Corporate bonds and stock prices: a coherency analysis in europe
| dc.contributor.author | Buda, Arif | |
| dc.contributor.author | Özdeşer, Hüseyin | |
| dc.contributor.author | Saliminezhad, Andisheh | |
| dc.date.accessioned | 2021-01-22T09:16:59Z | |
| dc.date.available | 2021-01-22T09:16:59Z | |
| dc.date.issued | 2020 | en_US |
| dc.department | İstanbul Ticaret Üniversitesi | en_US |
| dc.description.abstract | This paper aims to find a coherent relationship between stock prices and bond yields on the day of issue. We show that stock prices seem to have a weak positive relationship with yields as investors seem to consider the underlying health of a firm before investing their money in either security. This contrasts with earlier research and falls in line with later research. The findings show that one percentage increase in share price on date of issue has the potential to raise yields by 0.20% given the near-zero interest environment of the euro. | en_US |
| dc.identifier.endpage | 124 | en_US |
| dc.identifier.issue | 2 | en_US |
| dc.identifier.startpage | 117 | en_US |
| dc.identifier.uri | https://hdl.handle.net/11467/4367 | |
| dc.identifier.volume | 6 | en_US |
| dc.language.iso | en | en_US |
| dc.publisher | İstanbul Ticaret Üniversitesi | en_US |
| dc.relation.ispartof | International Journal of Commerce and Finance | en_US |
| dc.relation.publicationcategory | Makale - Uluslararası Hakemli Dergi - Başka Kurum Yazarı | en_US |
| dc.rights | info:eu-repo/semantics/openAccess | en_US |
| dc.subject | Corporate Bonds | en_US |
| dc.subject | Stock Market | en_US |
| dc.subject | European Market | en_US |
| dc.title | Corporate bonds and stock prices: a coherency analysis in europe | en_US |
| dc.type | Article | en_US |
