Cross sectional determinants of Turkish stock market returns

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Date

2004

Author

Çeliker, Umut

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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.

Subject Keywords

Stock exchanges.

URI

http://etd.lib.metu.edu.tr/upload/12605243/index.pdf
https://hdl.handle.net/11511/14495

Collections

Graduate School of Social Sciences, Thesis

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Citation Formats

U. Çeliker, “Cross sectional determinants of Turkish stock market returns,” M.B.A. - Master of Business Administration, Middle East Technical University, 2004.