@article{article_475187, title={Trade-Based Manipulation: The Case of Turkeyb}, journal={Ege Academic Review}, volume={17}, pages={369–380}, year={2017}, author={Gemici, Eray and Cihangir, Mehmet and Yakut, Emre}, keywords={Işlem bazlı manipülasyon, Sermaye piyasası, Çoklu lojistik regresyon}, abstract={In this study one of the manipulation types in the capital market, namely the trade-based manipulation was investigated. Data set for the study was gathered from 273 manipulation cases which were examined with reference to the companies detected by SPK (Capital Markets Board) to have manipulated the markets and quoted in Borsa İstanbul (BIST) in the period between 2001-2014. For the effect of manipulations by the companies, variables of daily return, trading volume, volatility and stock turnover rate were used. The process was classified as pre-manipulation period, manipulation period and post manipulation period. As a result of the study, according to the multiple logistic regression, all variables were found to be statistically significant; moreover, it was also found that daily return and volati}, number={3}, publisher={Ege Üniversitesi}