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How to Attract More Foreign Capital Investments in Turkey

Author

Listed:
  • Cenap Ilter

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.

Suggested Citation

  • Cenap Ilter, 2008. "How to Attract More Foreign Capital Investments in Turkey," Istanbul Stock Exchange Review, Research and Business Development Department, Borsa Istanbul, vol. 10(40), pages 99-130.
    • Handle: RePEc:bor:iserev:v:10:y:2008:i:40:p:99-130
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    File URL: http://www.borsaistanbul.com/datum/imkbdergi/EN/ISE_Review_40.pdf
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    More about this item

    Keywords

    Inflation; devaluation; foreign exchange; foreign exchange loss.;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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