Publications & Working Papers

Publications:   

• Benefit Corporation Certification and Financial Performance: Capital Structure Matters, (with Ozlem Arikan), (2024), European Financial Management, DOI:10.1111/eufm.12489.

• Wealth as a Moderating Effect on Gender Differences in Portfolio Holdings, (with Ylva Baeckstrom and Raul Riefler), (2024), Global Finance Journal, 60, 100965.

• Engaged ETFs and Firm Performance, (with Izidin El Kalak and Robert Hudson), (2024), European Financial Management, 1-49, doi.org/10.1111/eufm.12459.

• The Bank of Japan’s equity purchases and stock price crash risk, (with Izidin El Kalak and Kazuo Yamada), (2023), Economics Letters, 229, 111214.

• Learning Financial Survival from Disasters, (with Arman Eshraghi and Gulnur Muradoglu), (2023), Journal of International Financial Markets, Institutions, and Money, 85, 101778.

• The Role of Gender in Sales Behaviour: Evidence from Institutional Financial Brokerage, (with Raul Riefler and Ylva Baeckstrom), (2023), Finance Research Letters, 55, 103914.

• Growth … What Growth? (with Brian Lucey), (2023),  Finance Research Letters, 52, 103594.

• The Effect of Board Structure on Firm Performance – New Evidence from Product Market Conditions (with Xiaoyuan Hu and Danmo Lin), (2023), European Journal of Finance, 29, 363-392 .

• Do Investors React Differently? Evidence from Hospitality Sector during the Covid-19 Pandemic, (2022), Finance Research Letters, 49, 103099.

• Corporate Decisions in Times of War: Evidence from Russia-Ukraine Conflict (with Arman Eshraghi), (2022), Finance Research Letters, 48, 102920.

• Fund Manager Skill: Selling Matters More! (with Arman Eshraghi, Richard Taffler, and Liang Jin), (2022), Review of Quantitative Finance and Accounting, 59, 969-999 .

• ETF Ownership and Corporate Cash Holdings (with Izidin El Kalak), (2022), European Financial Management, 28, 1308-1346. -  “Top 10% Downloaded Paper in 2022 Award” by European Financial Management.

• How Female Directors Help Firms to Attain Optimal Cash Holdings (with Izidin El Kalak and Robert Hudson), (2022), International Review of Financial Analysis, 80, 102034.

• Staring Death in the Face: The Financial Impact of Corporate Exposure to Prior Disasters (with Arman Eshraghi and Gulnur Muradoglu), (2021), British Journal of Management, 32, 1284-1301 .

• Cyber-attacks and Stock Market Activity (2021), International Review of Financial Analysis, 76, 101795.

• Changes in Corporate Governance: Externally Dictated vs Voluntarily Determined, (2021), International Review of Financial Analysis, 73, 101608.

• Fund Manager Conviction and Investment Performance (with Liang Jin, Richard Taffler, and Arman Eshraghi), (2020), International Review of Financial Analysis, 71, 101550.

• Differences in CEO Compensation under Large and Small Institutional Ownership, (2020), European Financial Management, 26, 1031-1058.

• Does Internal Board Monitoring Affect Debt Maturity? (with Lemma Senbet), (2020), Review of Quantitative Finance and Accounting, 54, 205-245.

• Why Do Large Shareholders Adopt a Short-Term versus a Long-Term Investment Horizon in Different Firms?, (2019), Financial Review, 54, 763-800.

• Is Corporate Social Responsibility Sufficient Enough to Explain the Investment by Socially Responsible Funds?, (2017), Review of Quantitative Finance and Accounting, 49, 697-726

• The Effect of CEO Option Compensation on the Capital Structure: A Natural Experiment, (2016), Financial Management, 45, 953-979 – “Top 3 Paper in 2016 Award” by Financial Management

• ANP Application for Evaluating Turkish Mobile Communication Operator (with Anil Gungor and Ilker Yusuf Topcu), (2008), Journal of Global Optimization, 42, 313-324.