https://www.um.edu.mt/library/oar/handle/123456789/67722 2026-04-05T01:11:34Z 2026-04-05T01:11:34Z https://www.um.edu.mt/library/oar/handle/123456789/67921 2021-01-27T08:22:39Z 2018-01-01T00:00:00Z

Title: Journal of Corporate Governance, Insurance and Risk Management : volume 5 : issue 2 Editors: Todorović, Igor; Grima, Simon; Özen, Ercan; Tipurić, Darko Abstract: 1/ Metin Tetik - Forecasting of gold prices volatility with symmetric and asymmetric volatility models; 2/ Nurgül Emine Barin - The interpretation principle in favour of the employee in the Turkish individual labour law; 3/ Huriye Gonca Diler - Do the developments in telecommunication leads to the Solow paradox on economic growth in Turkey?; 4/ Denise Azzopardi, Andre Farrugia, Simon Grima, Peter J. Baldacchino - Implications of the bank recovery and resolution directive on non-core banks and investment firms in Malta; 5/ Mesut Atasever, Semiye Çürük - The use of strategic policy statements on the basis of concepts, an evaluation in logistics businesses; 6/ Adalet Hazar, M. Oguz Koksal - Analysis of changes in financial items of the Turkish banking sector with VAR model

2018-01-01T00:00:00Z Tetik, Metin https://www.um.edu.mt/library/oar/handle/123456789/67918 2021-01-27T07:23:36Z 2018-01-01T00:00:00Z

Title: Forecasting of gold prices volatility with symmetric and asymmetric volatility models Authors: Tetik, Metin Abstract: With this paper the author forecasts the out-of-sample volatility of gold price changes in Turkey. Looking at the both the symmetric and the asymmetric evaluation criteria, GJR-GARCH model isthe best fitted model for forecasting gold price volatility in Turkey. The GJR-GARCH model findings reveal a negative shock asymmetry for gold prices. Thus, it shows that positive news in the market affects the volatility of gold prices in the next period more than negative news.

2018-01-01T00:00:00Z Barin, Nurgul Emine https://www.um.edu.mt/library/oar/handle/123456789/67917 2021-01-27T07:21:48Z 2018-01-01T00:00:00Z

Title: The interpretation principle in favour of the employee in the Turkish individual labour law Authors: Barin, Nurgul Emine Abstract: The application of the law in terms of meaning is called interpretation. If there is doubt or conflict in determining the meaning of a legal rule or contract, or if there is a gap in the law, interpretation becomes inevitable. There are many methods of interpretation in general law. However, based on the principle of protecting the employee in labour law, the principle of "interpretation in favor of the employee ", which is a special form of interpretation, has emerged. In the study, the place and application of this method in individual labour law are discussed. While examining the principle of "interpretation in favor of the employee" examples from relevant judicial decisions are given. It is understood that the principle of interpretation in favor of the employee has turned into a settled form of interpretation with judicial decisions in labor law. In the study, it was revealed that there are factors and boundaries that should be considered while applying this interpretation method. Conclusions: As a result of the study, it is understood that the principle of interpretation in favor of the employee, which emerged as a result of the obligation to protect the employee who is weak against the employer, is widely applied in the courts. But, making decisions that disrupt the delicate balance between the employee and the employer by completely ignoring the general principles of the law will prevent the realization of the purpose expected from this method of interpretation. In the article, the factors that should be taken into consideration while applying the principle of "interpretation in favor of the employee" are also examined.

2018-01-01T00:00:00Z Diler, Huriye Gonca https://www.um.edu.mt/library/oar/handle/123456789/67834 2021-01-26T10:05:56Z 2018-01-01T00:00:00Z

Title: Do the developments in telecommunication leads to the Solow paradox on economic growth in Turkey? Authors: Diler, Huriye Gonca Abstract: Telecommunications infrastructure is critical not only for domestic growth, but also for combining credit with international commodity and financial markets, such as the smooth flow of foreign investment, facilitating the positive value of net exports, and increasing the added value in the economy's GDP. In this study, fixed telephone lines in the period since the Republic of Turkey, is to investigate whether mobile phone and affect the economic growth of the telecommunications sector showing growth in internet connection. In our study, the penetration rate represents the development of telecommunications industry. Penetration rate is defined as the number of fixed line and mobile phone subscribers per 100 people. In order to measure the penetration rate in Turkey, we have used the ratio of the total number of fixed line, mobile subscribers and internet users to the population, taking into account the dates when mobile communication and the internet started. Economic growth is represented as the rate of change to Gross Domestic Product. The data used in this study cover an annual period 1935-2017. After investigating the stationarity of the series of variables, a causal relationship between the Toda-Yamamoto causality test and the penetration rate and GDP change rate series was examined. The findings of the analysis, the development of telecommunications in Turkey revealed that does not affect economic growth. According to this result, the Solow paradox is valid in the period examined in Turkey.

2018-01-01T00:00:00Z