Dergiler / Anadolu Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi / 2026 / Volume: 26 Issue: 2

ANALYSIS OF ECONOMIC SUPERVISORY AND REGULATORY AUTHORITIES IN TÜRKİYE FROM THE PERSPECTIVE OF PUBLIC INTEREST THEORY: THE EXAMPLE OF BANKING REGULATION AND SUPERVISION AGENCY

Ahmet Kavaklı(TC İstanbul Ticaret Üniversitesi)0000-0002-5713-3950
Ali Osman Gürbüz(İSTANBUL TİCARET ÜNİVERSİTESİ)0000-0003-0230-5839
Sayfa
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Yayın Tarihi
2025-06-30
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⚡ TL;DR(1 Cümlede Hızlı Çıkarım)

Since the BRSA's regulatory and supervisory activities contribute to the S-Score, the study concludes that the BRSA's efforts align with the Public Interest Theory, as they promote financial stability and attract investment, thereby serving the public interest.

📌 3 Maddede Bu Makale

🎯
Amaç & Hipotez:Public Interest Theory argues that public regulations should be implemented for the purpose of maximizing social welfare.
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Temel Bulgular & Veri:For this purpose, in the first stage, S-Score calculations for the banking sector were made for the sector total and for different segments of deposit banks (at year-ends for the 1989-2000 and 2001-2023 periods, and quarterly for the 2007-2023 period).
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Sonuç & Katkı:Since the BRSA's regulatory and supervisory activities contribute to the S-Score, the study concludes that the BRSA's efforts align with the Public Interest Theory, as they promote financial stability and attract investment, thereby serving the public interest.
🔬Tür:Modelleme & Sayısal Simülasyon
📍Kapsam:2000 Verileri
⚙️Değişkenler:Public Interest Theory · Banking Regulation and Supervision Agency · Bankometer Score

Abstract

Public Interest Theory argues that public regulations should be implemented for the purpose of maximizing social welfare. The purpose of this study is to analyze the effects of the BRSA's activity results on the Turkish banking sector and some macroeconomic aggregates, vis-à-vis the Theory, by using the Bankometer Score (S-Score), which is a discriminant analysis method and Granger Causality Test. For this purpose, in the first stage, S-Score calculations for the banking sector were made for the sector total and for different segments of deposit banks (at year-ends for the 1989-2000 and 2001-2023 periods, and quarterly for the 2007-2023 period). In the pre-BRSA period (1989-2000), it was observed that the S-Score figure in all segments generally tended to deteriorate over the years. After BRSA became operational in 2000, S-Score results on a sectoral basis in the calculations made since 2001 have yielded much better results than before 2000. Then the quarterly results were made, together with Foreign Direct Investment (FDI), Real Sector Confidence Index (RSCI) and Capacity Utilization Rate (CUR), were used as a variable for the created model and Granger Causality Test was performed. According to the results of the Granger Causality analysis conducted on EViews, it was concluded that the S-Score, which measures the soundness of the banking sector, is the cause of FDI, which is a common opinion in the literature that it has positive effects on the country's economy. Since the BRSA's regulatory and supervisory activities contribute to the S-Score, the study concludes that the BRSA's efforts align with the Public Interest Theory, as they promote financial stability and attract investment, thereby serving the public interest.

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Bu Makaleye Atıf Yap

Kavaklı, A., Gürbüz, A. O. (2025). ANALYSIS OF ECONOMIC SUPERVISORY AND REGULATORY AUTHORITIES IN TÜRKİYE FROM THE PERSPECTIVE OF PUBLIC INTEREST THEORY: THE EXAMPLE OF BANKING REGULATION AND SUPERVISION AGENCY. Anadolu Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, Volume: 26 Issue: 2. https://doi.org/10.53443/anadoluibfd.1622229

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