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Now showing items 1-20 of 32
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The Adjustment of security prices to the release of stock dividend/rights offering information
(Bilkent University, 1990)This study investiga.tes market adjustment to the release of stock dividend/rights offering information for the stocks listed in IMKB First market for the period 1986-1989. The adjustment of security prices is analyzed ... -
Analysis of securitization of an export credit in Turkey
(Bilkent University, 1995)This study aims to analyze a new method of project financing in Turkey which is securitization of an export credit. Throughout the study different forms of public sector project financing utilized in Turkey have also ... -
The Behavior of stock returns in Turkey: 1986-1988
(Bilkent University, 1989)This study investigates distributional and time series behavior of common stock returns in Istanbul Stock Exchange (ISE) for the period 1986-1988. The distributions of weekly price returns deviate from normality with ... -
Cash flow-at-risk in publicly traded non-financial firms in Turkey : an application in defense companies
(Bilkent University, 2004)People have always evaluated qualitative factors as black boxes so far. Academicians have put much effort to understand and explain these black boxes. The improvements in technology, therefore in social sciences, ease ... -
Common stock returns and inflation : an investigation of İstanbul Securities Exchange
(Bilkent University, 1990)This study investigates the existence of a relaticriship cet^^ıc-eгı returris or. conmon stccks and expected inflation i' lurke.. Ihie relationship: is tested within the fram£?v^ork of Fishe- Effect wising a single ... -
A database for evaluating stocks trading in ISE
(Bilkent University, 1994)This thesis is a design of a database that will store and manage the data of Istanbul Stock Exchange. The system is capable of storing the data of all companies for the time periods defined, adjusting price data to ... -
Dynamic interaction between liquidity and sovereign credit risk : evidence from Turkey
(Bilkent University, 2017-07)In this thesis, the dynamic interaction between liquidity and credit risk for Turkey, which highly needs capital inflow to finance its current account deficit, is examined. A firm/country defaults when it is unable to pay ... -
Equity ownership structure and its consequences : an empirical investigation in Turkish firms
(Bilkent University, 2001)The study describes the main characteristics of ownership structure of the Turkish nonfinancial firms listed on the Istanbul Stock Exchange (ISE) and examines the impact of ownership structure on performance and risk-taking ... -
Essays in empirical finance
(Bilkent University, 2019-12)This thesis comprise three essays that investigate foreign exchange market volatility and its dynamics using high frequency exchange rate data. In the first essay, we decompose the jump component of USDTRY exchange rate ... -
Essays on financial development and economic growth
(Bilkent University, 2007)The relationship between nancial development and economic growth is analyzed in this dissertation. The rst essay investigates the roles of banking sector development and stock market development in economic growth and ... -
Factoring as a financing alternative: Turkish case
(Bilkent University, 1991)This study attempts to find out the common aspects of the firms that have preferred factoring as a financing alternative, checking out their financial structures and performances together with an overview of factoring. The ... -
Forward foreign exchange contract : an instrument for hedging
(Bilkent University, 1990)Forward foreign exchange markets are continually improving all around the world. In this work, a literature survey is done both for the world and for Turkey. An overview of the changes in the financial systems is given ... -
The global trend toward securitization and its reflections in the context of Turkey
(Bilkent University, 1994)Last decade has been a period that was characterized by a series of developments in the international and domestic capital markets. Securitization, which essentially involves the transformation of financial assets into ... -
Hedging of a multinational firm using futures and options that is subject to price uncertainty due to foreign exchange fluctuations
(Bilkent University, 1994)After the switch to floating exchange rates in 1973, internationally active companies became exposed to interest and foreign exchange risks. In this thesis, the hedging alternatives due. to foreign currency risk and ... -
The impact of merger on stockholder risk
(Bilkent University, 1991)The main purpose of this study is to investigate empirically the impact of merger on stockholder risk. Mergers between LSE firms during the period 1983~1986 are examined. The literature provides three major hypotheses ... -
Inflexible firm commitments, operating leverage risk and expected returns
(Bilkent University, 2015-07)Labor is one of the most important input to the firm. Firms pay wages to employees in return for their human capital. Operating leases are the largest source of external financing to the firm. Labor costs and non-cancellable ... -
An investigation of anomalies at Istanbul Securities Exchange : winner-loser effect
(Bilkent University, 1993)In this study , the presence of winner -1 oser effect in Istanbul Stock Exchange is investigated. Tests are done for the period of January .1988 - December 1992. Past performance is used to form the " Winner " ... -
An investigation of anomalies at Istanbul Securities Exchange: size and E/P effects
(Bilkent University, 1993)This study investigates the presence of 'sizeeffect' and 'E/P effect' at Istanbul Securities Exchange for the period January 1990-December 1992. 24 months of monthly return data prior to test year are used to ... -
An investigation of anomalies at Istanbul Stock Exchange: size and January effects
(Bilkent University, 1995)This study investigates January effect at Istanbul Stock Exchange in combination with size of firms which are traded for the period of 1988 - 1994, using monthly data. The study is based on the groupings of stocks in ten ... -
An investigation of the leverage anomaly at Istanbul Securities Exchange
(Bilkent University, 1995)This study investigates the presence of ‘leverage effect’ at Istanbul Securities Exchange for the period January 1990 - December 1993. Two leverage variables are used, the ratio of book equity to book assets, BE/A and the ...
