| Autor: |
G. Cenk AKKAYA, Aysegul CIMEN |
| Jazyk: |
angličtina |
| Rok vydání: |
2013 |
| Předmět: |
|
| Zdroj: |
International Journal of Economics and Finance Studies, Vol 5, Iss 1 (2013) |
| ISSN: |
1309-8055 |
| Popis: |
The aim of the study is to find out thepresence of abnormal day of the monthreturn at Borsa Istanbul (BIST) and to make investors have higher returns fromthese anomalies. Daily percentage returns between January 4, 2000 and December31, 2012 are used for the study. 31 hypotheses are tested in the research and thevalidity of daily returns is tested with Zstatistics. Results show that there are 11statistically significant daysat Istanbul Stock Exchange. There are 7 days withabnormal positive return whereas 4 days with abnormal negative return. |
| Databáze: |
OpenAIRE |
| Externí odkaz: |
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