php?rest_route=\/wp\/v2\/posts\/100660\/revisions"}],"predecessor-version":[{"id":100662,"href":"https:\/\/haberulus.net\/index.php?rest_route=\/wp\/v2\/posts\/100660\/revisions\/100662"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/haberulus.net\/index.php?rest_route=\/wp\/v2\/media\/100661"}],"wp:attachment":[{"href":"https:\/\/haberulus.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=100660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/haberulus.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=100660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/haberulus.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=100660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}