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Journals / Anadolu Üniversitesi Sosyal Bilimler Dergisi / 2017 / Cilt: 17 - Sayı: 1

The Effects of Business Magazine Recommendations on the Stock Prices in Turkey: Case of Para

Dr. Kemal EYÜBOĞLU
Assoc. Prof. Dr. Halil İbrahim BULUT
Pages
109–122
Publication Date
2017-03-15
DOI
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AI Summary & Key Takeaways

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

In addition, it is determined that recommended stock performances are only 1.2% higher than the BIST-100 index performance in the long term.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Öz The paper examines the effects of business magazines recommendations on the stock returns.
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Key Findings & Data:For this purpose, it is analyzed whether investors can gain abnormal returns from the “buy” recommendations given by the weekly magazine “Para” cover the period February 2006-December 2012.
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Conclusion & Impact:In addition, it is determined that recommended stock performances are only 1.2% higher than the BIST-100 index performance in the long term.
🔬Design:Research Article
📍Scope:2006 Verileri
⚙️Variables:Anahtar Kelimeler Abnormal return · stock recommendation · BIST

Özet

Öz The paper examines the effects of business magazines recommendations on the stock returns. For this purpose, it is analyzed whether investors can gain abnormal returns from the “buy” recommendations given by the weekly magazine “Para” cover the period February 2006-December 2012. The findings show that recommendations cannot help investors to earn abnormal returns from stocks. The reason of this might be the low circulation of business magazines in Turkey. In addition, it is determined that recommended stock performances are only 1.2% higher than the BIST-100 index performance in the long term.

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Cite This Article

EYÜBOĞLU, D. K., BULUT, A. P. D. H. İ. (2017). The Effects of Business Magazine Recommendations on the Stock Prices in Turkey: Case of Para. Anadolu Üniversitesi Sosyal Bilimler Dergisi, Cilt: 17 - Sayı: 1, 109–122. https://ajindex.com/articles/9224

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