Calculation of control value and Turkish financial markets

Basit Öğe Kaydı
dc.authorid0000-0002-1827-9842
dc.contributor.authorEyüpgiller, Sait Saygınen_US
dc.contributor.authorİlseven, Nebilen_US
dc.date.accessioned2019-06-27T16:47:13Z
dc.date.available2019-06-27T16:47:13Z
dc.date.issued2015-06-04
dc.departmentIşık Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, İşletme Bölümüen_US
dc.departmentIşık University, Faculty of Economics and Administrative Sciences, Department of Managementen_US
dc.description.abstractThe question of Control Share Premium, more widely referred to as the "control premium" in the literature on corporate valuations is treated as a curious area of study by the academic and professional circles. This paper addresses the question of CSP primarily from a conceptual point of view. We point out, here, that, 1) corporate value drivers, summarized a "private benefits of control," that currently are evident and internal to the acquired businesses are the main determinant of the value of the CSP; 2) CSP is indeed relevant in Turkish financial markets; and, 3) The most meaningful approach to calculate control premiums in Turkish financial markets, as in other regions, would be to employ DCF methodology on the "set of private benefits" that are identified in the target company to be acquired based on its on corporate and sectoral merits. Another conclusion is that as CPS has a certain impact on the valuation of overall equity value of a firm, it has a significant impact on the position of minority shareholders with respect to the minority protection rights in the target company.en_US
dc.description.versionPublisher's Versionen_US
dc.identifier.citationEyüpgiller, S. S., & İlseven, N. (2016). Calculation of control value and turkish financial markets. Pressacademia Procedia, 1, 40-63. doi:10.17261/pressacademia.2016118138en_US
dc.identifier.endpage63
dc.identifier.issn2459-0762
dc.identifier.startpage40
dc.identifier.urihttps://hdl.handle.net/11729/1628
dc.identifier.urihttp://dx.doi.org/10.17261/pressacademia.2016118138
dc.identifier.volume1
dc.identifier.wosWOS:000455655600005
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakConference Proceedings Citation Index – Social Science & Humanities (CPCI-SSH)en_US
dc.institutionauthorEyüpgiller, Sait Saygınen_US
dc.institutionauthorİlseven, Nebilen_US
dc.institutionauthorid0000-0002-1827-9842
dc.language.isoenen_US
dc.peerreviewedYesen_US
dc.publicationstatusPublisheden_US
dc.publisherPressacademiaen_US
dc.relation.ispartofPressacademia Procediaen_US
dc.relation.publicationcategoryKonferans Öğesi - Uluslararası - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectCompetencyen_US
dc.subjectCompetency perceptionsen_US
dc.subjectCompetency analysisen_US
dc.subjectCompetency based recruitingen_US
dc.subjectCompetency based managementen_US
dc.titleCalculation of control value and Turkish financial marketsen_US
dc.typeConference Objecten_US
dspace.entity.typePublication

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