In the health sector, violent situations have led to the
advancement of prevention policies and practices for
employees working efficiently. The condition of the
hospital, the adequacy of resources, the presence of
conflicts between employees, and the management
style make happy or unhappy employees that causes
them to behave positively or negatively. The aim of
the study is to determine the relationship between
workplace conditions, violence prevention policies
and practices (VPC), organizational constraints
and conflicts between employees, job related wellbeing and employee job performance, dimensioned
as counterproductive work behavior (CWB) and
organizational citizenship behavior (OCB), in a model.
A survey on the permanent nurses and health officers
in a hospital was conducted, and a developed model
was tested using structural equation modeling. As a
result of the validity and reliability analyzes, all scale
items were collected in the dimensions to which
they belong, except for the VPC that split into two,
and the model was partially verified. In this study,
the presence of VPC reduces negative workplace
conditions (interpersonal conflict and organizational
constraints) and CWB of employee. The claim that
the presence of VPC increases job related well-being
and OCB were not found significant statistically. The
results are discussed, and suggestions are presented.
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Even though there are a range of useful sources on defence economics data, only some of them are used widely. The
main sources of export, import and output data sets are Stockholm International Peace Research Institute (SIPRI), World
Military Expenditures and Arms Transfers-US Department of State (WMEAT), European Statistical Office (EUROSTAT) and
United Nations Industrial Development Organization (UNIDO) while SIPRI and WMEAT are for military expenditures.
This paper discusses the main features and similarities of data sets from the various sources. Like other industrial/
sector data sets, the main problem for arms data sets is revisions of industrial classifications, which prevent the
creation of long time series.
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This present study explores the drivers affecting the provincial financial inclusion levels by using data belonging to
81 Turkish provinces during 2011 – 2016. After computing the index of financial inclusion for each province, we used
spatial regression methods which control for spatial dependences because Moran’s I statistic and Local Indicator
of Spatial Association (LISA) analysis revealed that there are the spatial spillover and heterogeneity in provincial
financial inclusion. To cope with the possible endogeneity problems, we estimated the spatial models via System
GMM estimator. The findings show that “unemployment”, “urban”, “tourism”, “married”, “education”, “inflation” and
“crime” variables are the determinants of provincial financial inclusion for Turkey. We also detect a convergence in
financial inclusion levels of provinces.
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This paper investigates overall well-being of the UK economy in comparison with other EU member countries-prior
to 2015 referendum. The results will help to comprehend the very nature of the exit decision in this light. This work
to a certain extent expected to help establish whether the decision taken at the referendum was more reflection of
a political nature that accommodated partisan bias- or- rather it was based on the public concerns stemming from
economic considerations. This empirical research employs PROMETHEE method which is one of the best known
multi criteria methods. The alternatives in the comparison matrix are comprised of 28 EU member countries and the
criteria are comprised of nine criteria. The overall performance is the combination of fundamental indicators most of
which-one way or another-were related to the political debate on the eve of referendum.
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The purpose of this study is to examine the relationships between employee advocacy and psychological well-being
(PWB), and to test the mediating effect of perceived insider status (PIS), and moderating effect of power distance on
that relationship within the framework of social exchange theory. Data were collected using a questionnaire survey
method from 293 full-time employees working in an organization operating in the aviation industry in Turkey. The data
obtained were analyzed according to the moderated mediation (alternatively known as condational indirect effect)
framework improved by Preacher et al. (2007). Research findings are demonstrated that the relationship between
employee advocacy and PWB is more complex than was prior researchers’ findings. As a result of analyzes, it was
determined that PIS has a partial mediation effect on the relationship between employee advocacy and PWB. Also
the results supported the moderated mediation and showed that the positive indirect effect of employee advocacy
on PWB through PIS was stronger for employees with low power distance perception. The theoretical and practical
implications of findings are discussed.
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In this study, the performance of the indexes
constructed via fundamental values which are
among the alternative indexing strategies, and the
performance of the capitalization-weighted BIST 100
index are compared. The assets, sales, book value,
operating profit and net profit figures in the financial
statements are used to construct the index/portfolio
according to the fundamental data. In addition to
the indexes based on these data, a composite index
and an equally-weighted index were also created.
The returns of these indices were compared with the
performance of the BIST 100 capitalization-weighted
index through various portfolio performance
measures. Among the indexes constructed through
the fundamental values, the assets, book value,
operating profit, net profit, and the indexes created
by the 5-year averages of these fundamental variables
yield higher returns in the long term than BIST 100
capitalization-weighted index and this excess return
is statistically significant. This result was supported by
the analyses using the Capital Asset Pricing Model
(CAPM) and the Fama-French three factor model. It
was concluded that the indexes (except index created
in accordance with the assets) had significant positive
alpha coefficients. The results show that fundamental
indexing strategies can be considered as an important
investment alternative for the investors and that
these strategies can create value in the long term.
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This paper aims to explain the relationship between
organizational cynicism, empowerment and the
individual’s sense of social capital in terms of gender.
In this direction the obtained data were analyzed
by structural equation model. The results indicate
that structural and psychological empowerments
have reducing effect on organizational cynicism,
and social capital has a moderator role between
psychological empowerment and organizational
cynicism for both women and men. However women
with high social capital have a greater reduction of
psychological empowerment on organizational
cynicism than men with high social capital. These
findings offer few recommendations for managers
and employees. Managers to decrease employees’
negative attitudes and to ease cynicism may use
empowerment. However, even employees perceive
as psychologically empowered, managers also should
consider some other individual sources such as social
capital that can buffer or strengthen the cynicism.
Particularly for women employees, managers can
focus more on psychological and social resources in
order to decrease negative work consequences. Such
an investigation is necessary to reveal the predictors
of cynicism as one of the important concept in
organizational behavior and management literature.
It is also valuable to understand the differences
between individuals in terms of cynical behaviours
towards their organizations.
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The primary purpose of this paper is to explore the relationship between corporate dividend-payout policy and the
competition in the product market for the listed companies in Turkey using a panel data of non-financial firms over
the period 2007 to 2015. Turkey is an emerging market classified as a French-civil-law country with weak protection
of investors. Using Turkish firms, we analyze the effect of competition on dividend-payout policy, under weak investor
protection. Our results indicate that competition measured by the Herfindahl-Hirschman Index and 5-firm concentration
ratio significantly affects dividend payout. Our findings show that competition in the industry negatively influences
the dividend payout. The results demonstrate that in highly competitive industries, Turkish firms pay lower dividends
than the firms in concentrated industries to remain competitive in the market. Moreover, large profitable firms with
lower investment opportunities and lower tangible assets distribute higher dividends to their shareholders in Turkey.
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The purpose of this paper to compare the performances of new factor models with the former models in Turkey. In
that aim, newly proposed q-factor model and Fama-French five factor model are compared with Fama-French three
factor, Carhart four factor and Pástor-Stambaugh factor models. The performance metric is chosen as maximum
squared Sharpe ratio which gives a better understanding in comparison of two or more models accordance to Barillas
and Shanken (2017). As per the measure of maximum squared Sharpe ratio, the q-factor model outperforms of all
between July 2009 and June 2017. After that, Carhart four factor model follows as the second best performing model.
It is considered that this result may be due to the portfolio formation frequency of profitability and momentum factors.
Thus, it can be inferred that the higher the data frequency, the better the explanatory power of the model. Although
Fama-French five factor model is similar to q-factor model, the considerable outperformance of q-factor model can
be attributed to the way of factor construction and calculation. Consequently, it seems as though the performance
of the model is sensitive to the way of factor construction and calculation.
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The association between natural resource abundance and economic performance has been the common concern of
economists and political philosophers for centuries. While plenty of resources is a blessing for some countries, others
suffer from the paradox of plenty known as Dutch disease. This study aims to search the interaction between natural
resource rents and the manufacturing exports of the 34 Organization for Economic Co-Operation and Development
(OECD) countries between the years 1990-2015, depending on the technology intensity of sectors using the gravity
model of trade. The findings of the study indicate that there is Dutch disease in all of the classifications of manufacturing
industries. In other words, for the 34 OECD countries, the upsurge in natural resource rents has an impact on the
manufacturing sector’s performance in all subcategories.
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