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Islem Bazli Manipulasyon: Turkiye Ornegi

Author

Listed:
  • Eray GEMICI

    (Gaziantep Universitesi)

  • Mehmet CIHANGIR

    (Osmaniye Korkut Ata Üniversitesi)

  • Emre YAKUT

    (Osmaniye Korkut Ata Universitesi)

Abstract

Bu calismada sermaye piyasasi uzerinde gerceklestirilen manipulasyon turlerinden olan islem bazli manipulasyon incelenmistir. Calismanin veri seti 2001-2014 donemi arasinda Borsa Istanbul’da (BIST) kota olan ve SPK tarafindan manipulasyon gerceklestirdigi tespit edilen sirketlerden hareketle 273 manipulasyon vakasi ele alinmistir. Sirketler tarafindan gerceklestirilen manipulasyonun etkisine yonelik gunluk bazda; getiri, islem hacmi, volatilite ve pay senedi devir hizi degiskenleri kullanilmistir. Siniflandirma islemi; manipulasyon oncesi, manipulasyon donemi ve manipulasyon sonrasi donem dikkate alinarak gerceklestirilmistir. Coklu lojistik regresyon analizi sonucunda degiskenlerin tamaminin istatistiksel acidan anlamli oldugu tespit edilmis ayrica gunluk getiri ve volatilite degiskenlerinin manipulasyon uzerinde daha cok etkiye sahip oldugu tespit edilmistir.

Suggested Citation

  • Eray GEMICI & Mehmet CIHANGIR & Emre YAKUT, 2017. "Islem Bazli Manipulasyon: Turkiye Ornegi," Ege Academic Review, Ege University Faculty of Economics and Administrative Sciences, vol. 17(3), pages 369-380.
    • Handle: RePEc:ege:journl:v:17:y:2017:i:3:p:369-380
    DOI: 10.21121/eab.2017328403
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    References listed on IDEAS

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