Financing Renewable Energy Projects: An Empirical Analysis for Turkey

The main purpose of this study is to estimate the impact of foreign direct investment (FDI) inflows and stock market capitalization (SMC) on the renewable energy consumption (REC). In addition, the study aims to ivestigate the impact of financial development (FD) and research-development expenditures (R&D) on the renewable energy consumption. The study utilizes annual data from 1990 to2015 inTurkey using the autoregressive distributed lag (ARDL) approach. The findings show that, based on the ARDL estimates, there exist long-run equilibrium relationships among the variables. The results of this study also indicate that the renewable energy consumption is mainly determined by FDI inflows, financial development and research-development expenditures in the long run. Keywords: Renewable Energy, Foreign Direct Investment, Stock Market Capitalization, ARDL Approach JEL Classifications: C51, G10, Q42 DOI: https://doi.org/10.32479/ijeep.702

The relation accounting manipulation and firm performance: An application of ISE

İşletme ile ilgili nihai bilgileri içeren finansal tabloların güvenilirliği işletmenin çıkar grupları tarafından oldukça önemlidir. Ancak işletmelerin muhasebe kayıtlarına dayalı olarak oluşturulan nihai bilgiler muhasebe manipülasyonu yoluyla doğruluğundan uzaklaşabilmektedirler. Doğru ve güvenilir olmayan bilgiler ilgili çıkar grupları ve toplum üzerinde önemli etkiye sahiptirler. Bu önemi açısından muhasebe manipülasyonunun belirlenmesi gerekli olmaktadır. Muhasebe manipülasyonunun belirlenmesine yönelik literatürde kullanılan en etkili yöntemlerden biri olan Beneish yöntemi ile İMKB 100’de faaliyet gösteren imalat işletmelerinin muhasebe manipülasyonu yapıp yapmadığı bu araştırmada belirlenmiştir. Toplam 39 işletmenin 20 tanesinde muhasebe manipülasyonu olma ihtimali ortaya çıkmıştır. Daha sonra muhasebe manipülasyonu yapmaya sebep olabilecek firma performans ölçüleri araştırılmış ve aktif devir hızı, finansman oranı ve faaliyet kar marjının etkili olabileceği ortaya çıkmıştır. Lojistik regresyon modelinin kullanıldığı bu bölümde modelin sınıflandırma yüzdesinin toplam olarak %79,5 ile iyi olduğu belirlenmiştir.Reliability of financial statements that containing final imformation about the enterprises is very important. However, the final imformation based on the accounting records of enterprise can be not accuracy through accounting manipülation. Inaccurate and untrusting imformation has an important impact on relevant interest groups and society. In terms of this importance, determining of manipülation is necessary. In this research, Beneish methods that one of the most effective methods used literatures is used. With this method, manifacturing enterprises operating in ISE 100 were investigated that whether theese enterprises makes accounting manipülation or not. Possibilty of accounting manipulation has emerged in 20 to 39 enterprised. Then, firm performance measures that could lead to accounting manipulation are investigated, and asset turnover, financing rate and operating profit magrin appeared to be effective. Logistic regression model used in this section. Persentage of model classification is 79.5% and this rate is good

The accuracy of earnings forecasts disclosed in IPO prospectuses: The case of the Turkish IPO companies

This paper examines the accuracy of earnings forecasts made by Turkish IPO (Initial Public Offering) companies during the period 2002-2007. It is a voluntary requirement for Turkish IPOs to furnish earnings forecasts. Their accuracy is measured by forecast errors, absolute forecast errors and squared forecast errors in this paper. A number of company specific characteristics such as size, age, forecast interval, gearing, proportion of shares retained by owners and both auditing firm and underwriter reputation are also tested. The results of this study show that like IPO forecasts disclosed in most other countries, IPO forecasts disclosed by Turkish companies do overestimate their earnings, on average, by 13.44 %. On an overall basis, the findings of this study can be intrepreted to mean that IPO forecasts disclosed by Turkish companies provide reliable information.Publisher's Versio

Hodgkin's Disease: Results of a single center in Central Anatolia

Turk J Hematol. 2001; 18(2):&nbsp;117-122Share on twitterShare on facebookShare on emailMore Sharing Services&nbsp;&nbsp;Hodgkin&rsquo;s Disease: Results of a Single Center in Central AnatoliaH. Şenol Coşkun1, B&uuml;lent Eser2, Mustafa &Ccedil;etin2, &Ouml;zlem Er1, Ali &Uuml;nal2, Mustafa Altınbaş1, Eray Karahacıoğlu3, B&uuml;nyamin Kaplan31Department Of Medical Oncology, Erciyes University Medical Faculty2Department Of Haematology, Erciyes University Medical Faculty3Department Of Radiation Oncology, Erciyes University Medical Faculty, Kayseri, TurkeyHodgkin&rsquo;s Disease (HD) accounts for about 1% of newly diagnosed malignant diseases. In this study 119 HD cases followed in Erciyes University Hospital were evaluated. 67.2% of the patients was male, 32.8% female. The patients&rsquo; age ranged from 15 to 72 years with a median of 41.5 years. Of the patients 10.1% was stage I, 29.4% stage II, 39.5% stage III, and 21.0% stage IV. According to Rye classification frequency of histologicsubtypes was as follows; 21.0% lymphocyte predominant, 25.2% nodular sclerosis, 43.7% mixed cellularity, and 10.1% lymphocyte depletion. Combination chemotherapy consisting cyclophosphamide, vincristine, procarbazine and prednisolone (COPP) was used as first line treatment in 59.7% of patients. Complete remission was achieved in 84.9% of patients and partial remission in 5.0% of patients; response could not be obtained in remaining 10.1% of patients. Disease progression or recurrence was observed in 30.2% of patients. Five year survival rate was found as 70.8% of all patients, 90.1% for stage I-II, 55.3% for stage III-IV patients (p= 0.03).Key words:&nbsp;Hodgkin&#39;s Disease, Clinical features, Survival, Adult.&nbsp;</p