Here is a listing of my published and unpublished research papers (articles, presentation papers, and completed working papers) classified by subject. For a reverse-chronological list categorized by dissemination outlets, please see the Vita in the "Personal" section of this web site. For currently ongoing research, please see the Work in Progress page.

Select the links below to download the most recent version of the papers...

Emerging Markets:

"The Role of Size and Book-to-market Ratio as Proxies for Fundamentals and as Determinants of Returns in the Istanbul Stock Exchange." Working Paper No. 2000/04, Koç University, Istanbul, Turkey. June 2000. Co-author: Türkan Önder.
   Please first review the SSRN Extented Description of paper. (Paper is downloadable in PDF format from this SSRN page.)

Also presented at the annual meeting of the European Financial Management Association (EFMA) in Athens, Greece.

Troubled Debt Restructuring:

"The Effect of Size, Book-to-Market Ratio, and Prior Distress Information on the Excess Returns to Debt Restructuring Firms." Working Paper No. 2000/05, Koç University, Istanbul, Turkey. May 2000.
   Please first review the SSRN Extented Description of paper. (Paper is downloadable in PDF format from this SSRN page.)

Earlier versions of this paper were presented at the annual national meeting of the American Accounting Association in Chicago and at the annual meeting of the European Financial Management Association in Istanbul.

"Economic Benefits, Informativeness and Value-Relevance of Troubled Debt Restructurings: Some Evidence and Policy Implications." Presented at the annual national meeting of the American Accounting Association, Philadelphia, Pennsylvania, August 2000. Working Paper No. 2000/09, Koç University, Istanbul, Turkey. September 2000. Co-author: Celal Aksu.

Employee Stock Options:

An Analysis and Value Relevance of Stock-Based Compensation Costs. Paper presented at the annual meeting of the European Financial Management Association (EFMA) held in Lugano, Switzerland, June 2001. Co-author: Steven Balsam.

Corporate Governance: