Author/Authors
gemici, eray gaziantep üniversitesi, Turkey , cihangir, mehmet osmaniye korkut ata üniversitesi, Turkey , yakut, emre osmaniye korkut ata üniversitesi, Turkey
Title Of Article
Trade-Based Manipulation: The Case of Turkey
شماره ركورد
44581
Abstract
In this study one of the manipulation types in the capital market, namely the trade-based manipulation was investigated. Data set for the study was gathered from 273 manipulation cases which were examined with reference to the companies detected by SPK (Capital Markets Board) to have manipulated the markets and quoted in Borsa İstanbul (BIST) in the period between 2001-2014. For the effect of manipulations by the companies, variables of daily return, trading volume, volatility and stock turnover rate were used. The process was classified as pre-manipulation period, manipulation period and post manipulation period. As a result of the study, according to the multiple logistic regression, all variables were found to be statistically significant; moreover, it was also found that daily return and volatility variables have more effect on manipulation.
From Page
369
NaturalLanguageKeyword
Trade , based manipulation , Capital markets , Multiple logistic regression
JournalTitle
Ege Academic Review (EAR)
To Page
380
JournalTitle
Ege Academic Review (EAR)
Link To Document