Makale – Page 36 – BUSINESS AND ECONOMICS RESEARCH JOURNAL

Category: Makale

The Participation Decisions of Household Entertainment and Cultural Expenditures in Turkey

Posted on Friday February 2nd, 2018Wednesday February 7th, 2018 by

Article Information

Journal:	Business and Economics Research Journal
Title of Article:	The Participation Decisions of Household Entertainment and Cultural Expenditures in Turkey
Author(s):	Seda Sengul, Haydar Sengul, Kenan Lopcu
Volume:	9
Number:	1
Year:	2018
Page:	15-24
ISSN:	1309-2448
DOI Number:	10.20409/berj.2018.91

Abstract

The purpose of this research is to examine the determinants of household participation in entertainment and cultural activities in Turkey. Data used are obtained from Household Consumption Expenditure Survey of 2009, produced by Turkish Statistical Institute (TurkStat). Box-Cox double-hurdle model adjusted heteroscedasticity was used to estimate the effects of socio-demographic and economic variables on household entertainment and culture expenditure in Turkey. According to the results, socio-economic and demographic variables are found to affect the purchasing decision and the amount demanded by households in entertainment and culture activities in Turkey. However, it has been determined that income (total household expenditure) is the most important determinant of household entertainment and cultural expenditure in Turkey. In this case, it may be advisable to prioritize policy to increase income in order to increase the expenditure of household entertainment and culture in Turkey.

Keywords:

Entertainment Expenditure, Cultural Expenditure, Household, Box-Cox, Double Hurdle, Turkey

JEL Classification:

D11, D12

Full Text

Impact of Foreign Direct Investment on Human Development Index in Nigeria

Posted on Thursday February 1st, 2018Wednesday February 7th, 2018 by

Article Information

Journal:	Business and Economics Research Journal
Title of Article:	Impact of Foreign Direct Investment on Human Development Index in Nigeria
Author(s):	Korhan K. Gokmenoglu, Martins Olugbenga Apinran, Nigar Taspinar
Volume:	9
Number:	1
Year:	2018
Page:	1-13
ISSN:	1309-2448
DOI Number:	10.20409/berj.2018.90

Abstract

Economic growth is a necessary condition for human progress, but not sufficient in itself to guarantee it; therefore, other dimensions and determinants of human development must be investigated by researchers. This paper explores the impact of foreign direct investment (FDI) on the human development index (HDI) in Nigeria for the period of 1972–2013. Johansen cointegration test results reveal a long-term relationship between FDI and human development indices (e.g., school enrollment, life expectancy at birth, and gross national income). Toda-Yamamoto test results show long-run bidirectional causality between FDI and life expectancy at birth. There is also unidirectional causality from FDI to gross national income. These results indicate that FDI has a significant impact on the HDI in Nigeria during the sample period. The striking message our empirical findings conveys is that the effect of FDI on the HDI is a complicated issue, so to obtain optimum results policy-makers should be aware of and take into account the pros and cons of FDI inflows on several aspects of human development.

Keywords:

Foreign direct investment, Human development index, Cointegration, Toda-Yamamoto, Nigeria

JEL Classification:

F40, C01, 015

Full Text

Cointegration Analysis of BIST 30 Index and MSCI Emerging Markets Index: Pre and Post Global Financial Crisis

Posted on Friday December 15th, 2017Wednesday February 7th, 2018 by

Article Information

Journal:	Business and Economics Research Journal
Title of Article:	Cointegration Analysis of BIST 30 Index and MSCI Emerging Markets Index: Pre and Post Global Financial Crisis
Author(s):	Hakki Ozturk
Volume:	9
Number:	1
Year:	2018
Page:	109-121
ISSN:	1309-2448
DOI Number:	10.20409/berj.2017.89

Abstract

This study examines the cointegration between BIST 30 index and MSCI emerging market index from January 2003 to July 2017 by employing Johansen cointegration test. The MSCI emerging markets index is created by Morgan Stanley Capital International and consists of indices from 24 emerging countries. Since the MSCI index is considered as a benchmark in emerging markets, the relationship between Borsa Istanbul and this index is very important for portfolio managers. In addition, to analyze the long-term impact of the recent global financial crisis between Borsa Istanbul and emerging markets, the sample period is divided into two sub-periods : pre and post crisis. For the whole period, there does exist a significant long term relation between Borsa Istanbul and MSCI emerging market index while there is no evidence of cointegration in the pre-crisis period. However, the results for the post crisis period indicate that Borsa Istanbul and MSCI index are cointegrated that means they move together in the long run. This may suggest that there are limited benefits for portfolio diversification between these markets due to increased globalization of financial markets in recent years.

Keywords:

Istanbul Stock Exchange, MSCI Emerging Markets Index, Cointegration, Johansen Test, Global Financial Crisis

JEL Classification:

C58, G01, G11,G19

Full Text

An Analysis on The Relationship Between Political Stability and Economic Performance in BRICS-T Countries

Posted on Friday December 15th, 2017Wednesday February 7th, 2018 by

Article Information

Journal:	Business and Economics Research Journal
Title of Article:	An Analysis on The Relationship Between Political Stability and Economic Performance in BRICS-T Countries
Author(s):	Ali Eren Alper
Volume:	9
Number:	1
Year:	2018
Page:	49-56
ISSN:	1309-2448
DOI Number:	10.20409/berj.2017.88

Abstract

In this study, the impact of political stability on economic growth in developing countries is examined using the annual data set of the period 1996-2016. In the study with panel data analysis method, political stability in developing countries is detected to assume a positive role in economic growth. Results Show that, %1 increase in political stability triggers economic growth by 1.27%. Furthermore, the economic growth of the model is found to be negatively related to the unemployment rate, inflation rate, and government expenditures; while positively related with trade openness according to the estimation findings.

Keywords:

Political stability, economic growth, panel data analysis

JEL Classification:

C23, P48, O40

Full Text

Problems in Making International Financial Reporting Standards Become “National”: The Case of Turkey

Posted on Wednesday November 8th, 2017Saturday November 11th, 2017 by

Article Information

Journal:	Business and Economics Research Journal
Title of Article:	Problems in Making International Financial Reporting Standards Become “National”: The Case of Turkey
Author(s):	Kerem Sarioglu
Volume:	8
Number:	4
Year:	2017
Page:	849-857
ISSN:	1309-2448
DOI Number:	10.20409/berj.2017.87

Abstract

Among numerous countries adopting International Financial Reporting Standards, Turkey is a country where the entire set is translated to Turkish and approved it as national accounting standards. Considering its history and the country’s established tax based accounting and business culture, using rules that were originated in another language creates problems both in understanding and applying Turkish Accounting Standards. The purpose of this text is to illustrate some of the examples of difficulties in applying Turkish Accounting Standards and to explain past and current financial reporting environment in Turkey.

Keywords:

International Financial Reporting Standards, International Accounting Standards, Language, Business Culture, Accounting Culture

JEL Classification:

M41, M48

Full Text

Online Referrals Categorization and Performance of the Hospitality Industry: The Case of International Hotel Brands in Europe

Posted on Wednesday November 8th, 2017Saturday November 11th, 2017 by

Article Information

Journal:	Business and Economics Research Journal
Title of Article:	Online Referrals Categorization and Performance of the Hospitality Industry: The Case of International Hotel Brands in Europe
Author(s):	Iva Slivar, Ramazan Ufuk Bayer
Volume:	8
Number:	4
Year:	2017
Page:	835-847
ISSN:	1309-2448
DOI Number:	10.20409/berj.2017.86

Abstract

When mentioning online referrals in tourism, the first associations for most are online reviews of guests, usually those on the most popular social media website in tourism – TripAdvisor. In fact, online referrals1 are a much broader concept which is presented through their categorization according to their affiliation to e-marketing domains. The goal of this paper is to research the use of online referrals in hospitality according to the suggested classification. A research featuring a selection of European branded hotel chains, ranging from luxury to budget, and their use of online referrals is presented. The results revealed that most hotels have an average performance in online referrals marketing as a whole, while hotels classified in the budget segment show the worst performance.

Keywords:

Referral Marketing, International Hotel Brands in Europe, Affiliate Marketing, Guest Reviews, Social Media

JEL Classification:

M31, L82, L83

Full Text

Defining Key Factors for Successful Change Management and A New Model Proposal

Posted on Wednesday November 8th, 2017Saturday November 11th, 2017 by

Article Information

Journal:	Business and Economics Research Journal
Title of Article:	Defining Key Factors for Successful Change Management and A New Model Proposal
Author(s):	Gul Eser
Volume:	8
Number:	4
Year:	2017
Page:	815-834
ISSN:	1309-2448
DOI Number:	10.20409/berj.2017.85

Abstract

Change management models proposed by Lewin (1951) and Kotter (1995) are well known in the literature. These models are also well accepted in Turkish literature as well; however they include very broad explanations. It is not clear whether these models can be used as a guide in practice. This study aims to analyze studies conducted in the field of change management in order to determine success indicators for change management practices and suggest a new change management model. For this purpose authorized dissertations and thesis in database of National Thesis Archive at the Council of Higher Education Center and articles published in journals Indexed within ULAKBİM National database were reviewed with keywords “change” and “change management”. 72 relevant studies were analyzed, 31 of which are articles and 41 are thesis and dissertations, 25 of which examined a real change process within an organization. Considering these 25 studies’ result, success indicators for change management are defined as follows; communication, potential resistors, human resources department, leadership, shared vision, incentive, team and culture. The proposed change management model consists of 4 main processes named evaluation of the present state, defining outline for change, monitoring and freezing.

Keywords:

Change, Change Management, Change Model, Change Success Indicators

JEL Classification:

M10, M19

Full Text

The Role of Psychological Capital in Self-leadership: An Empirical Research on State Officials

Posted on Wednesday November 8th, 2017Saturday November 11th, 2017 by

Article Information

Journal:	Business and Economics Research Journal
Title of Article:	The Role of Psychological Capital in Self-leadership: An Empirical Research on State Officials
Author(s):	Meral Kizrak, Papatya S. Bicakci, H. Nejat Basim
Volume:	8
Number:	4
Year:	2017
Page:	797-813
ISSN:	1309-2448
DOI Number:	10.20409/berj.2017.84

Abstract

This study aims to explore the psychological capital factors which may affect self-leadership skills. To this aim, the effects of four sub-constructs of psychological capital (hope, optimism, resilience, self-efficacy) on eight sub-constructs of self-leadership (self-goal setting & visualizing successful performance, focusing thoughts on natural rewards, self-observation, self-reward, self-punishment, self-cuing, self-talk, evaluating beliefs and assumptions) have been investigated. The research data were obtained from 227 state officials in Ankara through questionnaires and convenience sampling. For the data analysis and model test, the structural equation modeling was utilized. The research findings indicate that different self-leadership behaviors are affected by different psychological factors, particularly hope and optimism. On the other hand, the findings reveal that self-cueing is influenced by each psychological factor except for hope. The results also show that none of the psychological sub-constructs has an effect on self-reward or self-punishment. Within this context, employees’ psychological capital has been found to have a partial impact on their self-leadership skills.

Keywords:

Psychological Capital, Self-leadership, Positive Organizational Behavior, Structural Equation Model

JEL Classification:

M12, M53, M54, J24

Full Text

The Effect of Verbal Aggressiveness to Organizational Commitment and Mediating Role of Perceived Peer Support: Kazakhstan Example

Posted on Wednesday November 8th, 2017Saturday November 11th, 2017 by

Article Information

Journal:	Business and Economics Research Journal
Title of Article:	The Effect of Verbal Aggressiveness to Organizational Commitment and Mediating Role of Perceived Peer Support: Kazakhstan Example
Author(s):	Mustafa Karaca
Volume:	8
Number:	4
Year:	2017
Page:	785-795
ISSN:	1309-2448
DOI Number:	10.20409/berj.2017.83

Abstract

The aim of this study is to examine the effect of verbal aggressiveness on organizational commitment while the perceived peer support is the mediator. For this aim, a survey study, which includes 1265 participants from a public health center in Kazakhstan, is used. For the aim of the study, we used hierarchical regression analyses. The results indicate that verbal aggressiveness has a direct effect on organizational commitment and perceived peer support. In addition to this result, it was also found that perceived peer support has a partial mediating role on this relationship. This research has been studied in between Kazakhstan and Turkey. And it is an interdisciplinary study.

Keywords:

Verbal Aggressiveness, Organizational Commitment, Perceived Peer Support, Mediating Effect, Kazakhstan

JEL Classification:

M12, M54

Full Text

(Turkish) İş-Aile Çatışması ile Örgütsel Bağlılık Etkileşiminde Algılanan Yönetici Desteğinin Rolü: Görgül Bir Araştırma

Posted on Wednesday November 8th, 2017Wednesday November 15th, 2017 by

Article Information

Journal:	Business and Economics Research Journal
Title of Article:	The Role of Perceived Supervisor Support in the Interaction between Work-Family Conflict and Organizational Commitment: An Empirical Study
Author(s):	Esra Aydin, H. Nejat Basim
Volume:	8
Number:	4
Year:	2017
Page:	773-784
ISSN:	1309-2448
DOI Number:	10.20409/berj.2017.82

Abstract

In this study, it is aimed at examining the effect of work-family/ family-work conflict on organizational commitment and the mediator effect of perceived supervisor support on this relationship. The data were collected with a survey from 342 participants working in public institutions and the data were analyzed via statistical programs. As a result of the structural equation modeling, the relationship between work-family conflict and organizational commitment was found to be statistically insignificant. On the other hand, family-work conflict was found to predict organizational commitment. In this context, it was found that there was a negative and significant relationship between family-work conflict and organizational commitment. Furthermore, the findings showed that perceived supervisor support had no role in the relationship between work-family conflict and organizational commitment. On the other hand, perceived supervisor support had partial mediation role in this relationship. Consequently, results indicated that work-family conflict decreased organizational commitment and by decreasing work-family conflict, perceived supervisor support increased organizational commitment with an indirect effect. In the study, results of the findings were discussed theoretically and various implications were presented for future studies.

Keywords:

Work-Family Conflict, Family-Work Conflict, Organizational Commitment, Perceived Supervisor Support, Social Exchange Theory

JEL Classification:

L20, M10

Full Text