Performance of soccer on the stock market: Evidence from Turkey

被引：24

作者：

Berument, Hakan ^{[1
]}

Ceylan, Nildag Basak

Gozpinar, Esin

机构：

[1] Bilkent Univ, Dept Econ, TR-06800 Ankara, Turkey

[2] Atilim Univ, Dept Management, TR-06836 Ankara, Turkey

来源：

SOCIAL SCIENCE JOURNAL | 2006年 / 43卷 / 04期

关键词：

D O I：

10.1016/j.soscij.2006.08.021

中图分类号：

C [社会科学总论];

学科分类号：

03 ; 0303 ;

摘要：

This 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.

引用

页码：695 / 699

页数：5

共 50 条

[31] The performance of retail investors, trading intensity and time in the market: evidence from an emerging stock market*
Garay, Urbi
Pulga, Fredy
[J]. HELIYON, 2021, 7 (12)
[32] Market Sentiment and Stock Market Volatility: Evidence from Tehran Stock Exchange
Tohidi, Mohammad
[J]. IRANIAN JOURNAL OF MANAGEMENT STUDIES, 2022, 15 (04) : 701 - 720
[33] Stock market reaction to dividend announcements: Evidence from the Greek stock market
Dasilas, Apostolos
Leventis, Stergios
[J]. INTERNATIONAL REVIEW OF ECONOMICS & FINANCE, 2011, 20 (02) : 302 - 311
[34] Comparing Dynamic and Static Performance Indexes in the Stock Market: Evidence From Japan
Hodoshima, Jiro
Yamawake, Toshiyuki
[J]. ASIA-PACIFIC FINANCIAL MARKETS, 2022, 29 (02) : 171 - 193
[35] COVID-19 and instability of stock market performance: evidence from the US
Hong, Hui
Bian, Zhicun
Lee, Chien-Chiang
[J]. FINANCIAL INNOVATION, 2021, 7 (01)
[36] Stock market reaction to affiliated sports teams' performance: evidence from China
Gao, Yongqiang
Wang, Yingli
Hafsi, Taieb
[J]. CHINESE MANAGEMENT STUDIES, 2023, 17 (04) : 787 - 807
[37] ESG performance, herding behavior and stock market returns: evidence from Europe
Gavrilakis, Nektarios
Floros, Christos
[J]. OPERATIONAL RESEARCH, 2023, 23 (01)
[38] Board Meeting Frequency and Corporate Performance: Evidence from Shenzhen Stock Market
Liu, Jian
Li, Ge
[J]. ADVANCES IN BUSINESS INTELLIGENCE AND FINANCIAL ENGINEERING, 2008, 5 : 463 - 470
[39] ESG performance, herding behavior and stock market returns: evidence from Europe
Nektarios Gavrilakis
Christos Floros
[J]. Operational Research, 2023, 23
[40] COVID-19 and stock market performance: Evidence from the RCEP countries
Zhang, Wenwen
Cao, Shuo
Zhang, Xuan
Qu, Xuefeng
[J]. INTERNATIONAL REVIEW OF ECONOMICS & FINANCE, 2023, 83 : 717 - 735

← 1 2 3 4 5 →