{"title":"Relative Deprivation and Life Satisfaction among Europeans: Keeping up with Others","authors":"Ozan Ekşi, Asena Caner, Unay Tamgac Tezcan","doi":"10.21773/BOUN.32.2.2","DOIUrl":"https://doi.org/10.21773/BOUN.32.2.2","url":null,"abstract":"Relative deprivation (RD) defines the feeling of being deprived of something that others have. Most studies of RD rely on within-country reference groups. This study is one of the few studies examining the role of global reference groups in determining life satisfaction. Using the relevant data of the Eurobarometer surveys, which covers the period from 1970–2003, we show that global RD is an important determinant of individual life satisfaction. Finally, for the 16 European Union member countries, the effect of global comparisons is significant but smaller than the effect of within-country comparisons. The result for candidate countries is the contrary.","PeriodicalId":35304,"journal":{"name":"Bogazici Journal","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2018-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48921653","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":"The Factors Determining Dividend Policy of Financial Firms Listed on the Borsa Istanbul","authors":"Erhan Kilincarslan","doi":"10.21773/BOUN.32.1.5","DOIUrl":"https://doi.org/10.21773/BOUN.32.1.5","url":null,"abstract":"This study examines the factors determining the dividend policy of financial firms in Turkey. Analysing a panel dataset of 80 financial firms listed on the Borsa Istanbul over the period 2009‒2016, the results reveal that profitability, debt, growth, firm size, liquidity and asset tangibility are the financial characteristics that have significant effects on dividend decisions. The findings also show that foreign shareholders are the only owners influencing financial firms in setting dividend payments, whereas board size, family members on the board and independent directors have significant impacts on dividend policies of financial corporations. Overall, the study results suggest that the major factors determining dividend policy decisions of financial firms in Turkey are similar to those of the industrial (non-financial) firms documented in the literature","PeriodicalId":35304,"journal":{"name":"Bogazici Journal","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2018-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42030351","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":"Competitive Advantage and Clusters: What Can We Learn from Nine Turkish Clusters?","authors":"Nigar Cagla Mutlucan","doi":"10.21773/BOUN.32.2.3","DOIUrl":"https://doi.org/10.21773/BOUN.32.2.3","url":null,"abstract":"","PeriodicalId":35304,"journal":{"name":"Bogazici Journal","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2018-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46462314","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":"Effects of Customer Complaint Management Quality on Business Performance in Service Businesses","authors":"Sureyya Bengul, Cengiz Yılmaz","doi":"10.21773/boun.32.2.4","DOIUrl":"https://doi.org/10.21773/boun.32.2.4","url":null,"abstract":"This study investigates the effects of customer complaints management quality dimensions, interest&transparency, empowerment&authorization and process standardization, on overall performance of service businesses. They are hypothesized to improve service businesses performances through three alternative paths: increased customer loyalty, improved organizational learning and direct effects on overall firm performance. This study aims to explore the relative importance of each path for superior firm performance. To test the hypothesized relationships, 200 questionnaires were collected from four banks in Turkey. The results indicate that process standardization influences customer loyalty and organizational learning negatively, while having a positive direct effect on firm performance. The empowerment&authorization seems to influence customer loyalty and organizational learning positively, while having no direct effect on firm performance. Interest& transparency, exerts positive effects on customer loyalty and organizational learning, while having a negative direct effect on firm performance.","PeriodicalId":35304,"journal":{"name":"Bogazici Journal","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2018-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42448319","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":"Determinants of Body Mass Index in Turkey: A Quantile Regression Analysis from a Middle Income Country","authors":"D. Karaoğlan, A. Tansel","doi":"10.21773/BOUN.32.2.1","DOIUrl":"https://doi.org/10.21773/BOUN.32.2.1","url":null,"abstract":"This study investigates the factors that may influence the individual’s Body Mass Index (BMI) in the developing country of Turkey by implementing Quantile Regression (QR) methodology. The analysis is conducted by using the 2008, 2010 and 2012 waves of the Turkish Health Survey (THS) prepared by the Turkish Statistical Institute (TURKSTAT). QR regression results provide robust evidence that additional years of schooling are negatively correlated with an individual’s BMI and this relationship is significantly raised across different quantiles of BMI. We also find a strong negative relationship between being in the labor force and an individual’s BMI, and this relationship increases across the quantiles of BMI implying that an individual is more likely to be obese if he/ she is out of labor force. Our results suggest that other socioeconomic and demographic indicators such as gender, age, marital status and household income are also important factors to explain the variation in an individual’s BMI.","PeriodicalId":35304,"journal":{"name":"Bogazici Journal","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2018-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48604132","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}