The prize winners of the 6th Hakan Orbay Research Awards

Sabancı University School of Management established the Research Article Awards in memory of Hakan Orbay. The prize winners of the 6th Hakan Orbay Awards are:


Young researcher award:

  • Oğuzhan Karakaş,University Senior Lecturer in Finance Cambridge Judge Business School, University of Cambridge, “Coordinated Engagements”


PhD student award:

  • Güner Velioğlu, PhD Candidate, Warrington College of Business, University of Florida, “Why Are Commercial Loans So Sticky? The Effect of Private Information on Loan Spreads”


Awards will be presented to the winners at a ceremony. Details of the award ceremony are below:

Place: Sabancı University, Tuzla, Istanbul
Date and Time: Wednesday, December 18, 2019 at 10:00 am
Place: School of Management, Sabancı University, Room: 1073




Award Jury
Benan Zeki Orbay, Istanbul Bilgi University 
İzak Atiyas, Sabancı University
Eren İnci, Sabancı University
Aziz Şimşir, Sabancı University
Koray Deniz Şimşek, Crummer Graduate School of Business, Rollins College
Melsa Ararat, Sabancı University
Yiğit Atılgan, Sabancı University

Coorditanor: Burcu Albayrak, Sabancı University

Short Bio of Hakan Orbay:

After graduating from Ankara Science High School in 1979, Hakan Orbay received his undergraduate degrees in Electrical Engineering and Physics from Bogazici University in 1983. He obtained his Master’s degree in Electrical Engineering from Calgary University and subsequently returned to Turkey to work in the Information Technology area of the banking sector between1988-1991. He kept close links with academia during those years and eventually went to the U.S. for his doctoral studies in 1991. After obtaining a Ph.D in Economics from Stanford University, Graduate School of Business, he worked as a faculty member at Koc University until 1999. Next, he joined the Sabancı School of Management during its establishment years and worked there as a faculty member until his untimely death in 2011. Hakan Orbay produced original research in microeconomics and finance and made important contributions to the establishment and development of the Sabancı School of Management, Istanbul, Turkey.