An examination of investor reaction to unexpected political and economic events in Turkey

We investigate investor reaction to the arrival of unexpected information in Turkey from 1997 to 2004. Daily stock returns are used to test two behavioral hypotheses regarding investor reaction to news: The Overreaction Hypothesis (OH) and the Uncertain Information Hypothesis (UIH). We find no evide...

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Bibliographic details
Volume: 18
Main Author: Mehdian, Seyed
Nas, Tevfik
Perry, Mark J
Format: Journal Article
Language: English
Place of publication: Greenwich Elsevier Inc 2008
Elsevier
Elsevier Science Ltd
published in: Global finance journal Vol. 18; no. 3; pp. 337 - 350
Data of publication: 2008
ISSN: 1044-0283
1873-5665
EISSN: 1873-5665
Discipline: Business
Series: Global Finance Journal
Subjects:
G15
G14
Online Access: available in Bonn?
Database: RePEc IDEAS
RePEc
CrossRef
ProQuest One Business
ProQuest One Business (Alumni)
Database information Databases - DBIS