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https://www.um.edu.mt/library/oar/handle/123456789/25944
Title: | The portfolio diversification between stock exchanges : analyzing relationship between Turkey and five OECD countries |
Other Titles: | Ulke borsalari arasinda portfoy cesitlendirmesi : Turkiye ile bes OECD ulkesi arasindaki iliskinin analizi |
Authors: | Ozeralp Zeren, Ayse Gul Konuk, Filiz Zeren, Feyyaz |
Keywords: | Portfolio management Stock exchanges -- Turkey Brokers -- Accounting OECD countries |
Issue Date: | 2015 |
Publisher: | Ahmet Gökgöz |
Citation: | Ozeralp Zeren, A. G., Konuk, F., & Zeren, F. (2015). The portfolio diversification between stock exchanges : analyzing relationship between Turkey and five OECD countries. Journal of Accounting, Finance and Auditing Studies, 1(2), 22-33. |
Abstract: | It is know that portfolio theory is accepted as keystone of finance. In this paper, Maki (2012) cointegration test that allow more than two structural breaks is used in order to analyze integration of Turkey and some OECD countries stock market. Moreover, Carrion-i Sylvestre (2009) unit root test that both allow more than two structural breaks and determine endogenously structural breaks is used in determining stationary level of series. As a result of this study, in the interval period from 1990 to 2013, investors can make portfolio diversification with investing Borsa İstanbul and only Netherland Stock Market according to achieved findings. Whereby, investors will be able to minimize their risks. |
URI: | https://www.um.edu.mt/library/oar//handle/123456789/25944 |
Appears in Collections: | Journal of Accounting, Finance and Auditing Studies, Volume 1, Issue 2 Journal of Accounting, Finance and Auditing Studies, Volume 1, Issue 2 |
Files in This Item:
File | Description | Size | Format | |
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JAFAS, 1(2) - A2.pdf | 287.02 kB | Adobe PDF | View/Open |
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