Browsing by Author "Balsari, Cagnur Kaytmaz"

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Citation - WoS: 15
Citation - Scopus: 17
Effect of Banking Regulation on Performance: Evidence From Turkey
(Routledge Journals, Taylor & Francis Ltd, 2014) Ozkan, Serdar; Balsari, Cagnur Kaytmaz; Varan, Secil
In this study, we investigate the effect of regulation on banking sector performance in an emerging country context. Consecutive crises in the early 2000s led to three waves of reformist banking regulations in Turkey: (1) the banking sector restructuring program in 2002, (2) limitation of the full deposit insurance system in 2004, and (3) a corporate governance-related banking law in 2005. Results show that these actions had a positive effect on bank lending, asset quality, and profitability. Findings also support the view that the sequence and timing of banking reforms in Turkey acted as a shield against the global financial crisis of 2008.
Ethics Education in Professional Accounting: Preliminary Evidence on the Perceptions of Certified Public Accountants
(Editura Ase, 2016) Balsari, Cagnur Kaytmaz; (Varan), Secil Sigali; Ozkan, Serdar
Accounting profession has been hit hardest by criticisms of ethical issues during and after the financial crises. As a response to criticisms, business schools and professional bodies have been working to promote professional ethics throughout the profession around the world. International Federation of Accountants (IFAC) also highlighted the importance of ethics education for accounting professionals. TURMOB (The Union of Chambers of Certified Public Accountants and Sworn-in Certified Public Accountants in Turkey), has taken a step forward to address the ethics issue. An ethics training program has been developed and promoted. Although the participation to the program kept voluntary, more than 3000 professional accountants have been registered in the first round of education. This study aims to present preliminary evidence on the profile of voluntary participants to the program and perceptions of accounting professionals on the ethics training program of TURMOB. For this purpose, first, the profiles of the voluntary participants of the ethics training program are analyzed. Then, a questionnaire is developed to measure the perceptions of certified public accountants on ethics training. The preliminary evidence suggests that the TURMOB Ethics Training Program is perceived as well developed, and effective in contributing the career and personal development of Turkish professional accountants.
Citation - WoS: 3
Impact of Financial Crises on the Value Relevance of Earnings and Book Value: 1994 and 2001 Crises in Turkey
(Bilgesel Yayincilik San & Tic Ltd, 2010) Ozkan, Serdar; Balsari, Cagnur Kaytmaz
This study examines the change in the value relevance of earnings and book value between years 1992-2007 for non-financial firms listed in Istanbul Stock Exchange. During this period Turkey experienced the economic crises of 1994 and 2001, each with different characteristics. The previous literature shows that both under firm level and macro level economic pressure, the value relevance of book value increase whereas results on earnings tire inconclusive. The same financial crises can influence value relevance differently in separate countries depending on country specific factors. Similarly it can he expected that different economic crises can affect the value relevance differently in the same country depending on the type or severity of the financial crisis. The results show that the impacts of the 2001 and 1994 crises on the value relevance of earnings are different, and this may be due to the different characteristics of these two crises.