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Conference Program

Friday, April 21

8:30 - 09:30    Registration of Participants                                    

09:30 - 10:15  Opening Ceremony (Room: Small Hall)                                        

10:15 - 11:15  Keynote Speaker: Prof. Dr. Paresh NARAYAN (Deakin Business School, Australia) Keynote Lecture 1: "Islamic Banking and Finance Literature: Issues, Challenges and Future Directions"                                                                      

11:15 - 11:30  COFFEE BREAK                            

11:30- 12:30   PANEL: The Dynamics of North Cyprus Banking (Room: Small Hall) 
Moderator: Prof. Dr. Mustafa BESIM, Eastern Mediterranean University, NORTH CYPRUS

Panel Speakers:

Çağan TANOĞLU (Manager of Banking Regulation and Supervision(a) TRNC Central Bank)
"TRNC Central Bank and Banking Sector Outlook"

Halil OKUR (Secretary-General at TRNC Bankers Association)
"North Cyprus Banking Vision and Expectations"  

Taştan ALTUNER (Chair of Board of Trustees, Asbank)
"Non-performing Loans and Resolution Process in Turkish Cypriot Banking Sector"

12:30 - 13:30  LUNCH

13:30 - 14:30  Keynote Speaker: Assoc. Prof. Dr. Seema NARAYAN (RMIT University, Australia) Keynote Lecture 2: "Stock Market Integration: Implications, Challenges and Future Directions" (Room: Small Hall)


14:30- 15:45
                Session 1: Investment and Capital Markets (Room: Soli Hall)
Chair: Cahit ADAOGLU, Eastern Mediterranean University, NORTH CYPRUS.  

Paper 1. "The Fibras as a Tool for Investment Diversification in Mexican Hotel Sector"
José G. Vargas – HERNÁNDEZ, University of Guadalajara, MEXICO
Hugo Daniel González ALTAMIRANO, University of Guadalajara, MEXICO (Presenter)

Paper 2. "Regime Dynamics of Capital Markets in the Fragile Five"
Ayben KOY, Istanbul Commerce University, TURKEY 

Paper 3. "The Comparison of the Periods of Borsa Istanbul 100 Index with the Periods of Some Possibly Related Indices"
Birhan TAŞTAN, Girne American University, NORTH CYPRUS

Paper 4. "Examining the Relationship between the Stock Returns and Earnings Measures - Evidence from Borsa Istanbul"
Asil AZİMLİ, Dokuz Eylül University, TURKEY (Presenter) 
Pınar EVRİM MANDACI,  Dokuz Eylül University, TURKEY

Paper 5. "Theory of Debt-Deflation and Financial Instability Hypothesis: Altered Causal Links in Different Regimes of Finance"
Samy METRAH, The University of Economics, Prague, CZECH REPUBLIC

Questions & Answers

14:30- 15:45      Session 2: Banking Performance/Corporate Performance (Turkish Session
                                                                   (Room: Lambousa Hall)
Chair: K. Batu TUNAY, Marmara University, TURKEY

Paper 1. "Analysis of the Effect of Developments in Banking Sector on the Economic Development: Turkey Example"
Gökhan IŞIL, Marmara University, TURKEY
Esra ERİK, Nişantaşı University, TURKEY (Presenter)

Paper 2. "The Effect of Financial Crises on Banking Performance in Developed and Emerging Economies"
Necla TUNAY, Marmara University, TURKEY
Nesrin ÖZATAÇ, Eastern Mediterranean University, NORTH CYPRUS
K. Batu TUNAY, Marmara University, TURKEY (Presenter)

Paper 3. "Assessing Electricity Distribution Companies in Turkey: Network Data Envelopment Analysis"
Serpil GUMUSTEKIN, Ondokuz Mayıs University, TURKEY (Presenter)
Talat SENEL, Ondokuz Mayıs University, TURKEY

Paper 4. "The Dynamic Impact of Financial Crises and Economic Volatilies on Insurance Sector"
Necla TUNAY, Marmara University, TURKEY
Nesrin ÖZATAÇ, Eastern Mediterranean University, NORTH CYPRUS
K. Batu TUNAY, Marmara University, TURKEY (Presenter)

Paper 5. "The Effect of Basel Criterias on Banking Profitability in Turkey: Analysis via Cointegration Method"
Erişah ARICAN, Marmara University, TURKEY
Başak TANINMIŞ YÜCEMEMİŞ, Marmara University, TURKEY
Levent ÇİNKO, Marmara University, TURKEY
Gökhan IŞIL, Marmara University, TURKEY (Presenter)
Güçlü OKAY, Marmara University, TURKEY
Kemal AKA, Marmara University, TURKEY

14:30- 15:45                     Session 3: Islamic Banking  (Room: Salamis Hall)
Chair: Paresh NARAYAN, Deakin Business School, AUSTRALIA

Paper 1. Measuring the Financial Stability of Islamic and Conventional Banks in Turkey
Marei ELBADRI, Eastern Mediterranean University, NORTH CYPRUS (Presenter)
Eralp BEKTAŞ, Eastern Mediterranean University, NORTH CYPRUS

Paper 2. The Interrelationship between Islamic and Conventional Financing: a Case from Malaysia
Nesrin OZATAC, Eastern Mediterranean University, NORTH CYPRUS
Dlawar Mahdi HADI, Eastern Mediterranean University, NORTH CYPRUS (Presenter)  

Paper 3. "Examination the Drivers of the Financial Performance in Dual Banking system: Case Study on Emerging Market Economies"
Alimshan FAIZULAYEV, Eastern Mediterranean University, NORTH CYPRUS (Presenter)  
Eralp BEKTAŞ, Eastern Mediterranean University, NORTH CYPRUS
Bezhan RUSTAMOV, Eastern Mediterranean University, NORTH CYPRUS

Paper 4.  "Determinants of NPLs in Islamic Banks: The Case of GCC Countries"
Nesrin ÖZATAÇ, Eastern Mediterranean University, NORTH CYPRUS
Nigar TASPINAR, Eastern Mediterranean University, NORTH CYPRUS
Oubayda El RIFAI, Eastern Mediterranean University, NORTH CYPRUS (Presenter)  

Paper 5. "The Effect of Corruption on Banks' Credit Risk: A Comparative Study Between Conventional and Islamic Banks"
Azeldin AHMET, Eastern Mediterranean University, NORTH CYPRUS (Presenter)  
Amer MOHAMAD, University of Bradford, UK
Hatice JENKINS, Eastern Mediterranean University, NORTH CYPRUS

Questions & Answers

 14:30- 15:45                     Session 4: Banking  (Room: Porta Del Mare Hall)  
Chair: Meryem DUYGUN, Nottingham University Business School, UK

Paper 1. "Optimality of Bank Financial Structure and Potential Effects on Banking Efficiency and Financial Stability"
Nader ALBER, Ain Shams University, EGYPT

Paper 2. "Antecedents of Customer Satisfaction and Positive Word of Mouth in the Internet Banking Sector"
Ozlem ALTUN, Eastern Mediterranean University, NORTH CYPRUS (Presenter)
Bilge ONEY, Eastern Mediterranean University, NORTH CYPRUS

Paper 3. "The Relationship between Liquidity Risk and Credit Risk and its Impact on the Risk of Financial Distress Banking System of Iran"
Chidam CHITAKOGLU, Islamic Azad University, IRAN (Presenter)
Halide ERDAK, Ataturk University, TURKEY

Paper 4. "Performance Ranking of Development and Investment Banks: ANP Application"
Sedat KARATAŞ, Undersecratariat Treasury, TURKEY
İlyas AKHİSAR, Kocaeli University, TURKEY (Presenter)

Paper 5. "Frontline Employees at the Ghanaian Local Banks and the Stress of Long Hours of Work"
Selira KOTOUA, Eastern Mediterranean University, NORTH CYPRUS (Presenter)
Mustafa ILKAN, Eastern Mediterranean University, NORTH CYPRUS
Hasan KILIC, Eastern Mediterranean University, NORTH CYPRUS

Questions & Answers

 14:30- 15:45                          Session 5: Multidisciplinary Session  (Room: Othello Hall) 
Chair: Bilge ONEY, Eastern Mediterranean University, NORTH CYPRUS.

Paper 1. "Multi-objective ATM Location Problem in a Metropolitan City"
Mahmoud GOLABI, Eastern Mediterranean University, NORTH CYPRUS (Presenter)
Arman NEDJATI, Eastern Mediterranean University, NORTH CYPRUS
Gokhan IZBIRAK, Eastern Mediterranean University, NORTH CYPRUS

Paper 2. "Averting Cost Estimation of Unreliable Water Supply in North Cyprus"
Arif YURTSEV, Eastern Mediterranean University, NORTH CYPRUS

Paper 3. "Mobile Robot Scheduling in Flow-Shop Cells and Its Importance on Minimizing the Production Time and Cost"
Sam MOSALLAEIPOUR, Eastern Mediterranean University, NORTH CYPRUS (Presenter)
Mazyar GHADIRINEJAD, Eastern Mediterranean University, NORTH CYPRUS
Ramtin NAZERYAN, Eastern Mediterranean University, NORTH CYPRUS
Mahdi SHAVARANI, Eastern Mediterranean University, NORTH CYPRUS

Paper 4. "The Relationship between Interest Rate Volatility, Spillover Effect of the U.S. Interest Rate and Banking Sector Development: Empirical Evidence for Turkey"
Hamed ALMAHADIN, Eastern Mediterranean University, NORTH CYPRUS (Presenter)
Gulcay TUNA, Eastern Mediterranean University, NORTH CYPRUS   

Paper 5. "Determinants of Small Business Lending in Palestine"
Abdalmalek ATOUT, Eastern Mediterranean University, NORTH CYPRUS (Presenter)
Bilge ONEY, Eastern Mediterranean University, NORTH CYPRUS  

Paper 6. "An Evaluation of Benefits, Costs and Risks of Electricity Transmission between Turkey and Cyprus"
Hossein Hosseini KHANAFCHI, Eastern Mediterranean University, NORTH CYPRUS  

Questions & Answers

 15:45 - 16:00  COFFEE BREAK   

 16:00- 17:15        Session 6: Stock Market/Oil Market/ Multidisciplinary Session  
                                                                   (Room: Salamis Hall)
Chair: Seema NARAYAN, RMIT University, Australia

Paper 1. "The Effect of Crude Oil Exports' Revenues on the Stock Market: Case of Iran"  
Siamand HESAMI, Eastern Mediterranean University, NORTH CYPRUS  

Paper 2. "Longevity Risk in Life Insurance"
Elif CEYLAN, Marmara University, TURKEY (Presenter)
Seher ARIKAN TEZERGIL, Marmara University, TURKEY  

Paper 3. "Effect of Oil Price Volatility on Clean Energy Stock Market Performance"
Negar FAZLOLLAHI, Eastern Mediterranean University, NORTH CYPRUS (Presenter) 
Saeed EBRAHIMIJAM, Eastern Mediterranean University, NORTH CYPRUS

Paper 4.  "How do Different Oil Price Shocks Affect the Relationship between Oil and Stock Markets?"
Hassan HEIDARI, Urmia University, IRAN (Presenter)
Saharnaz BABAEI BALDERLOU, Urmia University, IRAN
Mahyar EBRAHIMI TORKI, Allame Tabatabai University, IRAN
Farnaz SHOJAIEFAR, West Azerbaijan Science & Technology Park, IRAN

Paper 5.  "Bank Efficiency Change and Stock Market Returns Relationship: Evidence from Jordanian Banking System"
Hamed REZGALLAH, Eastern Mediterranean University, NORTH CYPRUS (Presenter)
Nesrin ÖZATAÇ, Eastern Mediterranean University, NORTH CYPRUS

Questions & Answers

 16:00- 17:15                   Session 7: Economic Performance (Turkish Session)  
                                                                (Room: Lambousa Hall)
Chair: İlyas AKHISAR, Kocaeli University, TURKEY

Paper 1. "Assessment of Healthcare Efficiency: Panel Data Analysis for OECD Countries"
Ayhan AYDIN, Adnan Menderes University, TURKEY
Mehmet Metin DAM, Adnan Menderes University, TURKEY
Serpil GÜMÜŞTEKİN, Ondokuz Mayıs University, TURKEY (Presenter)    

Paper 2. "The Association between R&D, Innovation and Economic Growth: Panel Data Analysis for EU Countries"
Mehmet Metin DAM, Adnan Menderes University, TURKEY
Hüseyin Tuğberk TIRAŞ, Adnan Menderes University, TURKEY (Presenter)    

Paper 3. "Evaluation of the Relationship between Tourism and Industry: A Case Study of Turkey"
Ayhan AYDIN, Adnan Menderes University, TURKEY (Presenter)    
Ahmet ÜNLÜ, Adnan Menderes University, TURKEY
Serpil GUMUSTEKIN, Ondokuz Mayıs University, TURKEY

Paper 4. "Assessing Renewable Energy Performance in Turkey: A Malmquist Index Analysis"
Serpil GUMUSTEKIN, Ondokuz Mayıs University, TURKEY (Presenter)    
Emre DUNDER, Ondokuz Mayıs University, TURKEY
Tuba KOC, Çankırı Karatekin University, TURKEY
Talat SENEL, Ondokuz Mayıs University, TURKEY

Paper 5. Cyclicality of Credit Risk in Emerging Market Economies
K. Batu TUNAY, Marmara University, TURKEY
İlyas AKHISAR, Kocaeli University, TURKEY (Presenter)    

Questions & Answers

16:00- 17:15                        Session 8: Corporate Performance (Room: Othello Hall) 
Chair:  Mohamed SHABAN, University of Sheffield, UK  

Paper 1. Dividend policy and Control Enhancement through Holding Companies: The Case of Family Controlled Companies
Seniha BESIM, Eastern Mediterranean University, NORTH CYPRUS (Presenter)
Cahit ADAOGLU, Eastern Mediterranean University, NORTH CYPRUS

Paper 2. Net Stable Funding Ratio and Liquidity Hoarding
Martin WINDL, University of Augsburg, GERMANY

Paper 3. "Why do Firms Repurchase their Stocks? Evidence from an Emerging Market"
Burak PİRGAİP, Çankaya University, TURKEY (Presenter) 
Semra KARACAER, Hacettepe University, TURKEY 

Paper 4. Factors that Have An Impact On the Dividend Policies of the Firms: An Empirical Anaylsis on the Relationship Between the Firm Performance and the Dividend Distribution with the Borsa Istanbul Dividend Index (XTMTU) Companies
Alev Dilek AYDıN, Haliç University, TURKEY

Paper 5. Foreign Directors And Collaborative Innovation. Some Evidence From UK Affiliates
Meryem DUYGUN, University of Nottigham, UK
Giuseppe LUBRANO, University of Salerno, UK
Vania SENA, University of Essex, UK
Mohamed SHABAN, University of Sheffield, UK (Presenter)

Questions & Answers

16:00- 17:15                              Session 9: Corporate Performance (Room: Porta Del Mare Hall) 
Chair: Salih KATIRCIOGLU, Eastern Mediterranean University, NORTH CYPRUS

Paper 1. "Corporate Debt Bias: Reasons and Possible Solutions"
Güneş TOPÇU, Çanakkale Onsekiz Mart University, TURKEY

Paper 2. "The Determinants of Corporate Cash Holding Levels in Travel & Leisure Sector of Tourism Industry: Empirical Evidence from United Kingdom (UK)"
Wisal AHMAD, Eastern Mediterranean University, NORTH CYPRUS (Presenter)
Cahit ADAOGLU, Eastern Mediterranean University, NORTH CYPRUS

Paper 3. "Effect of Financial Indicators in Firm Size and Sales Growth: Evidence from Saudi Stock Exchange (Tadawul)"
Mohammed Saleh Salim AL-KASADI, Hadramout University, YEMEN (Presenter)
Abobaker.S. ALABDALY, Hadramout University, YEMEN
Nuzha JANBAIN, Hadramout University, YEMEN

Paper 4. "Effects of Hedging Practices on Company Value: The Case of Malaysian Multinational Companies"
Azadeh HADIAN, Eastern Mediterranean University, NORTH CYPRUS (Presenter)
Cahit ADAOGLU, Eastern Mediterranean University, NORTH CYPRUS

Paper 5. "Dividend Policy of Travel and Leisure Companies in Western Europe"
Mahboubeh BAHREINI, Eastern Mediterranean University, NORTH CYPRUS (Presenter)
Cahit ADAOGLU, Eastern Mediterranean University, NORTH CYPRUS

Paper 6.  "The Determinants of Trade Credit for Listed Firms in Australian Securities Exchange"
Mazen ALHAKIM, Eastern Mediterranean University, NORTH CYPRUS (Presenter) 
Eralp BEKTAŞ, Eastern Mediterranean University, NORTH CYPRUS

 Questions & Answers

16:00- 17:15                  Session 10: Economic Performance (Room: Soli Hall)
Chair:  Ilker CINGILLIOGLU, Girne American University, NORTH CYPRUS 

Paper 1. "Estimating the Effect of Common Currency on Trade in West African Monetary Zones: A Dynamic Panel-GMM Analysis"
Cagay COSKUNER, Eastern Mediterranean University, NORTH CYPRUS (Presenter)
Oluseye OLASEHINDE-WILLIAMS, Eastern Mediterranean University, NORTH CYPRUS

Paper 2. The Pension Traps of Northern Cyprus
Hasan U. ALTIOK, Eastern Mediterranean University, NORTH CYPRUS (Presenter)
Glenn P. JENKINS, Queen's University, CANADA

Paper 3. "Maximizing the Return on Technology Investments by Turkish Banks: The Efficiency Challenge"
Ilker CINGILLIOGLU, Girne American University, NORTH CYPRUS  

Paper 4. "Forecasting the Role of Urban Development in the EKC: Empirical Evidence from Turkey"
Setareh KATIRCIOGLU, University of Kyrenia, NORTH CYPRUS  

Paper 5. "Energy Production and Economic Growth Nexus: A Dynamic Panel Trivariate Analysis for BRICS"
Isah WADA, Eastern Mediterranean University, NORTH CYPRUS (Presenter)
Alimshan FAIZULAYEV, Eastern Mediterranean University, NORTH CYPRUS

Questions & Answers

17:15- 18:30                  Session 11: Banking System (Room: Othello Hall) 
Chair: Hatice JENKINS, Eastern Mediterranean University, NORTH CYPRUS

Paper 1. "A Cross Country Analysis of Corruption and Bank Lending Performance"
Sara AZOD, Eastern Mediterranean University, NORTH CYPRUS (Presenter)
Hatice JENKINS, Eastern Mediterranean University, NORTH CYPRUS

Paper 2.  "Banking System of Ukraine – the Period of Structural Changes"
Oksana KIFORENKO, Uman National University of Horticulture, UKRAINE

Paper 3.  "The Effect of Corruption on Banks Non-Performing Loans: Empirical Evidence from MENA Countries"
Amer MOHAMAD, Eastern Mediterranean University, NORTH CYPRUS
Hatice JENKINS, Eastern Mediterranean University, NORTH CYPRUS (Presenter)

Paper 4. "Comparison of Banks' Financial Performances in TRNC: The Period 2012-2015"
Erdem ÖNCÜ, Izmir Katip Çelebi University, TURKEY

Paper 5. "Determinants of Financial Inclusion in Palestine and Comparison with MENA countries"
Duha Farouq KHMOUS, Eastern Mediterranean University, NORTH CYPRUS  (Presenter)
Mustafa BESIM, Eastern Mediterranean University, NORTH CYPRUS

Questions & Answers

17:15- 18:30            Session 12: Economic Performance (Room: Soli Hall)
Chair: Sami FETHİ, Eastern Mediterranean University, NORTH CYPRUS

Paper 1. "Modelling Business Sophistication, Innovation and Macroeconomic Development: Empirical Evidences from OECD Countries"
Dervis KIRIKKALELI, Girne American University, NORTH CYPRUS (Presenter)
Seyed Alireza ATHARI, Girne American University, NORTH CYPRUS

Paper 2. "The Nexus between Exchange Rate Undervaluation and Economic Growth Revisited"
Cagay COSKUNER, Eastern Mediterranean University, NORTH CYPRUS
Mehdi SERAJ, Eastern Mediterranean University, NORTH CYPRUS (Presenter)
Idoko Ahmed ITODO, Eastern Mediterranean University, NORTH CYPRUS
Seyi SAINT, Eastern Mediterranean University, NORTH CYPRUS

Paper 3. "Outbound Tourism Expenditure: A Review of Predictors and Analytical Approaches"
Javaneh MEHRAN, Eastern Mediterranean University, NORTH CYPRUS (Presenter)
Hossein GT OLYA, Sejong University, REPUBLIC OF KOREA
Habib ALIPOUR, Eastern Mediterranean University, NORTH CYPRUS

Paper 4. "Financial Development and Innovation: An Empirical Study for Advance Economies"
Hatice IMAMOGLU, Eastern Mediterranean University, NORTH CYPRUS (Presenter)
Cem PAYASLIOĞLU, Eastern Mediterranean University, NORTH CYPRUS

Paper 5. "The Impact of Entrepreneurship and Globalization on Economic Growth: Empirical Evidence from Panel Data Analysis"
Sami FETHI, Eastern Mediterranean University, NORTH CYPRUS
Elif SENYUCEL, Eastern Mediterranean University, NORTH CYPRUS  (Presenter)  

Questions & Answers

20:00 - 23:00      GALA DINNER

Saturday, April 22

10:00 - 18:00      TRIP TO HISTORICAL PLACES



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