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Political news and stock market reactions: evidence from Turkey over the period 2008–2017

I S T 100 t − 1 $$r\,BIST{{100}_{t}}=\ln \left( \frac{BIST{{100}_{t}}}{BIST{{100}_{t-1}}} \right)$$ where BIST 100 t means stock price at time t , r BIST 100 t is the return between time t − 1 and t . Two symmetric GARCH models are used to test the effect of political news releases on BIST-100 returns and volatility. Therefore, in practice, one dummy variable is added to the mean and variance equations of the two models to indicate the presence or absence of political news. The dummy variable is: D N = { 1   if   there   is   political

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Testing trade-off theory and pecking order theory under managerial overconfidence

variables: dividend payment, capital expenditure, net increase in working capital and cash holdings. To establish the sources of financing, they use increase in equity and increase in debt. Their equation of financial deficit and funds is as follows: D i v + C a p E xp + Δ N W C − C = D E F = Δ E + Δ D $$ Div+CapExp+\Delta NWC-C=DEF=\Delta E+\Delta D $$ We subsequently extended their research by decomposing all elements of the model into the basic, especially the increase in net working capital into which was broken down into: increase in inventory (Inv

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Optimization of the Sandwich Column with the Truss Core Which is Subjected to the Compressive Loading

References [1] ALLEN, H. G.: Analysis and Design of Structural Sandwich Panels. Pergamon Press, 1969. [2] EVANS, A. G. - HUTCHINSON, J. W. - ASHBY, M. F.: Multifunctionality of cellular metal systems. In: Progress in Materials Science. 1999, Vol. 43, p. 171 - 221. [3] BRITTAIN, S. T. - SUGIMURA, Y. - SCHUELLER, J. A. - EVANS, A. G. - WHITESIDES, G. M.: Fabrication and mechanical performance of a mesoscale, space-filling truss systems. In: Journal of Microelectromechanical Systems. 2001, Vol. 10, p. 113 - 120. [4] WICKS, N. - HUTCHINSON, J

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Laboratory Measurements of Particulate Matter Concentrations from Asphalt Pavement Abrasion

. 17 - 22. [4] FOLKESON, et al.: SPENS, Sustainable Pavements for European New Member States, Guidelines for the environmental assessment of various pavement types including recommendations to road authorities in NMS, European commission DG research, Sixth framework programme, 29 May 2009. [5] GEHRIG, R. - ZEYER, K. - BUKOWIECKI, N. - LIENEMANN, P. - POULIKAKOS, L. D. - FURGER, M. - BUCHMANN, B.: Mobile load simulators - A tool to distinguish between the emissions due to abrasion and resuspension of PM10 from road surfaces. In: Atmospheric Environment, 44

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Capability Building and Learning: An Emergent Behavior Approach

isomorphisms and collective rationality in organizational fields, American Sociological Review, 48, pp. 147-160. Giancola, F. L. (2011), Examining the job itself as a source of employee motivation, Compensation & Benefits Review, 43 (1), pp. 23-29. Gilbert, N. (2008), Agent Based Models (Quantitative Applications in the Social Sciences), SAGE Publications. Gosavi, A. (2010), Simulation-Based Optimization: Parametric Optimization Techniques and Reinforcement Learning, Kluwer Academic Publications. Gottschalg, O

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Freezing of the Subballast Layers of the Railway Formation – High Embankment and Double Track

, progress, and future directions. Environmental Reviews, Vol. 26, Iss. 1, 2018, pp. 82 - 92, doi: 10.1139/er-2017-0027. [13] ASEFZADEH, A. - HASHEMIAN, L. - HAGHI, N. T. - BAYAT, A.: Evaluation of spring load restrictions and winter weight premium duration prediction methods in cold regions according to field data. Canadian Journal of Civil Engineering, Vol. 43, Iss. 7, 2016, pp. 667 - 674, doi: 10.1139/cjce-2015-0554. [14] IŽVOLT, L. - DOBEŠ, P. - HODÁS, S.: Impact of the method of rail track routing on the thermal regime of subgrade structure – numerical

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CSR and Financial Performance: The Case of Polish Small and Medium Manufacturers

-57. Bowen, N., Guo, S. (2012), Structural Equation Modeling: Pocket Guides to Social Research Methods, Oxford University Press, New York. Brammer, S. and Pavalin, S. (2006), Corporate reputation and social performance: the importance of fit, Journal of Management Studies, 43, pp. 435-55. Bush, T., Hoffmann, V. (2011), How hot is your bottom line? Linking carbon and financial performance, Business and Society, 50, pp. 233-265. Byrne, B. (2010), Structural Equation Modeling with AMOS: Basic Concepts, Applications and

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The Innovation-Driven Impact on Economic Structure Transition. The Case of China

of oligopoly, Rand Journal of Economics, Vol. 33, No. 1, pp. 37-61. Lahorgue, M. A., Cunha, N. D. (2004), Introduction of innovations in the industrial structure of a developing region: the case of the porto alegre technopole ‘homebrokers’ project, International Journal of Technology Management and Sustainable Development, Vol. 3, No. 2, pp. 191-204. Peneder, M. (2003), Industrial structure and aggregate growth, Structural Change and Economic Dynamics, Vol. 14, No. 4, pp. 427-448. Policy responses to the economic

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Do Investor Preferences Drive Corporate Dividend Policy?

Finance: Vol. 2, Oxford, UK: North Holland Fuller K.P., Goldstein, M. (2011), Do dividends matter more in declining markets, Journal of Corporate Finance, No. 17, pp. 457-473 Fama E., French K. (2001), Disappearing Dividends: Changing Firm Characteristics or Lower Propensity to Pay? Journal of Financial Economics, No. 60, pp. 3-43 Julio B., Ikenberry L. (2004), Reappearing dividends, Journal of Applied Corporate Finance, No. 16, pp. 89-100 Hansen L.P., Heaton J.C., Li N. (2005), Intangible risk, in: Corrado C., Haltiwanger J., Sichel D. (eds.), Measuring Capital in

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The Influence of Financial Market Development on Economic Growth in BRICS Countries

, (1), pp. 18–36. Dermiguc-Kunt, A., Beck, T., Ross, L. (2009), Financial institutions and markets across countries and over time. Policy Research Working Paper , No. 4943, Data and Analysis. World Bank. Easterly, W., Loayza, N., Montiel, P. (1997), Has Latin America’s post-reform growth been disappointing? Journal of International Economics , Vol. 43, pp. 287–311. Estrada, G., Park, D., Ramayandi, A. (2010), Financial development and economic growth in developing Asia. ADB Economic Working Paper , Series, 233. Asian Development Bank

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