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This study aims to provide preliminary information to the investor by determining which indices co-movement, with the data mining method.

In this context, data sets containing daily opening and closing prices between 2001 and 2019 have been created for 11 stock market indexes in the world. The association rule algorithm, one of the data mining techniques, is used in the analysis of the data.

It is observed that the US stock market indices take part in the highest confidence levels between association rules. The XU100 stock index co-movement with both the European stock market indices and the US stock indices. In addition, the Hang Seng Index (HSI) (Hong Kong) takes part in the association rules of all stock market indices.

The important issue for data sets is that the opening/closing values of the same day or the previous day are taken into account according to the open or closed status of other stock market indices by taking the opening time of the stock exchange index to be created. Therefore, data sets are arranged for each stock market index, separately. As a result of this data set arranging process, it is possible to find out co-movements of the stock market indexes. It is proof that the world stock indices have co-movement, and this continues as a cycle.

Reports on a new laser welding facility installed by Corus for making complex tailored blanks for the automotive industry. Describes the production of laser welded tailored blanks for BMW’s new Mini.

Using munificence, real options and ambidexterity theories, the purpose of this paper is to demonstrate how the differential between home and host market environmental conditions affects US international franchising expansion.

The authors used firm-level panel data for 151 US-based franchising firms, from Bond’s Guide for Franchise Opportunities, for the years 1994-2008 plus macroeconomic data on the environment, to explain the probability of franchising.

The paper finds that the differential in economic growth and economic uncertainty impacts franchisors’ desire to expand abroad on a continual basis.

Researchers in international franchising should not only focus on host market environmental variables (pull factors), but also on conditions in the home market (push factors).

The paper adds to environmental explanations of international franchising by focusing on the differential in munificence and uncertainty between home and host countries.

Entrepreneurial intentions have traditionally been linked to an entrepreneur's personal ability to take advantage of opportunities. Yet, entrepreneurs' perceptions of contextual factors, which extend beyond one's control, deserve equal attention. This paper looks at the role played by cultural intelligence and the institutional environment in shaping entrepreneurial intentions.

The role played by cultural intelligence in entrepreneurial intentions and the mediating role played by the institutional environment were studied quantitatively by analyzing 224 young potential entrepreneurs who had participated in a business plan competition. This study used cross-sectional data, developing an original full collinearity assessment approach to check for any common method bias.

This study reveals a positive relationship between cultural intelligence and entrepreneurial intentions. Likewise, any favorable perceptions of the institutional environment tend to increase the probability of engaging in entrepreneurship and further strengthen the positive effect of cultural intelligence on entrepreneurial intentions.

This study provides a holistic view of the relationship between the entrepreneur and the context in which ventures are created, explaining the role played by cultural intelligence in entrepreneurship based on evidence drawn from a developing country. This contributes to a critical reflection on personal and environmental factors and the antecedents of entrepreneurial intentions.

This study aimed to investigate return and volatility spillover between the Borsa Istanbul (BIST) and the Moscow Stock Exchange (RTS).

This study used generalized autoregressive conditionally heteroscedasticity (GARCH) model for volatility and the Aggregate Shock (AS) model for return and volatility spillover. The data are divided into six sub-periods. Period events take place between Turkey and Russia.

BIST investors considered the return and volatility of the RTS, it is observed that Moscow Stock Exchange investors considered only the return of BIST at the full sample. It is only a return spillover from BIST to RTS and neither the return nor the volatility of the RTS is spillover to BIST in the pre-crisis period. No evidence of return and volatility spillover between the BIST and the RTS in the post-crisis period. The returns and volatility spillovers between Russia and Turkey are mutual feedback in the jet crisis period.

Economic developments between Turkey and Russia is growing rapidly in recent years. The return and volatility analysis between the stock exchanges of these two countries is important for investment decisions.

There are many studies in the literature about emerging markets. There are also Turkish and Russian stock exchanges in these studies. However, this study only examined return and volatility spillover analysis between the Turkish and Russian stock exchanges and prevents the results from being overlooked among other countries.

Prolonged periods of ineffective capital allocation and mismanagement destroy massive amounts of wealth and damage the economic wellbeing of the service and manufacturing industries. The purpose of this paper is to outlay the facts and figures that can illustrate the value destruction in the US airline industry for the period of 1990‐1999. The EVA analysis for the last decade of the millennium demonstrated that even when the US economy was prosperous, the airline industry failed to benefit from this favorable environment.

This paper aims to evaluate the hypothetical situation in a resembling airport to Esenboga Airport and analyzes the condition of all ground support equipment (GSE) equipment to be supplied by electricity produced by solar panels mounted on the rooftop of the terminal building. The case is discussed using environmental emissions and economic feasibility. The results of the resembling case can be generalized to all airports for the reduction of emissions caused by ground operations of aviation.

GSE fleet data which has been prepared by TGS operated in the Esenboğa Airport have been used to calculate emissions, and equivalent electricity consumption. A hypothetical solar panel construction on the rooftop of the terminal building and also the electricity production case was analyzed. Based on the calculations, both fuel and electricity use cases are compared by means of emissions and production costs using real data.

The electricity production and transmission pose a high value of emissions. Thus, electrification of GSE in the airport need a new approach such as producing the electric energy in the site. This research analyzes the case that the electricity is produced on the rooftop of terminal building and consumed by the GSE fleet. The authors discussed that it is both feasible and possible to electrify all the GSE except a shortage of two cold months with high fuel demand by using electric storage options.

Ground handling is performed by using GSE which is historically powered by diesel and such internal combustion engines which are well known for their high emission rates. As most of the airports reside in populated areas, GSE emissions need to be evaluated for reduction. However the electric energy could be an alternative for GSE emissions reduction

Aviation is a system of many subsystems in which the performance of each unit plays a crucial role in the final success of the system. Concerns on environmental protection make the aviation industry focus on reducing emissions produced during operations. Although aircraft emissions are widely discussed in the literature, ground handling systems which are an integral part of the whole aviation system, also need to be studied regarding the environmental issues. Besides, the European Union has set out targets of reducing emissions at the airports during ground operations to zero. This paper discusses the possibility of the target by comparing various scenarios

This longitudinal study assesses whether higher education has the same impact on the entrepreneurial intentions of women and men with regard to their propensity to risk-taking in particular.

A self-administrated survey instrument was used to collect data from students studying business and engineering at five selected universities in Turkey. The survey was carried out in two intervals: first year and fourth year of studies. A total of 215 student participated in both waves.

The findings indicate that the impact of education is stronger for women than for men as the relationship between gender and entrepreneurial intention is moderated by education and risk-taking propensity in that the entrepreneurial intention of women with high or low risk-taking propensity increases when they acquire higher education. In particular, the boost is more noticeable for women with low risk-taking propensity. On the contrary, the effect of education is negative for men with both high risk-taking propensity and low risk-taking propensity.

This study has identified that the impact of education is different for women and men. Based on these findings, Turkey could offer gender-specific entrepreneurship education in higher education for individuals who could then exploit their entrepreneurial capacity and thus contribute to the social and economic well-being of the country.

This paper makes two distinct contributions. First, this is one of the few longitudinal studies in the literature which demonstrates the differences between females and males in terms of their entrepreneurial intention and shows how risk-taking and education influence entrepreneurial intention. Second, it offers new insights into entrepreneurship research from a developing-country but emerging-economy context.

Product category involvement and relationship proneness are crucial in explaining relationship outcomes. Nevertheless, the authors know little about their roles in the formation of loyalty, especially in the retail industry. Individual consumer traits and preferences are likely to play a critical role in the success of relationship marketing. Yet, relationship marketing studies have fallen short of considering such individual differences. The purpose of this paper is to examine the mediating effects of product category involvement and relationship proneness on the relationship between satisfaction and loyalty in retail clothing stores.

Data were obtained using a survey of 220 consumers. Partial least squares structural equation modeling was employed to test the proposed theoretical model.

The results show that satisfaction significantly affects product category involvement and relationship proneness, which, in turn, significantly affect purchase intention and word-of-mouth (WOM). The results also show that product category involvement and relationship proneness partially mediate the impact of satisfaction on purchase intention and WOM.

Product category involvement and relationship proneness play a critical role in explaining the satisfaction–loyalty link. Future research could consider the role of potential moderating variables.

Retail managers should not only focus on improving customer satisfaction to achieve customer loyalty, but should also consider the importance of product category involvement and relationship proneness, and their role in the formation of customer loyalty both in traditional and online environments.

To the best of the authors’ knowledge, this study is the first to explore the mediating effects of product category involvement and relationship proneness on the relationship between satisfaction, purchase intention and WOM in the retail industry.

The purpose of this study is to show the emissions related to electric consumption in electric aviation. Aviation, being one of the main transportation and economical driver of global trade and consumerism, is responsible for an important ratio of anthropogenic emissions. Electric energy use in aircraft propulsion is gaining interest as a method of providing sustainable and environmentally friendly aviation. However, the production of electricity is more energy and emission sensitive compared to conventional jet fuel.

A well-to-pump (WTP) energy use and emission analysis were conducted to compare the electricity and conventional jet fuel emissions. For the calculations, a software and related database which is developed by Argonne’s Greenhouse gas, Regulated Emissions, and Energy use in Transportation (GREET^®) model is used to determine WTP analysis for electricity production and delivery pathways and compared it to baseline conventional jet fuel.

The WTP results show that electricity production and transmission have nine times higher average emissions compared to WTP emissions of conventional jet fuel. The future projection of emission calculations presented in this paper reveals that generating electricity from more renewable sources provides only a 50% reduction in general emissions. The electricity emission results are sensitive to the sources of production.

The main focus of this study is to analyze the WTP emissions of electric energy and conventional jet fuel for use on hybrid aircraft propulsion.