Predicting Market Sensitivity: The Role of Board Structure in the Beta Coefficient of Software Companies on the NASDAQ Global Select Market

Ahmet Akusta

doi:10.33203/mfy.1565089

TR EN

Predicting Market Sensitivity: The Role of Board Structure in the Beta Coefficient of Software Companies on the NASDAQ Global Select Market

Abstract

This study examines how board structure influences market sensitivity, measured by Beta, in software companies listed on the NASDAQ Global Select Market. Focusing on governance metrics such as board size, meeting frequency, and executive compensation, the research analyzes their impact on Beta from 2014 to 2023. Machine learning models, including Decision Trees and Bagging Classifiers, evaluate this relationship, using accuracy, precision, recall, and F1 scores. Findings suggest that governance factors significantly affect market sensitivity, offering valuable insights for corporate leaders and investors managing firm risk in volatile sectors like software.

Keywords

Beta Coefficient, Corporate Governance, Market Sensitivity Prediction, Board Structure

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Details

Primary Language

English

Subjects

International Finance

Journal Section

Research Article

Authors

Ahmet Akusta ^*
0000-0002-5160-3210
Türkiye

Early Pub Date

March 29, 2025

Publication Date

April 1, 2025

Submission Date

October 11, 2024

Acceptance Date

March 21, 2025

Published in Issue

Year 2025 Number: 123

DOI

https://doi.org/10.33203/mfy.1565089

IZ

https://izlik.org/JA95ZM28EL

APA

Akusta, A. (2025). Predicting Market Sensitivity: The Role of Board Structure in the Beta Coefficient of Software Companies on the NASDAQ Global Select Market. Maliye Ve Finans Yazıları, 123, 14-34. https://doi.org/10.33203/mfy.1565089

AMA

1.Akusta A. Predicting Market Sensitivity: The Role of Board Structure in the Beta Coefficient of Software Companies on the NASDAQ Global Select Market. Maliye ve Finans Yazıları. 2025;(123):14-34. doi:10.33203/mfy.1565089

Chicago

Akusta, Ahmet. 2025. “Predicting Market Sensitivity: The Role of Board Structure in the Beta Coefficient of Software Companies on the NASDAQ Global Select Market”. Maliye Ve Finans Yazıları, nos. 123: 14-34. https://doi.org/10.33203/mfy.1565089.

EndNote

Akusta A (April 1, 2025) Predicting Market Sensitivity: The Role of Board Structure in the Beta Coefficient of Software Companies on the NASDAQ Global Select Market. Maliye ve Finans Yazıları 123 14–34.

IEEE

[1]A. Akusta, “Predicting Market Sensitivity: The Role of Board Structure in the Beta Coefficient of Software Companies on the NASDAQ Global Select Market”, Maliye ve Finans Yazıları, no. 123, pp. 14–34, Apr. 2025, doi: 10.33203/mfy.1565089.

ISNAD

Akusta, Ahmet. “Predicting Market Sensitivity: The Role of Board Structure in the Beta Coefficient of Software Companies on the NASDAQ Global Select Market”. Maliye ve Finans Yazıları. 123 (April 1, 2025): 14-34. https://doi.org/10.33203/mfy.1565089.

JAMA

1.Akusta A. Predicting Market Sensitivity: The Role of Board Structure in the Beta Coefficient of Software Companies on the NASDAQ Global Select Market. Maliye ve Finans Yazıları. 2025;:14–34.

MLA

Akusta, Ahmet. “Predicting Market Sensitivity: The Role of Board Structure in the Beta Coefficient of Software Companies on the NASDAQ Global Select Market”. Maliye Ve Finans Yazıları, no. 123, Apr. 2025, pp. 14-34, doi:10.33203/mfy.1565089.

Vancouver

1.Ahmet Akusta. Predicting Market Sensitivity: The Role of Board Structure in the Beta Coefficient of Software Companies on the NASDAQ Global Select Market. Maliye ve Finans Yazıları. 2025 Apr. 1;(123):14-3. doi:10.33203/mfy.1565089

The scope of the Journal of Finance Letters consists of studies in the fields of economics, public finance, finance, and banking.

Predicting Market Sensitivity: The Role of Board Structure in the Beta Coefficient of Software Companies on the NASDAQ Global Select Market

Piyasa Duyarlılığını Tahmin Etmek: NASDAQ Global Select Market'teki Yazılım Şirketlerinin Beta Katsayısında Yönetim Kurulu Yapısının Rolü

Abstract

Keywords

Predicting Market Sensitivity: The Role of Board Structure in the Beta Coefficient of Software Companies on the NASDAQ Global Select Market

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