Category: Manuscript

An Empirical Research on the Antecedents and Consequences of Corporate Entrepreneurship in Turkish Industry Companies

An Empirical Research on the Antecedents and Consequences of Corporate Entrepreneurship in Turkish Industry Companies

Article Information
Journal: Business and Economics Research Journal
Title of Article: An Empirical Research on the Antecedents and Consequences of Corporate Entrepreneurship in Turkish Industry Companies
Author(s): Metin Ocak, H. Nejat Basim
Volume: 8
Number: 1
Year: 2017
Page: 131-151
ISSN: 1309-2448
DOI Number: 10.20409/berj.2017126249
Abstract
This study was conducted to explore some antecedents and the consequences of corporate entrepreneurship which is an important factor of successful organizations in a structural equation model. For this purpose, a field study was executed on 411 managers who work in different firms which are members of Istanbul Chamber of Industry Organization. The structural equation modeling was used for analyzing the data. Results showed that the antecedents of corporate entrepreneurship those environment, organizational size and structure had significant effects on corporate entrepreneurship behaviors. In addition to this, it was found that corporate entrepreneurship behaviors had significant effects on perceptual organizational performance. Thus, with the help of correlations between the variables, the equation model was generally supported. With the examination of all results, it was found that it is possible to form a model in which the corporate entrepreneurship behaviors are in the center; environment, organizational size and structure are the antecedents and organizational performance is the consequence of Corporate Entrepreneurship. All these results were discussed in the light of the findings in the literature.

Keywords: Corporate Entrepreneurship, Environment, Organizational Structure, Organizational Size, Perceptual Organizational Performance

JEL Classification: L22, L25, L26

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Advergames Aiming Children in Turkey: A Content Analysis of 65 Advergames

Advergames Aiming Children in Turkey: A Content Analysis of 65 Advergames

Article Information
Journal: Business and Economics Research Journal
Title of Article: Advergames Aiming Children in Turkey: A Content Analysis of 65 Advergames
Author(s): Raife Meltem Yetkin Ozbuk, Duygu Aydin Unal
Volume: 8
Number: 1
Year: 2017
Page: 115-130
ISSN: 1309-2448
DOI Number: 10.20409/berj.2017126248
Abstract
The purpose of this study is to examine advergame practices of top performing companies targeting children and operating in Turkey. Top 500 leading companies operating in Turkey was determined. Among them, websites of the companies targeting children were analysed and the prevalence of advergames integrated in the Websites of these companies was evaluated by conducting content analysis according to the determined features from an extensive literature review. Among top 500 leading companies, only 10 companies, which are all operating in the food-beverage industry, integrated a total of 84 advergames on their Web sites. However, only 65 advergames of 8 companies were reached in the coding process. The results demonstrated that the companies operating in Turkey do not use advergames extensively and these games are lack of many features of advergames. A content analysis of advergames has not yet been conducted in Turkey. By introducing Persuasion Knowledge Model and the model of Processing of Commercial Media Content, the present paper provided a different approach for evaluating the effects of various features of advergames on children.

Keywords: Advergames, Content Analysis, Food Industry and Turkey, Persuasion Knowledge Model, Processing of Commercial Media Content

JEL Classification:  M31, M37

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A Mathematical Modeling Approach for Materials Requirements Planning in Remanufacturing

A Mathematical Modeling Approach for Materials Requirements Planning in Remanufacturing

Article Information
Journal: Business and Economics Research Journal
Title of Article: A Mathematical Modeling Approach for Materials Requirements Planning in Remanufacturing
Author(s):  Rızvan Erol, Gulsun Nakıboglu
Volume: 8
Number: 1
Year: 2017
Page: 101-114
ISSN: 1309-2448
DOI Number: 10.20409/berj.2017126247
Abstract
Remanufacturing has become an ever more important topic due to a growing need for environmental-friendly production strategies and an efficient use of resources. Traditional materials requirements planning (MRP) methods need to be adjusted in line with these new manufacturing environments where both manufacturing and remanufacturing are involved. In this study, a mathematical programming model is formulated for materials requirements planning decision in a multi-product, multi-period remanufacturing system where the assembly of final product is done both through use of parts procured from the disassembly of returned (used) (core) products and by ordering new (unused) parts. The decisions regarding the purchase and disassembly of new parts or used products as part of materials requirements planning are made for the purpose of minimizing the costs. The developed model takes into account, in a deterministic manner, the quality of the product to be disassembled, disposal cost of defective cores, lead time for purchasing new parts, disassembly bill of materials, disassembly capacity and disassembly time of each part. The mathematical model is illustrated through application to a sample problem, and an experimental design is provided in order to identify the ways in which different conditions in a manufacturing environment affect the total cost of the system.

Keywords: Remanufacturing, Materials Requirements Planning (MRP), Reverse Logistics, Disassembly, Mathematical Modeling

JEL Classification: C61, M190, Q53

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The Role of ERP in Advanced Managerial Accounting Techniques: A Conceptual Framework

The Role of ERP in Advanced Managerial Accounting Techniques: A Conceptual Framework

Article Information
Journal: Business and Economics Research Journal
Title of Article: The Role of ERP in Advanced Managerial Accounting Techniques: A Conceptual Framework
Author(s): Melek Eker, Alp Aytac
Volume: 8
Number: 1
Year: 2017
Page: 83-100
ISSN: 1309-2448
DOI Number: 10.20409/berj.2017126246
Abstract
In the business literature many studies done to shed light how ERP system and advanced managerial accounting techniques team up. For quick and accurate managerial decisions and effective implementation of advanced management techniques, firms need a strong information technology infrastructure. The purpose of this paper is to search theoretically how ERP system and advanced managerial accounting techniques collaborate.

Keywords: ERP, Advanced Managerial Accounting Techniques, Managerial Accounting Systems

JEL Classification: M10, M40

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Selection and Market Timing Ability of BIST 30 Indexes Funds

Selection and Market Timing Ability of BIST 30 Indexes Funds

Article Information
Journal: Business and Economics Research Journal
Title of Article: Selection and Market Timing Ability of BIST 30 Indexes Funds
Author(s): Arzu Sahin
Volume: 8
Number: 1
Year: 2017
Page: 63-81
ISSN: 1309-2448
DOI Number: 10.20409/berj.2017126245
Abstract
The index fund managers, who aim to offer the investor at least as much as the return of the base index, are expected to exhibit selection and timing ability. Based on this expectation the aim of this study is to investigate the selection and timing ability of BIST 30 indexes funds. Therefore, the selection and timing ability of fund managers were tested by applying Treynor-Mazuy, Henriksson-Merton and Jensen-Alpha methods to the daily returns of 7 BIST 30 indexes funds between the time period of January 2005 and December 2015. The analysis findings indicate that none of the 7 funds had statistically significant positive alphas and related timing coefficients so BIST 30 index funds managers did not have selective ability and market timing ability.

Keywords: Index Mutual Funds, Selection, Timing, Quadratic Regression, Dummy Variable Regression

JEL Classification: G11, C32

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Gini Approach for Determining of Regional Digital Divide in Turkey

Gini Approach for Determining of Regional Digital Divide in Turkey

Article Information
Journal: Business and Economics Research Journal
Title of Article: Gini Approach for Determining of Regional Digital Divide in Turkey
Author(s): Huseyin Fidan
Volume: 8
Number: 1
Year: 2017
Page: 49-62
ISSN: 1309-2448
DOI Number: 10.20409/berj.2017126244
Abstract
Information Technologies that provide many advantages bring some problems depending on the usage differences. Differences that occur between those who can use information technology and who can’t has led to inequalities. The issue that has been referred as digital gap or digital divide has deepened and determining the level of inequality caused gain importance by developments in technology. In determining the level of the digital divide computer and internet are often used as indicators, analysis are conducted with statistical methods based on demographic variables. Gini method which is one of the standard tools for the measurement of inequality, is rarely used in digital divide studies. In Turkey, there are no studies to determine the level of digital divide using the Gini coefficients. In this study, the differences between the computer and internet usage levels of people living in Turkey are defined by the Gini approach. The data to determine of these differences were obtained from computer and internet usage research of Level1 Regions in TUIK Household Survey on Information Technology Usage. In this research, it has been determined the digital divide between regions in computer and internet usage is low relatively. Gini coefficients have been calculated among gender for each region and it has been determined that TR9 has the highest and TR11 has the lowest level of the digital divide.

Keywords: Information Systems, Inequalities, Digital Divide, Digital Gap, Gini Coefficients

JEL Classification: D63, O33

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Stability of Money Demand Function in Turkey

Stability of Money Demand Function in Turkey

Article Information
Journal: Business and Economics Research Journal
Title of Article: Stability of Money Demand Function in Turkey
Author(s): Oguz Tumturk
Volume: 8
Number: 1
Year: 2017
Page: 35-48
ISSN: 1309-2448
DOI Number: 10.20409/berj.2017126243
Abstract
The purpose of this study is to investigate the money demand function and its stability in Turkey using annual data over the period of 1970 and 2013. Based on the three specifications of money demand function, cointegration and the dynamic regression estimation results reveal that more flexible version of money demand specification that links the log of real money balances, ln M/P, to the log of real GDP, ln Y/P, and the log of the nominal interest rate, lni, performs better than the money demand specifications assuming unitary income elasticities. Moreover, based on the stability test on the flexible specification of money demand, the narrow monetary aggregate M1 is found to be stable.

Keywords: Money Demand, Income and Interest Elasticities, Stability, Dynamic OLS

JEL Classification: E41, E52

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The Causality Link Between Electricity Consumption and Economic Growth in Turkey: Evidence from ARDL Bounds Testing Procedure

The Causality Link Between Electricity Consumption and Economic Growth in Turkey: Evidence from ARDL Bounds Testing Procedure

Article Information
Journal: Business and Economics Research Journal
Title of Article: The Causality Link Between Electricity Consumption and Economic Growth in Turkey: Evidence from ARDL Bounds Testing Procedure
Author(s): Ugur Korkut Pata, Harun Terzi
Volume: 8
Number: 1
Year: 2017
Page: 19-33
ISSN: 1309-2448
DOI Number: 10.20409/berj.2017126242
Abstract
Electricity consumption is regarded as an indicator of welfare in both developing and developed countries. In this study, the causality link between net electricity consumption and economic growth in the Turkish economy is investigated by the 55 annual observations covering the period from 1960 to 2014. According to the results of UVAR and ARDL analysis resolved with both AIC and SIC information criteria, there is a positive unidirectional and statistically significant causality moving from net electricity consumption to economic growth in the short/long run. The empirical results indicate that the energy led-growth hypothesis is valid for Turkey, that is growing net electricity consumption positively stimulates the economic growth in the short/long run.

Keywords: Electricity Consumption, Economic Growth, ARDL, Bounds Test, Turkey

JEL Classification: C22, Q43, Q48

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Total Factor Productivity and Efficiency in OECD Countries: Possibility of Convergence in 2000-2012 Period

Total Factor Productivity and Efficiency in OECD Countries: Possibility of Convergence in 2000-2012 Period

Article Information
Journal: Business and Economics Research Journal
Title of Article: Total Factor Productivity and Efficiency in OECD Countries: Possibility of Convergence in 2000-2012 Period
Author(s): Aziz Kutlar, Ali Kabasakal, Ahmet Gulmez
Volume: 8
Number: 1
Year: 2017
Page: 1-18
ISSN: 1309-2448
DOI Number: 10.20409/berj.2017126241
Abstract
This study discusses efficiency, productivity, and the existence of convergence in 34 OECD countries between 2000 and 2012. Physical capital per worker and human capital per worker are used as inputs to determine total factor productivity and efficiency scores in data envelopment analysis while GDP per worker is used as the output. Efficiency scores observed in CCR and BCC models indicate that Latin American and Eastern European countries are more efficient. Analysis of productivity by using the Malmquist Index indicates that productivity was positive but increased less than 1 percent at the end of the period. Panel regression estimation is used for standard deviations of convergence and to determine beta convergence. If GDP per worker is (yi), there is convergence between log(yi/yi,t-T,) and starting values log(yi,t-T); however, the convergence effect of TFP values could not be determined. Similar results are reported for Sigma convergence.

Keywords: Panel data, Malmquist Index, TFP, OECD countries, Convergence

JEL Classification: C23, C43, D24, O47

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The Role of Accounting and Marketıng in Calculating Customer Lifetime Value on Key Account Management in B2B/Industrial Markets

The Role of Accounting and Marketıng in Calculating Customer Lifetime Value on Key Account Management in B2B/Industrial Markets

Article Information
Journal: Business and Economics Research Journal
Title of Article: The Role of Accounting and Marketıng in Calculating Customer Lifetime Value on Key Account Management in B2B/Industrial Markets
Author(s): Vedat Ekergil, Nezihe Figen Ersoy
Volume: 7
Number: 4
Year: 2016
Page: 159-180
ISSN: 1309-2448
DOI Number: 10.20409/berj.2016422345
Abstract
Customer lifetime value is a concept which many academics and in practice many marketing managers are working on for a long time. The main objective of the customer lifetime value is to determine the degree of importance of customers for the company. Answers of questions such as; how much the company should invest to which customer, what kind of marketing strategies should it prefer for which customer and which campaigns should it organize; can be determine by calculating the customer lifetime value. Many academics have proposed several models for the calculation of Customer lifetime value. But there is not any judgement in the literature about which types of models provide superior results. The purpose of this study is to create a cluster between customers with examining some of the models deemed suitable for the selected sector in the literature, result of the calculations, using the same database and variables.

Keywords: Customer, Customer Lifetime Value, Key Account, Accounting of Marketing, Segmentation

JEL Classification: M31, M40, M41

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