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Impacts of Credit Rating Changes on Borsa Istanbul (Bist) Equity Market

dc.contributor.author Pirgaip, Burak
dc.contributor.authorID 252136 tr_TR
dc.contributor.other 03.01. Bankacılık ve Finans
dc.contributor.other 03. İktisadi ve İdari Birimler Fakültesi
dc.contributor.other 01. Çankaya Üniversitesi
dc.date.accessioned 2020-02-28T08:27:58Z
dc.date.accessioned 2025-09-18T12:08:39Z
dc.date.available 2020-02-28T08:27:58Z
dc.date.available 2025-09-18T12:08:39Z
dc.date.issued 2017
dc.description.abstract This study aims at analyzing the impacts of Turkey's sovereign credit rating upgrades and downgrades made by Moody's Investors Service (Moody's), Standard and Poor's (S&P) and Fitch Ratings (Fitch) in 1993-2016 period on Borsa Istanbul (BIST) Equity Market. Event study analysis results show that abnormal returns concur with the relevant rating decision both before and at the event date. However, the effects are reversed afterwards. Moreover, it is apparent that negative sided rating changes have more significance over abnormal returns when compared with positive sided ones. en_US
dc.identifier.citation Pirgaip, Burak, "Impacts of credit rating changes on borsa Istanbul (BIST) equity market", Ege Academic Review, Vol.17, No.3, pp.351-367, (2017). en_US
dc.identifier.doi 10.21121/eab.2017328402
dc.identifier.issn 1303-099X
dc.identifier.uri https://doi.org/10.21121/eab.2017328402
dc.identifier.uri https://hdl.handle.net/123456789/11160
dc.language.iso tr en_US
dc.publisher Ege Univ, Fac Economics & Admin Sciences en_US
dc.rights info:eu-repo/semantics/closedAccess en_US
dc.subject Credit Rating en_US
dc.subject Sovereign Credit Ratings en_US
dc.subject Event Study en_US
dc.title Impacts of Credit Rating Changes on Borsa Istanbul (Bist) Equity Market en_US
dc.title Impacts of credit rating changes on borsa Istanbul (BIST) equity market tr_TR
dc.type Article en_US
dspace.entity.type Publication
gdc.author.institutional Pirgaip, Burak
gdc.author.wosid Pirgaip, Burak/Abe-9063-2022
gdc.description.department Çankaya University en_US
gdc.description.departmenttemp [Pirgaip, Burak] Cankaya Univ, Ankara, Turkey en_US
gdc.description.endpage 367 en_US
gdc.description.issue 3 en_US
gdc.description.publicationcategory Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı en_US
gdc.description.startpage 351 en_US
gdc.description.volume 17 en_US
gdc.description.woscitationindex Emerging Sources Citation Index
gdc.identifier.openalex W2730058264
gdc.identifier.wos WOS:000410814800004
gdc.openalex.fwci 0.0
gdc.openalex.normalizedpercentile 0.12
gdc.opencitations.count 2
gdc.plumx.mendeley 2
gdc.wos.citedcount 0
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