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Article
Publication date: 14 March 2024

Safar Ghaedrahmati and Ebrahim Rezaei

This paper examines the main drives of encouraging Iranian investors in the Turkish real estate market, focusing on the interface between push factors and pull factors that drive…

Abstract

Purpose

This paper examines the main drives of encouraging Iranian investors in the Turkish real estate market, focusing on the interface between push factors and pull factors that drive them abroad.

Design/methodology/approach

This paper examines the main drives of encouraging Iranian investors in the Turkish real estate market, focusing on the interface between push factors and pull factors that drive them abroad. For this purpose, the trend of housing price growth in Iran and Turkey was compared. The review of the 11-year trend of rates shows that housing prices in both countries have been continuously rising, and these prices have undoubtedly experienced increasing shocks in Iran. For further analysis, 13 main variables leading to the repulsion of investment in Iran's housing market and 15 variables shaping the attractiveness of investment in Turkey were identified in this sector. Thirty experts subsequently ranked the significant variables based on a closed-end questionnaire using quantitative strategic planning matrix. Examining housing investment elasticity in Turkey also shows that “Turkey's economic stability compared to neighboring countries” and “acquiring Turkish citizenship through real estate investment” are among the most important variables. On the other hand, the pressure variables of housing investment in Iran were “decrease in the value of the Iranian currency in recent years,” “currency price fluctuations” and “severe fluctuations and instability in the Iranian housing market.”

Findings

Examining housing investment elasticity in Turkey also shows that “Turkey's economic stability compared to neighboring countries” and “acquiring Turkish citizenship through real estate investment” are among the most important variables. On the other hand, the pressure variables of housing investment in Iran were “decrease in the value of the Iranian currency in recent years,” “currency price fluctuations” and “severe fluctuations and instability in the Iranian housing market.”

Originality/value

From a theoretical standpoint, foreign investment is in support of Turkey and harmful to Iran because the Turkish government is bolstering investment attractiveness to bring increased capital inflows into this country. Practically speaking, Turkey has aimed to create a rational framework for investors by strengthening and changing its economic system, as well as amending existing constitutions in this domain. Nevertheless, Iran resists any changes in its economic system and legislation. Therefore, a wide range of attractiveness and repulsion variables has led to the migration of Iranian investors to Turkey. In the present study, such variables are illuminated.

Details

Journal of European Real Estate Research, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1753-9269

Keywords

Book part
Publication date: 11 November 2015

Yetkin Borlu and Leland Glenna

We examine the national regulatory framework in Turkey and its interactions with actors at various levels that set the stage for the shift from a Fordist economy to a post-Fordist…

Abstract

Purpose

We examine the national regulatory framework in Turkey and its interactions with actors at various levels that set the stage for the shift from a Fordist economy to a post-Fordist one. Industrial maize production expanded in the 2000s in the face of a decline in agricultural employment and state-supported conventional crop production. We use the corporate maize industry as a case to demonstrate the change in regulation and its impacts.

Methodology/approach

Utilizing a strategic-relational approach, we analyze descriptive statistics on agricultural markets, news, sector reports, and archives of national regulation related to agricultural production and the agri-food industry to identify key actors shaping the transformation of maize production.

Findings

Actors influencing the national regulatory framework come from international and national regulatory institutions, and transnational and national agri-food corporations. Local maize farmers have actively participated in the transformation, thereby offering consent to the process. The Turkish state manages maize production through its national regulatory regime, but the agri-food industry drives the trajectory.

Practical implications

Adopting a strategic-relational approach contributes to our understanding of the dynamics at work in economic restructuring by shedding light on the interactions between political authorities and economic actors. Following a post-Fordist mode of regulation, the Turkish government uses particular political devices in a strategically selective manner, not overtly to enhance the short-term interests of the agri-food industry, but according to the long-term goal of promoting adaptation of agricultural commodity producers to the post-Fordist capitalist accumulation regime.

Originality/value

State institutions utilize the tools of political intervention in markets to ensure the long-term sociopolitical consolidation and legitimation of the post-Fordist accumulation regime.

Details

States and Citizens: Accommodation, Facilitation and Resistance to Globalization
Type: Book
ISBN: 978-1-78560-180-4

Keywords

Book part
Publication date: 14 December 2016

Emel Esen and Arzu Özsözgün Çalışkan

Climate change is the global problem that threatens the next generations, and results in serious environmental and socioeconomic issues. Countries have agreed to adopt a new…

Abstract

Purpose

Climate change is the global problem that threatens the next generations, and results in serious environmental and socioeconomic issues. Countries have agreed to adopt a new climate agreement in 2015 at the Paris Conference. This chapter analyzes the corporate actions of how companies in Turkey will adapt themselves to COP21 needs, what does the agreement require to do in the Turkey’s companies to do, and determines what objectives are needed of Turkey’s Intended Nationally Determined Contribution.

Design/methodology/approach

A comprehensive literature research is conducted in order to understand the effects of climate change on companies’ course of actions. The qualitative study is to understand Turkey’s companies’ policies about climate change.

Findings

Companies should have capacity to make the planet sustainable and create alternative solutions to social problems by mobilizing resources and making investments. In Turkey, companies have the responsibility to continue its sustainable development process. In many sectors, Turkey has additional policies and strategies about energy, industry, transport, buildings, agriculture, waste, and forestry.

Research limitations/implications

This research is a theoretical study about companies’ policies and strategies to comply with climate change in the case of Turkey. For further studies, researchers can make comparisons between companies’ contributions.

Practical implications

This study may be useful for the board of directors and managers since they should become aware of understanding of the climate change effects. Stakeholders are looking directly at companies how they manage these challenges to use resources. The problem is in the interests of everyone, but companies have major responsibility to do something else. Organizations can have sustainability efforts by understanding the threats and opportunities of climate change.

Originality/value

This study is valuable and attractive to give comparison about practicing strong legal framework and clear rules, long-term approach, connection with sustainable development goals.

Details

Climate Change and the 2030 Corporate Agenda for Sustainable Development
Type: Book
ISBN: 978-1-78635-819-6

Keywords

Book part
Publication date: 19 October 2016

Thomas Marois and Hepzibah Muñoz-Martínez

This paper aims to expose the economic and political relations of power disguised in the concept of financial risk as institutionalized in post-crisis economic policies and…

Abstract

This paper aims to expose the economic and political relations of power disguised in the concept of financial risk as institutionalized in post-crisis economic policies and practices. We do so by examining, from a historical materialist approach, the actors and social struggles implicated in the aftermath of crisis in Mexico and Turkey. We argue that Mexican and Turkish state authorities have targeted workers so that they may disproportionately bear the costs of financial uncertainty and recurrent crises as workers, taxpayers, and debtors in the aftermath of the 2008–2009 crisis. We emphasize, though, that there are important institutional mediations and case study specificities. Mexico’s reforms that target labor as one of the main bearers of financial risk have been locked into legislation and constitutional changes. Turkey’s policies have been implemented in a more ad-hoc manner. In both cases under contemporary capitalism, we see risk as not confined to national borders but as also flowing through the world market. We further argue that the World Bank Report 2014 Risk and Opportunity: Managing Risk for Development emerges out of and reflects such real world responses to crisis that have been predominantly shaped by advocates of neoliberalism, to the benefit of capital. As an expression internal to global capitalism, the World Bank Report functions to legitimize the exploitative content of contemporary financial risk management policy prescriptions. In response, democratized financial alternatives that privilege the needs of workers and the poor are required.

Details

Risking Capitalism
Type: Book
ISBN: 978-1-78635-235-4

Keywords

Book part
Publication date: 2 August 2021

Yakup Oz

As the number of international students increases globally, non-traditional destinations have emerged in the global higher education arena, despite the long-lasting dominance of…

Abstract

As the number of international students increases globally, non-traditional destinations have emerged in the global higher education arena, despite the long-lasting dominance of traditional destinations, such as the United States, the UK, Australia, France, or Germany. In search of the causes of the change in the number of international students favoring non-traditional destinations, this study focuses on the Turkish case and identifies the macro-level efforts to increase the enrollment of international students in Turkish higher education institutions by utilizing the theory of new institutionalism and theories regarding the college choices of international students. As an upper-middle-income, developing country and an emerging non-traditional destination, constituting a regional hub for international students in the last decade at the crossroads of Africa, Asia, and Europe, the case of Turkey would give unique examples of macro-level strategies for increasing the enrollment of international students in other higher education systems.

Details

Annual Review of Comparative and International Education 2020
Type: Book
ISBN: 978-1-80071-907-1

Keywords

Book part
Publication date: 29 November 2012

Gözde Yilmaz, Emel Güler Yilmaz, Serah Bahadirli and Nazlım Tüzel Uraltaş

This chapter, against studies on success history, puts its attention on the firm's behaviour facing a critical socio-political problem. The specific question is how the…

Abstract

This chapter, against studies on success history, puts its attention on the firm's behaviour facing a critical socio-political problem. The specific question is how the relationship between business and socio-political actors in an emerging market under a scandal develops and how these actors manage such a situation. To reach this aim the study concerns with the Roche Scandal in Turkey and discusses the reactions of business and socio-political actors before and after the scandal, and further, how Roche subsequently managed these relationships. The theoretical framework for analysis of the Roche Turkey Scandal is constructed on relationship elements of trust, legitimacy and learning. The analysis provides some answers to the question of how Roche Turkey in the face of reactions given by the network actors managed the aftermath of the scandal and how the legitimacy loss was recovered by learning and adaptation. Conclusions enhance our knowledge on the behaviour of firms under critical condition.

Details

Business, Society and Politics
Type: Book
ISBN: 978-1-78052-990-5

Keywords

Book part
Publication date: 30 July 2018

Eda Aylin Genc and Metehan Igneci

The introduction of consumer products can be traced back to the invention of the wheel, and after the first invention, humankind discovered that what can be consumable is…

Abstract

The introduction of consumer products can be traced back to the invention of the wheel, and after the first invention, humankind discovered that what can be consumable is marketable. Therefore, it is safe to suggest that the development of marketing, in thought and practice, has always been hand-in-hand with the evolution of humankind. Modern Turkey or Anatolia, one of the cradles of civilisation located in the Fertile Crescent or, in other words, Old Mesopotamia, has always been the centre of trade and marketing. As an emerging economy, Turkey has a lot to combine the ways of western practices with market dynamics unique to her, whereas authors find the development of marketing practices in Turkey exceptionally interesting. Therefore, this chapter aims to provide an insight and a brief history regarding the development of the Turkish marketing context throughout the years. We believe that this contribution will be helpful to those who are interested in the development of marketing in an emerging economy in an academic fashion, as well as for those who are attracted to follow the footprints of the modern era’s business environment.

Book part
Publication date: 30 September 2021

Gamze Koseoglu, S. Arzu Wasti and Hilal Terzi

In this chapter, the authors will examine turnover in Turkey. In the first section, the authors will briefly describe the legal, institutional, and cultural context with a…

Abstract

In this chapter, the authors will examine turnover in Turkey. In the first section, the authors will briefly describe the legal, institutional, and cultural context with a particular emphasis on their implications for employment conditions and turnover in Turkey. In the second section, the authors will review the academic literature on turnover that originated from Turkey. The authors divide the reviewed studies into two groups: generalizability studies, which are primarily replications of the mainstream literature with no focus on any specific characteristics of Turkey, and contextual studies, which emphasized the role of the economic, legal, or cultural background in formulating or interpreting their research. In the final section, the authors will discuss the findings of the review vis-á-vis the mainstream literature as well as practical implications and conclude with potential future research directions in the Turkish context.

Details

Global Talent Retention: Understanding Employee Turnover Around the World
Type: Book
ISBN: 978-1-83909-293-0

Keywords

Book part
Publication date: 20 April 2023

Alper Yurttaş

Turkey's European Union (EU) candidacy process, unlike other candidate countries, is a unique case in terms of the length of the process and the tensions experienced in the…

Abstract

Turkey's European Union (EU) candidacy process, unlike other candidate countries, is a unique case in terms of the length of the process and the tensions experienced in the process. With the start of membership negotiations in 2005 and the increase in Turkey's obligations in the process, disruptions began to emerge and the anticipated progress could not be achieved. In this period, the EU's view of Turkey began to transform. It emerged as a reflection of this view with the privileged partnership proposals put forward in the mid-2000s. This study discusses how Turkey–EU relations have been shaped since 2005 when Turkey started membership negotiations and how the EU positions Turkey in light of current developments. In this context, the Strategic Compass document, which is aimed to shape the next 10 years of the EU, has been examined and focused on how Turkey is handled in the document. In the study, it has been revealed that the EU does not consider Turkey as a candidate country, but with a functionalist approach, depending on certain preconditions, as a partner with which it can make progress in areas of common interest.

Details

The European Union in the Twenty-First Century
Type: Book
ISBN: 978-1-80382-537-3

Keywords

Book part
Publication date: 14 December 2023

Cahit Erdem and Mustafa Polat

This study aims to discover the general trends, the structural characteristics of the knowledge base, and developments in the field of internationalization of higher education…

Abstract

This study aims to discover the general trends, the structural characteristics of the knowledge base, and developments in the field of internationalization of higher education (IHE) in Turkey. In this respect, the studies published in journals indexed by SSCI, SCI-Expanded, ESCI, and AHCI in Web of Science (WoS) between January 1, 1975, and November 20, 2021, were analyzed. The dataset included 260 articles. We administered descriptive analysis reflecting the topographical features and the dynamics of the related literature through Excel and the WoS analysis tools. We conducted bibliometric analyses to shed light on the current view of the literature and reveal the intellectual structure of the knowledge base and topical foci. The volume of the research in the field of IHE in Turkey and their yearly distribution suggests that this area of research is still in its infancy; however, there has been a rapid growth in the number of publications recently. Author co-citation analysis reveals four distinct schools of thought labeled as “Higher Education Policy Studies in EU,” “Global Socio-politics and Economics of IHE,” “Socio-cultural and Psychological Dimensions of Internationalization” and “Language Studies.” Finally, topical foci in the knowledge base emerged as “International Student Mobility,” “Psychological and Cultural Adaptation of International Students,” “Higher Education Policy Reforms,” “International Staff Mobility” and “Migration Related Issues.” The results are discussed with related review studies and suggestions for future research are provided.

Details

Annual Review of Comparative and International Education 2022
Type: Book
ISBN: 978-1-83797-484-9

Keywords

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