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Soccer, stock returns and fanaticism: Evidence from Turkey

Authors :
Berument, M. Hakan
Ceylan, Nildag Basak
Ogut-Eker, Gulin
Source :
Social Science Journal. 2009, Vol. 46 Issue 3, p594-600. 7p.
Publication Year :
2009

Abstract

Abstract: This paper assesses the effect of three major soccer teams’ wins on the returns of the Istanbul Stock Exchange (ISE). We argue that the effect of soccer wins on ISE returns increases with the fanaticism of the teams’ supporters. [Copyright &y& Elsevier]

Subjects

Subjects :
*SOCCER
*RATE of return
*SOCCER teams
*FANATICISM
*SOCCER fans
*FINANCIAL performance
*ENTHUSIASM
*ECONOMICS

Details

Language :
English
ISSN :
03623319
Volume :
46
Issue :
3
Database :
Academic Search Index
Journal :
Social Science Journal
Publication Type :
Academic Journal
Accession number :
43525399
Full Text :
https://doi.org/10.1016/j.soscij.2009.06.001
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