Article Information |
Journal: |
Business and Economics Research Journal |
Title of Article: |
The Impact of Brand Value on Stock Returns: A Empirical Reseach on the BİST |
Author(s): |
Ali Bayrakdaroglu, Cagatay Mirgen |
Volume: |
7 |
Number: |
3 |
Year: |
2016 |
Page: |
111-123 |
ISSN: |
1309-2448 |
DOI Number: |
10.20409/berj.2016321811 |
|
Abstract |
Brands and branding have come into prominence nowadays and become a must of products and services. This situation lead the need for calculation of brand value. Evaluation of brand value as a financial performance criteria in modern business brings if brand value has an impact on share earning into question. This study aims at presenting whether the brand value of a company affects the share earnings. For this, panel regression was performed considering the brand values and share earnings of companies selected from Brand Finance and İstanbul Stock Exchange. As a result, it was reached that there is a significant and positive relationship between brand value and share earning. |
Keywords: |
Value, Brand Value, Valuation Method of Brand, BİST, Panel Data Regression |
|
JEL Classification: |
C33, G12, G32, M31 |
|