Türkçe:
Dünya ekonomisinde (ulusal ve uluslararası piyasalarda) yaşanan olumsuz gelişmeleri anlamak için doktora tezi hazırlamış olmak gerekmez. Doktora (PhD) ünvanına sahip olmak gerekmemektedir ! Ancak, günümüz ekonomilerinde yaşanan olumsuz gelişmeleri doğru bir şekilde anlayıp sistematik bir şekilde yorumlayabilmek için ekonomi bilgi ve becerisine sahip olmamız gerekmektedir.
İngilizce:
Dissertation Writing Process
The aim of the first stage is to orient you to the tasks ahead by:
(1) Identifying resources that can help you in carrying out your project, and
(2) Describing (a) how the professional literature can be of use and (b) how to survey the literature efficiently.
Stage II: Choosing and Defining Research Topics:
The second stage involves:
(1) Selecting the question or problem on which your project will focus,
(2) Deciding if you wish to create or adapt a theory as part of your project's contribution; and--if you do, indeed, plan to devise a theory - deciding how to go about it; and
(3) Clearly delineating your selected problem and creating a rationale that explains what sort of contribution your dissertation will make to the realm of knowledge within which it's located.
Once your research proposal has been specified and its value explained, your next task is to select an effective way to gather the information needed for answering the question. This phase is presented as two sub stages - III-A and III-B .
The two are typically pursued in parallel, because they are interdependent. That is, collecting data efficiently requires a plan for organizing the data and vice versa. Even though the tasks are performed simultaneously, for clarity of presentation we find it convenient to describe them separately.
The aim of the first data-collection stage is to describe a variety of the most useful approaches to gathering information. The purpose is not to inspect in detail the steps that comprise each method. Instead, the intention is to
(a) sketch principal features of a method,
(b) illustrate the sorts of research questions or problems for which it's well suited, and
(c) point out the method's advantages and limitations. The approaches that are cited include historical accounts, case studies, ethnographies, experience narratives, surveys, correlation analyses, and experiments. Students often encounter problems at the data-collection stage of their dissertation.
No matter what sort of information you gather to solve your research problem, you need to organize it in a way that enables you to draw comparisons and contrasts, to estimate causes and effects, or to identify trends. For this purpose you require a classification system, such as a chronology, typology, or taxonomy and a method of condensing the mass of data in an accurate, comprehensible form.
At this stage you explain what your collection of classified, summarized information means. This is the "so what?" phase of your dissertation.
In this final stage, you are obliged to describe your completed dissertation to appropriate audiences. Your most immediate audience includes your major advisor and any other faculty members who are assigned to assess your work. Therefore, your first responsibility is to present them with a well crafted written account of your. Then, if you are also obliged to defend your dissertation before a committee in an oral examination session, your second responsibility is to fashion a convincing explanation of your research methods and findings.
Abstract:
Purpose– This paper aims to investigate the determinants of choice between private and public debt for British and German listed companies.
Design/methodology/approach– The paper is based on three strands of theories: the “liquidation and renegotiation” hypothesis; the “moral hazard and adverse selection” hypothesis; the “flotation cost” hypothesis. The regression analysis was adopted to test these hypotheses. The specific econometric method used for panel data is generalised method of moments (GMM).
Findings– The evidence records a few similarities in debt-mix structure of German and UK firms but it also detects some important differences. Therefore, the paper concludes that the relation between dependent and explanatory variables is country-dependent. This can be attributed to the differences in corporate governance mechanisms and institutional features of the countries.
Research limitations/implications– The limitation mainly has come from data unavailability for public debt. Future research could be to extend the number of countries to have a better idea for the impact of institutional factors on corporate debt-mix.
Practical implications– The findings confirm that the debt ownership decision of listed firms is not only the result of their own characteristics but also the outcome of legal and financial environment and corporate governance traditions in which they operate. The way managers decide about the type of debt financing is not universal. Furthermore, the factors such as liquidation and renegotiation, moral hazard and adverse selection, flotation costs are found to be significantly relevant while deciding the mix of corporate debt.
Originality/value – This study offers a unique comparison of the evidence from a bank-based economy (Germany) and a market-based economy (UK) that should have direct implications on the choice between bank debt and public debt. Firms with a long-run debt ownership target attain it through an adjustment process. The authors are not aware of any other study on debt ownership that controls for endogeneity using the GMM technique.
Abstract:
Purpose– The purpose of this research is to investigate the effect of a speculative attack on the Turkish Lira in the North Cyprus banking sector during the period 1984-2002.
Design/methodology/approach– A mutivariate logit model is the empirical methodology employed in this analysis that allows us to identify the determinants of the probability of bank failure. In the model, the existence of contagious currency crises is constructed as an index of exchange market pressure, which is a weighted average of changes in interest rates, international reserves and the nominal exchange rate.
Findings– The empirical result reveals that the a speculative attack on the Turkish Lira in 1994 and 2001 put stress on banks operating in North Cyprus and led to banking sector distress. The findings also suggest that bank-specific weaknesses, high interest rates, high credit, low trade and the fixed exchange rate policy significantly increased the bank fragility.
Research implications/Limitations– For further research this paper may better distinguish contagion if it uses economic and financial ties from Turkey that are practically susceptible to bank failure in North Cyprus.
Practical implications– This paper presents a practical application of a currency crisis model in the North Cyprus banking sector. In addition to the risk of currency crises, risk under fixed rate regimes, interest rate risk, trade risks and credit risk are also used to encourage correct risk management behaviour in the North Cyprus banking sector.
Originality/Value– This analysis would appear to be the first systematic evidence that investigates the effect of a speculative pressure on Turkish Lira in the North Cyprus banking sector.
1. Determine what kind of paper you are writing:
- An analytical paper breaks down an issue or an idea into its component parts, evaluates the issue or idea, and presents this breakdown and evaluation to the audience.
- An expository (explanatory) paper explains something to the audience.
- An argumentative paper makes a claim about a topic and justifies this claim with specific evidence. The claim could be an opinion, a policy proposal, an evaluation, a cause-and-effect statement, or an interpretation. The goal of the argumentative paper is to convince the audience that the claim is true based on the evidence provided.
If you are writing a text which does not fall under these three categories (ex. a narrative), a thesis statement somewhere in the first paragraph could still be helpful to your reader.
2. Your thesis statement should be specific—it should cover only what you will discuss in your paper and should be supported with specific evidence.
3. The thesis statement usually appears at the end of the first paragraph of a paper.
4. Your topic may change as you write, so you may need to revise your thesis statement to reflect exactly what you have discussed in the paper.
An analysis of the college admission process reveals one challenge facing counselors: accepting students with high test scores or students with strong extracurricular backgrounds.
The paper that follows should:
- explain the analysis of the college admission process
- explain the challenge facing admissions counselors
The life of the typical college student is characterized by time spent studying, attending class, and socializing with peers.
The paper that follows should:
explain how students spend their time studying, attending class, and socializing with peers
High school graduates should be required to take a year off to pursue community service projects before entering college in order to increase their maturity and global awareness.
The paper that follows should:
present an argument and give evidence to support the claim that students should pursue community projects before entering college.