Browsing by Author "Polat, Ali Yavuz"
Now showing items 1-9 of 9
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Adjustment speed of debt maturity: Evidence from financial crises in East Asia
Hasan Tekin; Ali Yavuz Polat (Bank Indonesia Institute, 2021)We investigate the change in adjustment speed of debt maturity for East Asian firms between 1990 and 2017 by including two exogenous shocks: the Asian Financial Crisis 1997-1998 (AFC) and the Global Financial Crisis 2007-2009 ... -
Assessing the impact of Covid-19 pandemic in Turkey with a novel economic uncertainty index
Mugaloglu, Erhan; Polat, Ali Yavuz; Tekin, Hasan; Kilic, Edanur (EMERALD GROUP PUBLISHING LTDHOWARD HOUSE, WAGON LANE, BINGLEY BD16 1WA, W YORKSHIRE, ENGLAND, 2021)Purpose This study aims to measure economic uncertainty in Turkey by a novel economic uncertainty index (EUI) employing principal component analysis (PCA). We assess the impact of Covid-19 pandemic in Turkey with our ... -
Bitcoin-specific fear sentiment matters in the COVID-19 outbreak
Polat, Ali Yavuz; Aysan, Ahmet Faruk; Tekin, Hasan; Tunali, Ahmet Semih (EMERALD GROUP PUBLISHING LTDHOWARD HOUSE, WAGON LANE, BINGLEY BD16 1WA, W YORKSHIRE, ENGLAND, 2021)Purpose This study aims to investigate the effect of fear sentiment with a novel data set on Bitcoin's (BTC) return, volatility and transaction volume. The authors divide the sample into two subperiods to capture the ... -
Do market differences matter on dividend policy?
Tekin, Hasan; Polat, Ali Yavuz (Elsevier, ScienceDirect, 2020)We investigate the dividend policies of firms in the United Kingdom to understand whether firms in different markets use dividends as a signaling or disciplining device. The sample consists of 1247 firms from the highly ... -
Do market differences matter on dividend policy?
Tekin, Hasan; Polat, Ali Yavuz (ELSEVIERRADARWEG 29, 1043 NX AMSTERDAM, NETHERLANDS, 2021)We investigate the dividend policies of firms in the United Kingdom to understand whether firms in different markets use dividends as a signaling or disciplining device. The sample consists of 1247 firms from the highly ... -
THE GLOBAL FINANCIAL CRISIS AND CAPITAL STRUCTURE DECISIONS OF TURKISH SMEs: A REVIEW
TEKİN, Hasan; Polat, Ali Yavuz (DergiPark, International Journal of Management Economics and Business, 2020)Due to the arising uncertainties with the global financial crisis, capital structure decisions became crucial for Turkish firms, especially small and medium-sized (SMEs) firms. Since SMEs face higher information asymmetry, ... -
Is leverage a substitute or outcome for governance? Evidence from financial crises
Tekin, Hasan; Polat, Ali Yavuz (EMERALD GROUP PUBLISHING LTDHOWARD HOUSE, WAGON LANE, BINGLEY BD16 1WA, W YORKSHIRE, ENGLAND, 2021)Purpose The authors investigate the impact of governance on the leverage of East Asian firms in the financial crisis context, in order to understand the puzzle whether debt acts as a substitute for governance or an outcome ... -
Is leverage a substitute or outcome for governance? Evidence from financial crises
Tekin, Hasan; Polat, Ali Yavuz (EMERALD GROUP PUBLISHING LTDHOWARD HOUSE, WAGON LANE, BINGLEY BD16 1WA, W YORKSHIRE, ENGLAND, 2021)Purpose The authors investigate the impact of governance on the leverage of East Asian firms in the financial crisis context, in order to understand the puzzle whether debt acts as a substitute for governance or an outcome ... -
Is saving vital? Evidence from the financial crisis
Tekin, Hasan; Polat, Ali Yavuz (UNIV OVIEDO, CAMPUS HUMANIDADES, EDIFICIO SERVICIOS,, OVIEDO, ASTURIAS 33011, SPAIN, 2020)We use a sample of 8,561 firm-years from the highly regulated Main Market (MAIN) and relatively unregulated Alternative Investment Market (AIM) in the United Kingdom to analyse the impact of financial restrictions on optimal ...