English Abstract: Refah düzeyi, makro ölçüde ilerlemelerin izlenip gerekli stratejilerin belirlenmesi açısından önem taşımaktadır. Her ne kadar ekonomik unsurlar refah düzeyi değerlemesinin odağında yer alsa da yaşanan krizlerle birlikte eşitlik, sağlık, güvenlik ve kaliteli...

This study undertakes the challenging task of comparing the weak form efficiency of conventional and Islamic equity markets. Using 12 different Dow Jones indexes that cover 16 years of daily data, we compare the time-varying non-linear predictability patterns of conventional market indexes and...

This article examines causality relationships between institutional investors and stock market development based on the panel data compiled from 23 OECD countries for the years 1982 through 2000. In order to test causality relationship, Sims’ causality test based on Granger definition of...

This article examines causality relationships between institutional investors and stock market development based on the panel data compiled from 23 OECD countries for the years 1982 through 2000. In order to test causality relationship, Sims’ causality test based on Granger definition of...

This article is based on banks' choices of capital structure and the effect of macroeconomic conditions over these choices, including the impact of credit risk triggered by the aforesaid macroeconomic conditions. We begin by observing different credit risk models in order to develop the most...

Although it is an accepted methodology to exclude financial companies from any comparative financial analysis of a sample of companies when performance is being analysed and this exclusion is due to the different financial structure of such organisation, it seems to have also become standard...

Over recent years there has been a focus in corporate activity upon the concept of corporate social responsibility (CSR) and one of its central platforms, the notion of sustainability, and particularly sustainable development. We argue in this paper that the use of such a term has the effect of...

Corporate governance is fundamental to the continuing operating of any corporation; hence much attention has been paid to the procedures of such governance. Similarly sustainability is fundamental to the continuing operating of any corporation, and is arguably the fashionable concept of the...

We have examined macroeconomic transmission mechanism by analyzing the interaction process between macroeconomic forces and financial performance variables of small and medium-sized enterprises (SMEs) in Turkey employing panel data regression method. Our empirical analysis indicates that the...