Soccer, stock returns and fanaticism: Evidence from Turkey

被引:15
|
作者
Berument, M. Hakan [1 ]
Ceylan, Nildag Basak [2 ]
Ogut-Eker, Gulin [3 ]
机构
[1] Bilkent Univ, Dept Econ, Ankara, Turkey
[2] Atilim Univ, Dept Management, Ankara, Turkey
[3] Hacettepe Univ, Dept Turkish Language & Literature, Ankara, Turkey
来源
SOCIAL SCIENCE JOURNAL | 2009年 / 46卷 / 03期
关键词
ATTRIBUTIONS; EXCHANGE; SUCCESS;
D O I
10.1016/j.soscij.2009.06.001
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 three major soccer teams' wins on the returns of the Istanbul Stock Exchange (ISE). We argue that the effect of soccer wins on ISE returns increases with the fanaticism of the teams' supporters. (C) 2009 Western Social Science Association. Published by Elsevier Inc. All rights reserved.
引用
收藏
页码:594 / 600
页数:7
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