Exploring the Effect of Foreign Currency Volatility on Foreign Capital: The Case of Turkey?

14 Pages Posted: 22 Feb 2014 Last revised: 18 Sep 2015

See all articles by Cenap Ilter

Cenap Ilter

California State University

Date Written: September 1, 2008

Abstract

In this paper, the author initially determines the reasons of the lack of long term foreign capital investments in Turkey and then touches the application of International Accounting Standards in Turkish Capital Market as Turkey’s being a candidate for European Union. Then he shows the detrimental consequences of applying existing taxation rules on the financial statements of foreign invested capital in Turkey by means of a case study. Then he proposes a tax rule change in order to attract more foreign investment flow to Turkey.

Keywords: Inflation, devaluation, foreign currency, foreign exchange loss

JEL Classification: M41

Suggested Citation

Ilter, Cenap, Exploring the Effect of Foreign Currency Volatility on Foreign Capital: The Case of Turkey? (September 1, 2008). Available at SSRN: https://ssrn.com/abstract=2399274 or http://dx.doi.org/10.2139/ssrn.2399274

Cenap Ilter (Contact Author)

California State University ( email )

1000 East Victoria Street
SBS C 306
Carson, CA 90747
United States
2096225198 (Phone)

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
20
Abstract Views
330
PlumX Metrics