When Stock Market Investors Breathe Polluted Air

dc.authorid0000-0003-4034-269X
dc.authorid0000-0003-3135-5317
dc.contributor.authorDemir, Ender
dc.contributor.authorErsan, Oguz
dc.date.accessioned2025-05-10T19:54:06Z
dc.date.issued2016
dc.departmentİstanbul Medeniyet Üniversitesi
dc.description15th Eurasia-Business-and-Economics-Society (EBES) Conference -- JAN 08-10, 2015 -- Inst Univ Lisboa, ISCTE, Lisbon, PORTUGAL
dc.description.abstractThe finance literature documents a strong relationship between mood effects and stock market returns. Air pollution is one of the factors affecting people both physiologically and mentally. This study examines the impact of air pollution sourced mood change on stock returns in Turkey. We find that lag of air pollution in the three most populated cities of Turkey where the majority of investors live is negatively related to stock returns, even when other variables are controlled. On the contrary, the relationship doesn't exist for the air pollution in other cities of Turkey.
dc.description.sponsorshipEurasia Business & Econ Soc
dc.identifier.doi10.1007/978-3-319-27573-4_46
dc.identifier.endpage720
dc.identifier.isbn978-3-319-27573-4
dc.identifier.isbn978-3-319-27572-7
dc.identifier.issn2364-5067
dc.identifier.scopus2-s2.0-85072565810
dc.identifier.scopusqualityQ4
dc.identifier.startpage705
dc.identifier.urihttps://doi.org/10.1007/978-3-319-27573-4_46
dc.identifier.urihttps://hdl.handle.net/20.500.14730/12944
dc.identifier.volume3-2
dc.identifier.wosWOS:000387429800046
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherSpringer Int Publishing Ag
dc.relation.ispartofEntrepreneurship, Business and Economics, Vol 2
dc.relation.publicationcategoryKonferans Öğesi - Uluslararası - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_WOS_20250302
dc.subjectAir pollution
dc.subjectStock returns
dc.subjectTurkey
dc.subjectBorsa Istanbul
dc.subjectInvestor mood
dc.titleWhen Stock Market Investors Breathe Polluted Air
dc.typeConference Object

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