PRICING COMMON STOCKS IN EMERGING MARKETS AND THE ROLE OF GLOBAL ECONOMIC POLICY UNCERTAINTY / (Kayıt no. 292888)
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| 000 -BAŞLIK | |
|---|---|
| Sabit Uzunluktaki Kontrol Alanı | 03145nam a22002657a 4500 |
| 003 - KONTROL NUMARASI KİMLİĞİ | |
| Kontrol Alanı | KOHA |
| 005 - EN SON İŞLEM TARİHİ ve ZAMANI | |
| Kontrol Alanı | 20241010084552.0 |
| 008 - SABİT UZUNLUKTAKİ VERİ ÖGELERİ - GENEL BİLGİ | |
| Sabit Alan | 240927d2024 cy d|||| |||| 00| 0 eng d |
| 040 ## - KATALOGLAMA KAYNAĞI | |
| Özgün Kataloglama Kurumu | CY-NiCIU |
| Kataloglama Dili | eng |
| Çeviri Kurumu | CY-NiCIU |
| Açıklama Kuralları | rda |
| 041 ## - DİL KODU | |
| Metin ya da ses kaydının dil kodu | eng |
| 090 ## - Yerel Tasnif No | |
| tasnif no | D 446 |
| Cutter no | A75 2024 |
| 100 1# - KİŞİ ADI | |
| Yazar Adı (Kişi adı) | Arkol, Orbay |
| 245 10 - ESER ADI BİLDİRİMİ | |
| Başlık | PRICING COMMON STOCKS IN EMERGING MARKETS AND THE ROLE OF GLOBAL ECONOMIC POLICY UNCERTAINTY / |
| Sorumluluk Bildirimi | ORBAY ARKOL ; SUPERVISOR, ASSOC. PROF. DR. ASİL AZİMLİ |
| 264 ## - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE, AND COPYRIGHT NOTICE | |
| Date of production, publication, distribution, manufacture, or copyright notice | 2024 |
| 300 ## - FİZİKSEL TANIMLAMA | |
| Sayfa, Cilt vb. | 145 sheets ; |
| Boyutları | 30 cm |
| Birlikteki Materyal | +1 CD ROM |
| 336 ## - CONTENT TYPE | |
| Source | rdacontent |
| Content type term | text |
| Content type code | txt |
| 337 ## - MEDIA TYPE | |
| Source | rdamedia |
| Media type term | unmediated |
| Media type code | n |
| 338 ## - CARRIER TYPE | |
| Source | rdacarrier |
| Carrier type term | volume |
| Carrier type code | nc |
| 502 ## - TEZ NOTU | |
| Tez Notu | Thesis (DBA) - Cyprus International University. Institute of Graduate Studies and Research Business Administration |
| 520 ## - ÖZET NOTU | |
| Özet notu | Understanding emerging market stock returns is crucial due to the unique risk-return profiles and growth opportunities these markets offer, which are distinctly different from those in developed economies. This study provides valuable insights for global investors and aids in developing tailored investment strategies in emerging economies. The thesis investigates the impact of news-based policy uncertainty measures on the cross-section of average stock returns in emerging markets. The study aims to determine whether these policy uncertainty measures provide additional explanatory power beyond the well-established risk factors proposed by Fama and French. Specifically, we control for the five Fama-French risk factors: market risk, size, value, profitability, and investment. Our empirical analysis involves analysing portfolios based on firm characteristics such as size, book-to-market ratio, profitability, and investment. Then the contribution of policy uncertainty measures to the average returns of these portfolios is assed. The findings indicate that the policy uncertainty factors are redundant and do not significantly influence the average returns when the five Fama-French risk factors are taken into account. Furthermore, the inclusion of policy uncertainty factors does not enhance the statistical or economic performance of the Fama-French five-factor model. This suggests that the information content of news-based policy uncertainty measures is already captured by the existing Fama-French risk factors. Our results hold across different specifications and robustness checks, including alternative test statistics and various definitions of policy uncertainty factors. The thesis contributes to the understanding of risk factors in emerging markets by demonstrating that news-based policy uncertainty measures do not offer additional explanatory power for average stock returns beyond the established Fama-French factors. This research has important implications for portfolio management and stock pricing models, highlighting the need to consider the redundancy of certain risk factors in the presence of comprehensive models like the Fama-French five-factor model. |
| 650 #0 - KONU BAŞLIĞI EK GİRİŞ - KONU TERİMİ | |
| Konusal terim veya coğrafi ad | Business Administration |
| Alt başlık biçimi | Dissertations, Academic |
| 700 1# - EK GİRİŞ - KİŞİ ADI | |
| Yazar Adı (Kişi adı) | Azimli, Asil |
| İlişkili Terim | supervisor |
| 942 ## - EK GİRİŞ ÖGELERİ (KOHA) | |
| Sınıflama Kaynağı | Dewey Onlu Sınıflama Sistemi |
| Materyal Türü | Thesis |
| Geri Çekilme Durumu | Kayıp Durumu | Sınıflandırma Kaynağı | Kredi için değil | Koleksiyon Kodu | Kalıcı Konum | Mevcut Konum | Raf Yeri | Kayıt Tarih | Source of acquisition | Toplam Ödünçverme | Yer Numarası | Demirbaş Numarası | Son Görülme Tarihi | Kopya Bilgisi | Fatura Tarihi | Materyal Türü | Genel / Bağış Notu |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dewey Onlu Sınıflama Sistemi | Tez Koleksiyonu | CIU LIBRARY | CIU LIBRARY | Depo | 27.09.2024 | Bağış | D 446 A75 2024 | T3905 | 27.09.2024 | C.1 | 27.09.2024 | Thesis | Business Administration | ||||
| Dewey Onlu Sınıflama Sistemi | Tez Koleksiyonu | CIU LIBRARY | CIU LIBRARY | Görsel İşitsel | 27.09.2024 | Bağış | D 446 A75 2024 | CDT3905 | 27.09.2024 | C.1 | 27.09.2024 | Suppl. CD | Business Administration |