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Journals / Elektronik Sosyal Bilimler Dergisi / 2010 / Cilt: 9 - Sayı: 33

FINANCIAL BREAKS AN EXAMINATION ON TURKISH BANKING SECTOR

FİNANSAL KIRILGANLIKLAR TÜRK BANKACILIK SEKTÖRÜ ÜZERİNE BİR UYGULAMA

Erhan DEMİRELİ
Pages
122–140
Publication Date
2010-07-01
DOI
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AI Summary & Key Takeaways

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

The results indicate that examined banking sector returns have exposed to fifteen volatility shifts, which have significant impact on volatility persistence.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:This paper detects the sudden volatility shifts in Turkish banking stock returns following the process of Iterated Cumulative Squared Returns (ICSS) and investigates both the local and global causes of volatility shifts.
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Key Findings & Data:The results indicate that examined banking sector returns have exposed to fifteen volatility shifts, which have significant impact on volatility persistence.
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Conclusion & Impact:Overall, the results provide evidence that banking sector returns of Turkey is highly affected by both local and global political, economic, and social events.
🔬Design:Research Article
📍Scope:Comprehensive Sample
⚙️Variables:Finansal kırılganlık · Yinelenen Birikimli Kareler Metodu (ICSS) · Bankacılık

Abstract

This paper detects the sudden volatility shifts in Turkish banking stock returns following the process of Iterated Cumulative Squared Returns (ICSS) and investigates both the local and global causes of volatility shifts. The results indicate that examined banking sector returns have exposed to fifteen volatility shifts, which have significant impact on volatility persistence. Overall, the results provide evidence that banking sector returns of Turkey is highly affected by both local and global political, economic, and social events.

Özet

Bu çalışma Türk bankalarına ait hisse senetlerine ilişkin getirilerde meydana gelen ani oynaklık değişimlerini Yinelenen Birikimli Kareler yöntemi aracılığıyla belirlemekte ve söz konusu kırılmaların olası yerel ve küresel nedenlerini incelemektedir. Sonuçlar bankacılık sektörüne ait hisse senetleri getiri serilerinde on beş adet ani oynaklık kırılması meydana geldiğini göstermiştir. Çalışma sonucunda, Türk bankacılık sektör hisse senedi getirilerinin yerel ve küresel nitelikteki siyasi ve ekonomik olaylardan etkilendiği saptanmıştır.

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Cite This Article

DEMİRELİ, E. (2010). FINANCIAL BREAKS AN EXAMINATION ON TURKISH BANKING SECTOR. Elektronik Sosyal Bilimler Dergisi, Cilt: 9 - Sayı: 33, 122–140. https://ajindex.com/articles/98066

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