Arama Sonuçları

Listeleniyor 1 - 6 / 6
  • Yayın
    The moderating role of environmental munificence on innovativeness in B2B markets
    (Emerald Group Publishing Limited, 2019-09-30) Gül, Mısra Çağla
    Purpose: The purpose of this paper is to understand the relationship between two business orientations, namely, entrepreneurial orientation and market orientation, and innovativeness taking into account the moderating influence of environmental munificence. Design/methodology/approach: This is a multiple respondent quantitative study. A total of 312 marketing managers middle level and above from 79 firms participated in the survey. Multiple regression and hierarchical multiple regression was the method of choice for data analysis. Findings: Findings indicate that environmental munificence moderates the entrepreneurial orientation – innovativeness relationship. Findings reveal that even though a significant impact of entrepreneurial orientation is not present on innovativeness, this insignificance may be due to environmental munificence. Market orientation has a direct positive impact on innovativeness, and environmental munificence negatively moderates this relationship suggesting that when the environment is less munificent, the market orientation – innovation link becomes stronger. Practical implications: Managers should be aware that the more munificent an environment becomes, having an entrepreneurial orientation will be more important for innovativeness. In addition, results of this study suggest that being market oriented more strongly impacts a firm’s ability to innovate in non-munificent environments where growth opportunities are undesirable. Originality/value: This study is unique in that it is a multi-respondent study with respondents from different layers of each participating organization, incorporating the moderating impact of the business environment’s munificence on business orientations–innovativeness relationship.
  • Yayın
    Employee ownership and management: The case of Kardemir iron and steel mill industry
    (Academic Journals, 2011-12-21) Soykut Sarıca, Yeşim Pınar
    The information which was obtained through in-depth interviews with several informants on the general evaluation of the Kardemir privatization indicate that, whether or not Kardemir was introduced as a permanently successful model, its success was realistic at least until the year 2001, notwithstanding the fact that the present state of affairs seems to run counter to the general logic of labor unionism. The article then argues for a research agenda to re-examine and revise the ways that can make the employee ownership process more successful in the light of ongoing changes in employment relations at Kardemir Industry, Turkey.
  • Yayın
    Bounds for certain linear combinations of the Faber coefficients of functions analytic in an ellipse
    (Cambridge University Press, 2007-02) Haliloğlu, Engin
    Let S? be a bounded, simply connected domain in C with 0 is an element of Omega and partial derivative Omega analytic. Let S(Omega) denote the class of functions F(z) which are analytic and univalent in Omega with F(0) = 0 and F'(0) = 1. Let {phi(n), (z)}(n=0)(infinity) be the Faber polynomials associated with Omega. If F(z) is an element of S(Omega), then F(z) can be expanded in a series of the form [GRAPHICS] in terms of the Faber polynomials. Let where r > 1. In this paper, we obtain sharp bounds for certain linear combinations of the Faber coefficients of functions F(z) in S(E(r)) and in certain related classes.
  • Yayın
    REITs, Growth Options and Beta
    (Springer New York LLC, 2016-11-08) Tırtıroğlu, Doğan; Nguyen, Thu Ha; Tırtıroǧlu, Ercan; Wee, Tancheng
    Are REITs income stocks, only? Following Myers (1977) and Bernardo et al. (2007), we examine empirically REITs’ unlevered betas, betas of growth options, betas of assets-in-place and the difference between the latter two in detail for 1983–2012, and also for three sequential, distinct, and mutually-exclusive REIT sub-periods. We find that, (i) the betas of growth options are larger than those of assets-in-place, (ii) there are differences in these betas across Equity REITs’ sub-sectors and sub-periods, (iii) REITs with a high growth profile tend to employ more short-term debt and are mainly listed on NASDAQ, and (iv) the Global Financial Crisis has influenced considerably the beta estimates across all sub-sectors and REIT types. These findings raise a question mark about the ‘income stock, only’ description of REITs. Our findings have important implications for the cost of capital of REITs and their capital budgeting practices. We discuss them, when appropriate, with numerical examples.
  • Yayın
    Global risk aversion and emerging market return comovements
    (Elsevier Science SA, 2018-12) Demirer, Rıza; Omay, Tolga; Yüksel, Aslı; Yüksel, Sadettin Aydın
    Utilizing the recently developed measure of global risk aversion by Xu (2017), we show that global risk aversion is a significant determinant of international equity correlations, consistently across all emerging markets examined. The positive effect of risk aversion on emerging market comovements is particularly strong for South Africa and Turkey and is consistent with contagion effects. The results underscore the importance of non-cash flow shocks in models of contagion and portfolio risk.
  • Yayın
    Bounds for the faber coefficients of certain classes of functions analytic in an ellipse
    (Rocky Mt Math Consortium, 2005) Haliloğlu, Engin; Johnston, Elgin H.
    Let Omega be a bounded, simply connected domain in C with 0 is an element of Omega and aOmega analytic. Let S(Omega) denote the class of functions F(z) which are analytic and univalent in Omega with F(0) = 0 and F'(0) = 1. Let {Phi(n)(z)} infinity n=0 be the Faber polynomials associated with Omega. If F(z) is an element of S(Omega), then F(z) can be expanded in a series of the form where r > 1. In this paper we obtain sharp bounds for the Faber coefficients A(0), A(1) and A(2) of functions F(z) in S(E-r) and in certain related classes.