Makale – Page 32 – BUSINESS AND ECONOMICS RESEARCH JOURNAL

Category: Makale

The Effect of Employees Emotional Intelligence Skills on Perceptions Quality of Work Life: Example of Turkey And Azerbaijan

Posted on Sunday July 29th, 2018Monday July 30th, 2018 by

Article Information

Journal:	Business and Economics Research Journal
Title of Article:	The Effect of Employees Emotional Intelligence Skills on Perceptions Quality of Work Life: Example of Turkey And Azerbaijan
Author(s):	Sabina Mustafayeva, Ferda Ustun
Volume:	9
Number:	3
Year:	2018
Page:	665-680
ISSN:	2619-9491
DOI Number:	10.20409/berj.2018.130

Abstract

The aim of this study, in which employees ’emotional intelligence skills and perceptions of business quality of life are assessed in a holistic approach, determines the impact of employees’ perceptions of emotional intelligence skills on perceived quality of work. The sample of the research is composed of academic staff of Azerbaijan State Agricultural University and Nevsehir Haci Bektas Veli University (n=231). Another goal of the research is to determine whether the perceptions of emotional intelligence and quality of life differ between the employees of these two countries. Society, the academicians working on behalf of countries and the development of science, need to be competent in directing their relations with other individuals and their surroundings. In this sense, it is important to determine the effect of the talents of the academicians on their perceptions about the quality of work life. The perception of business quality, which plays an important role in helping academics cope with the exhausting and stressful cycle of business life, will only be possible with a high emotional intelligence. Findings showed that the perceptions of academics working quality of work life in Turkey is higher than those working in Azerbaijan have been identified. It was also found that sociability, which is one of the emotional intelligence skills in both countries, has a positive effect on the perception of the quality of work life.

Keywords:

The Emotional Intelligence, The Quality of Work Life, Turkey, Azerbaijan

JEL Classification:

L20, D23, M10

Full Text

Does The Perception of Job Insecurity Bring Emotional Exhaustion? The Relationship between Job Insecurity, Affective Commitment and Emotional Exhaustion

Posted on Sunday July 29th, 2018Monday July 30th, 2018 by

Article Information

Journal:	Business and Economics Research Journal
Title of Article:	Does The Perception of Job Insecurity Bring Emotional Exhaustion? The Relationship between Job Insecurity, Affective Commitment and Emotional Exhaustion
Author(s):	Gokhan Kerse, Daimi Kocak, Sefik Ozdemir
Volume:	9
Number:	3
Year:	2018
Page:	651-663
ISSN:	2619-9491
DOI Number:	10.20409/berj.2018.129

Abstract

This studyexamines the effect of job insecurity on the level of emotional exhaustion and the role of affective commitment level on this influence. The survey (was conducted on 136 employees of a company operating in the manufacturing sector. Data were collected by questionnaire technique. In the process of analyzing the data was used SPSS and AMOS packaging programs.Structural equation modeling analysis was used to test the hypotheses developed in the research. The findings of the analysis showed that job insecurity effects affective commitment in the negative direction and emotional exhaustion in the positive direction. In addition, it has been determined that affective commitment plays a partial mediating role on the effect of job insecurity on emotional exhaustion. In other words; job insecurity affectsemotional exhaustion both directly and through affective commitment. The findings in the research are thought to contribute to both the literature and the business managers.

Keywords:

Job Insecurity, Affective Commitment, Emotional Exhaustion

JEL Classification:

D23, M10

Full Text

The Role of the Innovation in the Relationship between Intellectual Capital and Organizatıonal Performance in the Maritime Firms

Posted on Sunday July 29th, 2018Monday July 30th, 2018 by

Article Information

Journal:	Business and Economics Research Journal
Title of Article:	The Role of the Innovation in the Relationship between Intellectual Capital and Organizatıonal Performance in the Maritime Firms
Author(s):	Murat Yorulmaz, Guler Alkan
Volume:	9
Number:	3
Year:	2018
Page:	631-650
ISSN:	2619-9491
DOI Number:	10.20409/berj.2018.128

Abstract

The main objective of this study is to determine the causal relationships between intellectual capital, organizational performance and innovation in maritime transport firms operating in a global and dynamic competitive environment. It is also another purpose of the study to find out whether there is a mediating variable role in this related innovation. For the purpose of the study, data were collected by survey from 413 executives working in 262 maritime transport operations registered in Istanbul and Marmara, Aegean, Mediterranean and Black Sea Regions Maritime Chamber of Commerce (İMEAK) and Mersin Chamber of Shipping (MDTO). Using the obtained data, research hypotheses were tested with the aid of statistical package programs SPSS 21 and AMOS 21. As a result of the analysis, it was found that the intellectual capital consisting of human, structural and relational capital components has a positive and significant effect on organizational performance and innovation, also innovation has a partial mediating variable effect on this.

Keywords:

Intellectual Capital, Innovation, Marine Management, Maritime Transport

JEL Classification:

M10, M12

Full Text

Taxation of Payments to The Member of the Board of Directors of Joint-Stock Company

Posted on Sunday July 29th, 2018Monday July 30th, 2018 by

Article Information

Journal:	Business and Economics Research Journal
Title of Article:	Taxation of Payments to The Member of the Board of Directors of Joint-Stock Company
Author(s):	Ugur Yigit
Volume:	9
Number:	3
Year:	2018
Page:	619-630
ISSN:	2619-9491
DOI Number:	10.20409/berj.2018.127

Abstract

Chairman and the members of the board of directors can be made payments in different names by the joint-stock companies. A member of the board of directors of a company may be a shareholder of this company at the same time. Because of being a shareholder of the company, the member of the board of directors can be paid dividend. It is possible that a member of the board of directors of a company who is at the same time a shareholder of the company, may also be employed as general manager or assistant general manager based on a contract of employment and in return of this employment, wage can be payed. In this case, payment can be made to the relevant person based on the three titles (member of the board of directors/shareholder of the company/employee of the company). Both the payments made to a natural person chairman of the board of directors and a member, being a shareholder and an employee of the company at the same time and taxation of these payments constitute the subject of this study.

Keywords:

Member of the Board of Directors, Shareholder of a Company, Employee, Wage, Dividend

JEL Classification:

H27, H29, K34

Full Text

Effects of 2008 Financial Crisis on Dividend Payout Policies of Istanbul 100 Index Listed Companies

Posted on Sunday July 29th, 2018Monday July 30th, 2018 by

Article Information

Journal:	Business and Economics Research Journal
Title of Article:	Effects of 2008 Financial Crisis on Dividend Payout Policies of Istanbul 100 Index Listed Companies
Author(s):	Hazal Tasci, Turhan Korkmaz
Volume:	9
Number:	3
Year:	2018
Page:	605-618
ISSN:	2619-9491
DOI Number:	10.20409/berj.2018.126

Abstract

In this study, both the factors affecting the dividend policy and the effect of the financial crises on the dividend policy of the companies were examined based on the 2008 Crisis. For this purpose, the analysis period is divided into three parts as whole period; 2004-2016, pre-crisis period; 2004-2008 and post-crisis period; 2009-2016 and the analysis has been performed by exercising panel data method as using financial data of 43 firms listed in ISE 100 Index. Consequently, a positive relation has been detected among dividend payout ratio being a dependent variable, firm profitability, growth opportunities, retain earning/equity ratio and cash ratio. Contrary to expectations, a positive relationship was found between growth opportunities and dividend payout ratio. On the other hand, it is identified that the factors influencing dividend policy of the firms change and cash ratio increase substantially at crisis periods. Due to the current liquidity problem, many companies have reduced dividend payout ratios in 2009-2010, but continue to pay. This proves that the information content and signaling effect of the dividend is valid even in times of crisis.

Keywords:

Dividend Policy, Financial Crisis, BIST 100, Panel Data, Signaling Theory

JEL Classification:

G35, G10

Full Text

Effects of 2008 Financial Crisis on Dividend Payout Policies of Istanbul 100 Index Listed Companies

Posted on Sunday July 29th, 2018 by

Article Information

Journal:	Business and Economics Research Journal
Title of Article:	Effects of 2008 Financial Crisis on Dividend Payout Policies of Istanbul 100 Index Listed Companies
Author(s):	Hazal Tasci, Turhan Korkmaz
Volume:	9
Number:	3
Year:	2018
Page:	605-618
ISSN:	2619-9491
DOI Number:

Abstract

Keywords:

Dividend Policy, Financial Crisis, BIST 100, Panel Data, Signaling Theory

JEL Classification:

G35, G10

[dm][/dm]

Do Accounting Standards affect the Business Performance and Financial Statement Manipulation on the banks

Posted on Sunday July 29th, 2018Monday July 30th, 2018 by

Article Information

Journal:	Business and Economics Research Journal
Title of Article:	Do Accounting Standards affect the Business Performance and Financial Statement Manipulation on the banks
Author(s):	Ali Ihsan Akgun
Volume:	9
Number:	3
Year:	2018
Page:	589-603
ISSN:	2619-9491
DOI Number:	10.20409/berj.2018.125

Abstract

Financial statement manipulation has been well-rounded analyzed in both finance and accounting literature as it is important to determine whether firms could affect both performance and accounting standards. The purpose of this study is to examine cases of financial reporting manipulations which were subject to published enforcement actions by the Securities Exchange Commission (SEC), Securities Class Action Clearinghouse (SCAC), Accounting and Auditing Enforcement Releases (AAERs) and General Accounting Office (GAO) between 1996 and 2014 for reasons of alleged financial misstatements in the USA. Therefore, this study will provide to examine the relationship between bank performance and financial statement manipulations in the accounting standards. More importantly, although financial misconduct such as financial reporting manipulation is an emerging topic of great importance, a comprehensive literature review of the subject has yet to be carried out in terms of accounting standards. In this context, this study focuses on financial reporting manipulation within the context of International Financial Reporting Standards (IFRS). This study is contributed to the literature by examining the impact of financial reporting manipulation within the same or different systems of accounting standards on bank financial reporting. Findings suggest that banks that manipulate financial statements increase their operating profitability and productivity as a measure of financial performance used in the IFRS.

Keywords:

Financial Statement Manipulation, Corporate Governance, Firm Performance, International Financial Reporting Standards

JEL Classification:

G14, G30, G34, M40, M41

Full Text

Effect of Mandatory IFRS Adoption on Cost of Debt in Turkey

Posted on Sunday July 29th, 2018Monday July 30th, 2018 by

Article Information

Journal:	Business and Economics Research Journal
Title of Article:	Effect of Mandatory IFRS Adoption on Cost of Debt in Turkey
Author(s):	Hakan Ozkaya
Volume:	9
Number:	3
Year:	2018
Page:	579-588
ISSN:	2619-9491
DOI Number:	10.20409/berj.2018.124

Abstract

The ultimate aim of financial reporting is the communication between companies and their stakeholders. To better serve this ultimate aim, International Accounting Standards Board (IASB) required all European Union listed companies to adopt International Financial Reporting Standards (IFRS) starting from January 1, 2005. Some of other emerging countries like Turkey also complied with this requirement. In this paper, whether mandatory adoption of IFRS in 2005 caused a decrease in average cost of debt of Turkish manufacturing firms or not is tested. A cross-section fixed effect panel model was employed for a data set of 138 companies and 646 firm-year observations between years 2002 and 2008. Results show that firms in the sample have a significantly lower cost of debt after adoption year. Moreover, while; firm size, current ratio, GDP growth and interest rates have a positive association with the cost of debt, tangibility and interest coverage have a negative effect on the cost of debt.

Keywords:

IFRS Adoption, Cost of Debt, Financial Reporting, Information Asymmetry, Determinants of the Cost of Debt

JEL Classification:

M41, M48

Full Text

Invidual Investors’ Behaviour on Stock Selection Decision: A Case of BIST

Posted on Sunday July 29th, 2018Monday July 30th, 2018 by

Article Information

Journal:	Business and Economics Research Journal
Title of Article:	Invidual Investors’ Behaviour on Stock Selection Decision: A Case of BIST
Author(s):	Duygu Arslanturk Collu
Volume:	9
Number:	3
Year:	2018
Page:	559-578
ISSN:	2619-9491
DOI Number:	10.20409/berj.2018.123

Abstract

The study seeks to determine the main factors influencing stock selection decisions of individual investors in Borsa İstanbul (BİST). To achieve this objective, an integrated Decision Making Trial and Evaluation Laboratory (DEMATEL) and Analytic Network Process (ANP) method was used and a five-point Likert scale survey questionnaire was designed. The questionnaire included twenty one factors that belong to five categories, namely, accounting information; recommendations; personal financial needs, firm specific attributes and other factors. The results show that there are six most important factors affecting the stock selection decisions of individual investors at the BIST which are brokerage house recommendations, willingness of taking risk for high returns, get rich quick, opinions of the firm’s majority stockholders, suggestions from friends and family and diversification needs. On the other hand, three factors were found to be the least influencing factors on individual investors’ stock selection decisions. The least influencing factors in order of importance were sensitivity of firm performance to overall market performance, fluctuations/developments in the indices of the major markets, affordable share price.

Keywords:

Stock Selection Decision, Invidual Investor, DEMATEL, ANP, BIST

JEL Classification:

G11, G41, C39

Full Text

Adjustment to Target Capital Structure and Global Financial Crisis: Evidence from Turkey

Posted on Sunday July 29th, 2018Monday July 30th, 2018 by

Article Information

Journal:	Business and Economics Research Journal
Title of Article:	Adjustment to Target Capital Structure and Global Financial Crisis: Evidence from Turkey
Author(s):	Yilmaz Yildiz
Volume:	9
Number:	3
Year:	2018
Page:	543-557
ISSN:	2619-9491
DOI Number:	10.20409/berj.2018.122

Abstract

The aim of this study is to investigate the adjustment speed towards target capital structures of the publicly-traded firms in Turkey for the period 2003-2016. To observe the impact of the 2007-2009 global financial crisis on the adjustment speed, additional estimations for the sub-periods are also employed. Consistent with the dynamic trade-off theory, Turkish firms adjust their capital structures to reach the target but the adjustment speed is relatively slow. The findings reveal that firms tend to close the gap between their current and target level of leverage by approximately 12% – 14%, each year. However, the adjustment speed is significantly lower for the post-crisis period (9% – 10%) than the crisis and pre-crisis periods (14%-16%). Additional findings also show that over-levered firms tend to adjust their capital structures more quickly than the under-levered firms. The findings are robust to different methods of estimations and also different considerations of the time periods.

Keywords:

Speed of Adjustment; Dynamic Capital Structure; Trade-off Theory; Financial Crisis; Turkey

JEL Classification:

C23, G3, G32

Full Text