Turkey's Stock Market Sees Surge in Returns with Bonus Issue Announcements
The article examines how bonus issue announcements affect stock returns in the Turkish market. By analyzing data from recent years, the study finds that bonus issues funded from internal resources lead to better returns compared to those funded from last year's profits. Investors in Turkey tend to favor larger bonus issues, and the impact on stock returns varies depending on the funding source. The research is unique in its detailed analysis of bonus issue resources and their impact on stock performance.