Person:
Kaplan, Fikri

Profile Picture

Email Address

Birth Date

Research Projects

Organizational Units

OrgUnit Logo
Organizational Unit

Job Title

Öğr. Gör.

Last Name

Kaplan

First Name

Fikri

Name

Fikri Kaplan

Filters

2023 - 20242

Advanced Search

Filter by

Settings

search.filters.applied.f.isAuthorOfPublication: search.filters.isAuthorOfPublication.8ebf6e14-a9b2-4a86-8012-d64deee57d74

Search Results

Now showing 1 - 2 of 2
  • Thumbnail Image
    Publication
    Exploring Effects of Macroeconomic Variables on Financial Markets: Evidence from Türkiye
    (2023) Murad AHMADZADA Fikri KAPLAN Waqar BADSHAH; Kaplan, Fikri; Temple University, USA Türk Hava Kurumu Üniversitesi, Ankara, Türkiye İstanbul Üniversitesi, İktisat Fakültesi, Yönetim Bilişim Sistemleri Bölümü, İstanbul, Türkiye
    The entire economy of the nation and businesses both are impacted by macroeconomic factors and these factors are the main drivers of financial markets over the world. Türkiye has faced significant economic and political challenges that have affected its financial markets for a long time. After global financial crisis, Türkiye’s financial markets experienced ups and downs that brought risks for investors. This paper aims to examine the relationship between macroeconomic variables and the stock exchange index for the case of Türkiye using monthly data the period between January 2010 and December 2015. Unit root tests (Augmented Dickey-Fuller, Phillips Perron) and OLS model were applied to investigate whether macroeconomic factors such as GDP, Exchange Rate, Inflation Rate, M2, and global factors such as Crude Oil Prices, Gold Prices have an impact on ISE 100 Index, or not. The empirical findings show that Exchange Rate, M2, GDP, Gold prices, and Oil prices significantly affected the ISE 100 Index. As the results indicate, there is no evidence that the inflation rate contributes to the ISE 100 Index.
  • Thumbnail Image
    Publication
    Exploring the Nexus of Firm Size and Capital Structure: Insights from the Turkish Banking Industry
    (2024) Fikri KAPLAN; Kaplan, Fikri; Türk Hava Kurumu Üniversitesi, Ankara, Türkiye
    This research study delves into the intricate relationship between firm size and capital structure decisions in the context of the Turkish banking industry. Employing a comprehensive panel data approach, we meticulously collected 10 years of annual data encompassing key variables such as banks' profitability, debt positions, size metrics, and macroeconomic indicators. By utilizing fixed effects panel regression analysis, we uncover significant insights. Our findings demonstrate that, specifically within the Turkish banking sector, the size of institutions, measured by log total assets, plays a crucial role in shaping capital structure decisions. Moreover, we identify bank size and inflation as influential factors in understanding the volatility surrounding these decisions. Surprisingly, we find that profitability and debt sensitivity ratios do not significantly contribute to explaining the variations in capital structure decisions among Turkish banks. These findings significantly enhance our understanding of the nuanced dynamics and determinants that drive capital structure decisions within the Turkish banking landscape.