İstanbul Menkul Kıymetler Borsası’nda Düşük Fiyatlandırma ve Aracılık Türü, Arz Yılı, Aracı Kurum Etkileri Üzerine Bir Araştırma = An Investigation for Underpricing in Initial Public Offerings and Underwriting Type, Offering Year, Intermediary Institution in Istanbul Stock Exchange

In this study which aims to determine whether there exits underpricing in İstanbul Stock Exchange, short, medium and long term price performances of 40 stocks initally offered in 1993-2006 period by only one underwriter have been investigated. Consequently it appeared that 31 of these stocks on the...

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Main Authors: Gökçe Yıldız SAĞLAM, Arzum Erken ÇELİK
Format: Article
Language:English
Published: Dogus University 2011-08-01
Series:Doğuş Üniversitesi Dergisi
Subjects:
Online Access:http://journal.dogus.edu.tr/index.php/duj/article/view/312
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spelling doaj-5852cbbb04634758bc62227e2743c3b42020-11-24T22:37:34ZengDogus UniversityDoğuş Üniversitesi Dergisi1302-67391308-69792011-08-01122289303İstanbul Menkul Kıymetler Borsası’nda Düşük Fiyatlandırma ve Aracılık Türü, Arz Yılı, Aracı Kurum Etkileri Üzerine Bir Araştırma = An Investigation for Underpricing in Initial Public Offerings and Underwriting Type, Offering Year, Intermediary Institution in Istanbul Stock ExchangeGökçe Yıldız SAĞLAMArzum Erken ÇELİKIn this study which aims to determine whether there exits underpricing in İstanbul Stock Exchange, short, medium and long term price performances of 40 stocks initally offered in 1993-2006 period by only one underwriter have been investigated. Consequently it appeared that 31 of these stocks on the first offering date and 24 of them in the first dealing month had been underpriced. Also existance of underwriting type, offering year and intermediary institution effects on this matter of fact has been searched by ANOVA. But following this search any significant effect of these variables on underpricing could not be found.http://journal.dogus.edu.tr/index.php/duj/article/view/312Halka İlk ArzDüşük FiyatlandırmaAracılık Türü EtkisiArz Yılı EtkisiAracı Kurum Etkisi
collection DOAJ
language English
format Article
sources DOAJ
author Gökçe Yıldız SAĞLAM
Arzum Erken ÇELİK
spellingShingle Gökçe Yıldız SAĞLAM
Arzum Erken ÇELİK
İstanbul Menkul Kıymetler Borsası’nda Düşük Fiyatlandırma ve Aracılık Türü, Arz Yılı, Aracı Kurum Etkileri Üzerine Bir Araştırma = An Investigation for Underpricing in Initial Public Offerings and Underwriting Type, Offering Year, Intermediary Institution in Istanbul Stock Exchange
Doğuş Üniversitesi Dergisi
Halka İlk Arz
Düşük Fiyatlandırma
Aracılık Türü Etkisi
Arz Yılı Etkisi
Aracı Kurum Etkisi
author_facet Gökçe Yıldız SAĞLAM
Arzum Erken ÇELİK
author_sort Gökçe Yıldız SAĞLAM
title İstanbul Menkul Kıymetler Borsası’nda Düşük Fiyatlandırma ve Aracılık Türü, Arz Yılı, Aracı Kurum Etkileri Üzerine Bir Araştırma = An Investigation for Underpricing in Initial Public Offerings and Underwriting Type, Offering Year, Intermediary Institution in Istanbul Stock Exchange
title_short İstanbul Menkul Kıymetler Borsası’nda Düşük Fiyatlandırma ve Aracılık Türü, Arz Yılı, Aracı Kurum Etkileri Üzerine Bir Araştırma = An Investigation for Underpricing in Initial Public Offerings and Underwriting Type, Offering Year, Intermediary Institution in Istanbul Stock Exchange
title_full İstanbul Menkul Kıymetler Borsası’nda Düşük Fiyatlandırma ve Aracılık Türü, Arz Yılı, Aracı Kurum Etkileri Üzerine Bir Araştırma = An Investigation for Underpricing in Initial Public Offerings and Underwriting Type, Offering Year, Intermediary Institution in Istanbul Stock Exchange
title_fullStr İstanbul Menkul Kıymetler Borsası’nda Düşük Fiyatlandırma ve Aracılık Türü, Arz Yılı, Aracı Kurum Etkileri Üzerine Bir Araştırma = An Investigation for Underpricing in Initial Public Offerings and Underwriting Type, Offering Year, Intermediary Institution in Istanbul Stock Exchange
title_full_unstemmed İstanbul Menkul Kıymetler Borsası’nda Düşük Fiyatlandırma ve Aracılık Türü, Arz Yılı, Aracı Kurum Etkileri Üzerine Bir Araştırma = An Investigation for Underpricing in Initial Public Offerings and Underwriting Type, Offering Year, Intermediary Institution in Istanbul Stock Exchange
title_sort i̇stanbul menkul kıymetler borsası’nda düşük fiyatlandırma ve aracılık türü, arz yılı, aracı kurum etkileri üzerine bir araştırma = an investigation for underpricing in initial public offerings and underwriting type, offering year, intermediary institution in istanbul stock exchange
publisher Dogus University
series Doğuş Üniversitesi Dergisi
issn 1302-6739
1308-6979
publishDate 2011-08-01
description In this study which aims to determine whether there exits underpricing in İstanbul Stock Exchange, short, medium and long term price performances of 40 stocks initally offered in 1993-2006 period by only one underwriter have been investigated. Consequently it appeared that 31 of these stocks on the first offering date and 24 of them in the first dealing month had been underpriced. Also existance of underwriting type, offering year and intermediary institution effects on this matter of fact has been searched by ANOVA. But following this search any significant effect of these variables on underpricing could not be found.
topic Halka İlk Arz
Düşük Fiyatlandırma
Aracılık Türü Etkisi
Arz Yılı Etkisi
Aracı Kurum Etkisi
url http://journal.dogus.edu.tr/index.php/duj/article/view/312
work_keys_str_mv AT gokceyıldızsaglam istanbulmenkulkıymetlerborsasındadusukfiyatlandırmavearacılıkturuarzyılıaracıkurumetkileriuzerinebirarastırmaaninvestigationforunderpricingininitialpublicofferingsandunderwritingtypeofferingyearintermediaryinstitutioninistanbulstockexchange
AT arzumerkencelik istanbulmenkulkıymetlerborsasındadusukfiyatlandırmavearacılıkturuarzyılıaracıkurumetkileriuzerinebirarastırmaaninvestigationforunderpricingininitialpublicofferingsandunderwritingtypeofferingyearintermediaryinstitutioninistanbulstockexchange
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