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Profitability Effects of Owning a Group Affiliated Media Institution: An Emerging Market Case

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  • Deniz Ilalan

    (Department of Financial Mathematics, Institute of Applied Mathematics, Middle East Technical University, Ankara, Turkey)

Abstract

This study focuses on the performance effects of having a group affiliated media institution under the group umbrella. Existence of a media institution is expected to increase the overall group performance. The econometric model is based on the annual data between 2000-2010 for an emerging market, Turkey. It is found that owning a media institution significantly has a positive impact on the performance of group firms.

Suggested Citation

  • Deniz Ilalan, 2014. "Profitability Effects of Owning a Group Affiliated Media Institution: An Emerging Market Case," Econometrics Letters, Bilimsel Mektuplar Organizasyonu (Scientific letters), vol. 1(2), pages 17-24.
    • Handle: RePEc:bmo:bmoart:v:1:y:2014:i:2:p:7-24
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    References listed on IDEAS

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    More about this item

    Keywords

    Panel Data; Emerging Market; Media Institution.;
    All these keywords.

    JEL classification:

    • C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General
    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • F31 - International Economics - - International Finance - - - Foreign Exchange

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