Investor Reaction to Market Surprises on the Istanbul Stock Exchange Investor Reaction to Market Surprises on the Istanbul Stock Exchange = İstanbul Menkul Kıymetler Borsasında Piyasa Sürprizlerine Yatırımcı Tepkisi

Investor Reaction to Market Surprises on the Istanbul Stock Exchange Investor Reaction to Market Surprises on the Istanbul Stock Exchange = İstanbul Menkul Kıymetler Borsasında Piyasa Sürprizlerine Yatırımcı Tepkisi

This paper examines the reaction of investors to the arrival of unexpected information on the Istanbul Stock Exchange. The empirical results suggest that the investor reaction following unexpected news on the ISE100 is consistent with Overreaction Hypothesis especially after unfavorable market surpr...

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Bibliographic Details
Main Author: Yaman Ömer ERZURUMLU
Format: Article
Language:English
Published: Dogus University 2011-08-01
Series:Doğuş Üniversitesi Dergisi
Subjects:
İstanbul Menkul Kıymetler Borsası
Pazar Etkinliği
Aşırı Tepki
Belirsizlik Hipotezi
Belirsizlik
Anormal Getiri
Istanbul Stock Exchange
Market Efficiency
Overreaction
Uncertain Information Hypothesis
Uncertainty
Abnormal Returns
Online Access:http://journal.dogus.edu.tr/index.php/duj/article/view/283

Internet

http://journal.dogus.edu.tr/index.php/duj/article/view/283

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