Profitability Effects of Owning a Group Affiliated Media Institution: An Emerging Market Case
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Deniz Ilalan: Department of Financial Mathematics, Institute of Applied Mathematics, Middle East Technical University, Ankara, Turkey
Econometrics Letters, 2014, vol. 1, issue 2, 17-24
This study focuses on the performance effects of having a group affiliated media institution under the group umbrella. Existence of a media institution is expected to increase the overall group performance. The econometric model is based on the annual data between 2000-2010 for an emerging market, Turkey. It is found that owning a media institution significantly has a positive impact on the performance of group firms.
Keywords: Panel Data; Emerging Market; Media Institution. (search for similar items in EconPapers)
JEL-codes: C12 C22 F31 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:bmo:bmoart:v:1:y:2014:i:2:p:7-24
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