{"title":"Forecasting of the U.S. Steel Prices with LVAR and VEC Models","authors":"Kaveh A. Adli, Ugur T Sener","doi":"10.20409/berj.2021.335","DOIUrl":"https://doi.org/10.20409/berj.2021.335","url":null,"abstract":"","PeriodicalId":194263,"journal":{"name":"Business and Economics Research Journal","volume":"31 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-07-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129739880","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Sosyal Medya Pazarlama Aktiviteleri ile Satın Alma Niyeti Arasındaki İlişkide Marka Kişiliğinin Rolü: Literatür Araştırması","authors":"Mustafa Seckin Salvarli, Burak Kartal","doi":"10.20409/berj.2021.346","DOIUrl":"https://doi.org/10.20409/berj.2021.346","url":null,"abstract":"The developments in the digital world have changed the strategy followed by companies in dealing with changes in the business environment. Therefore, the way marketers touchpoints with the customer, the resources, and the methods they use to attract or retain the customer have changed. These changes essentially required developing relationships that would enable the customer to understand the needs, characteristics, ideas, relationship patterns, and problems in the virtual world. Thanks to the relationships that have been developed, it has begun to be understood the purchasing intentions of the consumers and the factors they attach importance to the purchasing phase. Based on the literature review, this study examines the effects of social media marketing activities, which have many different advantages besides their benefits in establishing relationships with customers, and brand personality on consumers' intention to purchase the relevant brand. With this study, the need to examine the possible mediating effect of brand personality on the relationship between social media marketing activities and the consumer's purchase intention is emphasized, and it is aimed to be a source of motivation for conducting studies on this subject.","PeriodicalId":194263,"journal":{"name":"Business and Economics Research Journal","volume":"42 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-07-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129958178","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Pay Senedi Fiyat Yönünün Makine Öğrenmesi Yöntemleri ile Tahmini: Borsa İstanbul Örneği","authors":"Barış Aksoy","doi":"10.20409/BERJ.2021.312","DOIUrl":"https://doi.org/10.20409/BERJ.2021.312","url":null,"abstract":"In this study, stock price with the calculated next three-month average of five manufacturing industry companies in the Borsa İstanbul 30 Index and the Corporate Governance Index was predicted with the data of the 2010/3 and 2020/3 periods. The dataset consisted of quarterly nine financial statements and five macroeconomic variables with a three-month average of the sample companies. Artificial Neural Networks, Classification and Regression Tree, and KNearest Neighbor Algorithm were used as prediction methods. A 10-fold cross-validation method was used in all methods in the study. In Artificial Neural Networks, Classification and Regression Tree analysis, the models that gave the best results in line with the given parameter ranges were obtained by using the determining the best parameters and performance criteria function. According to the results of the analysis, general classification accuracy was achieved 98.05% for Artificial Neural Networks, 96.10% for Classification and Regression Tree, and 92.20% K-Nearest Neighbor Algorithm. “Net Profit Margin”, “Price/Earning”, “Profit Per Share”, “CDS Premium (3-month average)”, “Consumer Confidence Index” were found as important variables that divided the data into two in the creation of the Classification and Regression Tree (CART) analysis. This result shows that the models used in this study can be incorporated into the models used by investors.","PeriodicalId":194263,"journal":{"name":"Business and Economics Research Journal","volume":"39 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-01-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129822622","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Çevresel Dinamizmin ve Çevresel Olumsuzluğun Düzenleyici Rolü Altında Tepe Yönetim Profilinin ve Firma Yapısının Sezgiye Dayalı Stratejik Karar Almaya Etkilerinin İncelenmesi","authors":"Fahriye Oben Uru, M. Aslan","doi":"10.20409/BERJ.2021.317","DOIUrl":"https://doi.org/10.20409/BERJ.2021.317","url":null,"abstract":"The main goal of this study is to reveal the effects of the top management profile and firm structure on intuitive strategic decision-making under the moderating role of environmental dynamism and environmental hostility. Using the convenience sampling method, data were collected from 493 top managers via survey method. Structural equation modelling was used to analyze the data. The findings of this study show that the education level, and sector experience of top management affect intuitive strategic decision-making positively and while their age and tenure negatively affect it. In addition, it is determined that the formalization degree and revenue of the firm negatively affect intuitive strategic decision-making while the number of employees and firm age positively affect it. It is revealed that the negative effect of the age of the top management on the intuitive strategic decision-making weakens as the environmental dynamism increases and even this effect turns positive, whereas the negative effect of the age of the top management on the intuitive strategic decision-making gets stronger as the environmental hostility increases. Furthermore, the negative impact of revenue-based firm size on the intuitive strategic decision-making has been found to increase as environmental dynamism increases. Lastly, it is revealed that the positive impact of top management's sector experience on the intuitive strategic decision-making gets stronger as the environmental hostility increases.","PeriodicalId":194263,"journal":{"name":"Business and Economics Research Journal","volume":"10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-01-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129141517","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Erzurum da Kadın Yoksulluğu ve Sosyoekonomik Yansımaları","authors":"Emine Demet Ekinci Hamamci, Kübra Anik","doi":"10.20409/BERJ.2021.311","DOIUrl":"https://doi.org/10.20409/BERJ.2021.311","url":null,"abstract":"Poverty, narrowly, is the inability of people to meet basic human needs with their current income. Poverty affects different groups of society in different dimensions. However, empirical studies have shown that women and their children are most affected by poverty. One of the most important reasons behind this result is gender inequality against women. By preventing women from benefiting from education equally, participating in employment, and having better working conditions as high wages, social security rights, etc., gender inequality leads to more impoverishment of women. This study aims to determine the dimensions of women poverty and the reflections of this poverty on both their own and family lives. To accomplish this aim, a survey has been conducted with 200 poor women that are in the first 10% decile according to the distribution of annual equivalized household disposable income in Erzurum. Field research was conducted in the period March-May 2019. According to the results, the women have felt less poor if their husbands work or there is an insured employee in the household. Also, as household income decreases, the women have experienced greater negativities in meeting basic needs (education, health, etc.), and this negativity is also passed down from generation to generation.","PeriodicalId":194263,"journal":{"name":"Business and Economics Research Journal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-01-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129286636","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
İbrahim Yıkılmaz, D. Taşdemir, Hülya Gündüz Çekmecelioğlu
{"title":"The Assessment of The Intermediation Role of Emotional Labor Dimensions in The Relationship between Cultural Intelligence and Individual Work Performance","authors":"İbrahim Yıkılmaz, D. Taşdemir, Hülya Gündüz Çekmecelioğlu","doi":"10.20409/BERJ.2021.316","DOIUrl":"https://doi.org/10.20409/BERJ.2021.316","url":null,"abstract":"Within the organization and market environment, where the number of businesses that provide services focused on a single culture is decreasing, the number of multinational companies that appeal to different customer profiles is increasing, the borders and distances between organizations are reducing, and cultural intelligence and emotional labor concepts are becoming increasingly important in terms of providing vital outputs to organizations. In this study, the data obtained from 261 participants from 50 countries serving for NATO in Afghanistan were evaluated. In the study, the relationship between cultural intelligence, emotional labor, and individual job performance, and the mediating role of emotional labor (surface, deep and genuine acting) in the relationship between cultural intelligence and job performance were examined. The results of the research show that in a multicultural work environment consisting of individuals from different countries and cultures, the cultural intelligence levels of the employees affect their emotional labor behavior and individual job performance. The results also show that the two emotional labor subdimensions (surface and genuine acting) have a partial mediating effect in the relationship between cultural intelligence and individual job performance. The study makes important contributions by addressing the exhibition of emotional labor specifically for public officials (providing security services) and by examining cultural intelligence as the premise of emotional labor and, as a consequent, job performance in an international cultural context.","PeriodicalId":194263,"journal":{"name":"Business and Economics Research Journal","volume":"41 3 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-01-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116640709","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Ekonomik Daralma Dönemlerinde Likidite Kıtlığı ve Ticari Borç Yönetimi","authors":"Bahadır Karakoc","doi":"10.20409/BERJ.2021.314","DOIUrl":"https://doi.org/10.20409/BERJ.2021.314","url":null,"abstract":"","PeriodicalId":194263,"journal":{"name":"Business and Economics Research Journal","volume":"4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-01-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130572027","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Türkiye de Tüketici ve Üretici Fiyatları Arasındaki İlişkinin Alternatif Tahmin Yöntemleri Kullanılarak Analizi","authors":"N. Koçak","doi":"10.20409/BERJ.2021.309","DOIUrl":"https://doi.org/10.20409/BERJ.2021.309","url":null,"abstract":"The relationship between consumer prices and producer prices has been discussed in the literature. In this study, the existence and dimensions of the relationship in question for Turkey are examined between the consumer (CPI), the producer (D-PPI), and the agricultural sector (AGR-PPI) prices. The stationarity characteristics of time series are examined using five different tests in the study in which the period between January 2011 and June 2020 is covered. The cointegration relationship between the time series is investigated with the standard Johansen, Johansen with structural break, and Lutkepol with structural break, and the short-term dynamics of the relationship are analyzed with the Vector Error Correction model. Unlike the literature, the long-term relationship between time series has been estimated using different estimation methods. The findings indicate that there are statistically significant cointegration relationships between them, as well as short-term causality relationships. In the long run, it is determined that the effect from AGR-PPI and D-PPI to CPI is statistically significant but small in size. On the other hand, the effects from the CPI to AGR-PPI and D-PPI are significant and bigger in size. Considering these findings, it can be claimed that a two-way relationship between producer prices and consumer prices are exist in Turkey for 2011-2020 period, but consumer prices have stronger effect on producer prices.","PeriodicalId":194263,"journal":{"name":"Business and Economics Research Journal","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-01-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124934890","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Borsa Endeksi, Döviz Kuru, Faiz Oranları ve CDS Primleri Arasındaki Oynaklık Yayılımları: Türkiye Örneği","authors":"Zekai Şenol","doi":"10.20409/BERJ.2021.313","DOIUrl":"https://doi.org/10.20409/BERJ.2021.313","url":null,"abstract":"In recent years, the volatility of financial assets has significantly increased. High volatility causes instability in financial markets and increases portfolio risks. Under these conditions, modeling the volatility, determining the volatility relationships, and volatility spillovers are important for market actors. In this study, for the period January 2, 2010 - April 10, 2020, it was investigated the volatility spillover and correlation relationship between the Borsa Istanbul (BIST) 100 Index, the exchange rates ($/ ), interest rates, and credit default swap (CDS) premiums. It was also examined the effects of economic, political, and social factors on the correlation relationship. In the study, it was seen that the bidirectional volatility spillover between the BIST 100 index - exchange rates, interest rates - exchange rates, and CDS premiums – interest rates, on the other hand, unidirectional volatility spillover from CDS premiums to the exchange rates. A positive volatility relationship was determined between CDS premiums - interest rates and CDS premiums - exchange rates while the negative volatility relationship between interest rates - BIST 100 index and CDS premiums - BIST 100 index. It was also determined that political, economic, and social factors affect the relationships of correlation between variables.","PeriodicalId":194263,"journal":{"name":"Business and Economics Research Journal","volume":"53 3","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-01-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121006874","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Household Level Inflation Rates and Inflation Inequality in Turkey","authors":"Uğur Akkoç, Burça Kızılırmak","doi":"10.20409/BERJ.2021.308","DOIUrl":"https://doi.org/10.20409/BERJ.2021.308","url":null,"abstract":"This paper aims to explore the distribution of inflation rates at the household level and estimate their determinants using the Household Budget Surveys. It derives the household level inflation rates using the democratic price index and analyzes inflation inequality and its persistency. The main contributions of the paper are as follows: (i) to determine inflation inequality by examining the distribution of household-specific inflation rates calculated by the democratic price index, (ii) to examine new dimensions of inflation inequality in Turkey by income groups and household characteristics, (iii) to estimate the micro-level determinants of household inflation rates in Turkey. Results suggest that inflation rates are lower for the rich than for the poor, and the distribution of inflation has worsened the income inequality in Turkey. This analysis provides rich information for monetary policymakers. Households have different responses to price changes or monetary policy tools because of their unique characteristics and economic conditions. Thus, we need to know how inflation rates differ at the household level in order to understand how monetary policy and inflation affect the well-being of households.","PeriodicalId":194263,"journal":{"name":"Business and Economics Research Journal","volume":"3 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-01-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124492554","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}