Stock price reaction for scoring on corporate governance
Yükleniyor...
Dosyalar
Tarih
2014-06-19
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Elsevier Science BV
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
There is a widely heralded need for improved corporate governance practices in order to stave off potential turbulences in financial markets. Corporate governance index enables investors to monitor the compliance level of firms with corporate governance principles. This study attempts to examine whether the market players in Borsa Istanbul recognize the value of getting a corporate governance score in the period of 2007 and 2013. The initial evidence supports that the market players value the scoring and the market price of firms announcing the scoring shows a sharp increase in the first announcement day and this dies out over the next 10 days.
Açıklama
Anahtar Kelimeler
Corporate governance index, Financial performance, Stock prices, Turkey
Kaynak
10th International Strategic Management Conference
WoS Q Değeri
N/A
Scopus Q Değeri
Cilt
150
Sayı
Künye
Teker, S. & Yüksel, A. H. (2014). Stock price reaction for scoring on corporate governance. Paper presented at the Procedia - Social and Behavioral Sciences, 150, 985-992. doi:10.1016/j.sbspro.2014.09.101
