The Existence of Debt Market Timing and Determinants of the Existence of Debt Market Timing: Evidence from Turkiye

dc.contributor.authorIrmak, F
dc.contributor.authorKonak, F
dc.date.accessioned2026-03-31T13:21:01Z
dc.date.available2026-03-31T13:21:01Z
dc.date.issued2025
dc.description.abstractThe study aims to identify the existence and determinants of debt market timing in Turkiye. As a result of the analysis, debt market timing is identified. The analysis to identify the factors affecting the existence of market timing reveals that interest rates, inflation, ownership and board structure are the determinants of the existence of market timing. The results are among the rare studies that identify the impact of ownership and governance structure on debt market timing. The findings are particularly novel for Turkiye. Our findings suggest that firms can take advantage of borrowing opportunities at appropriate times by carefully monitoring economic conditions. Investors, on the other hand, are provided with empirical information to make informed investment decisions by not ignoring the possibility that firms may have timed the market and issued debt.
dc.identifier.doi10.17153/oguiibf.1583817
dc.identifier.issn1306-6730
dc.identifier.issue3
dc.identifier.urihttp://dx.doi.org/10.17153/oguiibf.1583817
dc.identifier.urihttps://hdl.handle.net/11491/9469
dc.identifier.volume20
dc.identifier.wosWOS:001632755400007
dc.language.isoen
dc.publisherESKISEHIR OSMANGAZI UNIV, FAC EDUCATION
dc.relation.ispartofESKISEH OSMAN UNIV I
dc.subjectDebt Market Timing
dc.subjectOwnership Structure
dc.subjectBoard Structure
dc.subjectMotivation to Spend Money
dc.titleThe Existence of Debt Market Timing and Determinants of the Existence of Debt Market Timing: Evidence from Turkiye
dc.typeArticle

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