dc.description.abstract | This study was carried out in order to determine how the material event
disclosures made by banks whose stocks are traded on BIST and signed syndicated loan agreements between 01.01.2009-31.12.2018, affect the stock
returns. In the study, the effect of 160 syndicated loan notifications belonging to
13 banks on stock prices was analyzed by case study method. The 10-day period before and after the contract announcement for syndicated loans, the
event window and the period covering the 90 trading days before the event
window are considered as the forecast window. As a result of the analysis of the
contract notifications of syndicated loans, it was concluded that it was not possible to obtain an abnormal return from the bank stocks within the scope of
BIST before and after the event. | en_US |