This paper examines how stocks of firms that are traded on BIST and
included in Turkish Sovereign Wealth Fund reacted to announcement of including
to Turkish Sovereign Wealth Fund by Council of Ministers. The paper investigates efficiency of stocks’
markets and whether getting abnormal return is possible. The result of this
study demonstrates that including to Turkish Sovereign Wealth Fund has a
positive impact on stocks’ returns. This
situation is a significant indicator of the non-effectiveness of the market
even in a semi- strong condition.
Birincil Dil | Türkçe |
---|---|
Bölüm | Makaleler |
Yazarlar | |
Yayımlanma Tarihi | 20 Haziran 2018 |
Kabul Tarihi | 20 Haziran 2018 |
Yayımlandığı Sayı | Yıl 2018Cilt: 2 Sayı: 1 |