Journal of Capital Markets Studies: Volume 4 Issue 2 , Open Access

Editorial

Guler Aras

Profitability and optimal debt ratio of the automobiles and parts sector in the Euro area

Charalampos Basdekis, Apostolos Christopoulos, Ioannis Katsampoxakis, Alexandros Lyras

The goal of this paper is twofold: to assess the influence of specific corporate and market features on automobiles and parts sector's profitability in Euro area and to identify…

Is there any effect of ESG scores on portfolio performance? Evidence from Europe and Turkey

Emre Zehir, Aslı Aybars

The purpose of this paper is to examine the performance of portfolios that are constructed based on environmental, social and governance (ESG) scores and consist of stocks located…

Predictability in securities price formation: differences between developed and emerging markets

Silvio John Camilleri, Semiramis Vassallo, Ye Bai

This paper examines whether there are differences in the nature of the price discovery process across established versus emerging stock markets using a twenty-country sample.

Determinants of capital structure for firms in an Islamic equity index: comparing developed and developing countries

Evrim Hilal Kahya, Hüseyin Yiğit Ersen, Cumhur Ekinci, Oktay Taş, Koray D. Simsek

The paper aims to identify the differences between developed and developing country firms with respect to firm-specific and country-level determinants of their capital structure…

Efficiency and productivity analysis for intermediary institutions: Turkish capital markets case

Guler Aras, Yasemin Karaman, Evrim Hacioglu Kazak

The purpose of this study is to investigate efficiency and productivity of Turkey’s both brokerage sector and intermediary institutions (IIs) that have been active in Turkish…