Finansal Kriz Dönemlerinde Yatırımcı Tercihlerinin Etkenleri: 2001 Krizi Üzerine Bir Araştırma
The Determinants of Investor Preferences during the Financial Crisis Periods: A Study on 2001 Crisis
Author(s): Gülfen Tuna, Ahmet Selçuk DizkırıcıSubject(s): Economy, Economic history, Transformation Period (1990 - 2010), Financial Markets
Published by: İşletme Araştırmaları Dergisi
Keywords: Portfolio Selection; Markowitz Model; Ratio Analysis; Istanbul Stock Exchange;
Summary/Abstract: The study is targeting to examine the effects of 2001 financial crisis on the shares included in the lowest-risk portfolios of Istanbul Stock Exchange. To this end; monthly returns data of all shares traded in Istanbul Stock Exchange between 2000:11-2002:09 term, are evaluated. While portfolio selection is carried out via Markowitz Model, the effects of 2001 financial crisis are examined whereby ratio analysis. The findings display that the firms examined have benefited from the positive impact of exporting, furthermore, the amounts of short term debts are increased. Besides, both stock retention and receivable collection periods of the mentioned firms are decreased.
Journal: İşletme Araştırmaları Dergisi
- Issue Year: 5/2013
- Issue No: 2
- Page Range: 141-158
- Page Count: 18
- Language: Turkish