{"id":48943,"date":"2017-02-21T22:57:50","date_gmt":"2017-02-21T19:57:50","guid":{"rendered":"https:\/\/www.bilgeyatirimci.com\/?p=48943"},"modified":"2017-02-21T22:57:50","modified_gmt":"2017-02-21T19:57:50","slug":"cetin-unsalan-turk-firmalarina-sahip-cikalim","status":"publish","type":"post","link":"https:\/\/www.bilgeyatirimci.com\/i\/cetin-unsalan-turk-firmalarina-sahip-cikalim\/","title":{"rendered":"\u00c7etin \u00dcnsalan &#8211; T\u00fcrk firmalar\u0131na sahip \u00e7\u0131kal\u0131m"},"content":{"rendered":"<p><em><strong>Ye\u015fil\u00e7am\u2019\u0131n klasik \u00f6yk\u00fclerinden biridir; zengin k\u0131z ile fakir o\u011flan\u0131n a\u015fk\u0131. Elbette s\u00f6z konusu olan sinema olunca genellikle mutlu sonla biter. Fakat i\u015f ger\u00e7ek hayata gelince ve s\u00f6z konusu olan ili\u015fki sevgi de\u011fil de para olunca dikkatli olmak laz\u0131m.<\/strong><\/em><\/p><div class=\"bilge-yaziust\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-21277489\"><ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-7495567325667578\"\r\n     data-ad-slot=\"9580705384\"\r\n     data-ad-format=\"rectangle\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>\u00c7ok uzun zamand\u0131r g\u00fcndemde olan, 2008 krizinin ard\u0131ndan tekrar hareketlenen bir konuya dikkat \u00e7ekmek gerekiyor. Firma evlilikleri ve sat\u0131nalmalar\u2026 Normal \u015fartlar alt\u0131nda faydal\u0131 buldu\u011fum, bilgi, teknoloji geli\u015fimi, i\u015f k\u00fclt\u00fcr\u00fc al\u0131\u015fveri\u015finin yap\u0131ld\u0131\u011f\u0131, her iki firman\u0131n da g\u00fc\u00e7lenerek \u00e7\u0131kt\u0131\u011f\u0131 bir yap\u0131lanmad\u0131r.<\/p>\n<p>Fakat ge\u00e7mi\u015f tecr\u00fcbelerimiz bize g\u00f6sterdi ki, sermaye dengesizli\u011fi oldu\u011fu ko\u015fullarda, bu evlilikler \u00e7ok da lehimize sonu\u00e7lanm\u0131yor. Nedenlerine ge\u00e7meden \u00f6nce arka arkaya gelen \u00fc\u00e7 habere bakmakta fayda var.<\/p>\n<p>Bunlardan birincisi 2003 y\u0131l\u0131nda yap\u0131lan \u00c7in mallar\u0131na kar\u015f\u0131 \u00fcreticinin korunmas\u0131 ile ilgili d\u00fczenlemenin, y\u00fcr\u00fcrl\u00fckte kald\u0131r\u0131lmas\u0131. Ekonomi Bakanl\u0131\u011f\u0131\u2019n\u0131n ilgili y\u00f6netmeli\u011fi Resmi Gazete\u2019de yay\u0131mlanarak y\u00fcr\u00fcrl\u00fc\u011fe girdi. Bu T\u00fcrk \u00fcreticisi ne kadar zorlayacak onu g\u00f6rece\u011fiz. Ama bir aleyhte bir durum \u00e7\u0131karaca\u011f\u0131 kesin.<\/p>\n<p>\u0130kinci haber Deloitte\u2019un raporu\u2026 2016 y\u0131l\u0131nda T\u00fcrk \u015firketleri 42 birle\u015fme ve sat\u0131nalma i\u015flemiyle 2,3 milyar dolarl\u0131k bir hacim yaratt\u0131. \u0130\u015flem hacmi son 5 y\u0131l\u0131n en d\u00fc\u015f\u00fc\u011f\u00fc ama normal. \u00c7\u00fcnk\u00fc d\u00fcnya genelinde bir krizin ya\u015fand\u0131\u011f\u0131 ortamda farkl\u0131 bir sonu\u00e7 \u015fa\u015f\u0131rt\u0131c\u0131 olurdu.<\/p>\n<p>T\u00fcrk firmalar\u0131n\u0131n yapt\u0131klar\u0131 sat\u0131nalmalarda dikkatli olunmas\u0131 gerekiyor. \u00d6ncelikle al\u0131nan \u015firketin marka de\u011feri, bilan\u00e7o durumu gibi kriterlerin ciddiyetle incelenmesi laz\u0131m. Yani salt bir yabanc\u0131 markaya sahip olmak yetmez. O markan\u0131n tan\u0131n\u0131rl\u0131l\u0131\u011f\u0131 da \u00f6nemli.<\/p>\n<p>E\u011fer bu konuya \u2018olsun\u2019 diye yakla\u015f\u0131rsan\u0131z, bu mesele bir s\u00fcre sonra, i\u00e7te kendini rahat hissetmeyen \u015firketlerin bu y\u00f6ntemle, paras\u0131n\u0131 yurtd\u0131\u015f\u0131na g\u00f6t\u00fcrd\u00fc\u011f\u00fc bir sistematik haline d\u00f6n\u00fc\u015febilir.<\/p>\n<p>Gelelim \u00fc\u00e7\u00fcnc\u00fc habere\u2026 Komili ve K\u0131rlang\u0131\u00e7 Ya\u011f Hollandal\u0131\u2019n\u0131n oldu. Son y\u0131llarda bu haberleri \u00e7ok fazla duyar olduk. Direkt sat\u0131nalmalar zaten pazar\u0131yla birlikte firmay\u0131 satmak anlam\u0131na geliyor. Ayr\u0131ca T\u00fcrk i\u015fadamlar\u0131n\u0131n reel sekt\u00f6rde var olmak ad\u0131na isteksizliklerinin de bir yans\u0131mas\u0131.<\/p><div class=\"bilge-content-1\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-455570159\"><ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-7495567325667578\"\r\n     data-ad-slot=\"3167340272\"\r\n     data-ad-format=\"rectangle\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>Bunun sa\u011flamas\u0131n\u0131 da T\u00fcrkiye\u2019de i\u015f yapma endeksindeki k\u00f6t\u00fc tabloda ve piyasa ortam\u0131yla birlikte sermaye yetersizli\u011finin \u015fiddetini artt\u0131rmas\u0131nda da aramak laz\u0131m. Kamunun mutlaka bu tip firmalara mercek tutup, ili\u015fkiye ge\u00e7ip, ihtiya\u00e7lar\u0131n\u0131 \u00e7\u00f6zebilecek metotlara kafa yormas\u0131 ve T\u00fcrk firmalar\u0131 olarak kalmas\u0131n\u0131n yolunu aramas\u0131 gerekir. Onun d\u0131\u015f\u0131nda elbette firma \u00f6zelidir; alaca\u011f\u0131 karara kar\u0131\u015famazs\u0131n\u0131z.<\/p>\n<p>Bir \u00fc\u00e7\u00fcnc\u00fc tehlike var ki evlilikler. Ye\u015fil\u00e7am \u00f6rne\u011fi burada devreye giriyor. Sermaye denkli\u011fi olmayan firmalar\u0131n evlilikleri de, ne yaz\u0131k ki T\u00fcrk m\u00fcte\u015febbisin s\u00fcre\u00e7 i\u00e7inde devre d\u0131\u015f\u0131 b\u0131rak\u0131lmas\u0131yla sonu\u00e7lan\u0131yor. Nereden mi biliyoruz?<\/p>\n<p>2001 y\u0131l\u0131ndaki kriz sonras\u0131nda bunu ya\u015fad\u0131k. Y\u00fczde 50 ortakl\u0131kla yabanc\u0131larla evlenenler, birka\u00e7 y\u0131l i\u00e7erisinde sermaye art\u0131r\u0131m\u0131 taleplerine yan\u0131t veremedikleri i\u00e7in, hisseleriyle bunu kar\u015f\u0131lad\u0131lar ve sonu\u00e7ta elde kalan y\u00fczde 10\u2019luk hisseyi de sat\u0131p, pazardan \u00e7ekilmek durumunda kald\u0131lar. D\u00fcnyan\u0131n geli\u015fmi\u015f \u00fclkelerinin firmalar\u0131n\u0131 geri \u00e7a\u011f\u0131rd\u0131\u011f\u0131, y\u00fckselen i\u015fsizli\u011fe alternatif olarak bunu \u00e7\u00f6z\u00fcmlerden biri olarak g\u00f6rd\u00fc\u011f\u00fc s\u00fcre\u00e7te dikkatli olmal\u0131y\u0131z.<\/p>\n<p>\u00c7\u00fcnk\u00fc ad\u0131na \u00f6zelle\u015ftirme denilen kamu varl\u0131klar\u0131n\u0131n ve imtiyazlar\u0131n\u0131n da\u011f\u0131t\u0131lmas\u0131 neticesinde bir s\u00fcre sonra \u00e7al\u0131\u015fanlar\u0131 kap\u0131n\u0131n \u00f6n\u00fcne koyup, pazar\u0131 ithal ikameyle kar\u015f\u0131layanlara \u015fahit olduk. \u015eimdi bir tarafta \u00c7in mallar\u0131yla ilgili y\u00f6netmeli\u011fi hat\u0131rlayal\u0131m.<\/p><div class=\"bilge-content-2\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-3768069181\"><ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-7495567325667578\"\r\n     data-ad-slot=\"1818807385\"\r\n     data-ad-format=\"rectangle\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>\u0130ki g\u00fcn sonra elden \u00e7\u0131kan ve pazar\u0131 teslim eden bu firmalar\u0131n, \u00c7in\u2019de \u00fcretilen mamullerle talebi s\u0131rtlamayaca\u011f\u0131n\u0131n garantisini kim verebilir? Sonu\u00e7 olarak bu \u015fartlar alt\u0131nda ve sermaye dengesizlikleri i\u00e7inde firma evlilikleri kamu erkinin \u00fczerinde hassasiyetle durmas\u0131 gereken konulard\u0131r. Geli\u015fig\u00fczel ger\u00e7ekle\u015fmemeli.<\/p>\n<p><a href=\"mailto:cetinunsalan@yahoo.com\">cetinunsalan@yahoo.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ye\u015fil\u00e7am\u2019\u0131n klasik \u00f6yk\u00fclerinden biridir; zengin k\u0131z ile fakir o\u011flan\u0131n a\u015fk\u0131. Elbette s\u00f6z konusu olan sinema olunca genellikle mutlu sonla biter. Fakat i\u015f ger\u00e7ek hayata gelince&hellip;<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[904,808,801],"class_list":["post-48943","post","type-post","status-publish","format-standard","hentry","category-tumyazilar","tag-cetin-unsalan-yazilari","tag-ekonomi-makaleleri","tag-ekonomi-yazarlari-listesi"],"_links":{"self":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/48943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/comments?post=48943"}],"version-history":[{"count":0,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/48943\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media?parent=48943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/categories?post=48943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/tags?post=48943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}