IDEAS home Printed from https://ideas.repec.org/a/hur/ijarbs/v6y2016i12p588-598.html
   My bibliography  Save this article

The Relationship between National Football Teams’ Performance and Stock Markets

Author

Listed:
  • Cengiz Toraman
  • Mehmet Seyhan
  • Mehmet Fatih Bugan
  • Yunus Kilic

Abstract

Investors may sometimes go out of rational behavior in markets depending on their moods. It is stated in the literature that one of the factors affecting the investors' mood is the results of football matches. In this research, the effect of match results of national football teams on stock markets is examined. In this context, England, Italy, France, Spain and Turkey, where football is very popular, are included in the sample. Event study method, which is frequently used in the literature, is used. Findings show that the results of the matches in different countries cause different reactions in the markets; no common result for all countries is obtained.

Suggested Citation

  • Cengiz Toraman & Mehmet Seyhan & Mehmet Fatih Bugan & Yunus Kilic, 2016. "The Relationship between National Football Teams’ Performance and Stock Markets," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 6(12), pages 588-598, December.
    • Handle: RePEc:hur:ijarbs:v:6:y:2016:i:12:p:588-598
    as

    Download full text from publisher

    File URL: http://hrmars.com/hrmars_papers/The_Relationship_between_National_Football_Teams_Performance_and_Stock_Markets.pdf
    Download Restriction: no
    File URL: http://hrmars.com/hrmars_papers/The_Relationship_between_National_Football_Teams_Performance_and_Stock_Markets.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hur:ijarbs:v:6:y:2016:i:12:p:588-598. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Hassan Danial Aslam (email available below). General contact details of provider: http://hrmars.com/index.php/pages/detail/IJARBSS .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.