Hakan Yıldırım

Prof. Hakan Yıldırım

orcid

Research Focus & Metrics

Academic Career Length

4Years (2023-Present)

(Calculated once Scilit publication data is synced: current year − year of first publication + 1)

Representative Publications

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23 June 2024 in Politik Ekonomik Kuram
Verified
Journal Article
Open access
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Hakan YıldırımHakan Yıldırım
Hakan Yıldırım
The factoring sector, which plays a key role in the sustainability of cash flows for businesses, particularly small and medium-sized enterprises (SMEs), offers a range of financial services, most notably the conversion of receivables into cash before their due dates. Today, this sector is regarded as one of the most significant components of the non-bank financial segment. Thus, the condition and performance of the factoring industry are crucial for the sector's future and the overall functioning of the financial system. The purpose of this study; to evaluate the general situation of the factoring sector in Türkiye, its position within the global factoring sector, and the financial performance of companies operating in this sector. In line with this objective, initially, a general assessment of the sector's overall situation was made based on cumulative data related to the sector. Subsequently, the financial performance of companies operating in the sector was evaluated for the 2021-2022 period using six criteria identified for examination, weighted both through the equal weighting method and the CRITIC method, and assessed using the MAIRCA and MABAC methods. According to the analyses conducted, the rankings of financial performance remain unchanged using the MABAC and MAIRCA methods. However, when the criteria weighting method varies, partial changes in the rankings of factoring companies' performance occur.

8 June 2023 in Ardahan Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi
Verified
Journal Article
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Hakan YıldırımHakan Yıldırım
Hakan Yıldırım
BYBahri Ozan Yaman
Bahri Ozan Yaman
Sürdürülebilirlik, diğer alanlarda olduğu gibi finans alanında da son yıllarda en çok tartışılan konulardan biri konumundadır. 1987 yılında yayımlanan Ortak Geleceğimiz adlı rapor ile bir politika konusu haline gelen sürdürülebilirlik, bugün küresel düzeyde dünya kamuoyunun birincil gündemleri arasında yer almaktadır. Finansal sistem ise sürdürülebilir kalkınma dinamiğinde çok önemli roller üstlenmektedir. Bu bağlamda finansal sektörün sürdürülebilirlik performansının araştırılması önem kazanmaktadır. Bu doğrultuda çalışmanın amacı, 2018-2022 döneminde Türkiye’de faaliyet gösteren bankaların sürdürülebilirlik performanslarının araştırılmasıdır. Bu doğrultuda Entropi, Additive Ratio Assessment (ARAS) ve Technique for Order Preference by Similarity to an Ideal Solution (TOPSIS) yöntemleri ile analizler yapılmıştır. Yapılan analizler neticesinde, bankaların sürdürülebilirlik performanslarının yıllar itibarıyla ve analiz yöntemine bağlı olarak değiştiği tespit edilmiştir.

11 June 2025 in Sustainability
Verified
Journal Article
Open access
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Hakan YıldırımHakan Yıldırım
Hakan Yıldırım
MAGDALENA RADULESCUMAGDALENA RADULESCU
MAGDALENA RADULESCU
ALAnıl Lögün
Anıl Lögün
TOTuba Ozkan
Tuba Ozkan
Mesut DoğanMesut Doğan
Mesut Doğan
Greenhouse gas emissions are a major driver of global climate change, prompting increasing attention to the role of financial systems in supporting environmental sustainability. In this context, understanding how financial development influences emissions in emerging economies has become critically important. According to the findings of the long-term estimation, financial development has a direct negative impact on total greenhouse gas emissions and carbon dioxide emissions. Meanwhile, economic growth, trade openness, and population growth exert positive effects on these emissions. Although financial development negatively influences emissions, its interaction with economic growth and population dynamics is complex and may indirectly affect emissions through these factors. In addition, the error correction coefficient found for each country is negative and significant. The panel causality results indicate a unidirectional causal relationship between economic growth and total greenhouse gas emissions and carbon dioxide emissions. These findings are important for governments developing environmental policies, as they show how financial development can improve environmental impacts and help create sustainability-focused policies.

30 July 2024 in Sosyoekonomi
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Journal Article
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CYCihan Yılmaz
Cihan Yılmaz
Hakan YıldırımHakan Yıldırım
Hakan Yıldırım
This study investigates the impact of digitalisation in financial inclusion on the financial performance of deposit banks operating in Türkiye between 2010 and 2021. The study's dependent variables are the financial performance indicators, namely the return on assets (ROA) and return on equity (ROE). The number of ATMs and data related to Internet banking are explanatory variables, while asset size, equity ratio, and economic growth are control variables. The analyses conducted using the Two-Step System GMM method reveal that the lagged values of profitability indicators, the number of internet banking customers, financial transactions made through internet banking, equity ratio, asset size, and economic growth have a positive effect on profitability, while the number of ATMs has a negative impact.

18 January 2024 in Mehmet Akif Ersoy Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi
Verified
Journal Article
Open access
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Hakan YıldırımHakan Yıldırım
Hakan Yıldırım
MKMehmet Emin Karabayır
Mehmet Emin Karabayır
One of the primary objectives of financial managers is to ensure the optimal capital structure that maximizes firm value. Since the early 1950s, many theories have been developed to explain the optimal capital structure. However, due to the variable nature of the capital structure, no consensus has yet been reached on the optimal capital structure allocation. This situation makes the capital structure issue one of the most intensely debated topics in the finance literature. Accordingly, this study investigates the endogenous and exogenous factors affecting the capital structure of firms traded on Borsa İstanbul (BIST) from 2005 to 2020 using Dynamic Panel Regression Analysis. The dependent variable of the study is the financial leverage ratio. Return on assets, firm size, asset structure, growth opportunities, liquidity ratio, non-debt tax shield, GDP growth, inflation rate, interest rate, and stock market development were chosen as independent variables. As a result of the analysis, it was observed that the lagged value of financial leverage, size, growth opportunities, GDP growth, and inflation have a positive effect on financial leverage. On the other hand, the effect of profitability, asset structure, liquidity ratio, and stock market development on financial leverage was observed as negative. When the findings are evaluated together, it is seen that the Pecking Order Theory is the best theory to explain the capital structure behavior of the firms traded at BIST in the 2005-2020 period..