Performance of Soccer on the Stock Market: Evidence From Turkey

dc.authorscopusid 6701554681
dc.authorscopusid 14013450300
dc.authorscopusid 15061588800
dc.contributor.author Berument, Hakan
dc.contributor.author Ceylan, Nildag Basak
dc.contributor.author Gozpinar, Esin
dc.contributor.other Tourism Management
dc.date.accessioned 2024-07-05T15:09:26Z
dc.date.available 2024-07-05T15:09:26Z
dc.date.issued 2006
dc.department Atılım University en_US
dc.department-temp Bilkent Univ, Dept Econ, TR-06800 Ankara, Turkey; Atilim Univ, Dept Management, TR-06836 Ankara, Turkey en_US
dc.description.abstract This paper assesses the effect of soccer success on stock market returns for three major Turkish teams (Besiktas, Fenerbahce and Galatasaray) after certain characteristics of the stock market are controlled for. The empirical evidence presented here suggests that Besikta's win against foreign rivals in the Winner's Cup increases stock market returns. The same effect is not present for the other two big teams (Fenerbahce and Galatasaray). The day of the week effect on the stock market and the relationship between risk and return are also presented. (c) 2006 Elsevier Inc. All rights reserved. en_US
dc.identifier.citationcount 30
dc.identifier.doi 10.1016/j.soscij.2006.08.021
dc.identifier.endpage 699 en_US
dc.identifier.issn 0362-3319
dc.identifier.issn 1873-5355
dc.identifier.issue 4 en_US
dc.identifier.scopus 2-s2.0-33750942821
dc.identifier.startpage 695 en_US
dc.identifier.uri https://doi.org/10.1016/j.soscij.2006.08.021
dc.identifier.uri https://hdl.handle.net/20.500.14411/1176
dc.identifier.volume 43 en_US
dc.identifier.wos WOS:000242796200014
dc.identifier.wosquality Q2
dc.institutionauthor Ceylan, Nildağ Başak
dc.language.iso en en_US
dc.publisher Routledge Journals, Taylor & Francis Ltd en_US
dc.relation.publicationcategory Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı en_US
dc.rights info:eu-repo/semantics/openAccess en_US
dc.scopus.citedbyCount 28
dc.subject [No Keyword Available] en_US
dc.title Performance of Soccer on the Stock Market: Evidence From Turkey en_US
dc.type Article en_US
dc.wos.citedbyCount 25
dspace.entity.type Publication
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