Yıl 2013, Cilt 4, Sayı 3, Sayfalar 107 - 121 2013-09-30

STOCK MARKET REACTION TO NATIONAL SPORTING SUCCESS: CASE OF ISTANBUL STOCK EXCHANGE

Dilek Demirhan [1]

141 453

Bu çalışmanın amacı, Türk milli futbol takımının sportif başarısının Borsa İstanbul (BIST) -100 endeksi getirisi üzerinde etkili olup olmadığını ortaya koymaktır. Futbol maçlarının sonuçları ve hisse senedi getirileri arasındaki ilişki birçok kişi tarafından araştırılmış olup, bu çalışmalardan bazılarında ikisi arasında istatistiksel bir ilişki olduğu saptanmıştır. Bu makalede GARCH analizi kullanılarak Türk milli futbol takımı maç sonuçlarının BIST-100 endeks getirisi üzerindeki etkileri araştırılmıştır. Analiz 04.01.1988-25.05.2011 tarihleri arasında oynanılan tüm futbol maçlarını kapsamaktadır. Bulgulara gore, Türk milli futbol takımının kazandığı maçlar endeks getirisini etkilemezken, kaybettiği veya berabere kaldığı maçlar ise negatif bir etkiye sahiptir

The aim of this study is to investigate whether the sporting success of Turkish national soccer team affects ISE (Istanbul Stock Exchange) -100 index returns. The impact of soccer games’ outcomes on stock returns has been studied by many researchers, some of them found a relationship between the scores of the matches and stock returns, whereas others did not. In this study the effects of all the games of Turkish national soccer team between 04.01.1988-25.05.2011 on ISE-100 index returns are investigated by using GARCH analysis. According to the findings, the wins of the national team are not affecting the ISE-100 index return, whereas the failures (losses and draws) have a negative effect.

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Birincil Dil en
Konular
Dergi Bölümü SPORT MANAGEMENT
Yazarlar

Yazar: Dilek Demirhan

Bibtex @ { psbd219307, journal = {Pamukkale Spor Bilimleri Dergisi}, issn = {}, eissn = {1309-0356}, address = {Pamukkale Üniversitesi}, year = {2013}, volume = {4}, pages = {107 - 121}, doi = {}, title = {STOCK MARKET REACTION TO NATIONAL SPORTING SUCCESS: CASE OF ISTANBUL STOCK EXCHANGE}, key = {cite}, author = {Demirhan, Dilek} }
APA Demirhan, D . (2013). STOCK MARKET REACTION TO NATIONAL SPORTING SUCCESS: CASE OF ISTANBUL STOCK EXCHANGE. Pamukkale Spor Bilimleri Dergisi, 4 (3), 107-121. Retrieved from http://dergipark.gov.tr/psbd/issue/20581/219307
MLA Demirhan, D . "STOCK MARKET REACTION TO NATIONAL SPORTING SUCCESS: CASE OF ISTANBUL STOCK EXCHANGE". Pamukkale Spor Bilimleri Dergisi 4 (2013): 107-121 <http://dergipark.gov.tr/psbd/issue/20581/219307>
Chicago Demirhan, D . "STOCK MARKET REACTION TO NATIONAL SPORTING SUCCESS: CASE OF ISTANBUL STOCK EXCHANGE". Pamukkale Spor Bilimleri Dergisi 4 (2013): 107-121
RIS TY - JOUR T1 - STOCK MARKET REACTION TO NATIONAL SPORTING SUCCESS: CASE OF ISTANBUL STOCK EXCHANGE AU - Dilek Demirhan Y1 - 2013 PY - 2013 N1 - DO - T2 - Pamukkale Spor Bilimleri Dergisi JF - Journal JO - JOR SP - 107 EP - 121 VL - 4 IS - 3 SN - -1309-0356 M3 - UR - Y2 - 2018 ER -
EndNote %0 Pamukkale Spor Bilimleri Dergisi STOCK MARKET REACTION TO NATIONAL SPORTING SUCCESS: CASE OF ISTANBUL STOCK EXCHANGE %A Dilek Demirhan %T STOCK MARKET REACTION TO NATIONAL SPORTING SUCCESS: CASE OF ISTANBUL STOCK EXCHANGE %D 2013 %J Pamukkale Spor Bilimleri Dergisi %P -1309-0356 %V 4 %N 3 %R %U
ISNAD Demirhan, Dilek . "STOCK MARKET REACTION TO NATIONAL SPORTING SUCCESS: CASE OF ISTANBUL STOCK EXCHANGE". Pamukkale Spor Bilimleri Dergisi 4 / 3 (Eylül 2013): 107-121.