Analysis of the effects of research and development expenditures on stock prices-the Turkish case

Gündüz, Yalın


An analysis of stock splitz in the İstanbul Stock Exchange
Yılmaz, Işıl Sevilay; Rhoades, Seza Danışoğlu; Department of Business Administration (2003)
The primary purpose of this study is to test the validity of the trading range hypothesis as a basis for stock split decisions of Turkish companies. In the first part, the liquidity effects of stock splits on Turkish stocks are examined. Second, the optimal trading ranges for different-sized firms and firms with different investor bases are determined. Finally, the main empirical question of the study is analyzed by testing whether or not Turkish firms whose share prices rise above their optimal trading ran...
Cross sectional determinants of Turkish stock market returns
Çeliker, Umut; Rhoades, Seza; Department of Business Administration (2004)
This thesis analyzes the relationship between stock returns and firm-specific characteristics including market beta, size, book-to-market ratio, leverage, earnings yield, net sales-to-price ratio and prior return performance in Istanbul Stock Exchange during the period 1993-2003. Moreover, the predictability of some macroeconomic variables based on the stock market return behavior is investigated.
How does the stock market volatility change after inception of futures trading?
Esen, İnci; Danışoğlu, Seza; Department of Financial Mathematics (2007)
As the trading volume in TURKDEX, the first and only options and futures exchange in Turkey, increases, it becomes more important to have an understanding of the effect of stock index futures trading on the underlying spot market volatility. In this respect, this thesis analyzes the effect of ISE-National 30 index futures contract trading on the underlying stocks’ volatility. In this thesis, spot portfolio volatility is decomposed into two components and this decomposition is applied to a single-factor retu...
Volatility indexes and an implementation of the Turkish BIST 30 index
Karakurt, Caner; Uğur, Ömür; Department of Financial Mathematics (2018)
In 1993, by representing of CBOE Vix, global financial markets met volatility indexes. In 2003, methodology of the CBOE Vix is updated and it took the form which used today. Day after day, volatility indexes have attracted more and more investors and financial institutions, and soon volatility indexes have succeeded in becoming one of the most followed financial indicators. Following these developments, many countries have introduced their implied volatility indexes by using CBOE Vix methodology or its vari...
Indicator-based evaluation of inter-linkages between different sustainable development objectives (INDI-LINK)
Kalaycıoğlu, Hediye Sibel(2006-11-31)
The INDI-LINK project has three main objectives: (1) further improvement of sustainable development indicators (SDI), (2) assessment of interlinkages between the different priorities of the EU SDS and (3) deriving conclusions for future SD policy making. To achieve these objectives, INDI-LINK will develop new concepts and methods and improve data for the calculation of selected 'best-needed' and proxy indicators; test different methods for extending indicator time series through forecasting; review emer...
Citation Formats
Y. Gündüz, “Analysis of the effects of research and development expenditures on stock prices-the Turkish case,” M.S. - Master of Science, Middle East Technical University, 2002.