AREAS OF INTEREST
Research:
Capital Structure, Corporate Debt and Equity Offerings, Corporate Governance, Financial Markets, Entrepreneurship
Teaching:
Financial Management, Corporate Finance, Investments, International Finance, Personal Finance, Financial Statement Analysis
JOURNAL PUBLICATIONS
121. “The Efficiency of the Financial System: A Comparison of Developed and Less Developed Countries”, H.D. Kaya, Financial Markets, Institutions and Risks, (forthcoming).
120. “The Business Cycle and the Portfolio Composition of Mutual Funds”, H.D. Kaya, Julia S. Kwok, SocioEconomic Challenges, Issue 2, 2020 (forthcoming).
119. “An application of Stock-Trak in ‘investments’: what common mistakes do students make while studying socioeconomic processes?”, H.D. Kaya, Julia S. Kwok, SocioEconomic Challenges, Issue 1, 2020 (forthcoming).
118. “The Relationship between the State of Economy and Entrepreneurial Activity”, H.D. Kaya, Management Research and Practice, (forthcoming).
117. “The Regional Impacts of the 2008-2009 Global Economic Crisis on Ecosystem Vitality”, H.D. Kaya, International Journal of Ecological Economics and Statistics, (forthcoming).
116. “Business Friendliness and Small Firm Characteristics”, H.D. Kaya, Journal of Management Research, 20(1), March 2020, pp. 47-59.
115. “The Regional Impacts of the 2008-2009 Global Economic Crisis on Environmental Health”, H.D. Kaya, International Journal of Ecological Economics and Statistics, (forthcoming).
114. “Government support, entrepreneurial activity and firm growth”, H.D. Kaya, SocioEconomic Challenges, 3(3), 2019, pp. 5-12.
113. “Economic Crises and Competition from the Informal Sector in Manufacturing Industry in Eastern European and Central Asian Countries”, A.N. Balas and H.D. Kaya, Research in Business and Economics Journal, 14, 2020.
112. “The Impact of Global Crisis on the Subsidies Paid to Retailers and Wholesalers in Eastern European and Central Asian Countries”, A.N. Balas and H.D. Kaya, Review of International Comparative Management, 20(1), 2019, pp. 14-29.
111. “Economic Crises and Security Concerns of Wholesalers in Eastern European and Central Asian Countries”, A.N. Balas and H.D. Kaya, Journal of Eastern European and Central Asian Research, 6(2), 2019, pp. 245-258.
110. “The Global Economic Crisis and Retailers’ Security Concerns: The Trends”, A.N. Balas and H.D. Kaya, SocioEconomic Challenges, 3(2), 2019, pp. 5-14.
109. “The Global Crisis and the Subsidies to Manufacturing Firms”, H.D. Kaya and A.N. Balas, Studies in Business and Economics, 14(2), August 2019, pp. 41-54.
108. “How does Government Support Affect Primary Employment by Entrepreneurs in U.S. States?”, H.D. Kaya, Journal of Advanced Research in Law and Economics, 9(32), Spring 2018, pp. 516-521.
107. “An Empirical Study on the Relationship between the State of the Economy and Small Firm Characteristics: U.S. Case”, H.D. Kaya, Management Research and Practice, 10(4), December 2018, pp. 33-45.
106. “The Impact of the 2008-2009 Global Crisis on Entrepreneurial Aspirations and Entrepreneurial Attitudes”, H.D. Kaya, Studies in Business and Economics, 14(1), 2019, pp. 111-126.
105. “Government Support and the Characteristics of Small Firms”, H.D. Kaya, Journal of Management Research, 19(2), 2019, pp. 120-130.
104. “The Global Crisis and Poverty”, H.D. Kaya, Studies in Business and Economics, 13(3), December 2018, pp. 63-73.
103. “The Impact of the Asian Crisis on Governance: Does OECD Membership or Income Levels Matter?”, H.D. Kaya, Studies in Business and Economics, 13(2), August 2018 pp. 115-130.
102. “How does Internet Usage in Entrepreneurial Process Affect Owner Characteristics?”, H.D. Kaya, Journal of Applied Economic Sciences, 4(58), Summer 2018, pp. 1013-1020.
101. “Does State or Local Government Support for Small Businesses Attract Better Entrepreneurs?”, H.D. Kaya, Journal of Advanced Research in Management, 9(17), Summer 2018, pp. 5-14.
100. “The Business Cycle and Bank Failures”, H.D. Kaya, Journal of Advanced Studies in Finance, 9(1), Summer 2018, pp. 5-14.
99. “Economic Crises and Environmental Sustainability”, H.D. Kaya, International Journal of Ecological Economics and Statistics, 39(4), July 2018, pp. 1-18.
98. “Economic Expansions and Entrepreneurial Activity”, H.D. Kaya, Journal of Management Research, 18(3), July-Sept 2018, pp. 152-161.
97. “How does State and Local Government Support Affect Entrepreneurs’ Gender, Age and Race?”, H.D. Kaya, Journal of Women’s Entrepreneurship and Education, Issue 1-2, June 2018, pp. 1-16.
96. “The 2008-2009 Global Crisis: The Environmental Impacts on Developed versus Less Developed Countries”, H.D. Kaya, Journal of Applied Economic Sciences, 3(57), Summer 2018, pp. 627-636.
95. “The Regional Impacts of the Asian Crisis on Governance”, Halil D. Kaya, Studies in Business and Economics, 13(1), May 2018, pp. 76-89.
94. “Investing in Tax-Free versus Taxable Bonds”, H.D. Kaya and J.S. Kwok, International Research Journal of Applied Finance, Vol. IX, Issue 4, April 2018, pp. 1-4.
93. “The Financial Crises of the 1990s and Environmental Sustainability: A Comparison of Developed versus Less Developed Countries”, H.D. Kaya, Journal of Applied Economic Sciences, Vol. XIII, Issue 2(56), Spring 2018, pp. 293-302.
92. “Internet Usage in Entrepreneurial Process and Firm Characteristics”, H.D. Kaya, Journal of Applied Economic Sciences, Vol. XIII, Issue 1(55), Spring 2018, pp. 43-51.
91. “An Application of the Residual Earnings Model in Valuation”, H.D. Kaya and J.S. Kwok, International Research Journal of Applied Finance, Vol. IX, Issue 4, April 2018, pp. 1-7.
90. “A Case on Free Cash Flow”, H.D. Kaya, International Research Journal of Applied Finance, Vol. VIII, Issue 11, November 2017, pp. 1-3.
89. “Short-term and long-term impact of Sarbanes-Oxley Act on director commitment and composition of corporate board committees”, G. Banerjee and H.D. Kaya, Journal of Financial Management and Analysis, Vol. 30(1), November 2017, pp. 1-11.
88. “Reformulated Financial Statements”, H.D. Kaya, International Research Journal of Applied Finance, Vol. VIII, Issue 11, November 2017, pp. 1-4.
87. “The impact of the global crisis on entrepreneurial activity”, H.D. Kaya, Journal of Applied Economic Sciences, Vol. XII, Issue 8(54), Winter 2017, pp. 2179-2189.
86. “Small business owners’ optimism on the economy: Are certain owners more optimistic than the others?”, H.D. Kaya, Journal of Applied Economic Sciences, Vol. XII, Issue 7(53), Winter 2017, pp. 1956-1966.
85. “The Impact of the Global Crisis on the Stability of the Financial System”, Journal of Applied Economic Sciences, Vol. XII, Issue 3(49), Summer 2017, pp. 698-708.
84. “The Impact of the Global Economic Crisis on Rural and Urban Poverty Gap”, Halil D. Kaya, Journal of Applied Economic Sciences, Volume XII, Issue 5(51), Fall 2017, pp. 1274-1284.
83. “The Borrower Characteristics in Hot Equity Markets”, Halil D. Kaya, Annals-Economy Series, Issue 3, 2017, pp. 36-43.
82. “The Impact of the 2008-2009 Global Crisis on Governance: A Comparison of High-Income and Low-Income Countries”, Halil D. Kaya, Journal of Applied Economic Sciences, Volume XII, Issue 4(50), Summer 2017, pp. 1162-1174.
81. “Economic Expansions, Entrepreneurial Aspirations and Entrepreneurial Attitudes” Journal of Management Research, October-December 2017, 17(4), pp. 219-231.
80. “The Effect of Financial Crises on Stock Market Liquidity across Global Markets”, Engku N. Engkuchik and Halil D. Kaya, Investment Management and Financial Innovations, 14(2), June 2017, pp. 38-50.
79. “Does Fed Policy affect Blockholder Behavior in U.S. Publicly Traded Firms?”, H.D. Kaya and N.L. Lumpkin-Sowers, Investment Management and Financial Innovations, 14(1-1), May 2017, pp. 153-159.
78. “The Regional Impacts of the 2008-2009 Global Crisis on Governance”, Annals-Economy Series, Issue 2, 2017, pp. 80-90.
77. “Small Firm Owner Characteristics and Primary Employment”, Journal of Women’s Entrepreneurship and Education, Issue 1-2, 2017, pp. 40-55.
76. “Currency futures, daily profits and balances, and margin call”, International Research Journal of Applied Finance, Vol. VIII, Issue 9, September 2017, pp. 1-5.
75. “The relation between inflation, interest rates, and exchange rates”, International Research Journal of Applied Finance, Vol. VIII, Issue 9, September 2017, pp. 1-5.
74. “A Case on Mortgage Loans and Refinancing”, H.D. Kaya and J.S. Kwok, International Research Journal of Applied Finance, April 2017, 8(4), pp. 1-3.
73. “Impact of Firm Characteristics and Monetary Policy Environment on Firms’ Profitability Ratios and Price Multiples: Evidence from U.S. Industrial Firms”, H.D. Kaya and G. Banerjee, Journal of Financial Management and Analysis, 2016, 29(2), pp. 1-9.
72. “Cross Rates in Foreign Exchange”, H.D. Kaya, International Research Journal of Applied Finance, March 2017, 8(3), pp. 1-4.
71. “Arbitrage in Currency Markets”, H.D. Kaya, International Research Journal of Applied Finance, March 2017, 8(3), pp. 1-5.
70. “The Characteristics of Small Firms that Serve as Owner’s “Primary Employment””, H.D. Kaya, Annals-Economy Series, 2017, Issue 1, pp. 5-13.
69. “Does GDP Explain “Access to Finance”? An Examination of Firm- versus Individual Level Measures”, H.D. Kaya, Annals-Economy Series, 2017, Issue 1, pp. 210-217.
68. “Currency risk and money market hedge”, H.D. Kaya, International Research Journal of Applied Finance, November 2016, 7(12), pp. 1-5.
67. “Forward Premium and Forward Contracts”, H.D. Kaya, International Research Journal of Applied Finance, December 2016, 7(12), pp. 1-5.
66. “Financial Crises, Income Levels and Access to Finance”, H.D. Kaya, Studies in Business and Economics, 12(2), October 2017, pp. 112-124.
65. “The Impact of the 2008 Global Crisis on Access to Finance”, H.D. Kaya, Annals – Economy Series, December 2016, No. Special Ecotrend Vol 1 from 2016, pp. 6-12.
64. “Composition of Blockholders in Publicly Traded Firms”, H.D. Kaya and N.L. Lumpkin-Sowers, Corporate Ownership and Control, 14(2), 2017, pp. 88-97.
63. “Interest rate parity and arbitrage”, H.D. Kaya, International Research Journal of Applied Finance, November 2016, 7(11), pp. 1-5.
62. “Arithmetic Average Return versus Geometric Average Return: Which One is Better?”, H.D. Kaya, International Research Journal of Applied Finance, November 2016, 7(11), pp. 1-4.
61. “A Case on Portfolio Risk and Return”, H.D. Kaya, International Research Journal of Applied Finance, October 2016, 7(10), pp. 1-6.
60. “Foreign Reactions to U.S. Auctions: Implications for U.S. Bidders in Foreign Countries”, H.D. Kaya and Julia S. Kwok, International Journal of Academic Research in Business and Social Sciences, October 2016, 6(10), pp. 29-43.
59. “The Reactions to U.S. Companies in Foreign Telecommunication Auctions”, H.D. Kaya and Julia S. Kwok, International Journal of Academic Research in Economics and Management Sciences, September 2016, 5(4), pp. 79-89.
58. “A Framework for Telecommunication Auctions”, H.D. Kaya and Julia S. Kwok, International Journal of Academic Research in Business and Social Sciences, October 2016, 6(10), pp. 128-135.
57. “The Impact of the 1997-1998 Asian Crisis on Governance”, H.D. Kaya, International Journal of Management Research and Review, September 2016, 6(9), pp. 1160-1168.
56. “Telecommunication Auctions: A New Classification”, H.D. Kaya and Julia S. Kwok, International Journal of Management Research and Review, September 2016, 6(9), pp. 1141-1148.
55. “The 2008-2009 Global Crisis and Governance”, H.D. Kaya, International Journal of Academic Research in Accounting, Finance and Management Sciences, October 2016, 6(4), pp. 102-108.
54. “An Application of the Capital Asset Pricing Model”, H.D. Kaya, International Research Journal of Applied Finance, August 2016, 7(8), pp. 1-5.
53. “The Impact of Rules and Regulations on Startup Firms’ Success and Owners’ Optimism within the United States” H.D. Kaya, Journal of Business and Economic Perspectives, Spring/Summer 2017.
52. “The Determinants of Entrepreneurial Activity in U.S. States”, H.D. Kaya, Journal of Business and Economic Perspectives, 43(2), Fall/Winter 2016, pp. 52-62.
51. “A Capital Budgeting Problem: NPV vs IRR”, H.D. Kaya, International Research Journal of Applied Finance, July 2016, 7(7), pp. 1-4.
50. “How do economic crises affect regional human development? An investigation of the 2008 Global Crisis”, H.D. Kaya, International Journal of Academic Research in Business and Social Sciences, June 2016, 6(6), pp. 138-149.
49. “Economic crises and human development: A comparison of developed versus developing countries”, H.D. Kaya, International Journal of Academic Research in Business and Social Sciences, June 2016, 6(6), pp. 231-245.
48. “Evaluating mutually exclusive projects with capital budgeting techniques (case study)”, H.D. Kaya, International Research Journal of Applied Finance, June 2016, 7(6), pp. 1-5.
47. “Cost of Capital and Its Components: An Application”, H.D. Kaya, International Journal of Academic Research in Business and Social Sciences, May 2016, 6(5), pp. 246-257.
46. “The Use of Dividends in Valuation: The Case of a Global Company”, H.D. Kaya, International Research Journal of Applied Finance, May 2016, 7(5), pp. 1-7.
45. “Using the Dividend Discount Model in Valuation: The Case of PepsiCo”, H.D. Kaya and Julia S. Kwok, International Research Journal of Applied Finance, March 2016, 7(3), pp. 1-7.
44. “The Impact of Technology Use on Entrepreneurial Activity and Owner Composition”, H.D. Kaya, Journal of Women’s Entrepreneurship and Education, 2016, Issue 1-2, pp. 39-57.
43. “Using Common Size Statements to Evaluate a Company’s Performance: An Application”, H.D. Kaya, International Research Journal of Applied Finance, February 2016, 7(2), pp. 1-8.
42. “The Impact of the 2008 Global Crisis on Human Development: An Examination of the Human Assets Index”, H.D. Kaya, International Journal of Academic Research in Business and Social Sciences, February 2016, 6(2). pp. 42-56.
41. “The Impact of Different Types of Regulations on Entrepreneurial Activity and Owner Composition”, H.D. Kaya, Journal of Women’s Entrepreneurship and Education, 2015, Issue 1-2, pp. 27-49.
40. “A Stock Valuation Case: An Application of the “Method of Comparables” for Macy’s Shares”, H.D. Kaya & J.S. Kwok, International Research Journal of Applied Finance, August 2015, 6(8), pp. 1-3.
39. “The short-term and long-term impacts of Sarbanes-Oxley Act on independence and compensation of corporate board of directors”, H.D. Kaya & G. Banerjee, Journal of Global Business Issues, 9(1), pp. 1-9.
38. “Return on Capital and Cost of Capital: How does their Relation Affect Firm Value?”, H.D. Kaya, J.S. Kwok & E.C. Rabe, International Journal of Academic Research in Business and Social Sciences, May 2015, 5(5). pp. 21-30.
37. “The Short-Term and Long-Term Impacts of Sarbanes-Oxley Act on Composition and Characteristics of Corporate Board of Directors”, H.D. Kaya & G. Banerjee, International Journal of Financial Management, 2015, 5(4), pp. 9-17.
36. “Does Sustainability Reporting have Sustenance? A Marketing Ploy or Management Tool”, H.D. Kaya, J.S. Kwok & E.C. Rabe, International Journal of Academic Research in Business and Social Sciences, May 2015, 5(5), pp. 12-20.
35. “Operating Profits, Free Cash Flows, and Firm Value: An Application”, H.D. Kaya, J.S. Kwok & E.C. Rabe, International Research Journal of Applied Finance, January 2015, 6(1), pp. 1-8.
34. “The Reaction of Blockholders to Changes in Market Conditions”, H.D. Kaya & N. Lumpkin, Corporate Ownership and Control, 2014, 12(1), pp. 464-472.
33. “The Effect of Exchange Rates on BRICS Countries’ Exports and GDP”, H.D. Kaya, International Journal of Business and Social Science, December 2014, 5(13), pp. 19-29.
32. “An Examination of China’s Development Factors and Governance Indicators over the 1985-2012 Period”, H.D. Kaya, International Journal of Business and Social Science, October 2014, 5(11), pp. 10-22.
31. “Are Retailers More Sensitive to Changes in Business Conditions Compared to Wholesalers?”, H.D. Kaya, International Journal of Business and Social Science, September 2014, 5(10-1), pp. 1-8.
30. “The Impact of Business Cycles on Trade Firms’ Profitability and Market Valuation Measures”, H.D. Kaya, Journal of Global Business Issues, Spring 2014, 8(1), 45-53.
29. “Impact of Fed’s Monetary Policy Stance on Analyst Coverage-Cum-Revisions : The U.S. Economy in Perspective”, Halil D. Kaya, Journal of Financial Management and Analysis, 2014, 27(1), pp. 64-73.
28. “The Impact of Monetary Policy and Firm Characteristics on Firm’s Short-Term Assets, Liabilities, Term Structure of Debt and Liquidity Ratios: Evidence from U.S. Industrial Firms”, G. Banerjee & Halil D. Kaya, Journal of Accounting, Business and Management, October 2014, 21(2), pp. 23-36.
27. “Expected Future Interest Rates and the Timing of Private Placements”, H.D. Kaya, Quarterly Journal of Finance and Accounting (formerly Quarterly Journal of Business and Economics), Spring-Summer 2014, 51(1-2), pp. 33-68.
26. “The Impact of Leverage on Trade Firms’ Profitability and Liquidity Measures”, Halil D. Kaya, International Journal of Business and Social Science, March 2014, 5(3), pp. 66-70.
25. “Quantifying the Impact of Business Conditions on Firms’ Profitability and Liquidity Measures”, Halil D. Kaya, Fall/Winter 2013, Journal of Business and Economic Perspectives, 39(2), pp. 80-89.
24. “Impact of Monetary Policy and Firm Characteristics on Short-term Financial Management Measures: Evidence from U.S. Industrial Firms”, G. Banerjee & H.D. Kaya, Journal of Financial Management and Analysis, 2013, 26(2), pp. 1-11.
23. “The Characteristics of Hot Market Seasoned Equity Issuers”, Halil D. Kaya, International Journal of Business and Social Science, January 2014, 5(1), pp. 1-4.
22. “The Capital Structure Implications of Hot Market Debt Financing Activities”, Halil D. Kaya, Spring/Summer 2013, Journal of Business and Economic Perspectives, 2013, 39(1), pp. 28-40.
21. “Empirical Study of Market Conditions and IPO’s Public Offerings: U.S. Economy in Perspective”, H.D. Kaya, Journal of Financial Management and Analysis, Jan-Jun 2013, 26(1), pp. 65-74.
20. “The Market Timing Theory of Capital Structure Revisited: Evidence from the SEO Market”, H.D. Kaya, March 2014, International Journal of Economic Perspectives (currently Journal of Economic and Management Perspectives), 8(1) pp. 62-74.
19. “The Impact of Business Conditions on Analyst Coverage, Analyst Recommendations and Revisions”, Engku N. Engkuchik & Halil D. Kaya, International Journal of Economic Perspectives (currently Journal of Economic and Management Perspectives), December 2013, 7(4), pp. 46-62.
18. “The Impact of Business Cycles on Wholesalers’ and Retailers’ Liquidity and Asset Utilization Measures”, Ayse N. Balas & Halil D. Kaya, Journal of Business and Economic Perspectives, April 2013, 39(2), pp. 67-79.
17. “Historical Interest Rates and Debt Market Timing: Evidence from the Private Placement Market”, H.D. Kaya, Investment Management and Financial Innovations, June 2013, 10(2), pp. 114-122.
16. “Do Corporate Borrowers Crowd-Out Each Other in the Bond Markets?”, H.D. Kaya, Investment Management and Financial Innovations, June 2013, 10(2), pp. 35-43.
15. “The Effect of the Business Cycle on Stock Market Analysts’ Purchase Recommendations”, Engku N. Engkuchik & Halil D. Kaya, International Journal of Management, September 2013, 30(3) Part 1, pp. 186-200.
14. “The Long Run Impact of IPO Market Timing on Capital Structure”, H.D. Kaya, Investment Management and Financial Innovations, March 2013. 10(1), pp. 146-154.
13. “Impact of Business Cycles on Retail and Wholesale Firms’ Asset Values, Leverage ratios and Cash Flows: Evidence from U.S. listed firms”, G. Banerjee & H.D. Kaya, Journal of Financial Management and Analysis, Jul-Dec 2012, 25(2), pp. 39-50.
12. “The Impact of Monetary Policy on Analyst Recommendations”, H.D. Kaya, Journal of Business and Economic Perspectives, March 2012, 38(2), pp. 69-80.
11. “The Impact of Business Conditions on Firms’ Debt-Equity Choice”, H.D. Kaya, Investment Management and Financial Innovations, March 2013, 10(1), pp. 20-28.
10. “Market Conditions, Seasoned Equity Offerings, and Capital Structure”, H.D. Kaya, Investment Management and Financial Innovations, December 2012, 9(4), pp. 15-26.
9. “Business Conditions and Firms’ Financing Decisions”, H.D. Kaya, September 2012, International Journal of Business and Social Science, 3(18), pp. 1-7.
8. “Advertising as an Intangible Asset and the Value of a Multinational Corporation”, Ayse N. Balas & Halil D. Kaya, September 2012, International Journal of Management, 29(3) Part 2, pp. 347-354.
7. “Market Timing and Firms’ Financing Choice”, H.D. Kaya, July 2012, International Journal of Business and Social Science, 3(13), pp. 51-59.
6. “The Explanation of Stock Market Returns in the United States: A Test of a Version of the Three-Factor Model”, Engku N. Engkuchik & H.D. Kaya, International Journal of Management, June 2012, 29(2) Part 1, pp. 415-428.
5. “The Impact of the Asian Crisis on Stock Market Liquidity: Evidence from the Malaysian Stock Exchange”, Engku N. Engkuchik & H.D. Kaya, April 2012, International Journal of Business and Social Science, 3(8), pp. 120-127.
4. “The Effect of Firm Characteristics on Choice of Debt Financing”, H.D. Kaya, December 2011, International Journal of Management, 28(4) Part 2, pp. 199-208.
3. “Effects of the Purchase of Insured versus Uninsured Bank Deposits on Acquirer Returns: A Study of the Transactions of Failed United States Banks”, H.D. Kaya, September 2011, International Journal of Management, 28(3) Part 2, pp. 894-908.
2. “Syndicated Bank Loans and Capital Structure”, H.D. Kaya, June 2011, Managerial Finance, 37(8), pp. 697-714.
1. “Market Timing Theory, Public Debt Offerings and Capital Structure”, H.D. Kaya, March 2011, Review of Business and Economics (currently Review of Business and Economic Literature), 56(1), pp. 30-51.
PUBLICATIONS IN THE PROCEEDINGS OF ACADEMIC CONFERENCES
12. “Investing in Tax-Free versus Taxable Bonds”, H.D. Kaya and J.S. Kwok, Proceedings of the 2018 Southwestern Case Research Association Conference, March, 2018.
11. “A Case on Mortgage Loans and Refinancing”, H.D. Kaya and J.S. Kwok, Proceedings of the 2017 Southwestern Case Research Association Conference, March, 2017.
10. “The Impact of the 2008 Global Crisis on Access to Finance”, H.D. Kaya, Proceedings of the International Scientific Conference ECOTREND 2016, November, 2016, pp. 250-253.
9. “The Valuation of a Global Company: An Application”, H.D. Kaya and J.S. Kwok, Proceedings of the 2016 Southwestern Case Research Association Conference, March, 2016.
8. “A Stock Valuation Case: An Application of the “Method of Comparables” for Macy’s shares,” H.D. Kaya and J.S. Kwok, Proceedings of the 2015 Southwestern Case Research Association Conference, March, 2015.
7. “Expected Future Interest Rates and the Timing of Private Placements”, Abstract, H.D. Kaya, Proceedings of the 2012 Academy of Finance Conference, March, 2012.
6. “Interest Rates and the Timing of Initial Public Offerings”, Abstract, H.D. Kaya, Proceedings of the 2012 Academy of Finance Conference, March, 2012.
5. “The Impact of Business Conditions on Debt Financing Choice”, Abstract, H.D. Kaya, Proceedings of the 2012 Academy of Finance Conference, March, 2012.
4. “Hot Market Initial Public and Seasoned Equity Offerings”, Abstract, H.D. Kaya, Proceedings of the 2011 Midwest Finance Association Conference, March 2011.
3. “The Debt Financing Choice of U.S. Firms”, Abstract, H.D. Kaya, Proceedings of the 2011 Academic Business World International Conference, May, 2011.
2. “The Timing of Private Placements and Capital Structure”, Abstract, H.D. Kaya, Proceedings of the 2011 Academic Business World International Conference, May, 2011.
1. “The Impact of Monetary Policy on Portfolio Returns”, Abstract, E. N. Engkuchik & H.D. Kaya, Proceedings of the 2011 Academic Business World International Conference, May, 2011.
PRESENTATIONS AT ACADEMIC CONFERENCES
44. “Corporate Financing Activities across Recessionary and Expansionary Periods”, H.D. Kaya, presented as the Key Note Speaker at the 2020 NSU Undergraduate Research Day, Tahlequah, Oklahoma, April 21, 2020.
43. “Leveraging Social Media in Higher-Ed”, H.D. Kaya, J.S. Kwok, A.M. Whisenhunt, presented at the 2019 ACBSP Region 6 Fall Conference, Oklahoma City, Oklahoma, October 4, 2019.
42. “An Application of STOCKTRAK in Investments: What Common Mistakes do Students Make?”, H.D. Kaya and J.S. Kwok, presented at the 2018 SWFA Conference, Albuquerque, New Mexico, March 8, 2018.
41. “Investing in Tax-Free versus Taxable Bonds”, H.D. Kaya and J.S. Kwok, presented at the 2018 SWCRA Conference, Albuquerque, New Mexico, March 8, 2018.
40. “A Case on Mortgage Loans and Refinancing”, H.D. Kaya and J.S. Kwok, presented at the 2017 SWCRA Conference, Little Rock, Arkansas, March 9, 2017.
39. “Effectiveness of Service-Based Learning: Evidence from School-Based Vita Programs”, H.D. Kaya and J.S. Kwok, presented at the 2017 SWFA Conference, Little Rock, Arkansas, March 8, 2017.
38. “Do Business Conditions Affect High-Leverage and Low-Leverage Trade Firms Equally?”, H.D. Kaya, presented at the 2016 SWFA Conference, Oklahoma City, Oklahoma, March 11, 2016.
37. “The Borrower Characteristics in Hot Equity Markets”, H.D. Kaya, presented at the 2016 SWFA Conference, Oklahoma City, Oklahoma, March 10, 2016.
36. “The Valuation of a Global Company: An Application”, H.D. Kaya and J.S. Kwok, presented at the 2016 SWCRA Conference, Oklahoma City, Oklahoma, March 10, 2016.
35. “The Short-term and Long-term Impacts of Sarbanes-Oxley Act On Director Commitment and Composition of Corporate Board Committees”, G. Banerjee and H.D. Kaya, presented at the 2016 Academy of Economics and Finance Conference, Pensacola Beach, Florida, February 11, 2016.
34. “Business Cycles and Portfolio Composition of Mutual Funds,” Halil Kaya and Julia S. Kwok, presented at the 2015 SWFA Conference, Houston, Texas, March 14, 2015.
33. “A Stock Valuation Case: An Application of the “Method of Comparables” for Macy’s shares,” Halil Kaya and Julia S. Kwok, presented at the 2015 SWCRA Conference, Houston, Texas, March 12, 2015.
32. “The Impact of Monetary Policy and Firm Characteristics on Firm’s Short-Term Assets, Liabilities, Term Structure of Debt and Liquidity Ratios: Evidence from U.S. Industrial Firms”, presented at the 2014 Missouri Economics Conference, University of Missouri-Columbia, Missouri, March 22, 2014 (presented by co-author Gaurango Banerjee from Lindenwood University)
31. “The Capital Structure Implications of Hot Market Debt Financing Activities”, presented at the 2014 Southwest Finance Association Conference, Dallas, Texas, March 13, 2014
30. “The Reaction of Blockholders to the Changes in Market Conditions”, presented at the 2014 Oklahoma Research Day, University of Central Oklahoma, Edmond, Oklahoma, March 7, 2014
29. “Debt Financing Activities in Hot Equity Markets”, presented at the 2014 Oklahoma Research Day, University of Central Oklahoma, Edmond, Oklahoma, March 7, 2014
28. “The Capital Structure Implications of Hot Market Debt Financing Activities”, presented at the 2013 Kentucky Economic Association Conference, Frankfort, Kentucky, October 11, 2013
27. “The Impact of Business Cycles on Retail and Wholesale Firms’ Asset Values, Leverage ratios and Cash Flows: Evidence from U.S. listed firms”, presented at the 2012 Kentucky Economic Association Conference, Georgetown, Kentucky, October 26, 2012 (received the “Best Paper of the Conference” Award).
26. “The Impact of Business Conditions on Analyst Coverage, Analyst Recommendations and Revisions”, presented at the 2012 Kentucky Economic Association Conference, Georgetown, Kentucky, October 26, 2012.
25. “The Impact of Business Conditions on Firms’ Debt-Equity Choice”, presented at the 2012 R.I.S.E. Forum at University of Dayton, Dayton, Ohio, March 31, 2012.
24. “Interest Rates and the Timing of Initial Public Offerings”, presented at the 2012 Academy of Finance Conference, Chicago, Illinois, March 30, 2012.
23. “The Impact of Business Conditions on Debt Financing Choice”, presented at the 2012 Academy of Finance Conference, Chicago, Illinois, March 30, 2012.
22. “Expected Future Interest Rates and the Timing of Private Placements”, presented at the 2012 Academy of Finance Conference, Chicago, Illinois, March 30, 2012.
21. “The Impact of Business Conditions on Firms’ Debt-Equity Choice”, presented at the 2012 Academy of Economics and Finance Conference, Charleston, South Carolina, February 10, 2012.
20. “Market Conditions, Seasoned Equity Offerings and Capital Structure”, presented at the 2012 Academy of Economics and Finance Conference, Charleston, South Carolina, February 10, 2012.
19. “The Explanation of Stock Market Returns in the United States – A Test of a Version of the Three-Factor Model”, presented at the 2012 Academy of Economics and Finance Conference, Charleston, South Carolina, February 9, 2012.
18. “Expected Future Interest Rates and the Timing of Private Placements”, presented at the 2011 Kentucky Economic Association Conference, Frankfort, Kentucky, October 28, 2011.
17. “Market Conditions, Seasoned Equity Offerings and Capital Structure”, presented at the 2011 Kentucky Economic Association Conference, Frankfort, Kentucky, October 28, 2011.
16. “The Debt Financing Choice of U.S. Firms”, presented at the 2011 Academic Business World International Conference, Nashville, Tennessee, May 27, 2011.
15. “The Timing of Private Placements and Capital Structure”, presented at the 2011 Academic Business World International Conference, Nashville, Tennessee, May 27, 2011.
14. “The Impact of Monetary Policy on Portfolio Returns”, presented at the 2011 Academic Business World International Conference, Nashville, Tennessee, May 27, 2011.
13. “The Impact of Market Conditions on Public Debt Offerings”, presented at the 2011 Eastern Finance Association Conference, Savannah, Georgia, April 15, 2011.
12. “Failed Bank Transactions and Acquirer Returns”, presented at the 2011 Eastern Finance Association Conference, Savannah, Georgia, April 15, 2011.
11. “Do market timers have higher leverage ratios in the long-run?”, presented at the 2011 Eastern Finance Association Conference, Savannah, Georgia, April 15, 2011.
10. “The Timing of Private Placements and Capital Structure”, presented at the 2011 R.I.S.E. Forum at University of Dayton, Dayton, Ohio, April 2, 2011.
9. “Hot Market Initial Public and Seasoned Equity Offerings”, presented at the 2011 Midwest Finance Association Conference, Chicago, Illinois, March 3, 2011.
8. “The Determinants of a Firm’s Choice between Equity Financing and Debt Financing”, presented at the 2010 Southern Finance Association Conference, Asheville, North Carolina, November 19, 2010.
7. “The Timing of Public Debt, Private Placement, and Syndicated Bank Loan Offerings, and Its Impact on Capital Structure”, presented at the 2010 Southern Finance Association Conference, Asheville, North Carolina, November 19, 2010.
6. “Failed Bank Transactions and Acquirer Returns”, presented at the 2010 Kentucky Economic Association Conference, Frankfort, Kentucky, September 24, 2010.
5. “Syndicated Bank Loans and Capital Structure”, presented at the 2010 Kentucky Economic Association Conference, Frankfort, Kentucky, September 24, 2010.
4. “Debt Market Timing and Capital Structure”, presented at the 2010 Academy of Economics and Finance Conference, Houston, Texas, February 12, 2010 (received the “Best Paper in Finance” Award).
3. “Market Conditions, Security Offerings, and Capital Structure”, presented at the 2010 Academy of Economics and Finance Conference, Houston, Texas, February 12, 2010.
2. “The Impact of Equity Market Timing on Capital Structure”, presented at the 2010 Academy of Economics and Finance Conference, Houston, Texas, February 12, 2010.
1. “A Broader Test of Market Timing Theory of Capital Structure”, presented at the 2006 Southern Finance Association Conference, Destin, Florida, November, 2006.
OTHER PRESENTATIONS
“Corporate Financing Activities across Recessionary and Expansionary Periods”, Northeastern State University College of Business and Technology Research Seminar, April 16, 2020.
“Expected Future Interest Rates and the Timing of Private Placements”, Northeastern State University College of Business and Technology Research Seminar, November 13, 2014.
“Debt Market Timing and Capital Structure”, Kansas State University Department of Finance Seminar, November 2007.
EDITORIAL AND REVIEW ACTIVITIES
Applied Economics, Ad Hoc Referee, 1 paper, May 2011 – present
Financial Review, Ad Hoc Referee, 1 paper, June 2011 – present
Applied Financial Economics, Ad Hoc Referee, 2 papers, April 2011 – present
Journal of Economics and Finance, Ad Hoc Referee, 4 papers, October 2010 – present
Managerial Finance, Ad Hoc Referee, 1 paper, March 2013 – present
Journal of Business and Economic Perspectives, Ad Hoc Referee, July 2016 – present
Economia Internazionale/International Economics, Ad Hoc Referee, 1 paper, October 2019 – present
Journal of the Academic Forum, Editorial Reviewer, 2 papers, November 2011 – present
Journal of Economics and International Finance, Ad Hoc Referee, 1 paper, February 2012 – present
Journal of Managerial Issues, Ad Hoc Referee, February 2010 – present
International Journal of Bonds and Currency Derivatives, Editorial Board Member, February 2013 – February 2014
Journal of Management Research, Editorial Board Member, June 2018 – present
Journal of Women’s Entrepreneurship and Education, Editorial Board Member, January 2018 – present
International Journal of Academic Research in Business and Social Sciences, Editorial Board Member, December 2014 – present
Eastern Kentucky University Focus on Scholarship Webcast Series, EKU Library, Referee and Program Committee Member, September 2010 – August 2011
HONORS, AWARDS AND GRANTS RECEIVED
Received the “Best Paper of the Conference” Award at the 2012 Kentucky Economic Association Conference in Georgetown, Kentucky on October 26, 2012 for the paper titled “The Impact of Business Cycles on Retail and Wholesale Firms’ Asset Values, Leverage ratios and Cash Flows: Evidence from U.S. listed firms”.
Received the “Best Paper in Finance” Award at the 2010 Academy of Economics and Finance Conference in Houston, Texas on February 12, 2010 for the paper titled “Debt Market Timing and Capital Structure”
GAILEY Fellowship ($10,000) at Northeastern State University for the proposal titled “Corporate Financing Activities Across Recessionary and Expansionary Periods”, March 31, 2018.
CURRENT AND PAST PROFESSIONAL AFFILIATIONS
Financial Management Association
Eastern Finance Association
Midwest Finance Association
Southern Finance Association
Southwestern Finance Association