Journals / Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi / 2018 / Cilt: 36 - Sayı: 3

IS BORSA ISTANBUL AFFECTED BY AIR POLLUTION?

HAVA KİRLİLİĞİ BORSA İSTANBUL’U ETKİLER Mİ?

Pages
71–87
Publication Date
2022-10-18
DOI
—
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

As a result of the analysis, it is determined that air pollution has significant and negative current-time effect on BIST Services and lagged-time effect on BIST 100, BIST Industrials and BIST Financials indices returns.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Nowadays, studies examining the effects of environmental factors on human behavior are increasing rapidly.
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Key Findings & Data:In this study, it is examined whether or not air pollution, which is an environmental factor that may have an effect on investor behaviors, has an effect on stock returns for the period of 01.02.2007-20.07.2016 in BIST.
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Conclusion & Impact:As a result of the analysis, it is determined that air pollution has significant and negative current-time effect on BIST Services and lagged-time effect on BIST 100, BIST Industrials and BIST Financials indices returns.
🔬Design:Research Article
📍Scope:2007 Verileri
⚙️Variables:Hava kirliliği · davranışsal finans · Borsa İstanbul

Abstract

Nowadays, studies examining the effects of environmental factors on human behavior are increasing rapidly. Some of these studies focus on investor behaviors in financial markets. In this study, it is examined whether or not air pollution, which is an environmental factor that may have an effect on investor behaviors, has an effect on stock returns for the period of 01.02.2007-20.07.2016 in BIST. As a result of the analysis, it is determined that air pollution has significant and negative current-time effect on BIST Services and lagged-time effect on BIST 100, BIST Industrials and BIST Financials indices returns.

Özet

Günümüzde çevresel faktörlerin insan davranışları üzerindeki etkisini araştıran çalışmalar hızla artmaktadır. Bu çalışmaların bir kısmı ise finansal piyasalardaki yatırımcı davranışları üzerinde odaklanmaktadır. Bu çalışmada 01.02.2007-20.07.2016 dönemi için yatırımcı davranışları üzerinde etkisi olabilecek çevresel bir faktör olan hava kirliliğinin hisse senedi getirileri üzerinde etkisi olup olmadığı araştırılmıştır. Çalışmada Borsa İstanbul’da hesaplanan BIST-100, Sınai, Mali ve Hizmetler endeksleri ele alınmıştır. Yapılan analizler sonucunda ise hava kirliliğinin endeks getirileri üzerinde anlamlı bir etkisi olmadığı belirlenmiştir.

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Cite This Article

EYÜBOĞLU, S., EYÜBOĞLU, K. (2022). IS BORSA ISTANBUL AFFECTED BY AIR POLLUTION?. Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, Cilt: 36 - Sayı: 3, 71–87. https://ajindex.com/articles/532996

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