Olgu, Özlem2015-01-222015-01-222013Beykent University Journal of Social Sciences - BUJSS Vol.6 No.2, 20131307-5063Shock concepts have been studied in the literature to identify their impact on the development of various industries. Banking industry particularly in a developing country context seeks more attention as there has certainly been a close association throughout most of their shared history. This paper, therefore, aims to illuminate the impact of industry specific, country specific and international shocks on the development of Turkish banking industry since its existence from the period of Ottoman Empire until today's modern Turkey (1299-2013).enpolitical instabilitybanking industryshock conceptsTurkeyOttoman EmpireArticle