A Panel Study of the Impact of R&D on Financial Performance: Evidence from an Emerging Market

Mahmut ERDOĞAN | Adilya YAMALTDİNOVA

In recent years, innovation and R&D activities have been one of the most important factors affecting the growth strategies of the companies and their financial performance. However, it is the fundamental elements of sustainable economic growth, innovative activities have strategic decision-making characteristics due to their effects on efficiency and market value. The aim of this paper is to investigate the effects of R&D expenditures on the financial performance of 62 production companies listed in Borsa Istanbul in the period of 2008-2017 by using panel data methods. We used return on assets ...More

Analysis of Article Methodologies on Financial Statements’ Transparency Between the Years 2000 and 2016

Bilal SOLAK

Accounting scandals that took place in the last quarter of the twentieth century such as the one at ENRON and PARMALAT prove the importance of transparency and objectivity for the presentation of financial statements. Accounting researchers all over Turkey and other countries have started to publish more studies using different kinds of methodologies on providing transparency for the financial statements due to the scandals. Published work by accounting scientists is extraordinarily crucial both for accounting theory and shaping accounting applications. In this research, article methodologies ...More

Crowding-out (or -in) effect in transition economies: Kyrgyzstan case

Cunus GANİEV

Purpose: The crowding-out and crowding-in effects have been at the core of arguments among economists regarding the influence of government spending on private investment. This study aims to examine the crowding-out (or -in) effect of public spending on private investment in the transition economy of Kyrgyzstan. Design/methodology/approach: The empirical model is an autoregressive distributed lag (ARDL) and the vector autoregression approach (VAR). Monthly data from 2005 to 2013 of the private investment, government expenditures, remittances from abroad and broad money data were used in the em ...More

Entropic organizational climate (EOC): Development and validation of new scale = Энтропийный организационный климат: разработка и валидизация новой шкалы

Mustafa Fedai ÇAVUŞ

Entropy, which is an element of the system approach evaluating organizations as a system, refers to the deterioration tendency. Purpose. This study aimed to develop a new scale in order to evaluate the negative climate in organizations. Method. The study was carried out in two stages. In the first study, the construct validity of the scale (N 412) was revealed by exploratory factor analysis and, also convergent and discriminant analysis in the banking sector. The second study was carried out in the teacher sample (N 224) and analysed for confirmatory factor analysis and predictive validity of ...More

Fear of success and life satisfaction in terms of self-efficacy

Hasan YILMAZ

The purpose of the present research is presenting the relationships between self-efficacy, fear of success and life satisfaction; and determining the predictive power fear of success and self-efficacy on life satisfaction. For this purpose, self-efficacy, fear of achievement and life satisfaction scales were implemented on 625 individuals. In the analysis of the data, t-test and regression analysis were utilized. According to the findings of the research, there is a negative correlation between self-efficacy and fear of achievement. There is a relationship between all subscales of self-efficac ...More

Innovative technologies in educational process of teaching computer graphics

Zamirgül KAZAKBAYEVA

The purpose of this article is to show the importance of the application and use innovative technologies in educational process. This article considers the problems of teaching 2D- and 3D-computer graphics technologies in the higher educational institutions. Support of independent works of students for project creation. The paper also presents personal original video tutorials developed in the Kyrgyz-Turkish University Manas and shares the experience of video lessons creation. However, one of the main problems at secondary schools and higher educational institutions is the lack of video lesson ...More

The moderator role of negative environment perceptions in the effect of achievement motivation on work values in entrepreneurship

Ömer Lütfi ANTALYALI

The relationship between long-term portfolio investments and growth in the context of asset characteristics and development level

İbrahim Halil SUGÖZÜ

This study investigates the linkage between portfolio investment and economic growth in 18 developed and 27 developing countries. Furthermore, it compares and analyzes interest-bearing and non-interest-bearing assets and the economic development level. The results of our analysis show that long-term portfolio investment is positively associated with economic growth in developing countries. Long-term portfolio investment through non-interest-bearing assets contribute more to economic growth in developing countries. However, stocks and long-term bond portfolio investment are unrelated to economi ...More

Tourism, promotion and international public relations

Erkan AKGÖZ

Employment Vulnerability and Earnings in Kyrgyzstan

Kamalbek KARIMŞAKOV

Employment vulnerability is considered as working under inadequate conditions. This research examined the impact of employment vulnerability on earnings with special reference to gender-based differences. Analyses were based on panel data for 2010-2013 and 2016 from the household survey. A panel data fixed-effects model with instrumental variable within the Lewbel (2012) method was applied to estimate an earnings equation. Results indicates negative impact of employment vulnerability on earnings. Women experienced this negative effect more severely. Given these empirical findings, government l ...More

Artificial Neural Network Model for Evaluating Parameters of Reflection-Asymmetric Samples From Reference-Plane-Invariant Measurements

Mehmet ERTUĞRUL

A technique based on artificial neural network (ANN) is proposed to extract the electromagnetic properties of reflection-asymmetric samples from reference-plane-invariant (RPI) scattering parameter measurements. It first determines reference plane transformation distances and then extracts the material properties. The number of neurons in the hidden layer of the ANN model was evaluated subject to accuracy and time constraints. We examined the conformity of the dataset of the ANN model and the required time for the training process by considering different numbers of neurons in the selected hid ...More

Synthesis, characterization and coating properties of carboxymethyl cellulose from sock production wastes

Nurzat ŞAYKİYEVA | Kubat KEMELOV | Mirlan MOLDOBAYEV | Canıl İSKAKOVA | Mustafa DOLAZ

This study aims to evaluate and reuse defective products and cotton wastes resulting from factories producing socks in Bishkek, Kyrgyzstan, in order to solve the issues related to their disposal. For this purpose, microcrystalline cellulose (MCC) was obtained after isolating the cellulose from these wastes by treating them with sulfuric acid solutions. Then, under constant NaOH and monochloroacetic acid (MCA), CMC with the highest DS value of (0.65) was synthesized at 65 degrees C for 2 hours. When the reaction time was increased (3, 4 and 5 hours) at the same temperature, the DS value decreas ...More