Market reaction to grouping equities in stock markets: An empirical analysis on Borsa Istanbul
The main aim of this study is to investigate the market reaction to stock grouping announcements in Borsa Istanbul which requires stocks to be classified into groups âAâ, âBâ and âCâ according to their market capitalization and floating rates. By utilizing event study analysis, our results suggest t...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2017-12-01
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| Series: | Borsa Istanbul Review |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2214845017300248 |