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Bulent Gultekin
Associate Professor of Finance


Education

PhD, University of Pennsylvania, 1976; AM, University of Pennsylvania, 1975; MA, Bogazici University, 1974; BSc, Robert College, 1969

Recent Consulting

Senior privatization adviser to several governments and organizations on issues of privatization and economic reform. Governments include Ukraine, Kazakhstan, Uzbekistan, Poland, Indonesia, Turkemenistan, and Turkey; organizations range from The World Bank and European Bank to the United Nations Development Program to the United States Agency for International Development as well as major international corporations

Career and Recent Professional Awards; Teaching Awards

WEMBA Program Teaching Award, 2003

Academic Positions Held

Wharton: 1981-present (Director, Emerging Economies Program, 1992-93; Co-Director, Weiss Center for International Financial Research, Wharton, 1990-93). Previous appointment: Dartmouth College. Visiting appointments: University of Chicago; Koc University, Istanbul, Turkey

Other Positions

Governor, Central Bank of the Republic of Turkey, 1993; Chief Adviser, to the Ministry of Privatization, Poland, 1990-91, to the Prime Minister of Turkey, 1987-89, 1991; President, Housing Development and Public Participation Administration, Turkey, 1987-89; Director General for Research, Central Bank of the Republic of Turkey, 1986-87

Corporate and Public Sector Leadership 2005-2009

Trustee, Koc University Istanbul, Turkey, 1991-present; Chairman of the Board of Directors, Sumerbank, Turkey; Trustee, American University in Bulgaria, 1995-present; Foundation for Privatization and Ownership Changes, Poland, 1990-present

Publications
Bulent Gultekin, A. Penati (1989), Capital Controls and International Capital Market Segmentation: The Evidence from the Japanese and American Stock Markets, Journal of Finance, (September 1989).
Bulent Gultekin, R.J. Rogalski (1985), "Government Bond Returns, Measurement of Interest Rate Risk and the Arbitrage Pricing Theory." Journal of Finance (March 1985)., Journal of Finance, (March 1985).
Bulent Gultekin (1984), A Critical Reexamination of the Empirical Evidence on the Arbitrage Pricing Theory, Journal of Finance, (June 1984).

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Gultekin Bulent
Bulent Gultekin
2311 Steinberg-Dietrich Hall
3620 Locust Walk
Philadelphia, PA 19104
Phone: (215) 898-4505
gultekin@wharton.upenn.edu

Research Interests:
Corporate finance and capital markets, financial development, privatization