The objective of this paper is to investigate the competitive conditions in the Turkish banking industry on the period between 1983 and 1996 by applying a new method previously applied to the U.S. and Canadian banking industries. The Turkish banking system experienced substantial changes as a...

This paper addresses the relationship between profit and market concentration for the individual banking market. We employ a new model developed by Berger (1995) to test four competing hypotheses for the Turkish banking industry over the years 1988 to 1996. The data suggest that there is no...

This paper examines the volatility of Turkish stock market at the industry level over the period 1992- 1999. Since the nature and composition of the industries are not the same, we study the volatility of each industry separately. Individual firms are aggregated into 15 industries according to...

This paper investigates the volume-return volatility relationship for 25 individual stocks in the Turkish stock market, using daily data for the period 1998-2005. The results indicate that trading volume significantly contributes to the return volatility process of stocks in Turkish stock...

This paper examines the impact of business cycle on bank capital buffer and portfolio risk using quarterly data for commercial banks operating in the Turkish banking industry for the period 2002Q1-2012Q2. The results indicate that the business cycle and capital buffer are negatively related,...