Browsing by Keywords "Stock returns"
Now showing items 1-5 of 5
-
Effects of macroeconomic dynamics on stock returns : case of Turkish stock exchange market
(Bilkent University, 2003)It has been widely accepted that the empirical validity of the efficient markets hypothesis significantly differ between developed and emerging markets. Macroeconomic factors are thought to play an important role in this ... -
Financial crisis and changes in determinants of risk and return: an empirical investigation of an emerging market (ISE)
(Multinational Finance Society, 1999)This paper examines how determinants of volatility and stock returns change with financial crisis. The contributions of the paper are twofold. First, using a GARCH-M framework, risk and return are jointly modeled by using ... -
How sensitive are bank managers to shareholder value?
(Springer New York, 2012)We test for the existence of market discipline by shareholders of banks with a wide range of ownership structures. Discipline by shareholders manifests itself through monitoring banks' level of risk as well as through ... -
Institutional investment horizon, herding, and stock returns
(Bilkent University, 2020-12)This thesis investigates the interaction between the herding behavior of institutions classified by their investment horizons and the role of investment horizon of institutions in driving the book-to-market effect. First, ... -
Is there a long run relationship between stock returns and monetary variables: evidence from an emerging market
(Routledge, 2001)Literature that provides empirical evidence about the long-term relationship between stock returns and monetary variables in emerging markets is limited. In those markets, unlike in mature ones, market participants and the ...
