PRICE REACTION TO CORPORATE GOVERNANCE RATING ANNOUNCEMENTS AT THE ISTANBUL STOCK EXCHANGE
The purpose of this paper is to investigate the price reaction to corporate governance rating announcements at the Istanbul Stock Exchange and to identify the factors which could be driving the results. Using an event study analysis framework, the cumulative abnormal returns (AR) are calculated for...
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Format: | Article |
Language: | English |
Published: |
Social Sciences Research Society
2010-01-01
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Series: | International Journal of Economics and Finance Studies |
Online Access: | http://www.sobiad.org/eJOURNALS/journal_IJEF/archieves/2010_1/01aslihan_bozcuk1.pdf |