The aim of the study is to measure the investors' response to the good and bad earnings announcements announced by the firms and determine how these announcements affect the stock returns. The study covers the period of 2015-2018 and has been analyzed by the event study method on the companies included in the BIST 30 index. As a result of the study, it was determined that both good and bad earnings announcements were effective on cumulative abnormal returns. It has been observed that this effect is higher in companies whose profitability and loss increased by more than 50% compared to the previous period.
Abnormal Return Earning Announcements Market Reaction Event Study
Anormal Getiri Kazanç İlanları Piyasa Tepkisi Olay Çalışması
Birincil Dil | Türkçe |
---|---|
Konular | İşletme |
Bölüm | ANABÖLÜM |
Yazarlar | |
Yayımlanma Tarihi | 30 Haziran 2020 |
Gönderilme Tarihi | 8 Mart 2020 |
Yayımlandığı Sayı | Yıl 2020 |