Araştırma Makalesi

The Effect of Foreign Player Transfers on the Stock Values of Sports Clubs Companies Istanbul Stock Exchange

Cilt: 3 Sayı: 1 20 Mart 2020
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The Effect of Foreign Player Transfers on the Stock Values of Sports Clubs Companies Istanbul Stock Exchange

Öz

Sports has recently emerged from a concept of physical activity and competition and has become an important economic market. It is important for sports clubs to survive economically and improve their economies. The stock market is defined as a trading area where stocks, bonds or other securities are traded. There are many transfer activities in every transfer season in the football environment. Transfer of a football player as a result of a professional contract with a club is called a transfer. The purpose of this research, 2019 summer transfer season in four football clubs in Turkey in stock market in Istanbul (Fenerbahce Inc., Galatasaray Inc., Besiktas Inc., Trabzonspor Inc.) to shares of foreign player transfers is to investigate the effect. In these transfer season, the relationship between the stock values 1 day before the transfer date of the player and 1 day after the transfer was analyzed on the basis of each player. As a result, Turkey in 2019 summer transfer season in the stock market showing positive activity of football clubs realized the transfer of foreign players (66%) and was determined to make a low impact. It can be said that the reason for this situation is that transfers will positively affect the sportive success of the teams.

Anahtar Kelimeler

Kaynakça

  1. Athanasios, D. (2013). Finance and football: The market reaction to football player transfers in Europe, Master Thesis, Van Tilburg University, School of Economics and Management, Tilburg, Nederland. http://arno.uvt.nl/show.cgi?fid=131857
  2. Berument, M. H., & Ceylan, N. B. (2012). Effects of soccer on stock markets: The return–volatility relationship. The Social Science Journal, 49(3), 368-374.
  3. Contreras, A. (2015). An exploration into the influence on share prices for publicly traded football clubs, Campus Only Senior Thesis, Claremont McKenna College, California, USA. 1157. https://scholarship.claremont.edu/cmc_theses/1157
  4. De Bakker, D. (2016). The effect of player transfers on stock prices. An event study on European listed football clubs. Master Thesis, Tilburg University. Tilburg, Nederland. http://arno.uvt.nl/show.cgi?fid=141910
  5. Devecioglu, S. (2004). The relation between sports success and market price of sport clubs supply to public. Spormetre Physical Education and Sport Science Journal, 2(1), 11-18. https://doi.org/10.1501/Sporm_0000000020
  6. Dorukkaya, S., and Kiratli, A. (1998). Incorporation of Football Clubs in Turkey. Istanbul: Publication, Finance and Taxation, World Publishing.
  7. Duque, J., and Ferreira, N. A. (2005). Explaining share price performance of football clubs listed on the Euronext Lisbon. ISEG-Universidade Tecnica de Lisboa Business Administration Working Paper, (05-01). https://www.efmaefm.org/0EFMAMEETINGS/EFMA%20ANNUAL%20MEETINGS/2005-Milan/papers/73-duque_paper.pdf
  8. Floros, C. (2014). Football and stock returns: New evidence. Procedia Economics and Finance, 14, 201-209.

Ayrıntılar

Birincil Dil

Türkçe

Konular

Spor Hekimliği

Bölüm

Araştırma Makalesi

Yayımlanma Tarihi

20 Mart 2020

Gönderilme Tarihi

10 Ocak 2020

Kabul Tarihi

3 Mart 2020

Yayımlandığı Sayı

Yıl 2020 Cilt: 3 Sayı: 1

Kaynak Göster

APA
Turğut, M., & Yaşar, O. (2020). The Effect of Foreign Player Transfers on the Stock Values of Sports Clubs Companies Istanbul Stock Exchange. Türk Spor Bilimleri Dergisi, 3(1), 8-13. https://izlik.org/JA53LG99AD
AMA
1.Turğut M, Yaşar O. The Effect of Foreign Player Transfers on the Stock Values of Sports Clubs Companies Istanbul Stock Exchange. TSBD. 2020;3(1):8-13. https://izlik.org/JA53LG99AD
Chicago
Turğut, Murat, ve Onur Yaşar. 2020. “The Effect of Foreign Player Transfers on the Stock Values of Sports Clubs Companies Istanbul Stock Exchange”. Türk Spor Bilimleri Dergisi 3 (1): 8-13. https://izlik.org/JA53LG99AD.
EndNote
Turğut M, Yaşar O (01 Mart 2020) The Effect of Foreign Player Transfers on the Stock Values of Sports Clubs Companies Istanbul Stock Exchange. Türk Spor Bilimleri Dergisi 3 1 8–13.
IEEE
[1]M. Turğut ve O. Yaşar, “The Effect of Foreign Player Transfers on the Stock Values of Sports Clubs Companies Istanbul Stock Exchange”, TSBD, c. 3, sy 1, ss. 8–13, Mar. 2020, [çevrimiçi]. Erişim adresi: https://izlik.org/JA53LG99AD
ISNAD
Turğut, Murat - Yaşar, Onur. “The Effect of Foreign Player Transfers on the Stock Values of Sports Clubs Companies Istanbul Stock Exchange”. Türk Spor Bilimleri Dergisi 3/1 (01 Mart 2020): 8-13. https://izlik.org/JA53LG99AD.
JAMA
1.Turğut M, Yaşar O. The Effect of Foreign Player Transfers on the Stock Values of Sports Clubs Companies Istanbul Stock Exchange. TSBD. 2020;3:8–13.
MLA
Turğut, Murat, ve Onur Yaşar. “The Effect of Foreign Player Transfers on the Stock Values of Sports Clubs Companies Istanbul Stock Exchange”. Türk Spor Bilimleri Dergisi, c. 3, sy 1, Mart 2020, ss. 8-13, https://izlik.org/JA53LG99AD.
Vancouver
1.Murat Turğut, Onur Yaşar. The Effect of Foreign Player Transfers on the Stock Values of Sports Clubs Companies Istanbul Stock Exchange. TSBD [Internet]. 01 Mart 2020;3(1):8-13. Erişim adresi: https://izlik.org/JA53LG99AD

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