"Financial Management from an Emerging Market Perspective" ed. by Guray Kucukkocaoglu and Soner Gokten

The book shows the main differences of financial theory and practice in emerging markets other than the developed ones. The purpose of this book is to provide practitioners and academicians with a working knowledge of the different financial management applications and their use in an emerging market setting.

Our many years of learning, teaching, and consulting experience have taught us that the theory of finance differs in developed and emerging markets. It is a well-known fact that emerging markets do not always share the same financial management problems with the developed ones. This book intends to show these differences, which could be traced to several characteristics unique to emerging markets, and these unique characteristics could generate a different view of finance theory in a different manner. As a consequence, different financial decisions, arrangements, institutions, and practices may evolve in emerging markets over time.

Six main topics regarding the financial management applications in emerging markets are covered, and the context of these topics are "Capital Structure," "Market Efficiency and Market Models," "Merger and Acquisitions and Corporate Governance," "Working Capital Management," "Financial Economics and Digital Currency," and "Real Estate and Health Finance."

Chapter 1 Ownership and Debt Financing: Indonesia Evidence by Razali Haron
Chapter 2 Review of Tax Shield Valuation and Its Application to Emerging Markets Finance by Tomas Kliestik and Lucia Michalkova
Chapter 3 Testing the Information Efficiency in Emerging Markets by Ceyda Aktan, Eyyup Ensari Sahin and Ilhan Kucukkaplan
Chapter 4 Comparison of CAPM, Three-Factor Fama-French Model and Five-Factor Fama-French Model for the Turkish Stock Market by Yaşar Erdinç
Chapter 5 Comparison of Selected Market Indicators During the Dot-Com Bubble by Wladimir Schubert, Beáta Gavurová, Viliam Kováč and Martin Užík
Chapter 6 Modeling Default Probability via Structural Models of Credit Risk in Context of Emerging Markets by Maria Kovacova and Boris Kollar
Chapter 7 A Comparative Abnormal Return Analysis of Mergers and Acquisitions in the Emerging Markets by İrem Sevindik and Fazıl Gökgöz
Chapter 8 Corporate Governance and Financial Performance in the Emerging Markets: Do ADRs Perform any Better than Non-Cross-Listed Firms? by Naz Sayari and Bill Marcum
Chapter 9 Financing of Working Capital Requirement and Profitability: Evidence from Borsa Istanbul Chemical, Petroleum, Rubber, and Plastic Sector by Burcu Dinçergök
Chapter 10 The Effects of Working Capital Management on Mining Firm’s Profitability: Empirical Evidence from an Emerging Market by Mutlu Başaran Öztürk and Gizem Vergili
Chapter 11 The Effect of Working Capital Management on Profitability in Emerging Countries: Evidence from Turkey by Samet Evci and Nazan Şak
Chapter 12 The Impact of Exchange Rate Uncertainty on Domestic Investment: Panel Evidence from Emerging Markets and Developing Economies by Bilge Canbaloglu and Gozde Gurgun
Chapter 13 Effects of Inflation Uncertainty on Economic Policies: Inflation-Targeting Regime by Mehmet Kenan Terzioğlu
Chapter 14 The Economics of Foreign Exchange in Emerging Markets by Okyay Ucan and Nizamettin Basaran
Chapter 15 Bitcoin and the World of Digital Currencies by Asma Salman and Muthanna G. Abdul Razzaq
Chapter 16 Performance Stability of Turkish REITs by Sema Bayraktar
Chapter 17 Analysis of Financial Losses due to Poor Adherence of Patients with Chronic Diseases and Their Impact on Health Economics by Adina Turcu-Stiolica, Mihaela-Simona Subtirelu, Adriana-Elena Taerel, Anamaria Boboia and Anca Berbecaru-Iovan