Arzu Tektas, E. Nur Ozkan‐Gunay and Gokhan Gunay
An efficient asset‐liability management requires maximizing banks' profit as well as controlling and lowering various risks. This multi‐objective decision problem aims to reach…
Abstract
Purpose
An efficient asset‐liability management requires maximizing banks' profit as well as controlling and lowering various risks. This multi‐objective decision problem aims to reach goals such as maximization of liquidity, revenue, capital adequacy, and market share subject to financial, legal requirements and institutional policies. This paper models asset and liability management (ALM) in order to show how different managerial strategies affect the financial wellbeing of banks during crisis.
Design/methodology/approach
A goal programming model is developed and applied to two medium‐scale Turkish commercial banks with distinct risk‐taking behavior. This article brings new evidence on the performance of emerging market banks with different managerial philosophies by comparing asset‐liability management in crisis.
Findings
The study has shown how shifts in market perceptions can create trouble during crisis, even if objective conditions have not changed.
Originality/value
The proposed model can provide optimal forecasts of asset‐liability components and banks' financial standing for different risk‐taking strategies under various economic scenarios. This may facilitate the preparation of contingency plans and create a competitive advantage for bank decision makers.
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Academic freedom is of central importance in all kinds of activities of academics and students. Considering this, many reforms were made to secure and improve academic freedom in…
Abstract
Academic freedom is of central importance in all kinds of activities of academics and students. Considering this, many reforms were made to secure and improve academic freedom in Turkey. The most important reforms and changes were made in 1933, 1946, 1960, 1973 and 1981, and they all coincided with significant social and political periods. But, the history of Turkey’s academic freedom is not bright. The past university policies pertaining to academic freedom had occasionally positive, but often restrictive, results in expanding academic freedom. Despite policies and reforms, illegal dismissals of faculty members, disciplinary inspections and penalties were experienced. Moreover, the restrictions also affected freedom of expression in the forms of censorship and self-censorship; freedom to learn, teach and conduct researches had limitations. On the other hand, the removal of headscarf ban and the abolishment of coefficient policy which disadvantaged some students in the university entrance examinations can be given as examples of improvement in academic freedom of students, both of which improved students’ access to higher education. When compared with other Organisation for Economic Co-operation and Development countries, the rankings and various indicators present Turkey at lower end in terms of academic freedom. This shows that further steps are to be taken to improve academic freedom in Turkey.
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Tourism, as a leading source of income for many countries, is one of the world's fastest-growing industries. Tourism demand is strongly influenced by the economic situation of the…
Abstract
Tourism, as a leading source of income for many countries, is one of the world's fastest-growing industries. Tourism demand is strongly influenced by the economic situation of the consumer, as well as by the political, environmental, security and health conditions provided by the host country. As tourism is not one of the first steps in Maslow's hierarchy of needs, it is not part of the mandatory spending group. Holiday plans are among the first to be altered or cancelled if there is a threat to the tourist's ‘biological and physiological needs’ or ‘security needs’. Thus, the tourism sector is highly susceptible to crises. Turkey tourism movement has faced several major national and global shocks of different origins recently. This study aims to examine the impact of crucial crises and of the current COVID-19 pandemic on the tourism industry in terms of their characteristics, social conflicts, political situation and responses. To achieve this objective, the development of the tourism sector in Turkey has been analyzed taking into account the conditions of the world economies. Comparisons were made between overall figures for incoming tourists, tourism revenues and hotel occupancy rates in Turkey for the time periods before, during and after these crises, considering certain other effects. The figures are related to significant incidents, economic, political, health, social or environmental crises that have occurred at the national or global level.
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Mehmet Bağış, Mehmet Nurullah Kurutkan and Liridon Kryeziu
This research aims to determine the contribution of publications in the context of Türkiye to the international entrepreneurship literature between 2005 and 2022. We examined 471…
Abstract
This research aims to determine the contribution of publications in the context of Türkiye to the international entrepreneurship literature between 2005 and 2022. We examined 471 articles published in international journals in the Web of Science (WoS) Core Collection database using bibliometric analysis techniques. We analyzed the data with the software Biblioshiny+Bibliometrix, SciMAT, and VOSViewer. We used performance, theme and evolution, co-authorship, and document analysis in data analysis. Performance analysis findings show that the most publications were made in 2021, the journal with the most publications was sustainability, and the author with the most publications was Bakır, C. Theme and evolution analysis revealed that the motor themes were corporate entrepreneurship, gender and entrepreneurial intentions in the first period (2005–2014), while institutional entrepreneurship stood out as the niche theme. In the second period (2015–2022), “corporate entrepreneurship” and “performance” emerged as the motor themes, while the niche themes in this period were “Syrian refugees” and “entrepreneurial intentions.” Document analysis findings show that the most studied entrepreneurship types are gender, family, corporate, social, and small business, respectively. In addition, immigrant/refugee entrepreneurship is emerging as a new topic, while indigenous entrepreneurship, informal entrepreneurship, sustainable entrepreneurship, and religion entrepreneurship are the most minor studied topics in entrepreneurship. Evidence-based decision-making inputs were obtained for those holding the resource allocation authority in Türkiye. Policymakers and funders, as well as individuals and institutions that want to design the future in terms of resources, can benefit from the findings and analysis of this chapter. Türkiye, which ranks 26th in the world regarding entrepreneurship, must develop a policy based on data.
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Adem Uysal and Abdullah Okumuş
The purpose of this study is to identify the impact of ethical judgements, depending on religiosity level of consumers, on decisions of buying or not buying products from…
Abstract
Purpose
The purpose of this study is to identify the impact of ethical judgements, depending on religiosity level of consumers, on decisions of buying or not buying products from supermarkets selling alcoholic beverages.
Design/methodology/approach
The scope of this study covers consumers from province of Mus in Turkey who indicate they go shopping at supermarkets. Accordingly, data are collected from 362 consumers via face-to-face survey and the results are evaluated through regression analysis.
Findings
According to analysis, it was found that the internal and external religiosity of the consumers positively affected their ethical judgement towards the markets selling alcoholic beverages. Besides, it is concluded that the ethical judgements of consumers have a positive impact on boycott decisions against supermarkets selling alcoholic beverages.
Originality/value
The survey contributes to relevant literature by putting forth the impact of ethical judgements of consumers, associated with their level of religiosity, on their decisions as to preference of supermarkets. Moreover, this study is consistent with the previous studies and supports the conclusion that the ethical decisions are affected by the extrinsic and intrinsic levels of religiosity; however, they are more affected by the intrinsic levels of religiosity.