Bora Aktan
Ph.D., Assistant Professor of Finance, Department of Finance, Yasar University, Faculty of Economics and Administrative Sciences, Bornova, Izmir, Turkey
EDUCATIONAL BACKGROUND:
• PhD (2000-07): ISTANBUL/ADNAN MENDERES UNIVERSITY
Graduate School of Social Sciences
Department of Business Administration
Thesis: Commercial Bank Risk Management within the context of New Basel Capital Accord: Monte Carlo VaR Approach
Dissertation Advisor: Prof. Dr. S. Bekcioglu, Syracuse (MBA) Wharton (Post-Doc)
• MBA (1995-98): MARMARA/ADNAN MENDERES UNIVERSITY
Graduate School of Social Sciences
Department of Business Administration
Thesis: Management of Problem Loans in Commercial Banks: An Application at Yapi Kredi Bank
• BA (1989-93): DOKUZ EYLUL UNIVERSITY
Faculty of Economics and Administrative Science
School of Tourism and Hotel Management
(Graduated with honour degree and obtained a scholarship
From Net Holding Inc. with his International Marketing Project)
• High School: Inonu Technical Lycee, Department of Electricity
PROFESSIONAL EXPERIENCE:
Yasar University (English- medium):
• Assistant Professor of Finance, Deputy Chair, Department of International Trade and Finance, Faculty of Economics and Business Administration, August 2007-present
- Elected Faculty Board Member, (2008-2011)
- Elected Management Board Member, (2008-2011)
- Instruction Committee Member (2008-...)
• Senior Lecturer and Head of Department of Economics and Administrative Sciences, Vocational School, 2006-07.
• Lecturer and Chair of Marketing Department, Vocational School, Izmir, Turkey, 2005-06.
Trade Information Center (TIC) UK Ltd: Company Director, (Co. No. 4599015) London, UK, 2005-....
Goldium Group: Director, Department of Business Development, Turkey, Mexico, UK, 2002-05
• Company Director, Bati Ege Limited (Co. No. 4494422) Croydon, UK
• Company Director, Kariyer Kuyumculuk Turizm Limited (Co. No. 4494422) Croydon, UK
Finansbank Inc: Portfolio Manager & In charge, Aydin Gima Branch, 2000-01
• Customer Representative, Individual Banking, Kusadasi Branch, 1999-00
Adnan Menderes University: Research Assistant, Faculty of Economics and Administrative Sciences, Department of Finance, Aydin, 1995-98
• Net Holding Inc.: Junior Investment and Planning Specialist and Rotation in several Group Companies, Istanbul, 1993-95
Inter Tourism and Travel Inc.: Sales Representative, (Part-time), Net Holding Inc, Izmir, 1991-93
Menderes Science Foundation: Sales & Marketing Responsible, Journal of Tourism Management, (Ceased Publication), Dokuz Eylul University, Aydin, 1990-91
Seren Electricity Trading & Industry: Technician, Quality Control, Istanbul, 1986-89
Grundig Electronics Inc.: OSANOR Training Period, Feb-June 1986
TEACHING EXPERIENCE:
• BUS 311-312 Corporate Finance I-II (Undergraduate)
• BUS 412 Investment Analysis (Undergraduate)
• BUS 371 Financial Markets and Institutions (Undergraduate)
• BUS 331 Financial Accounting (Undergraduate)
• UTF 510 International Money and Capital Markets (Master)
• MAN 514 Financial Management (Master)
RESEARCH AREAS OF INTEREST:
• Corporate/Entrepreneurial Finance,
• Emerging Financial Markets,
• Asset pricing,
• Financial intermediaries,
• Firm value,
• Global Investments,
• Stock market behaviour and portfolio selection with artificial intelligence techniques.
CURRENT RESEARCH:
• "Wavelet Analysis and its applications in Finance" with A. Ben Mabrouk from Computational Mathematics Laboratory, Monastir
• "Stock returns behaviour in Emerging markets" with S. Zikovic, from University of Rijeka
• "Energy price volatility" with S. Zikovic, from University of Rijeka
• "Data Mining Techniques", with H. Ince from Gebze Institute of Technology
• "Meta Analysis of Asset Pricing Models", with C. Bulut and S. Celik, from Yasar
VISITING FELLOW:
• University of Primorska, Faculty of Management Koper, Corporate Governance, Socially responsible investing and Business Ethics, Master Class, Slovenia, Summer 2008
• University of Roma, La Sapienza, Faculty of Economics, Economic History and Investment Opportunities of Turkey as an Emerging Market, ERASMUS, May 2008
REFEREED PAPERS:
1. "Global Financial Crisis and VAR Performance in Emerging Markets: A case of EU Candidate States" Co-authored with Sasa Zikovic. Finance Research Letters, under review.
2. "Empirical Examination of Real Estate Investment Trusts in Turkey: An Emerging Market Perspective" Co-authored with M. Ozturk. Journal of Property Investment and Finance, under review.
3. "A Comparative Study of Data Mining Techniques in Credit Scoring: Traditional vs. Artificial Intelligence". Co-authored with H. Ince. Applied Financial Economics, under review.
4. "Wavelet-Based Systematic Risk Estimation: An Application on Istanbul Stock Exchange" Co-authored with A.B.Mabrouk, M. Ozturk and N. Rhaiem. International Research Journal of Finance and Economics, Issue 23, January 2009, pp. 33-45.
5. "The Characteristics of Bank Common Stocks within the framework of Capital Asset Pricing Model: Evidence from Turkey" Co-authored with S. Celik and P. E. Mandaci. Investment Management and Financial Innovations Journal, Volume 5, Issue 4, December 2008, pp 189-204.
6. "Financial Performance Impacts of Corporate Entrepreneurship in Emerging Markets: A Case of Turkey". Co-authored with C. Bulut. European Journal of Economics, Finance and Administrative Sciences, Issue 12, October 2008, pp. 69-79.
7. "Corporate Entrepreneurship: A Literature Review and Synthesis" (in Turkish), Co-authored with C. Bulut, M. Fis, and S. Yılmaz, eJournal of Yasar (JOY), Vol. 3, No. 10, July, 2008
8. "The New Basel Capital Accord: In search of Excellence at Bank Risk Management" Co-authored with M. Ozturk, Review of Social Economic and Business Studies, 2006/2007, Vol.7-8, pp. 151-174.
9. "How Can The SEs Analyze Their Own Financial Statements By Themselves Readily via Ratios "A Way out for Small Businesses to Get on well with the Banks" (in Turkish), Co-authored with B. Bodur, eJournal of Yasar (JOY), 2006, Vol. 1, No. 3, July.
10. "How Bank Credits turn into Trouble: A Fundamental Analysis" (in Turkish). eJournal of Enterprise Resource Planning, ERPakademi, October 2005, pp.88-99.
OTHER PUBLISHED ARTICLES:
1. "Financial Analysis and Reporting for Small Business". Standard, Economic and Technical Journal (Joint), Vol. 47, No. 553, June 2008, pp. 70-77.
2. "An Overview: E-Commerce and Doing Business on the Net", Standard, Economic and Technical Journal, (Joint) October 02
3. "How to Govern Virtuously and Leadership", Aydin Chamber of Commerce Magazine, Volume 11, May 02
4. "Small is Beautiful", Machine Market Magazine, April 98
5. "The Unbearable Lightness of the Small and Medium Size Establishments in the Economics Systems of Countries", Machine Market Magazine, March 98
6. "Internet and Marketing Communication in Alternative Marketing Age", Machine Market Magazine, February 98
7. "Financing by Leasing", Machine Market Magazine, (Joint), September 97
8. "Barter and Barter Agreements as a Modern Exchange System", (Joint), Economical Solution Newspaper, 4-10 August 97
9. "Why Factoring?" Machine Market Magazine, July 97
10. "The Characteristics of a Liberal Manager", (Joint), Dunya Newspaper, 14 October 96
PUBLISHED BOOKS:
• Market Risk Management within the context of Basel Capital Accord (in Turkish), Co-authored with H. Catalca and H. Soydan, Siyasal Publishing, July 2008. http://www.siyasalkitap.com/products/detail/1268
PAPERS PRESENTED AT CONFERENCES AND SEMİNARS
• "The Effects of Entrepreneurial Orientation on Firms' Financial Performance: An empirical study in Turkey," co-authored with C. Bulut, Academy of International Business 35th Conference (UK & Ireland Chapter), Portsmouth Business School, Portsmouth, UK., March 2008.
PROJECTS:
• Integration of Asset Pricing Models with Artificial Intelligence Techniques: An Application to the Istanbul Stock Exchange (ISE), proposed to the Scientific and Technological Research Council of Turkey cooperation with Gebze Institute of Technology, Ege University and Dokuz Eylul University, September, 2008.
• Project Leader related to Strategic Plan developing, Application and Management Plans for the near future for a group of SMEs largely active in Kusadasi, Strategic Planning for SMEs in Kusadasi May, 2003
• Lectured as a banker specialized in Small Business arranged by KOSGEB and Chambers on Financing international trade activities, a series of seminars, 2000/2001
• Financial Structures and Problems of SMEs in the Province of Aydin and Developing Applicable Solution Proposals under the Existing Incentive System (supported by the Chamber of Commerce of Aydın, 1996)
EDITORIAL/REVIEWING EXPERIENCE:
• Qualitative Research in Financial Markets, Editorial Advisory Board Member, Emerald, 2008-
• Journal of Applied Sciences, Technical Editor, Ansi Journals, 2008-
• Review of Quantitative Finance and Accounting, Reviewer, Springer US, 2008-
• Academy of Accounting and Financial Studies Journal, Editorial Board Member, Allied Academies, 2008-
• International Journal of Applied Economics and Finance, Editorial Advisory Board Member, Ansi, 2008-
• Asian Journal of Mathematics and Statistics, Associate Editor, Ansi Journals, 2008-
• Academy of Banking Studies Journal, Editorial Board Member, Allied Academies, 2008-
• Journal of Artificial Intelligence, Technical Editor, Ansi Journals, 2008-
CONFERENCE DISCUSSANT:
• Discussant for "The experience of Euro Introduction in Slovenia", April 2008, Centre for Euro-Mediterranean Studies, EMUNI, Portoroz, SL.
CONFERENCE REVIEWER:
• Yasar University, Int. Conference on Business Management and Economics, Izmir, Turkey, June 2008
• International Academy of Business and Economics, Las Vegas, Nevada, the USA, Oct. 18-21, 2009
• International Academy of Business and Economics, Thessaloniki, June, 5-7, Greece, 2009
• The Allied Academies, International Conference, New Orleans, LA, April, 8-10, 2009
• The Allied Academies, International Conference, Las Vegas, Nevada, the USA, Oct. 14-16, 2009
• Yasar University, Int. Conference on Business Management and Economics, Izmir, Turkey, October, 2009
CONFERENCE SESSION CHAIR:
• Chaired session, "Finance," The Forth International Conference on Business Management and Economics, Cesme, Izmir, Turkey, June 2008
• Chaired session, "Finance and Banking," The Forth International Conference on Business Management and Economics, Cesme, Izmir, Turkey, June 2008
CONSULTING EXPERIENCE:
• Financial Consultant and member of Aegean Region Chamber of Industry (EBSO) Economics and Finance Committee, Sep. 2007-Present
• Business Development Consultant for Karia Maya Del Caribe Sociedad Anonima De Capital Variable (FM3 No. 979807)
MEMBERSHIP OF PROFESSIONAL BODIES:
• American Finance Association (AFA)
• Financial Management Association International (FMA)
• International Institute of Forecasters (IIF)
• The Euro-Med Research Business Institute (EMRBI) Banking and Finance Research Committee Member
AWARDS/HONOURS:
• The Best Teacher, 2008 Graduating master class, Faculty of Management Koper, University of Primorska, Summer School, 2008
• Service Plate, Mc Donalds Ltd., 2001
• Certificate of Honor, Aydin Lions Club, 2000
• Presidency Private Service Plate, Aydin Lions Club, 1996-97
• Service Plate, Aydin Lions Club, 1997
• Service Plate, Aydin Chamber of Commerce, 1996
