Staff Profiles | College of Business

About
Education
Research

Biography

I was born in Izmir Turkey by the Mediterranean, got my BS in Engineering Management from Istanbul Tech, and my PhD in Finance from the University of Central Florida. I see myself as an Academician / semi-professional Theater personality / CFA charter holder. I am also full-time father of Maya.

Current Courses

MBA 440.001 Financial Management

MBA 440.002 Financial Management

FIL 341.003 Intermediate Business Finance

FIL 341.004 Intermediate Business Finance

Teaching Interests & Areas

Corporate Finance at Introductory and Intermediate levels,
Financial Modeling,
Project Investment,
Equity Valuation,

Research Interests & Areas

My current research topics are;
- Mutual fund performance and management
- Firm-level ESG
- Downside Risk in Portfolio Management
- Entrepreneurial Finance and Innovation Dynamics at the country level
- Interest rate and Credit Spread risks in Banking Book

PhD Finance

University of Central Florida

Orlando, FL, USA

MS Finance

Marmara University

Istanbul Turkey

BS Engineering Management

Istanbul Technical University

Istanbul, Turkey

Book, Chapter

Yerlikaya, S., & Erzurumlu, Y. Artificial Intelligence in Public Sector: A Framework to Address Opportunities and Challenges. Allam Hamdan, Aboul Ella Hassanien, Anjum Razzaque, Bahaaeddin Alareeni (EDs), The Fourth Industrial Revolution: Implementation of Artificial Intelligence for Growing Business Success. Springer 935 (2020): 201-216.

Conference Proceeding

Tanis, A., & Erzurumlu, Y. Artificial Neural Network Based Holistic Performance Valuation and Mutual Fund Selection: Evidence from Turkey. Tofig Allahviranloo, Soheil Salahshour, Nafiz Arica (EDs), Progress in Intelligent Decision Science: Proceeding of IDS 2020. Springer International Publishing (2021): 379-398.

Journal Article

Chen, H., Erzurumlu, Y., Gozgor, G., & Lau, C. How Knowledge and Innovation Capabilities Drive Environmental Innovation? Evidence from Global Firms. Richard Welford (EDs). Business Strategy and the Environment (2025)

Erzurumlu, Y., Gozgor, G., Turkkan, M., Lau, C., & Soliman, A. The Effects of Geopolitical and Political Risks on Corporate ESG Practices. Raff Dewil / Jason Evans / Lixiao Zhang (EDs). Journal of Environmental Management 386.125747 (2025)

Liao, Q., Erzurumlu, Y., & Gozgor, G. Impact of Market Regulations on Firm-Specific ESG Performance: Evidence from Asian Economies. W Goodell (EDs). Review of International Business and Finance 76 (2025)

Oygur, T., Kirik, A., & Erzurumlu, Y. Secured or Unsecured: That is All Matters: Practical Implications of New Reference Rates. Mark Taylor (EDs). Applied Economics Letters (2025): 5.

Sun, Y., Erzurumlu, Y., & Gozgor, G. Economic Uncertainty and Innovation Capability: Corruption as a Barrier to Innovation Output. Robert Faff (EDs). Pacific Basin Finance Journal 102855 (2025): 38.

Gunduz, N., Zaim, S., & Erzurumlu, Y. Impact of Health Belief and Trust on Technology Acceptance in Smartwatch Usage: Turkish Senior Adults Case. Avinandan Mukherjee (EDs). International Journal of Pharmaceutical and Healthcare Marketing 18.3 (2024): 499-520.

Kan-Xiang, C., Erzurumlu, Y., Gozgor, G., Lau, C., & Turkkan, M. The Impact of Economic Uncertainty on Corporate ESG Performance: Global Evidence. W Goodell PhD (EDs). Research in International Business and Finance 72.Part B (2024)

Avci, G., & Erzurumlu, Y. Blockchain tokenization of real estate investment: a security token offering procedure and legal design proposal. Bryan D. MacGregor (EDs). Journal of Property Research 40.2 (2023): 188-207.

Erzurumlu, S., Erzurumlu, Y., & Yoon, Y. National innovation systems and dynamic impact of institutional structures on national innovation capability: A configurational approach with the OKID method. S. Matos / W. Vanhaverbeke (EDs). Technovation 114.102552 (2022): 16.

Kalip, N., Erzurumlu, Y., & Gun, N. Qualitative and Quantitative Patent Valuation Methods: A Systematic Literature Review. Amy Trappey (EDs). World Patent Information 69.102111 (2022): 13.

Kirik, A., Oygur, T., & Erzurumlu, Y. Quadruple Wavelet Coherence and Pairwise Cointegration: Comparative Time-Frequency Analysis of Bank Deposit Rate. Journal of Economic Studies 50.2 (2022): 147-172.

Wu, W., Wang, L., Erzurumlu, Y., Gozgor, G., & Yang, G. Effects of Country and Geopolitical Risks on Income Inequality: Evidence from Emerging Economies. Paresh Narayan (EDs). Emerging Markets Finance and Trade 58.15 (2022): 4218-4230.

Yildiz, M., Erzurumlu, Y., & Kurtulus, B. Comparative Analyses of Mean-Variance and Mean-Semivariance Approaches on Global and Local Single Factor Market Model for Developed and Emerging Markets. Ilan Alon (EDs). International Journal of Emerging Markets 17.1 (2022): 325-350.

Erzurumlu, Y., & Gozgor, G. Effects of Economic Policy Uncertainty on Energy Demand: Evidence from 72 Countries. Wenxuan Hou MAE (EDs). Journal of Chinese Economic and Business Studies 20.1 (2021): 23-38.

Erzurumlu, Y., & Ucardag, I. Private Pension Fund Flow, Performance and Cost Relationship Under Frequent Regulatory Change. John Ashton (EDs). Journal of Financial Regulation and Compliance 29.2 (2021): 218-234.

Erzurumlu, Y., & Avci, G. The Impact of Bank's Internal Governance Mechanism on Operational Loss: Evidence from Turkey. Iranian Economic Review 25.4 (2021): 603-622.

Written Case with Instructional Material

Erzurumlu, Y., & Erzurumlu, S. Finalaw: Fintech Platform Disrupting Real Estate Industry. Harvard Business Review (2025): 11.

Presentations

Dynamic Modelling of Shocks to Credit Spread Risk in Banking Book. 51st EBES Conference. Eurasia Business and Economic Society. (2025)

Integrating Political and Geopolitical Risks into ESG Practices: The Missing Link in Risk Analysis. 7th Ethical Finance and Sustainability Conference. University of Leeds. (2024)

Economic Policy Uncertainty and Corporate Esg Performance. Engineering and Technology Management Summit 2023. ITU & BAU. (2023)

Dr. Yaman Erzurumlu CFA