The main objective of this study was to evaluate the impact of Financial Literacy (FL) and Frequency of Meetings (FM) of members of Audit Committee on financial reporting quality in Nigerian quoted companies. Data for the study were derived from annual reports of one hundred and thirty one (131) companies quoted on the Nigerian Stock Exchange over the period of 2006 to 2012. The data were analyzed using descriptive, correlation and Ordinary Least Square (OLS). The multivariate regression technique was utilized to estimate our model. The findings showed that audit committee financial literacy and audit committee frequency of meetings had a positive significant influence on financial reporting quality. Based on these findings, some recommendations were made, prominent amongst them, was that, in order to strengthen the impact of financial literacy on financial reporting quality, regulatory authorities such as SEC, CBN and NDIC, should give special attention to audit committee members with high status with a view to making it mandatory for all companies to comply with it. Status, in this context, implies an aspect of personal power reflecting the ability to influence outcomes based on perceived skills, qualities and personal attributes.

Agriculture is a field which is critically important for the economy of every country. Countries pursue different agricultural production strategies in different regions in accordance with their needs. In this study, a production planning model was developed based on Modern Portfolio Theory for the production of summer and winter vegetables in Denizli, which has a significant agricultural production potential for the Aegean region. The historical data of the specified products were obtained from Turkish Statistical Institute (TUIK). As the analysis method, Markowitz mean variance model and efficient frontier concepts were used. The optimum production portfolios, which have different product ranges and through which the manufacturers can make maximum profit according to their risk appetite, were determined. This study serves as a guide way to the manufacturers for the cultivation plans in future seasons.

Sustainability is currently a very popular topic in the world of business. This paper explores the concept of sustainable investment, its evolution, the role of stock exchanges in corporate sustainability, sustainability indices both in developed and developing markets and literature regarding sustainable investing performance. The main purpose of the study is to introduce Borsa İstanbul Sustainability Index and to study its performance. Wilcoxon test is used to test the differences in return of the index companies before and after the launch of the index. The results obtained revealed that most of the companies suffered a decrease in return after being included in the index. Also, paired samples t-test is used to explore the differences in performance between BIST Sustainability Index and other benchmark indices. The results showed no statistically significant difference between BIST Sustainability index and other benchmark indices.

Sustainability is rapidly moving from an abstract concept to a measurable state of dynamic human-ecological systems. The large number of economic, social, and environmental indicators currently available provides a view of system sustainability. In this respect, sets of sustainability indicators and aggregation of these indicators into indices are increasingly used to make policy decisions.

The indices offer companies the opportunity to compare their sustainability performances on both local and global level. With the indices, provide companies an instrument for evaluating their performance and consequently adopting new targets or furthering their performance while allowing them to develop their risk management abilities for corporate transparency, accountability and sustainability.

The purpose of this paper is to discuss conceptual requirements for Sustainability Indices and with using Dow Jones Sustainability Indices (DJSI) analyze the differences and the relationship of DJSI Emerging Markets with DJSI Developed Markets in which North America and Europe is chosen.

The new conditions in airline industry due to the effects of liberalization have changed the market considerably since the 1980s. The difficulties in the industry force the airline companies to compete that financial analysis became indispensable to compare their profitability among the rivals worldwide. For this reason; it is aimed to reveal the relationship between profitability and traditional financial and airline-specific ratios for 17 leading major airlines for the 2011-2013 period in the study. Here; it is suggested to display the impact of traditional ratios on profitability rates for the companies. Operating Profit Margin (OPM), Net Profit Margin (NPM), Return on Assets (ROA) are selected as the profitability rates while Current Ratio (CR), Debt Ratio (DR), Total Assets Turnover Rate (TATR) and Revenue per Revenue Passenger Kilometers (RRPK) are chosen in the study as traditional financial and airline- specific ratios. The methods as Descriptive Statistics, Correlation and Regression Analyses (the profitability rates as dependent variables and traditional financial and airline-specific ratios as independent variables) are studied respectively by running SPSS 20.0 Software Package to reveal the mentioned relationship between profitability rates and traditional ratios and to interpret the outcome for major airlines.

This study aims to explain the association between corporate governance and earnings management by emphasizing the four main theories underlying corporate governance. Main focus of the paper is to take corporate governance practices as a monitoring mechanism to prevent opportunistic type of earnings management practices. While exhibiting substantial review from the world literature, the study provides an insight to the Turkish corporate governance awareness.

The accounting frauds have massive adverse impacts on the business environment. Due to high incidence of accounting fraud in the economic environment, regulatory bodies make considerable efforts to the development of a reliable and accurate model that can detect accounting fraud. The primary objective of this paper is to establish an empirical model that significantly contributes to the development of a reliable model for detecting accounting fraud committed by firms listed on Borsa İstanbul. This study investigates ten accounting variables with probit regression analysis and covers 144 firms between the time period of 2005 to 2015. The results indicate that firms with low liquidity ratios are more probable to issue fraudulent financial statements, negative financial performance is a vital motivational factor for fraud, smaller firms are more likely to issue fraudulent financial statements, firms with high debt to equity are more likely to be classified as fraud firms and fraud firms have lower accounts receivable turnover and inventory turnover than non-fraud firms.

Management accounting is a set of applications developed to help managers attain their reasonable economic goals in the field. Traces of these applications can also be followed from developments of the accounting literature. Developments in the accounting literature are observed in periodicals and books. In this context, it is important to draw from the Handbooks of Management Accounting Research which is subdivided into theoretical perspectives, research methods, and practices that collect the main works in the management accounting research literature. Reference data of the Handbooks of Management Accounting Research publication has been compiled, and tried to point out the studies which are the main sources of these publications. Additionally, in the analysis of reference data, the authors with the most citations and most widely used periodicals are listed. According to the results of the study, the main sources in the references of publications relate not only to the management accounting field but is valid in all areas of accounting. Particularly when the frequency of use of periodicals is taken into account, management accounting literature contains numerous business management journals in the list.

As a result of intensive competition, banks offer many differentiated loans. Unfortunately, while these loans are being offered, there may be differences among their forms and substances; and reporting them depending on their form distorts financial statements and misleads users. Banks can even offer loans with zero percent interest, while overcharging fees, commissions, and insurance premiums in advance to compensate the cost and make a reasonable profit. They may divert interest and commission sources of income by interchangeably reporting them. This study aims to show the effects of misrepresenting fixed repayment bank loans (installment loans) on the financial reports of relating parties and propose solutions in the light of International Accounting Standards/International Financial Reporting Standards.

Due to corporations and cooperatives go bankrupt, important costs come up in economic manner. Two rehabilitation institutions, postponement of bankruptcy and restructuring by conciliation are put into practice for preventing the corporations and cooperatives collapse because of bankruptcy. These institutions’ aim is to straighten the corporation and cooperatives financial states, to provide move on and to reach the more profitable and healthy solution for all stakeholders. However, to put these institutions into practice in an effective way, is depend on lawyers and accountant professions working together. Within this phase, if accountant professions do not perform his responsibility as required, this will prevent to move on these rehabilitation institutions. Even in this case, probability of the misuse will be coming out by the malicious debtors easily.

Several studies exist in the literature to analyze the effect of weather conditions on finance field. As an addition to the mentioned ones, in the study; the relationship between the weather condition reports and Istanbul Stock Exchange Food and Beverage Index is examined. For this reason, the daily data of weather conditions of Turkey from August 2013 to November 2015 besides closing prices of the Food and Beverage Index are benefited. As climatic factors like weather conditions are suggested to affect the amount of the agricultural products and their prices; the condition reports are assumed to cause volatility in cases such as costs in addition to financial structures of the companies listed on the index. Hence; the effect of mentioned factors on profitability and market value of the firms are tried to be revealed. Johansen ve Juselius Cointegration tests are run between the average temperature and daily closing prices data in advance and long term relationship is revealed between the variables in the study. Therefore; Vector Error Correction Model to indicate the short term effect of the relation is used so that findings are shown to obtain the balance for the deviation of short term deviation.

Civil aviation sector has entered a rapid development process in the globalized world and increased competition has forced companies to be included in the different alliances. Furthermore, the low cost airline companies appeared in the nineties has changed the structure of the sector and the competition has become more difficult. The costs of minimum standards on flight safety as well as this tough competitive conditions make it difficult for companies to manage their financial risk. This study aims the comparative analysis of financial risk levels, measured over their financial ratios, of Star Alliance, One World and Sky Team; the world's three largest global airline alliances and the airlines that sell cheap tickets through low cost strategy by performing fuzzy logic method. Two different analysis are made using two different models. The first analysis results show that there is no difference between alliances and low-cost airlines in terms of financial risk levels for the period of 2010-2014. However the second analysis results show that there is difference between alliaces and low-cost airlines in terms of financial risk levels.

2005 yılına kadar halka açık anonim ortaklıklarda SPKn.'na göre bağımsız denetim SPKn. Seri X No:11 Tebliğine göre yapılmakta iken, Avrupa Birliği Müktesebatı çerçevesinde başta SPK olmak üzere diğer düzenleyici kurumlar (BDDK- Hazine Müsteşarlığı ve EPDK gibi) bağımsız denetimi Uluslararası Finansal Raporlama Standartlarına (UFRS) göre hazırlanan finansal tablolar üzerinden yapılmasını emretmiştir. Türkiye'de tüm işletmeler Vergi Usul Kanunu (VUK) hükümlerine göre finansal tablolarını hazırlamakla yükümlüdür. Türkiye’de başta SPK'na tabi halka açık anonim ortaklıklar ve düzenleyici üst kurumlara tabi şirketler VUK'nuna göre hazırladıkları finansal tablolardan sonra UFRS'na göre finansal tablo hazırlarken bir takım düzeltme ve sınıflandırma kayıtları vermek durumundadırlar ve genelde bu muhasebe kayıtları çoğu şirket tarafından muhasebe bilgi sistemi üzerinden değil de muhasebe dışından verilmektedir. (While the independent auditing in publicly-held corporations was made in accordance with Serial X No:11 Communique of the Capital Market Law until 2005 pursuant to CML, then the regulatory authorities (Banking Regulation and Supervision Agency, BRSA - Undersecretariat of Treasury and Energy Market Regulatory Authority, etc.) led by the Capital Market Board ordered independent audit to be made over the financial statements prepared in accordance with the International Financial Reporting Standards within the framework of union acquis. Basically, all the companies in Turkey are obliged to prepare their financial statements in accordance with the provisions of Tax Procedure Law (TPL). Companies subject to supreme regulatory authorities led by publicly-held corporations subject to Capital Market Law are obliged to submit some correction and classification records while preparing their financial statements in accordance with International Financial Reporting Standards (IFRS) after the preparation of financial statements in accordance with the Tax Procedure Law; and generally these accounting records are provided by majority of the companies not over the accounting information system but outside accounting.)