Corporate Insolvency and Governance

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• CEM DEMİROĞLU

The main goal of this research is to develop a model that construction company executives can use to determine whether their company is healthy, whether decline is setting in, or whether decline has reached an advanced stage. The construction company decline model is a statistical model that was developed by making us…

This article uses a novel approach to measure the unobserved liquidation value of a firm that relies on the information contained in the allocations that are agreed upon in Chapter 11 negotiations. I estimate a game theoretic model that captures the influence of liquidation value on the equilibrium allocations using a…

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Purpose The purpose of this paper is to investigate the extent of convergence of regulations and of practice regarding corporate governance between a developing country (Turkey) and a developed country (the UK). Design/methodology/approach The development of the codes is described and compared and then research is con…

• AYLİN POROY ARSOY

Crypto assets and their legal qualification hold an important place in the international legal arena. There are many public and private law aspects of crypto assets that require clarification. The first difficulty lies in defining what a crypto asset is. There are many different taxonomies of crypto assets, and these…

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Artificial intelligence (AI) has transformed corporate governance, offering unparalleled opportunities for efficiency and decision-making and raising a host of complex legal questions. This article explores the use of AI in corporate governance, addressing the changing role of AI, ethical and legal issues, questions o…

• MUSTAFA KENAN USTAHALİLOĞLU

Credit rating business firstly emerged in the United States in 1900s and became a part of global financial system together with globalization of financial markets as of mid-1970s. The bankruptcies of corporates such as Enron and Worldcom, and financial crises such as 1997 Asian crisis, Global financial crisis and the…

• YILMAZ BAYAR

Sahiplik yapısının şahsi eşya sahipliği, taşınmaz sahipliği ve sermaye sahipliği gibi türlere ayrılmasının yanı sıra hissedarların niteliksel özelliklerini, yönetimle olan ilişkisini ve şirketin kontrolüne hâkim olup olmadıklarını da ifade etmektedir. Bu açıdan sahiplik yapısı, şirketlerin sermaye yapısı kararları üze…

This study examines the role of independent directors’ network centrality in bank risk-taking. Following the shareholder-incentive hypothesis and social-network theory, we predict and find that independent directors’ connectedness is positively associated with bank risk-taking. The results hold after a battery of robu…

• RASİM ŞİMŞEK

No abstract yet.