International Conference on Eurasian Economies
1-3 July 2014 – Skopje, MACEDONIA
Paper detail
Paper ID : 1060
Status : Paper published
Language : English
Topic : Finance and Financial Crises
Presenter: Assoc. Prof. Dr. Sıtkı Sönmezer
Session : 3B Finance II
How to Increase Market Capitalization in Eurasian Markets?
How to Increase Market Capitalization in Eurasian Markets?
- Assoc. Prof. Dr. Sıtkı Sönmezer (Istanbul Commerce University, Türkiye)
- Prof. Dr. İlyas Sözen (Dokuz Eylül University, Türkiye)
Abstract
The objective of the study is to put forth the difference between the characteristics of Eurasian markets and the developing country markets and test convergence hypothesis based on market capitalization. Factors that obstacle foreign investments into these markets are assessed and possible ways to eradicate the gap between these markets is discussed. Market based variables such as number of listed companies is combined with other variables that may shed light to the investment environment to have a better understanding of the factors affecting market capitalization. Multi regression analysis are done for the markets that succeed in coaxing foreign investors and domestic investors to their market and the study highlights the factors that countries need to focus in order to converge to the successful ones.
JEL codes: G15, G11, F19
Sönmezer, Sıtkı, Sözen, İlyas (2014). "How to Increase Market Capitalization in Eurasian Markets?" in Proceedings of International Conference of Eurasian Economies 2014, pp.317-322, Skopje, MACEDONIA.
DOI: https://doi.org/10.36880/C05.01060
