Table of Contents
Preface...... xx
Acknowledgment...... xxvii
Section 1 Global Financial System and Competitiveness
Chapter 1 The Competitiveness and Strategies in Global Financial System ...... 1 Hasan Dinçer, Beykent University, Turkey Ümit Hacıoğlu, Beykent University, Turkey
Chapter 2 Application of Statistical Visualization Tools on Global Competitiveness Data ...... 14 Ulas Akkucuk, Bogazici University, Turkey
Chapter 3 Analyzing the Efficiency of European Banks: A DEA-Based Risk and Profitability Approach...... 28 Mehmet Hasan Eken, Istanbul Commerce University, Turkey Suleyman Kale, Ziraat Bank, Turkey Huseyin Selimler, Ziraat Bank, Turkey
Chapter 4 The Role of World Bank in Global Development ...... 56 Ismail Erkan Çelik, Beykent University, Turkey Ümit Hacıoğlu, Beykent University, Turkey Hasan Dinçer, Beykent University, Turkey
Chapter 5 The Central Banking Operations in Global Economy ...... 65 Ismail Erkan Celik, Beykent University, Turkey Hasan Dinçer, Beykent University, Turkey Ümit Hacıoğlu, Beykent University, Turkey Section 2 Competitive Banking and Micro-Finance Strategies
Chapter 6 Foreign Ownership and Bank Efficiency: Evidence from Turkey...... 75 Özlem Olgu, Koç University, Turkey Emrah Yılmaz, Koç University, Turkey
Chapter 7 Convergence in Bank Credit: A Study of the Major Indian States over the Period 1972-2010...... 101 Ramesh Chandra Das, Katwa College, India Soumyananda Dinda, Sidho-Kanho-Birsha University, India
Chapter 8 Causality between Credit Deposit Ratio and Credit Share in Major Indian States during 1972- 2008 ...... 121 Ramesh Chandra Das, Katwa College, India Soumyananda Dinda, Sidho-Kanho-Birsha University, India
Chapter 9 Can Access to Microfinance Reduce HIV Prevalence among Women? Evidence from the Literature...... 135 James Atta Peprah, University of Cape Coast, Ghana Charles Buonbah, University of Cape Coast, Ghana
Chapter 10 Impact of Microfinance Bank Credit Scheme...... 158 Benjamin Chijioke Asogwa, University of Agriculture, Nigeria Peter Iorhon Ater, University of Agriculture, Nigeria Sani Madi Yakubu, University of Agriculture, Nigeria
Section 3 Stock Market and Portfolio Investments
Chapter 11 A Competitive Approach to Financial Issues: Modern Finance Theory...... 173 Mustafa Okur, Marmara University, Turkey A. Osman Gurbuz, İstanbul Commerce University, Turkey
Chapter 12 A Comparative Hybrid Method in Technical Analysis for Stock Selection Process in Banking Sector by Fuzzy AHP-Topsis and Vikor Method ...... 187 Hasan Dinçer, Beykent University, Turkey Ümit Hacıoğlu, Beykent University, Turkey Chapter 13 Evidence for Some Underlying Time Series Momentum ...... 205 Faten Zoghlami, Manouba University, Tunisia
Chapter 14 Impact of the Volatility of Macroeconomic Variables on the Volatility of Stock Market Returns: Nigeria’s Experience...... 218 Emeka Nkoro, University of Port Harcourt, Nigeria Aham Kelvin Uko, University of Port Harcourt, Nigeria
Chapter 15 Globalization of Financial Risks and Evaluation of Common Stocks ...... 231 Dilaysu Cinar, Beykent University, Turkey
Chapter 16 A Market Analysis Approach to Portfolio Theories ...... 241 Dilaysu Cinar, Beykent University, Turkey
Section 4 Social and Behavioral Strategies in Finance
Chapter 17 Behavioral Finance in Theory and Practice ...... 254 Mustafa Okur, Marmara University, Turkey A. Osman Gurbuz, Istanbul Commerce University, Turkey
Chapter 18 Racial Differences in Financial Socialization and Financial Behaviors of U.S. College Students.....272 Michael S. Gutter, University of Florida, USA Zeynep Copur, Hacettepe University, Turkey Amanda Blanco, University of Florida, USA
Chapter 19 Innovative Work Behaviors in Turkish Banking Sector ...... 293 Hasan Dinçer, Beykent University, Turkey Nazife Orhan, Beykent University, Turkey
Chapter 20 The Role of Social Media Strategies in Competitive Banking Operations Worldwide ...... 304 Nurdan Oncel Taskiran, Kocaeli University, Turkey Recep Yilmaz, Beykent University, Turkey Nursel Bolat, Istanbul Arel University, Turkey Chapter 21 Innovative Strategies Devised by Indian Microfinance Institutions...... 341 Nadiya Marakkath, Tata Institute of Social Sciences, Mumbai
Section 5 Local Issues and Strategies in Finance
Chapter 22 Evaluating the Banking Sector Recapitalization for Economic Growth in Nigeria ...... 349 Peter I. Ater, University of Agriculture, Nigeria Benjamin C. Asogwa, University of Agriculture, Nigeria
Chapter 23 Emerging Legal Issues in Banking Operations ...... 358 Kemale Aslanova, Beykent University, Turkey
Chapter 24 Financial Distress and Bankruptcy Costs ...... 369 Ben Jabeur Sami, IESEG School of Management, France
Chapter 25 Analysis of Spatial Price Efficiency in Rural and Urban Markets in Nigeria...... 380 Benjamin C. Asogwa, University of Agriculture, Nigeria Peter I. Ater, University of Agriculture, Nigeria Jacqueline A. Ezihe, University of Agriculture, Nigeria
Chapter 26 Currency and Interest Rate Effect on Financial Ratios: Technology Case on ISE...... 394 Engin Demirel, Trakya University, Turkey Sibel Yilmaz Turkmen, Marmara University, Turkey
Chapter 27 Financial Control and Ratio Analysis in Local Governments ...... 410 Ali Kablan, Istanbul University, Turkey
Compilation of References...... 423
About the Contributors ...... 459
Index...... 467