Performance of Soccer on the Stock Market: Evidence From Turkey

dc.authorscopusid6701554681
dc.authorscopusid14013450300
dc.authorscopusid15061588800
dc.contributor.authorBerument, Hakan
dc.contributor.authorCeylan, Nildag Basak
dc.contributor.authorGozpinar, Esin
dc.contributor.otherTourism Management
dc.date.accessioned2024-07-05T15:09:26Z
dc.date.available2024-07-05T15:09:26Z
dc.date.issued2006
dc.departmentAtılım Universityen_US
dc.department-tempBilkent Univ, Dept Econ, TR-06800 Ankara, Turkey; Atilim Univ, Dept Management, TR-06836 Ankara, Turkeyen_US
dc.description.abstractThis 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.citationcount30
dc.identifier.doi10.1016/j.soscij.2006.08.021
dc.identifier.endpage699en_US
dc.identifier.issn0362-3319
dc.identifier.issn1873-5355
dc.identifier.issue4en_US
dc.identifier.scopus2-s2.0-33750942821
dc.identifier.startpage695en_US
dc.identifier.urihttps://doi.org/10.1016/j.soscij.2006.08.021
dc.identifier.urihttps://hdl.handle.net/20.500.14411/1176
dc.identifier.volume43en_US
dc.identifier.wosWOS:000242796200014
dc.identifier.wosqualityQ2
dc.institutionauthorCeylan, Nildağ Başak
dc.language.isoenen_US
dc.publisherRoutledge Journals, Taylor & Francis Ltden_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.scopus.citedbyCount28
dc.subject[No Keyword Available]en_US
dc.titlePerformance of Soccer on the Stock Market: Evidence From Turkeyen_US
dc.typeArticleen_US
dc.wos.citedbyCount25
dspace.entity.typePublication
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