AYŞE BELMA ÖZTÜRKKAL

Professor AYŞE BELMA ÖZTÜRKKAL

A BLOK 1. KAT 244

+90 (212) 5336532 - 1603

CV

Education

Doctorate

MARMARA UNIVERSITY
Business Administration

Master's Degree

UNIVERSITY OF MIAMI
MBA with concentration in Finance

Bachelor's Degree

Bogazici University
Mechanical Engineering

Research Areas

  • Finance
  • Behavioral Finance
  • ESG
  • Corporate Finance
  • Venture Capital and Fintechs

Work Experience

2023 / Continuing Kadir Has University
Professor, Department of International Trade and Finance, Faculty of Economics, Administrative and Social Sciences

2025 / 2026 NOVA School of Business&Economics, Lisbon
Visiting Professor

2019 / 2019 The Graduate Institute, Geneva
Visiting Fellow, Centre for Finance and Development

2016 / 2023 Kadir Has University
Associate Professor, Department of International Trade and Finance, Faculty of Economics, Administrative and Social Sciences

2011 / 2016 Kadir Has University
Assistant Professor, Department of International Trade and Finance, Faculty of Economics, Administrative and Social Sciences

2010 / 2010 Sabancı University
Adjunct Professor, Department of Finance, Faculty of Management

2008 / 2009 University of Texas at Dallas
Adjunct Professor and Post Doctorate, Department of Finance, Faculty of Management

2006 / 2008 Koc University
Adjunct Professor, Department of Finance, College of Administrative Sciences and Economics

2003 / 2005 Istanbul Teknik Üniversitesi (ITU)
Adjunct Professor, Department of Management Engineering, Faculty of Management

2000 / 2006 Koç Invest
General Manager

1999 / 2000 HSBC Invest and Securities
General Manager

Administrative Duties

Görev Adı Görev Yeri Başlangıç tarihi Bitiş Tarihi
Department of Administrative Sciences Head School of Graduate Studies 27.08.2024 01.09.2025
Vice Dean Faculty of Economics, Administrative and Social Sciences 30.06.2021 01.02.2023

Publications

  • Hudec, Miroslav; Molnár, Bálint; Pisoni, Galena; Vučetić, Miljan; Barčáková, Nina; Będowska-Sójka, Barbara; Öztürkkal, Belma; Perri Shkurti, Rezarta; Kristín Skaftadóttir, Hanna; Iannario, Maria (2026), "The synergy of statistical and fuzzy logic approaches in mining patterns from the peer-to-peer lending data", Expert Systems with Applications, Vol.297, DOI: 10.1016/j.eswa.2025.129308
  • Ozturkkal, Belma (2025), "Social Finance in Developed Markets: Successes and Failures", Palgrave Handbook of Social Finance,
  • Sutiene, Kristina; Schwendner, Peter; Sipos, Ciprian; Lorenzo, Luis; Mirchev, Miroslav; Lameski, Petre; Kabasinskas, Audrius; Tidjani, Chemseddine; Ozturkkal, Belma; Cerneviciene, Jurgita (2024), "Enhancing portfolio management using artificial intelligence: literature review", Frontiers in Artificial Intelligence, Vol.7, DOI: 10.3389/frai.2024.1371502
  • Ozturkkal, Belma; Wahlstrøm, Ranik Raaen (2024), "Explaining Mortgage Defaults Using SHAP and LASSO", Computational Economics, DOI: 10.1007/s10614-024-10763-6
  • Bedowska-Sójka, B. ; Tarantola, C.; Mare, C.; Paccagnini, A.; Öztürkkal, B.; Pisoni, G. ; Shala, A.; Perri, R.; Skaftadótti, H. K. (2024), "Editorial Boards of Finance Journals: The Gender Gap and Social Networks. ", Journal of Business Ethics, 1-19 DOI: https://doi.org/10.1007/s10551-024-05830-9
  • Bedowska-Sójka, Barbara; Tarantola, Claudia; Mare, Codruta; Paccagnini, Alessia; Öztürkkal, Belma; Pisoni, Galena; Shala, Albulena; Perri, Rezarta; Skaftadótti, Hanna Kristín (2024), "Editorial Boards of Finance Journals: The Gender Gap and Social Networks", Journal of Business Ethics, DOI: 10.1007/s10551-024-05830-9
  • Bilyay-Erdogan, Seda; Öztürkkal, Belma (2023), "The Role of Environmental, Social, Governance (ESG) Practices and Ownership on Firm Performance in Emerging Markets", Emerging Markets Finance and Trade, DOI: 10.1080/1540496X.2023.2223930
  • Tanyeri, Başak; Öztürkkal, Belma; Tırtıroğlu, Doğan (2022), "Turkish IPOs in a changing regulatory and economic environment", Borsa Istanbul Review, Vol.22, No.2, 332-340 DOI: 10.1016/j.bir.2021.06.006
  • Yildirim, Canan; Öztürkkal, Belma (2022), "Regional Expansion of Emerging Market Banks: Evidence from the Middle East", Journal of East-West Business, Vol.28, No.1, 30-60 DOI: 10.1080/10669868.2021.1982103
  • Cevik, Serhan; Öztürkkal, Belma (2021), "Contagion of fear: Is the impact of COVID-19 on sovereign risk really indiscriminate?", International Finance, Vol.24, No.2, 134-154 DOI: 10.1111/infi.12397
  • Öztürkkal, Belma; Togan-Eğrican, Aslı (2020), "Art investment: hedging or safe haven through financial crises", Journal of Cultural Economics, Vol.44, No.3, 481-529 DOI: 10.1007/s10824-019-09371-2
  • Gavriilidis, Konstantinos; Kallinterakis, Vasileios; Öztürkkal, Belma (2020), "Does mood affect institutional herding?", Journal of Behavioral and Experimental Finance, Vol.26, DOI: 10.1016/j.jbef.2020.100290
  • Kiymaza, Halil; Öztürkkal, Belma (2019), "Perceived Financial Needs, Income Sources, and Subjective Financial Well-Being in an Emerging Market", Journal of Financial Counseling and Planning, Vol.30, No.2, 191-201 DOI: 10.1891/1052-3073.30.2.191
  • Davutyan, Nurhan; Öztürkkal, Belma (2017), "Choice of finance in an emerging market: The impact of independent decisions, politics and religion", Microfinance for Entrepreneurial Development: Sustainability and Inclusion in Emerging Markets,
  • Kiymaz, Halil; Öztürkkal, Belma; Akkemik, K. Ali (2016), "Behavioral biases of finance professionals: Turkish evidence", Journal of Behavioral and Experimental Finance, Vol.12, 101-111 DOI: 10.1016/j.jbef.2016.10.001
  • Davutyan, Nurhan; Öztürkkal, Belma (2016), "Determinants of Saving-Borrowing Decisions and Financial Inclusion in a High Middle Income Country: The Turkish Case", Emerging Markets Finance and Trade, Vol.52, No.11, 2512-2529 DOI: 10.1080/1540496X.2016.1187596
  • Ozturkkal, Belma (2015), "Profit sharing between managers and investors: An experimental investigation", Borsa Istanbul Review, Vol.15, No.2, 106-114 DOI: 10.1016/j.bir.2015.02.002
  • Fuertes, Ana Maria; Muradoglu, Gulnur; Ozturkkal, Belma (2014), "A behavioral analysis of investor diversification", European Journal of Finance, Vol.20, No.6, 499-523 DOI: 10.1080/1351847X.2012.719829

Projects

Project Name Role in the Project Project Type Fund Establishment Project Date
genESG: Gamified Education for Environmental, Social, and Governance Awareness in Higher Education Proje Ortağı Erasmus+ EU 01.09.2026
31.08.2028
CA19130 - Fintech and Artificial Intelligence in Finance - Towards a transparent financial industry Management Committee Member-Turkey, Member of Working Group 2 and 3 Dış Kaynaklı-Avrupa Birliği COST 14.09.2020
13.09.2024
TV Dizileri: Karşılaştırmalı Perspektif - Jeopolitikadan Jeokritiğe: Sırbistan ve Türkiye Araştırmacı Ulusal Proje TÜBİTAK UİDB 01.09.2021
01.09.2023