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The Possible Threat of Speculative Purpose Investments in Stock Price of the Companies

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Financial Strategies in Competitive Markets

Part of the book series: Contributions to Finance and Accounting ((CFA))

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Abstract

Stock markets are defined as the environments where fund suppliers and demanders meet. Firms obtain the funds they need to produce goods and services from individual or corporate investors with excess funds through stock markets. The existence of the relationship between the real sector and the stock market is among the topics discussed. The aim of our study is to investigate the existence of the relationship between the real sector of the stock market in Turkey. In this study, VAR analysis is used as a method and the 2015–2019 period is evaluated. As a result of this analysis, no relation is found between the real sector (agriculture, industry, and services) and the stock market. Based on these analysis results, it has been observed that firms in the stock market face the problem of speculation. As a matter of fact, the main purpose of the- stock exchange is to fund companies in the short term and contribute to their development. In this context, the Istanbul Stock Exchange and Capital Markets Board of Turkey should generate anti-speculation regulations to minimize this problem.

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Authors and Affiliations

  1. Istanbul Medipol University, Istanbul, Turkey

    Irfan Ersin

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  1. Irfan Ersin
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Correspondence to Irfan Ersin .

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Editors and Affiliations

  1. School of Business and Management, Istanbul Medipol University, Istanbul, Turkey

    Hasan Dinçer

  2. Istanbul Medipol University, Istanbul, Turkey

    Serhat Yüksel

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Ersin, I. (2021). The Possible Threat of Speculative Purpose Investments in Stock Price of the Companies. In: Dinçer, H., Yüksel, S. (eds) Financial Strategies in Competitive Markets. Contributions to Finance and Accounting. Springer, Cham. https://doi.org/10.1007/978-3-030-68612-3_8

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