The Merger of the firm in Turkey retailing sector and an application

ABSTRACTMaster ThesisMerger Of The Firm n Turkey RetailingSector And An ApplicationLevent AYDINDokuz Eylül UniversitySocial Sciences IstituteBusiness AdministrationAccounting And Finance ProgramThe globalization of the financial markets and reconstruction movements inthose 1990?ies a rapid augmentation of the firm mergering. In this process, whenfirms determine the growing strategies, they usually prefer the operation methods ofjoint ventures or public offering.In this study, calculation of the K PA A.Ş. value in 2003 used valuationmethods. In evaluation, lots of methods are used. Whichever methods is used, theimportant point is to determine the most realistic firm value. In this study, a firmwhich is in retailing sector an application is set. In this application; firm value iscomputed by the methods of net asset value, book value, price earnings ratio, firmvalue and sales ratio, the average score of sll these measures ar e taken in toconsideration in calculationsThe important reason of venture is increase the gain and decrease of thecosts. For that reason if the firms want to increase their market share they mustproduce cheap costs.The company prepares its financial statements in accordance with Turkishtax legislation, accounting rules and practices. For the purpose of this study, theunaudited financial statements of the company for the year ended December 312003 before the venture of the other firm.Key Words: 1)Merger 2)Firm Value 3)Valuatin Methods 4)Net Asset Value5)Venture