Asil AZİMLİ - Staff Size

Assoc. Prof. Dr. ASİL AZİMLİ

Faculty of Economics and Administrative Sciences

E-mail aazimli@ciu.edu.tr
Telephone number +90 392 671 11 11
Extension 2011
Office RO207
Other information

U.N. Sustaınable Development Goals


Affordable and Clean Energy Affordable and Clean Energy
Responsible Consumption and Production Responsible Consumption and Production
Climate Action Climate Action

CURRICULUM VITAE

Education
  • Dokuz Eylul University Accounting and Finance (PhD, 2018)
  • Eastern Mediterranean University Business Administration (Master, 2013)
  • Eastern Mediterranean University Information Techonology (Undergraduate, 2011)
Publications

Articles published in peer reviewed international journals (SCI,SSCI,Arts and Humanities)

  • Azimli, A., & Kalmaz, D. B. (2024). The impact of Russia’s Geopolitical Risk on stock markets’ high-moment risk. Economic Systems, 101242. - 2024
  • Azimli, A., & Cek, K. (2023). Can sustainability performance mitigate the negative effect of policy uncertainty on the firm valuation?. Sustainability Accounting, Management and Policy Journal. - 2024
  • Özkan, O., Azimli, A., & Adebayo, T. S. (2024). The impact of conventional energy markets on connectedness dynamics among eco-friendly assets. Investment Analysts Journal, 1-22. - 2024
  • Azimli, A. (2024). Time-varying spillovers in high-order moments among cryptocurrencies. Financial Innovation, 10(1), 1-39. - 2024
  • Amer, A. M. M., Azimli, A., & Adedokun, M. W. (2024). Can IFRS adoption mitigate earnings management in an emerging market?. Heliyon, 10(19). - 2023
  • Azimli, A. (2023). The impact of climate policy uncertainty on firm value: Does corporate social responsibility engagement matter? Finance Research Letter, 51, 103456 - 2023
  • Mandaci, P. E., Azimli, A., & Mandaci, N. (2023). The impact of geopolitical risks on connectedness among natural resource commodities: A quantile vector autoregressive approach. Resources Policy, 85, 103957. - 2023
  • Azimli, A. (2023). The impact of IFRS mandate and institutional governance on underpricing and aftermarket performance of IPO shares in Turkey. Financial Innovation, 9(1), 121. - 2023
  • Youssefi, I., Celik, T., & Azimli, A. (2022). Financial feasibility analysis for different retrofit strategies on an institutional building. Sustainable Energy Technologies and Assessments, 52, 102342. - 2022
  • Mustafa, M., Azimli, A., & Sabir, A. (2022). The Role of Resource Consumption Accounting in Achieving Competitive Prices and Sustainable Profitability. Energies, 15(11), 4155. - 2022
  • Azimli, A. (2022), Economic policy uncertainty and industry portfolio returns in the United States. Investment Analysts Journal. 108-126, 51(2) - 2022
  • Azimli, A. (2022), Degree and structure of return dependence among commodities, energy stocks and international equity markets during the post-COVID-19 period. Resources Policy. 77, 102679. DOI: https://doi.org/10.1016/j.resourpol.2022.102679 - 2022
  • Azimli, A. (2022), The impact of policy, political and economic uncertainty on corporate capital investment in the emerging markets of Eastern Europe and Turkey. Economic Systems. 100974 - 2022
  • Azimli, A. (2020), The oil price risk and global stock returns, Energy, 198, 1-9. DOI: https://doi.org/10.1016/j.energy.2020.117320 - 2020
  • Azimli, A. (2020), Pricing the common stocks in an emerging capital market: Comparison of the factor models, Borsa Istanbul Review, 20 (4), 334-346. doi.org/10.1016/j.bir.2020.05.002 - 2020
  • Azimli, A. (2020), The impact of COVID-19 on the degree of dependence and structure of risk-return relationship: A quantile regression approach, Finance Research Letters, 101648. https://doi.org/10.​1016/​j.​frl.​2020.​101648 - 2020
  • Azimli, A. (2022), Oil price risk and the cross-section of stock returns in Turkey. International Journal of Finance and Economics. 1-18. https://doi.org/10.1002/ijfe.2361 - 2020
  • Azimli, A. (2019), Pricing the accrual effect in an emerging market, Economic Research-Ekonomska Istraživanja, 32(1), 2180-2194. DOI: 10.1080/1331677X.2019.1645715). - 2019

Articles published in other peer reviewed international journals

  • Azimli, A. (2024). Is gold a safe haven for the US dollar during extreme conditions?. International Economics, 177, 100478. - 2024
  • Arkol, O., & Azimli, A. (2024). Pricing the common stocks in emerging markets: The role of economic policy uncertainty. Modern Finance, 2(1), 31-50. - 2024
  • Azimli, A. (2022), Economic policy uncertainty, COVID-19 and industry returns. Economics and Business Letters, 11(3), 107-117 - 2022

Books and books chapters published internationally

  • Azimli, A., & Shakourloo, A. (2023, October). Behavioral Black Swan Investment Strategy and Global Stock Market Contagion Dynamics. In International Conference on Banking and Finance Perspectives (pp. 149-180). Cham: Springer Nature Switzerland. - 2023
  • Joof, F., Azimli, A. (2022). Impact of Political Uncertainties on the Dividend Policies of Nonfinancial Firms in Turkey. In: Özataç, N., Gökmenoğlu, K.K., Rustamov, B. (eds) New Dynamics in Banking and Finance. Springer Proceedings in Business and Economics. Springer, Cham. https://doi.org/10.1007/978-3-030-93725-6_4 - 2022
  • Azimli, A. and Mandacı, P.E. (2017). Examining the relationship between the stock returns and earnings measures – Evidence from Borsa Istanbul. In: Özataç, N., Gökmenoglu, K. (eds) New Challenges in Banking and Finance. Springer Proceedings in Business and Economics (pp. 65-76). Springer, Cham. - 2017

Articles published in National journals

  • Azimli, A., and Evrim Mandacı, P. (2017). Corporate investment and expected stock returns. Dokuz Eylül Üniversitesi İşletme Fakültesi Dergisi, 18 (2), 299-315. DOI: 10.24889/ifede.346673 - 2018
Thesis Supervision

Master Thesis Supervised

  • Performance of socially responsible investment in developed countries (with D. Ngankama)) - 2025
  • Analysis of the dynamic relationship between capital structure and firm performance in the Nigerian goods sector (with H. B. Ndipisiri)) - 2025
  • The capital structure of Nigeria's real estate companies and financial performance (Bobby Osawe) - 2024
  • The impact of Geopolitical risk on capital structure. (Barthe K. Kiwele) - 2024
  • Cybersecurity in the Banking Industry (Ahmed M. Algurno) - 2024
  • The role of credit insurance in managing the risk of credit in commercial banks (Shanae Jebrouni) - 2023
  • Analysis of the effect of working capital management on the profitability of manufacturing firms ın Sierra Leone (Abdul S. Karama)) - 2023
  • The use of corporate social responsibility as a tool to improve the performance of automotive industries in Europe (Roberto N. Mokom) - 2023
  • The impact of tax compliance on the fınancıal performance of SMEs (Nelly Kavira) - 2023
  • The impact of IFRS on earnings management in Nigeria (Ilevbare David Samuel) - 2023
  • The impact of economic uncertainty on corporate investment in Africa (Toyin Oyewande) - 2023
  • The impact of behavioral bıases on cryptocurrency investment decisions: Evidence from the TRNC (Ahemed Rizvanoglu) - 2023
  • Inference of Credit Risk Management on Bank Performance: Evidence from Nigeria Banks.(Victor Ailenmoagbon) - 2023
  • Working capital management in small and medium sized businesses: Evidence from Sierra Leon (Unisa Koroma) - 2022
  • The impact of economic policy uncertainty on foreign direct investments in Nigeria (Divina Ashieya) - 2022
  • The impact of knowledge management on organizational performance: Evidence from Nigerian banking sector (Adams Oyedokun) - 2022
  • The effect of financial inclusion on the profitability of small and medium-sized enterprises in Cameroon (Vernie Forchu) - 2022
  • The effect of mergers and acquisitions on bank efficiency and profitability in Switzerland (Maimuna Krubally) - 2021
  • An evaluation of the impact of liquidity risk management on commercial banks financial performance: A case study of Sierra Leone and Kenya commercial banks (Joseph Kanu) - 2021
  • An assessment of healthcare service failure and service recovery: The COVID-19 period and the impact and the impact on customer repurchase intentions (Loveline Ngum) - 2021
  • The impact of commercial bank credit on growth of small and medium sized enterprises in Camaroon (Christabel Ajenai) - 2021
  • Interaction between stock returns, gold returns, and oil returns: The case of Morocco (Oussama Elqorachy) - 2021
  • The impact of performance audit and accountability in the public sector: A case study from Sierra Leone (Mohamed Mansaray) - 2021
  • The effect of corporate governance principles and practice on the performance of commercial banks in Nigeria (Elizabeth Bamidele) - 2021
  • Analysis of the profitability of commercial banks in Saudi Arabia (Muna Nagash) - 2021
  • The pass-through effect of global crude oil prices and exchange rate into inflation consumer price index for all items in Nigeria (Toritseweju Mene). - 2021
  • A research on the impact of fiancial innovation on agriculture in Turkey (Amin Mosaferi) - 2021
  • Effect of internal audit function on financial performance of commercial banks in Nigeria (Eniola Ajayi) - 2021
  • The effect of extra payment on motivation of health personnel in private health institutions in Cameroon (Lydia Nkongho) - 2021
  • Fear of COVID-19, psychological distress, job satisfaction and turnover intentions among frontline healthcare workers (Alberto Vuglose) - 2021
  • The impactof corporate governance on firm value: A case study of the banking sector in the UK (Chyavan Abdullah) - 2021
  • Factors influencing corporate capital structure decisions in Chinese firms (Solin Amedi) - 2020
  • The impact of firm size and profitability on audit fee: Evidence from Amman Stock Market (Abdelaziz Ibnian) - 2020
  • The determinants of the performance of the financial sector: Evidence from an emerging market (Arieba Srieka) - 2020
  • The nexus between electricity consumption, economic growth and environmental pollution: Evidence from Nigeria (Yerima Sati) - 2019

Doctorate Thesis Supervised

  • Can IFRS adoption mitigate earnings management in an emerging market? (with A.M. Amer)) - 2025
  • Challenges encountered in the Implementation of Enterprise Resource Planning ERP in infrastructure contracting companies emphasis on business processes integration (Majed Fatfat) - 2024
  • The Role of Resource Consumption Accounting in Achieving Competitive Prices and Profitability (A. Mewlood) - 2022
Awards
  • Outstnading Success Scholarship (Ph.D.) (2015)
Research Areas
  • Asset pricing
  • modern portfolio theory
  • market efficiency
  • capital markets research in accounting
  • Accounting information and financial markets
  • valuation of new issues
Administrative Duties
  • Faculty Coordinator (2020-2022)
  • ECTS committee member (2021-2022)
  • Faculty quality board member (2021-2023)
  • CARBET - member of board (2021-2023)
  • Head of the Accounting and Finance Department (2023-2024)
  • Coordinator for Accreditation and University Ranking (2023-ONGOING)
  • General Secretary (2024-ONGOING)