Journals / İ M K B Dergisi / 2008 / Cilt: 10 - Sayı: 39

Yatırım Bankası İtibarı ve Halka Arz Sonrası Faaliyet Performansı: İMKB Uygulaması

Pages
19–42
Publication Date
2022-10-18
DOI
—
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AI Summary & Key Takeaways

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

The findings in this study do not supply any evidence showing that investment bank reputation has an influence on the post-issue operating performance.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:In this study, the investment bank1 reputation role in the initial public offerings for the Istanbul Stock Exchange is analyzed.
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Key Findings & Data:A comparison is made between the investment bank reputation and the post-issue operating performance in the analysis, contrary to the works which examine the relationship between the investment bank reputation and the post-issue investment performance.
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Conclusion & Impact:The findings in this study do not supply any evidence showing that investment bank reputation has an influence on the post-issue operating performance.
🔬Design:Research Article
📍Scope:Comprehensive Sample
⚙️Variables:Domain Parameters

Abstract

In this study, the investment bank1 reputation role in the initial public offerings for the Istanbul Stock Exchange is analyzed. A comparison is made between the investment bank reputation and the post-issue operating performance in the analysis, contrary to the works which examine the relationship between the investment bank reputation and the post-issue investment performance. The post-issue operating performances of the high-reputable investment banks-backed and the low-reputable investment banks-backed initial public offerings are compared for the investigation of investment bank reputation effect. The findings in this study do not supply any evidence showing that investment bank reputation has an influence on the post-issue operating performance.

Özet

Bu makale, yatırım bankası ve yatırım bankacılığı faaliyeti yürüten aracı kurum itibar etkisini, İstanbul Menkul Kıymetler Borsası'ndaki halka arzlar için konu alan bir çalışmadır. Makale, yatırım bankası itibar etkisini halka arzlardaki yatırım performansı üzerinden ortaya koyan araştırmalardan farklı olarak, yatırım bankası itibarı ile halka arz sonrası faaliyet performansı arasındaki ilişkiyi incelemektedir. Bu amaçla; çeşitli faaliyet performans ölçümleri kullanılarak, yüksek itibara sahip yatırım bankaları ile düşük itibara sahip yatırım bankalarının halka arza taşıdıkları işletmelerin arz sonrası faaliyet performansları karşılaştırılmıştır. Ayrıca, yatırımcıların halka arzlarda yatırım bankası itibarına karşı beklentileri analiz edilmiştir. Araştırmada elde edilen bulgular, yatırım bankası itibarının halka arz sonrası faaliyet performansı üzerinde herhangi bir etki taşımadığını göstermektedir.

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Cite This Article

BULUT, H. İ. (2022). Yatırım Bankası İtibarı ve Halka Arz Sonrası Faaliyet Performansı: İMKB Uygulaması. İ M K B Dergisi, Cilt: 10 - Sayı: 39, 19–42. https://ajindex.com/articles/546394

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