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A Research on the Determination of Job Selection Criteria of the Senior Undergraduate Students

Posted on Tuesday August 5th, 2014 by

Article Information

Journal:	Business and Economics Research Journal
Title of Article:	A Research on the Determination of Job Selection Criteria of the Senior Undergraduate Students
Author(s):	Oya Korkmaz, Nüket Kırcı Çevik
Volume:	5
Number:	3
Year:	2014
Page:	167-186
ISSN:	1309-2448

Abstract

This study examines factors which are effective in the students’ choice of employment, that if these factors change in terms of the demographic characteristics of the students or not and the correlations among these questions factors. Based on the findings obtained; the most important criteria in the event of job search is “employment in a workplace with a good wage policy”. The other factors which are effective in the students’ choice of employment respectively are “employment offering career opportunities”, ”employment in a workplace with a good working environment”, employment in a workplace with a job security”, “employment in a workplace with flexible working hours”, “employment in a workplace with close relationships with foreign countries” and “employment in a workplace with up-to-date tools and equipments”. According to statistical analysis applied in this study, it is determined that the order of significance of the factors which are effective in the students’ choice of employment changes in terms of demographic characteristics of the students and there are correlations among these factors.

Keywords:

Choice of employment criteria, person-job harmony, strategic human resources, career management, frequency analysis

JEL Classification:

J21, J23, J24, J31

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Entrepreneurial Characteristics of Turkey’s Top 100 Industrial Enterprises According to Their Mission and Vision Statements

Posted on Tuesday August 5th, 2014 by

Article Information

Journal:	Business and Economics Research Journal
Title of Article:	Entrepreneurial Characteristics of Turkey’s Top 100 Industrial Enterprises According to Their Mission and Vision Statements
Author(s):	Yücel Erol, Engin Kanbur
Volume:	5
Number:	3
Year:	2014
Page:	149-165
ISSN:	1309-2448

Abstract

The mission statement describes the overall purpose of an organization and the vision statement describes the attractive image toward which it wants to arrive. Organizations take attention to some traits in their mission and vision statements, such as, innovation, leadership, competitiveness, risk taking, creativity, quality, flexibility, reliability, learning and etc. Most of these traits are of significiant impact on the successful future of the organizations. In this study, the mission and vision statements are thought as a mirror reflecting entrepreneurial capability of an organization. The aim of this study is to evaluate the entrepreneurial characteristics of leading organizations in Turkey by the help of their mission and vision statements. In order to achieve this aim, entrepreneurial characteristics of organizations have been determined as meaningful factors through the literature at first. Then, the mission and vision statements of each organization in Turkey’s Top 100 Industrial Enterprises List are examined according to these factors. As a result of this assessment, it can be seen that, some of the organizations exhibit a great performance on entrepreneurial characteristics while others haven’t got the same performance. Moreover, it has been understood that some entrepreneurial characteristics have a great role in some sectors.

Keywords:

Entrepreneurship, mission, vision, Turkey’s top 100 ındustrial enterprises

JEL Classification:

L21, L25, L26

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Sustainable Supplier Selection with A Fuzzy Multi-Criteria Decision Making Method Based on Triple Bottom Line

Posted on Tuesday August 5th, 2014Tuesday August 5th, 2014 by

Article Information

Journal:	Business and Economics Research Journal
Title of Article:	Sustainable Supplier Selection with A Fuzzy Multi-Criteria Decision Making Method Based on Triple Bottom Line
Author(s):	Burcu Avcı Öztürk, Funda Özçelik
Volume:	5
Number:	3
Year:	2014
Page:	129-147
ISSN:	1309-2448

Abstract

To meet the demands of various stakeholders and to comply with environmental legislations, businesses started to look at their supply chain to enhance their overall sustainability profile. Supply chain operations with sustainability awareness have become an important issue in recent years and make the sustainable supplier performance evaluation and selection process as a central concept of sustainable supply chain management. In this study, supplier selection problem is modelled within the context of sustainable supply chain based on the triple bottom line concept. This paper examined the problem of identifying best supplier based on sustainability principles for supplier selection operations in supply chains. Due to it’s multi-criteria nature, the sustainable supplier selection process requires an appropriate multi-criteria analysis and solution approach. Fuzzy TOPSIS method is applied for the performance evaluation and selection of an appropriate sustainable supplier of an energy company. According to the results, Supplier1 is recommended with low risk as the best sustainable supplier alternative.

Keywords:

Sustainable supply chain, triple bottom line, fuzzy TOPSIS method

JEL Classification:

C61, M40, Q56

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Analysing the Fiscal Sustainability of Central and Local Governments in Turkey

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Article Information

Journal:	Business and Economics Research Journal
Title of Article:	Analysing the Fiscal Sustainability of Central and Local Governments in Turkey
Author(s):	Recep Tekeli, Hakan Hotunluoğlu
Volume:	5
Number:	3
Year:	2014
Page:	113-127
ISSN:	1309-2448

Abstract

Economic crises in recent years, might be seen as a natural result of governments’ unsustainable policies. Fiscal sustainability refers to the ability to maintain the government’s current policies. The aim of this study is with the aid of intertemporal borrowing constraint approach imposed by Hamilton and Flavin (1986) to evaluate the sustainability of fiscal policies implemented in Turkey’s economy, using the data between 1975 and 2012 period. Within the scope of this aim, as an indicator of budget deficit, the PSBR / GDP variable, the ratio of total public sector borrowing requirement to the gross domestic product is used. Also in this study the local authorities were compared with the central government in terms of fiscal sustainability. In the literature it has been proposed that taking into account the structural break in testing for the stationarity would be appropriate techniques to use. Therefore, with the current methods in the literature, years that occured a structural break have been identified and in the context of political economy, the effect of election years on structural break assessed. We could not obtain an evidence to support the strong form of budget deficit sustainability.

Keywords:

Budget deficit, fiscal sustainability, structural break, unit root, Turkey

JEL Classification:

H61, H62

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Evaluation of Public Procurement System Considering the Principles of Competition, Transparency and Equal Treatment

Posted on Tuesday August 5th, 2014 by

Article Information

Journal:	Business and Economics Research Journal
Title of Article:	Evaluation of Public Procurement System Considering the Principles of Competition, Transparency and Equal Treatment
Author(s):	Özhan Çetinkaya
Volume:	5
Number:	3
Year:	2014
Page:	97-112
ISSN:	1309-2448

Abstract

Public procurement system is constituted by the procurements needed by the State as well as the operations carried out to bring its property to the use of private sector. Different laws are applicable to these two types of operations. Public Procurement Law numbered 4734 is applicable to spending, and State Procurement Law dated 2886 is applicable to income-generating operations. Recent studies have revealed that the principles of competition, transparency and equal treatment, which are said to be the core of procurement system, have been ruined due to the content of certain provisions of the related laws and problems in practice. It will be possible to talk about the existence of a healthier procurement system and public gains as long as the problems are identified and solutions are put into practice.

Keywords:

Public procurement system, transparency, competition, equal treatment

JEL Classification:

H50, H57, D41, D73

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Awareness on Economic, Social, and Environmental Effects of the Global Warming: Experimental Findings From Turkey

Posted on Tuesday August 5th, 2014 by

Article Information

Journal:	Business and Economics Research Journal
Title of Article:	Awareness on Economic, Social, and Environmental Effects of the Global Warming: Experimental Findings From Turkey
Author(s):	Rüştü Yayar, Çetin Kaplan, Ümit Şimşek
Volume:	5
Number:	1
Year:	2014
Page:	81-95
ISSN:	1309-2448

Abstract

The study aims to reveal the awareness upon the various effects of global warming. In this sense, we tried to reveal social, economic, and environmental effects of the global warming and the awareness related to these effects. In this study, the effects of global warming and awareness issues are discussed in the concept of global warming. Economic, social, and environmental effects of global warming are established, a questionnaire was applied to investigate global warming awareness within the framework of these effects. Five-point Likert scale was used in the questionnaire performed to 1454 participants. The analysis was carried out using the logistic regression model the questionnaire was performed in urban living areas within TR83 Region (Samsun, Amasya, Çorum and Tokat).

Keywords:

Global warming, effects of global warming, awareness

JEL Classification:

Q51, Q54, R29

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The Relationship Between Exchange Rate-Interest Rate and Stock Return in Turkey: An Empirical Analysis

Posted on Tuesday August 5th, 2014Thursday August 7th, 2014 by

Article Information

Journal:	Business and Economics Research Journal
Title of Article:	The Relationship Between Exchange Rate-Interest Rate and Stock Return in Turkey: An Empirical Analysis
Author(s):	Mehmet Şentürk, Engin Dücan
Volume:	5
Number:	3
Year:	2014
Page:	67-80
ISSN:	1309-2448

Abstract

In this study, interest rate and exchange rate dynamics and their impact on stock returns were examined in Turkey between the periods of 1997:01-2013:05 with ADF, PP and KPSS unit root tests, impulse-response and variance decomposition analysis build upon VAR model and Granger causality analysis. Accordingly, exchange rate and interest rates affect stock returns are negative for about three months. Here, interest rate on stock returns, rather than the exchange rate is effective. In other words, while increase the interest rate and exchange rate, stock return are diminishing. However, stock return, are more sensitive to changes in the interest rates relative to exchange rate. In addition, there are unidirectional causality relationships from exchange rate to stock returns and from interest rate to exchange rate.

Keywords:

Stock returns, interest rate, exchange rate, VAR, Granger causality

JEL Classification:

E44, F31

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Alternative Methods Of Estimating Output Gap For Turkey

Posted on Tuesday August 5th, 2014 by

Article Information

Journal:	Business and Economics Research Journal
Title of Article:	Alternative Methods Of Estimating Output Gap For Turkey
Author(s):	Bedriye Saraçoğlu, Özlem Yiğit, Necmettin Alpay Koçak
Volume:	5
Number:	3
Year:	2014
Page:	43-65
ISSN:	1309-2448

Abstract

Output gap is defined as the difference between the potential output and actual output. There are several approaches used in the literature to estimate output gap. With this study it is aimed to obtain alternative output gap estimations for Turkish Economy, considering the constraints of approaches that are used in the literature. With this aim, output gap is estimated using two methods such as (1) Structural VAR (Sutructural Vector Autoregressive Model-SVAR) approach proposed in Blanchard and Quah (1989), and (2) Modified Hodrick Prescott Filter based on ARIMA model proposed in Kaiser ve Maravall (2005). These methods are compared to the most frequently used HP filter method in the literature. The output gap estimations are compared in terms of their actual inflation prediction power considering that output gap estimation is an essential input in structuring price stability policy. As a result it can be asserted that output gap estimated by SVAR method produces more successful results in predicting actual inflation.

Keywords:

Output gap, Phillips curve, inflation forecast, modified HP filter, SVAR

JEL Classification:

C32, C36, E31, E32

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An Unpleasant Real Exchange Rate Arithmetic

Posted on Tuesday August 5th, 2014Tuesday August 5th, 2014 by

Article Information

Journal:	Business and Economics Research Journal
Title of Article:	An Unpleasant Real Exchange Rate Arithmetic
Author(s):	Murat A. Yülek
Volume:	5
Number:	3
Year:	2014
Page:	1-13
ISSN:	1309-2448

Abstract

Real exchange rates influence the competitiveness of tradable goods produced in a country, and thus the latter’s external balance. In the short-run, real exchange rates are influenced by real, as well as monetary variables. With a view to maintain their competitiveness in international markets, exporters are expected not to prefer overvalued local currencies. Thus, the conventional wisdom suggests that the interests and lobbying power of exporters may be directed to the policy makers towards a healthier external trade and current account balance. This article studies the effect of import dependence and profitability/branding levels of export firms on their real exchange rate preference. A simple partial analysis model shows that high import dependence may tilt exporters’ preferences towards overvaluation, rather than equilibrium or undervaluation of the real exchange rate. The model also implies that this “unpleasant real exchange rate arithmetic” may trigger a vicious circle involving an increasing preference for overvaluation leading to an even higher import dependence. Intrinsic profitability/brand equity of exporters, may partially reverse this preference for overvaluation; so this anomaly may rather relate to relatively less developed economies.

Keywords:

Real exchange rate, trade balance, external balance, beggar-thy-neighbor, brand equity

JEL Classification:

F40, F41

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The Mediating Role of Interpersonal Deviance on Effects of Emotional Labor to Job Performance and Intention to Quit

Posted on Monday April 21st, 2014 by admin

Article Information

Journal:Business and Economics Research Journal

Title of Article:The Mediating Role of Interpersonal Deviance on Effects of Emotional Labor to Job Performance and Intention to Quit

Author(s): Memduh Begenirbas, Abdullah Calıskan

Volume: 5

Number: 2

Year: 2014

Page:109-127

ISSN:1309-2448

Abstract

In this study, the effects of service employees’ job performance and intentions to quit on their displays of emotional labor are examined. Also, the mediating role of interpersonal deviance on these effects are also observed. For this purpose, data are obtained and analyzed from 403 private service employees’ working in Ankara. The relations and effects between variables are presented by correlation and regression analyses. The validity of scales are measured with structural equation model. According to the findings, it is seen that employees’ emotional labors have significant effects on their job performance and intention to quit the job. Particularly, it is found that while job performances of employees who act surfacely are low, but their intentions to quit are high. It is observed that interpersonal deviance has negative contribution to the employees’ job performance, but positive contribution to the intention to quit. And also, coming through that interpersonal deviance has partial mediating role between emotional labor and job performance and intention to quit. Due to the findings of this study, recommendations are given for the managers of service sector to recruit and maintain productive and effective service emplooyees.

Keywords:Emotional Labor job performance, intention to quit, interpersonal deviance.

JEL Classification:M10, M12, D23

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