Özgür Arslan-Ayaydin Ph.D.



Clinical Assistant Professor of Finance
Location: University of Illinois at Chicago,
               Department of Finance,
               2416 University Hall,
               601 S. Morgan St.,
               Chicago, IL, 60607
Phone:    312-355-0886
E-mail:    orslan@uic.edu

View CV

Education:
Ph.D. Hacettepe University, Turkey.
(Visiting PhD Student) University of York, UK.
MBA in Finance, University of Leicester, UK.
B.Sc. in Economics, Hacettepe University, Turkey.

Teaching Interests:
International Financial Markets; International Finance; Investments; Corporate Finance.

Research Interests:
(Jel Classifications are in parentheses) Financial Policy, Capital and Ownership Structure (G32), Capital Budgeting; Investment Policy (G31), Corporate Governance (G34), Corporate Payout Policy (G35), International Financial Markets (G15).

Honors / Awards

• May 2007, March 2008, April 2009, Erasmus-Socrates Programme (European Council), teaching various Finance courses in German, Finnish and Polish universities.
• August 2005 - October 2006, Jean Monnet Scholarship (European Council), leading to the award of full-time visiting Ph.D. studentship in University of York, UK, Department of Economics.
• August 2005 - October 2006, Hacettepe University Senate Fellowship, leading to the award of full-time visiting Ph.D. studentship in University of York, UK, Department of Economics.
• July 2005, Turkish Academy of Sciences (TUBA), participation support to the Multinational Finance Society, Annual Meeting in Athens, Greece.

• Associate Professor of Finance in Hacettepe University, Turkey.
• External Evaluator and Rapporteur of Marie Curie - FP7 Research Projects to European Commission in Brussels, Belgium.

• (2013) "Financial Flexibility, Corporate Investment and Performance: Evidence from Financial Crisis" , Review of Quantitative Finance and Accounting, Forthcoming (with Florackis, C. and Ozkan, A.)
• (2012) "Dynamics of Crude oil Spot and Futures Markets" in Energy Economics and Financial Markets, Vol:2, edited by Dorsman, A. and Simpson, J., Springer: New York. (with Khagleeva, I.), Forthcoming.
• (2012) "Quality in the Financial Sector from the Perspective of Consumer Credits", Total Quality Management and Business Excellence, Forthcoming, (with Karan, M.B. and Kucuktalasli,O.).
• (2010) "Consumer Credit Risk Characteristics: Understanding Income and Expense Differentials", Emerging Markets Finance and Trade, 1 (46), 65-82 (with Karan, M.B.).
• (2009) "Credit Risks and Internationalization of SMEs", Journal of Business, Economics and Management, 4 (10), 361-368 (with Karan, M.B.).
• (2006) "The Role of Cash Holdings on Investment-Cash Flow Sensitivity: Evidence from a Financial Crisis Period in an Emerging Market", Emerging Markets Review, 7 (4), 320-338. (with Florackis, C. and Ozkan, A.).
• (2006) "Ownership and Control as Determinants of Corporate Debt Maturity: A Panel Study of an Emerging Market", Journal of Corporate Governance: An International Review, 14 (4), 312-324 (with Karan, M.B.).

• (2012) "Forecast of Geopolitical Market Concentration (GMC) risk of Turkey's Crude Oil Diversification Portfolio" (with Khagleeva, I.).
• (2012) "How is Moral Hazard Related to R&D and Innovations?" (with Barnum, D; Karan, M.B. and Ozdemir, H.)