Author/Authors :
KAYA, Abdulkadir Erzurum Teknik Üniversitesi - İ İ BF - İşletme Bölümü, Turkey , GÜLHAN, Ünal Atatürk Üniversitesi - Pasinler Meslek Yüksek Okulu, Turkey
Title Of Article :
The Effect of Sport Clubs’ Performances on Stock Prices: An Application on BIST
Abstract :
Today, sports activities with increasing levels of traceability have become an economic sector on a large scale. Especially the process of going public of sports clubs, including football, the results of these companies competition contribution to the economies of the club moved to a size that attracts the attention of researchers. The aim of this study is to determine whether sports clubs’ stock price is affected by the results of football matches. For this purpose, whether the matches results of sports organizations of Besiktaş, Fenerbahçe, Galatasaray and Trabzonspor Inc. that are traded in Istanbul Stock Exchange in 2008-2009 and 2009-2010 seasons in Super League, Turkey Cup and European Cups are causing the abnormal return will investigated.
NaturalLanguageKeyword :
ISE , Sport Clubs , Anomaly
JournalTitle :
Journal Of Management and Economics
