Özet:
This study investigates the relationship between Productivity and Capital
Investments and try to empirically investigate the factors seem to be related to
capital investments. For this purpose, a sample consists of 70 firms accepted in TSE
thorough 2001 to 2010 were examined.
The results show that, aggregately, there is no substantial relation between
Productivity and Capital Investments unless in the second model, which a weak
relation exists. The findings show that the leverage characteristics of firms and
financing the firm by debts, has a negative and significant effects on capital
investments. Also, the variables as firm size, capital intensity and finished goods,
have significant and positive relationship with capital investments.