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...

Full description

Bibliographic Details
Main Author: Aslıhan BOZCUK
Format: Article
Language:English
Published: Social Sciences Research Society 2010-01-01
Series:International Journal of Economics and Finance Studies
Online Access:http://www.sobiad.org/eJOURNALS/journal_IJEF/archieves/2010_1/01aslihan_bozcuk1.pdf