Hakan Orbay


Date: October 19, 2007
Present rank: Associate Professor
Faculty of Management - Sabancı University
Office:                 FMAN
Phone:                 (0216) 483 96 64
Fax:                     (0216) 483 96 99
E-mail:                horbay@sabanciuniv.edu



1996     Ph.D.       Economic Analysis and Policy, Stanford University, USA
1986     MS          .Electrical Engineering, University of Calgary, Canada
1983     BS           Electrical Engineering and Physics, Bogazici University, Turkey



Academic Work Experience:

1999-current      Associate Professor, FMAN, Sabancı University
1995-1999         Assistant Professor, Department, Koç University
1993-1994         Lecturer, Graduate School of Business, Stanford University
1981-1994         Various assistantship positions, Executive Education Program (GSB - Stanford), 
....................... Turkish Naval Academy, University of Calgary and Boğaziçi University

Non-academic Work Experience

1994                Contractor, Cornerstone Research
1990-1991        Project leader, system analyst, specialist programmer, Aknet A.S
1988-1990        System Support Manager, Yapı Kredi Bank
1987-1988        Coordinator, Erkat Trading Inc

Administrative Positions within University:

2004-2006         Director, MBA programs
2003-current      Academic Coordinator, Corporate Governance Forum of Turkey
                        Member, SU Social Science Institute Advisory Board
                        Member, FMAN Recruitment Committee 
                        Member, MBA Interview Committee
                        Member, FMAN Steering Committee

Professional and Public Services outside University:

Editor/Editorial board memberships in scientific journals:

1996-2002       Assistant Editor, the Review of Economic Design (Springer-Verlag journal) Reviewer

Organizer/Coordinator of Academic Conferences:

2004              Organization committee chairman and program commitee member, International 
.................... conference “Family Firms and Corporate Governance”
2000              Member of the organization committee, Conference of the Society of Economic 
.................... Design, Istanbul.
1997              Member of the organization committee, EFMA 97 (European Financial Management 
.................... Association, Third International Conference), Istanbul
1996              Member, local organizing committee of the EEA’96 and ESEM’96 conferences in 
.................... Istanbul. Developed a database and WEB pages for both conferences


Articles in Refereed Journals:

Orbay, Hakan; Yurtoğlu, Burçin (2006): The Impact of Corporate Governance Structures on the Corporate Investment Performance
in Turkey. In: Corporate Governance: An International Review, Vol.14 (4): 349-363.

Papers Submitted and Under Review:

Orbay, Hakan; Yurtoğlu, Burçin (2006): Sources of Finance and Efficiency of Investment in Turkey.

Working Papers:

Orbay, Hakan (2006): Market Contingent Managerial Hierarchies. 

Research Reports:

Orbay, Hakan; Ararat, Melsa (Forthcoming): Corporate Governance in Turkey, Implications for Growth and Investments. 
Background paper for World Bank Investment Climate Assessment Report Survey for Turkey.

Orbay, Hakan; Işık Yusuf (Forthcoming): Governance and Investments: Turkish Environment. Commissioned by OECD.

Conference Presentations:

Orbay, Hakan, Associate Professor. The Efficiency of Corporate Investment and its Relationship to the Sources of Finance in Turkey. EARIE, Amsterdam, August 2006.  

Orbay, Hakan, Associate Professor. The Impact of Ownership Structure on Capital Structure Decisions of Turkish Listed Firms. 
2nd ICMBE, Izmir, June 2006.

Orbay, Hakan, Associate Professor. Owner Dominated Boards and Allocation of Power; Affect on Corporate Performance. 2nd ICMBE, Izmir, June 2006.

Industry Relations/Consulting Projects:

Consulting Worked as part of consultant teams for several companies, with projects such as pre-IPO corporate governance assessment, transparency assessment and social responsibility reporting.



1980-1983        Turkish Scientific and Technical Research Council, Scholarship, City, Turkey
1991-1993        John A. McCarthy Memorial Fellowship
1992                Stanford University, Jaedicke Scholar, Stanford, CA, USA
1993-1994        Stephen Adams Fellowship


Amount - Role (Team), “Title”, Institution, Yearspan