JOURNAL OF LIFE ECONOMICS <p style="text-align: justify;"><em>Journal of Life Economics&nbsp;<strong>(E-ISSN: 2148-4139 &amp; DOI Prefix:&nbsp;10.15607)</strong></em>&nbsp;is&nbsp;<strong>an&nbsp;international peer-reviewed&nbsp;</strong>and<strong>&nbsp;periodical journal.</strong><em>&nbsp;</em>It aims to create a forum on economic rationale of life. It brings together the views and studies&nbsp;of academicians, researchers and professionals working in all branches of social sciences, especially economics.&nbsp;The articles in the Journal is published in 4 times a year;&nbsp;&nbsp;WINTER&nbsp;(January),&nbsp; SPRING (April), SUMMER (July)&nbsp;and&nbsp;AUTUMN&nbsp;(October).&nbsp;</p> RATING ACADEMY Ar-Ge Yazılım Yayıncılık Eğitim Danışmanlık ve Organizasyon Ticaret Ltd. Şti. en-US JOURNAL OF LIFE ECONOMICS 0000-0000 <p><em>When the&nbsp; article is accepted for publication in the </em><em>Journal of Life Economics</em><em>, authors transfer all copyright in the article to the </em><em>Rating Academy </em><em>Ar-Ge Yazılım Yayıncılık Eğitim Danışmanlık ve Organizasyon Ticaret Ltd. Şti</em><em>.</em><em>The authors reserve all proprietary right other than copyright, such as patent rights.&nbsp;</em></p> <p><em>Everyone who is listed as an author in this article should have made a substantial, direct, intellectual contribution to the work and</em><em> should take public responsibility for it.</em></p> <p><em>Th</em><em>is paper contains works that have </em><em>not previously published or not under consideration for publication in other journals. </em></p> EFFECT OF SOCIAL ENVIRONMENT AND PERSONALITY TRAITS ON ENTREPRENEURSHIP TENDENCIES OF STUDENTS: AN APPLICATION IN FOUNDATION UNIVERSITY <p style="text-align: justify;"><em>The aim of this study, which is an exploratory research, is to determine the effects of social environment and personality traits of university students on entrepreneurship tendencies. The universe of the research is comprised of all university students. The sample of the study consists of students enrolled at a foundation university. A questionnaire including the questions about the social environment and personality traits of university students and their entrepreneurship tendencies are applied.&nbsp; The data, collected by 130 questionnaires with complete and sufficient content, were analyzed and interpreted. As a result of the analysis, it has been seen that there is a positive relationship between risk taking propensity, the need for achievement, innovativeness and the entrepreneurship tendency.</em></p> Hamide SELÇUK Emel BURAK ##submission.copyrightStatement## 2019-04-30 2019-04-30 6 2 119 132 10.15637/jlecon.6.008 TIME SERIES ANALYSIS FOR THE EFFECT OF EXCHANGE RATE RISK ON BIST100 INDEX: CASE OF TURKEY <p><em>The exchange rates having an important effect on the global markets are very important for the&nbsp;</em><em>developing countries. The changes and advances in money markets affect not only the individuals but&nbsp;</em><em>also the companies aiming to invest. The objective of this study is to determine if the exchange rate has&nbsp;</em><em>effect on the BIST 100 index in Turkey. For this purpose, in each dataset, totally 174 observations&nbsp;</em><em>starting from January 2004 to June 2018 was used. In specification of the model, the mean index values&nbsp;of Borsa Istanbul 100 by the end of month were taken as dependent variable. The independent variable&nbsp;</em><em>was chosen to be monthly mean USD exchange rate in Turkish Lira, and then regressed. According to&nbsp;</em><em>the analysis results, there is a significant relationship between lagged values of USD exchange rate and&nbsp;</em><em>BIST 100 index. </em></p> Nur DİLBAZ ALACAHAN Yağmur AKARSU ##submission.copyrightStatement## 2019-04-30 2019-04-30 6 2 133 150 10.15637/jlecon.6.009 THE EFFECT OF TAX PLANNING, EQUITY AND OPERATION CASH FLOW TOWARDS THE EFFORT OF COMPRESSING INCOME TAX BURDEN IN PROPERTY AND REAL ESTATE COMPANIES LISTED IN BEI YEAR 2012-2015 <p style="text-align: justify;"><em>The purpose of this research is to prove and analyze the effect of tax planning, equity and cash flow towards the effort of compressing income tax burden in property and real estate companies listed in Bursa Efek Indonesia year 2012 – 2015. The population in this research including all property and real estate companies. Sample is taken using purposive sampling technique with the amount of 32 companies. The data used in this research is secondary data, by gathering neccessary information from IDX such as financial report year 2012 – 2015. The method used to analyze the relationship between independent variable and dependent variable is double regression method and assumption method. The result shows that simultaneously, variable – independent variable; tax planning, equity and operation cash flow towards the effort in compressing income tax burden. Partial result, variable of tax planning, equity and operation cash flow towards the effort in compressing income tax.</em></p> Han TONO ##submission.copyrightStatement## 2019-04-30 2019-04-30 6 2 151 162 10.15637/jlecon.6.010 THE ECONOMIC AND FISCAL PERFORMANCE OF TURKEY AND WESTERN BALKANS IN THE PROCESS OF MEMBERSHIP TO THE EUROPEAN UNION: AN ASSESSMENT ON POST-GLOBAL CRISIS PERIOD <p><em>It is aimed to compare the economic and fiscal performance of Western Balkans and Turkey in the process of accession to the European Union. Turkey and the Western Balkans that consist of candidate ( Macedonia, Montenegro, Serbia, Albania) and potential candidate (Kosovo and Bosnia and Herzegovina) countries are obliged to fulfill the criteria for the European Union's economic and fiscal cohesion. The Western Balkans have been forced to fulfill their obligations under the negotiating process, as the global crisis and the subsequent debt crisis seriously affects their economic and fiscal performances as well as European Union members. Economic and fiscal indicators such as real gross domestic product, unemployment, inflation, public deficit, public debt, public revenues and expenditures for the years 2008-2016 clearly demonstrate this. Despite the fact that Turkey less affected by the global crisis vis-a-vis the Western Balkans has more positive outlook in terms of the indicators, the European Union stands closer to the Western Balkans compared to Turkey.</em></p> Halil SERBES Mircan TOKATLIOĞLU ##submission.copyrightStatement## 2019-04-30 2019-04-30 6 2 163 196 10.15637/jlecon.6.011 DOES EMOTIONAL LABOUR BE A REASON OF ALIENATION? AN EXAMPLE OF TOURISM SECTOR WORKERS <p style="text-align: justify;"><em>In this research the relations between the dimensions of emotional labor and alienation (self-estrangement and alienation from the work) of employees in tourism firms were investigated. The data were obtained by questionnaire method. Structural Equation Modelling was conducted to search causal relationships between latent variables. The model was applied to the data obtained from 252 employees and statistically significant results were found.</em></p> <p style="text-align: justify;"><em>It was found that there is a significant relationship between the surface acting behaviors of workers and their alienations to work in tourism enterprises however, no significant relationship was found between the surface acting behaviors of workers and their self-estrangement. Similarly, a statistically significant relationship was found between the deep acting behaviors of workers and the alienations from the work, but no significant relationship was found between deep acting and self-estrangement of employees.</em></p> Zeylan KURT Bahattin HAMARAT Murat GÜMÜŞ ##submission.copyrightStatement## 2019-04-30 2019-04-30 6 2 197 216 10.15637/jlecon.6.012 THE IMPACT OF STRATEGIC HUMAN RESOURCES PRACTICES ON FINANCIAL AND GROWTH PERFORMANCE OF THE BUSINESS IN TERMS OF MANAGEMENT LEVEL <p style="text-align: justify;"><em>The purpose of this study is to investigate the effects of strategic human resources practices on the financial and growth performance of the business.</em> <em>The study was carried out on participants in managerial positions inbusinesses operating in the Marmara Region. In addition, an attempt to collect data was made by delivering</em> <em>questionnaires to the management positions of the businesses in different regions to form a more valid sampling</em> <em>population from the whole of Turkey. The data which were provided by 304 questionnaires obtained as a result</em> <em>of various stages were analyzed by SPSS program. In the analysis, it is seen that the strategic human resources practices affect the financial and growth performance of the business. The results of the research support the literature.</em> <em>The findings of the research were interpreted and the suggestions for managerial practices were presented in detail.</em></p> Emel BURAK ##submission.copyrightStatement## 2019-04-30 2019-04-30 6 2 217 238 10.15637/jlecon.6.013