The Turkish real estate market has shown noticeable developments in recent years due to various reasons. In this article, we are attempting to define the pros and cons of the Turkish real estate market. We are also questioning whether the deficiencies may decrease the potential value of the...

Global financial crisis has intensively affected U.S. economy and global financial system. There are still many problems remain unsolved after the first shock of crisis such as effectiveness of policy measures, concerns on public interventions etc. This paper analyzes the relationship between...

As observed in at least the last two decades, financial engineering has not only changed the way in which business is conducted in the finance world, but also the daily life of the average citizen in the leading economies. Structured products have been deemed weapons of mass destruction in some...

Turkey is well behind the many countries according to socio-economic development criteria. Activities aim to make Istanbul a financial center seem paradoxical due to less developed and risky characteristics of national economy and financial system. It seems that these activities have both...

As an instrument for managing/optimizing firm/industry wide risks, risk management is useful tool for companies and regulators. Companies and agencies use various risk management instruments to fulfill their responsibilities to stakeholders, and eventually society. In this respect, Kane suggests...

Capital markets working in confidence with sufficient diversity of financial instruments make positive contributions to private sector financing opportunities and financial depth in the markets. It is observed in the Turkish economy that capital market finance broadly depends on IPO market...

However there are minumum self discipline regulations for securities firms, crisis has showed risk management standards must go beyond the minumum. There are two important deficiencies in turkish securities firms’ regulations of financial strength. The first is securities firms are using...