{"id":71093,"date":"2018-01-25T17:10:14","date_gmt":"2018-01-25T14:10:14","guid":{"rendered":"https:\/\/www.enerjigazetesi.ist\/?p=71093"},"modified":"2018-01-25T17:10:14","modified_gmt":"2018-01-25T14:10:14","slug":"petrol-emtia-fiyatlari-ve-enerji-sirketlerinin-hisse-getiri-davranislari","status":"publish","type":"post","link":"https:\/\/www.enerjigazetesi.ist\/en\/petrol-emtia-fiyatlari-ve-enerji-sirketlerinin-hisse-getiri-davranislari\/","title":{"rendered":"(Turkish) Petrol Emtia Fiyatlar\u0131 ve Enerji \u015eirketleri\u2019nin Hisse Getiri Davran\u0131\u015flar\u0131…"},"content":{"rendered":"

Sorry, this entry is only available in Turkish<\/a>. For the sake of viewer convenience, the content is shown below in the alternative language. You may click the link to switch the active language.<\/p>

Prof.Dr. Veysel Ulusoy ve Caner \u00d6zdurak taraf\u0131ndan Yeditepe \u00dcniversitesi Finansal Ekonomi b\u00f6l\u00fcm\u00fc b\u00fcnyesinde ger\u00e7ekle\u015ftirilen \u201cThe Impact of Oil Price Volatility to Oil and Gas Company Stock Returns and Emerging Economies\u201d adl\u0131 ara\u015ft\u0131rma International Journal of Energy Economics and Policy\u2019nin son say\u0131s\u0131nda yay\u0131mland\u0131.<\/strong><\/p>\n

Ara\u015ft\u0131rmada petrol fiyatlar\u0131n\u0131n k\u00fcresel enerji piyasas\u0131n\u0131n \u00f6nemli akt\u00f6rlerlerinin hisse senedi getirilerine olan etkileri ile geli\u015fmekte olan \u00fclke para birimleri \u00fczerindeki etkileri incelendi. Caner \u00d6zdurak \"\"(Yeditepe \u00dcniversitesi doktora \u00f6\u011frencisi ve EWE Turkey Holding Kurumsal Geli\u015ftirme M\u00fcd\u00fcr\u00fc) \u00e7al\u0131\u015fman\u0131n literat\u00fcrdeki di\u011fer \u00e7al\u0131\u015fmalara yapt\u0131\u011f\u0131 katk\u0131y\u0131 k\u0131saca \u00a0\u201cveri setinde 2014 y\u0131l\u0131nda ba\u015flayan ve hen\u00fcz eski y\u00fcksek de\u011ferlerine d\u00f6nemeyen petrol krizi d\u00f6nemini de i\u00e7ermesi ve enerji sekt\u00f6r\u00fcndeki stratejik hamleleri ekonometrik model sonu\u00e7lar\u0131 ile ili\u015fkilendirmesi\u201d olarak a\u00e7\u0131kl\u0131yor.<\/p>\n

\u0130ncelenen veri seti 4 Ocak 2000 ile 9 \u015eubat 2017 aras\u0131n\u0131 i\u00e7ermekle birlikte 1 Kas\u0131m 2017 ile 9 \u015eubat 2017 aras\u0131n\u0131 kapsayan bir altk\u00fcme de \u201ck\u00fcresel petrol krizi\u201d olarak tan\u0131mlan\u0131p ayr\u0131ca incelendi. Asimetrik beklenti olu\u015fum s\u00fcre\u00e7lerine izin veren EGARCH tahmin y\u00f6ntemi kullan\u0131larak elde edilen tahmin sonu\u00e7lar\u0131 ve elde edilen Haber Etki E\u011frileri (News Impact Curve)\u2019nin g\u00f6sterdi\u011fi \u00fczere petrol fiyatlar\u0131ndaki negatif \u015foklar, pozitif \u015foklardan daha fazla belirsizlik yaratmaktad\u0131r. Exxon ve Chevron gibi k\u00fcresel enerji sekt\u00f6r\u00fcn\u00fcn \u00f6nemli oyuncular\u0131n\u0131n hisse senedi getirilerinde ise negatif ve pozitif \u015foklar neredeyse simetrik bir belirsizlik yarat\u0131rken Hess Corp hisse getirilerinde negatif \u015foklar pozitif \u015foklara g\u00f6re daha fazla belirsizlik yaratmaktad\u0131r. Conoco Phillips hisse getirilerinde pozitif \u015foklar negatif \u015foklara g\u00f6re daha fazla belirsizlik yaratmaktad\u0131r. BP\u2019nin hisse getirilerinde ise petrol krizi d\u00f6nemi ile incelenen b\u00fct\u00fcn d\u00f6nem aras\u0131nda davran\u0131\u015f farkl\u0131l\u0131klar\u0131 g\u00f6zlenmi\u015ftir. Petrol krizi s\u00fcrece denk gelen d\u00f6nemde pozitif \u015foklar negatif \u015foklara g\u00f6re daha fazla belirsizlik yarat\u0131rken 2000-2017 aras\u0131ndaki b\u00fct\u00fcn d\u00f6neme bakt\u0131\u011f\u0131m\u0131zda negatif \u015foklar\u0131n pozitif \u015foklara g\u00f6re daha fazla belirsizlik yaratt\u0131\u011f\u0131n\u0131 g\u00f6rmekteyiz.<\/p>\n

B\u00fct\u00fcn bu detayl\u0131 sonu\u00e7lara bak\u0131ld\u0131\u011f\u0131nda \u00f6zetlenmesi gereken husus petrol emtia fiyatlar\u0131 ile enerji sekt\u00f6r\u00fcnde faaliyet g\u00f6steren \u015firketlerin hisse getirilerinin farkl\u0131 \u015foklara farkl\u0131 tepkiler vermesidir. Dolay\u0131s\u0131yla \u015firket hisseleri ve \u015firket de\u011ferlerini analiz ederken ele al\u0131na \u015firketlerin \u00fcr\u00fcn portf\u00f6ylerinin, stratejik hedeflerinin, faaliyet g\u00f6sterdikleri b\u00f6lgelerin ve bilan\u00e7o kompozisyonlar\u0131n\u0131n de\u011fi\u015fmesi sonucu emtialardan ayr\u0131\u015fan performanslar sergiledikleri dikkat edilmesi gereken bir konu.<\/p>\n

Bir\u00e7ok farkl\u0131 model ve sonu\u00e7lar\u0131 hakk\u0131nda detayl\u0131 incelemek isteyenler i\u00e7in \u00e7al\u0131\u015fmaya https:\/\/www.econjournals.com\/index.php\/ijeep\/article\/view\/5779\/3511<\/a> ba\u011flant\u0131s\u0131ndan da ula\u015f\u0131labilmektedir.<\/p>","protected":false},"excerpt":{"rendered":"

Sorry, this entry is only available in Turkish. For the sake of viewer convenience, the content is shown below in the alternative language. You may click the link to switch the active language.Prof.Dr. Veysel Ulusoy ve Caner \u00d6zdurak taraf\u0131ndan Yeditepe \u00dcniversitesi Finansal Ekonomi b\u00f6l\u00fcm\u00fc b\u00fcnyesinde ger\u00e7ekle\u015ftirilen \u201cThe Impact of Oil Price Volatility to Oil and […]<\/p>\n","protected":false},"author":1,"featured_media":71094,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[53,44],"tags":[34667,67,1009,34935,34936,34668,34669],"views":1511,"_links":{"self":[{"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/posts\/71093"}],"collection":[{"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/comments?post=71093"}],"version-history":[{"count":1,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/posts\/71093\/revisions"}],"predecessor-version":[{"id":71095,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/posts\/71093\/revisions\/71095"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/media\/71094"}],"wp:attachment":[{"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/media?parent=71093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/categories?post=71093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/tags?post=71093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}