Title of article :
An Application on Performances of the Turkish and Foreign Football Teams in Their Stock Markets
Author/Authors :
ZEREN, Feyyaz Sakarya Üniversitesi - İşletme Bölümü, Turkey , GÜMÜŞ, Fatih B. Sakarya Üniversitesi - İşletme Bölümü, Turkey
Abstract :
The aim of this study is determination of relationship presence between 8 teams’ win-defeat and stock market performance. These teams are incorporate status at their stock market and their shares trade in markets. Turkish teams consist of Besiktaş, Galatasaray, Fenerbahce and Trabzonspor. Other teams were choosed among the European teams. Other 4 teams consist of AS Roma, Borussia Dortmund, Olimpique Lyon and Juventus. We determined 4 football seasons which are 2007-2011 as base. We used SPPS and practiced T test. In according to the result of test and analysis, Galatasaray is only one team having significant relationship between teams’ victory and stock performance. On the contrary of this result, Fenerbahce, Juventus, Roma and Borussia Dortmund have relationship between teams’ defeat and stock performance.
Keywords :
Football Teams , Stock Performance , T , Test , Football
Journal title :
Cankiri Karatekin University Journal of the Faculty of Economics and Administrative Sciences
Journal title :
Cankiri Karatekin University Journal of the Faculty of Economics and Administrative Sciences