Advisors

Now showing items 1-7 of 7

    • Agency costs in an emerging market : investigating business groups 

      Bakıcıol, Tamer (Bilkent University, 2017-09)
      Positive abnormal returns around loan announcements imply that banks have unique expertise in information production about borrowers. I study abnormal returns around loans that Turkish listed firms secure from international ...

    • Informed trading in borsa İstanbul 

      Tiniç, Murat (Bilkent University, 2019-05)
      This thesis investigates how information asymmetry affects asset prices in Borsa İstanbul. In the first chapter, we introduce the R package InfoTrad that estimates the probability of informed trading. Next, we examine ...

    • Investors’ reaction to litigation announcements by Capital Markets Board of Turkey 

      Özçiçek, Mahmut Mustafa (Bilkent University, 2019-09)
      I empirically investigate investors’ reaction to the litigations announcements published by Turkish Capital Markets Board (CMB). I use event study to analyze daily abnormal returns for significant market reactions. I compile ...

    • Market reaction to deaths of founders and non-founding executive family members in family firms 

      Arslan, Ezgi (Bilkent University, 2016-07)
      This thesis empirically investigates how markets react to uncertainty regarding the separation of control and ownership in family firms. I examine the market reaction to deaths of founders or non-founding executive family ...

    • Market reaction to private equity deal announcements 

      Bilgel, Süheyl (Bilkent University, 2017-10)
      This thesis investigates whether and how target shareholders benefit in leveraged buyout deals in which the target is a public company and the acquirer is a private equity firm. We conduct an event study and run cross ...

    • Mergers and acquisitions during financial crises 

      Yılmaz, Işıl Sevilay (Bilkent University, 2016-09)
      This thesis investigates the effects of financial crises on mergers and acquisitions (M&A) activity. We investigate if M&A deals in crisis periods differ in terms of dollar volume and quantity of deals, target and bidder ...

    • Stock-market reactions to mergers of non-financial Turkish firms 

      Hekimoğlu, Mert Hakan (Bilkent University, 2010)
      This study investigates stock-market reactions to mergers of non-financial Turkish firms. I conduct an event study to detect abnormal stock returns of Turkish target firms around merger announcements. In an efficient ...