Relationship between the BIST Food and Beverage Index and the Stock Values of Coca-Cola İçecek Company

Authors : Nigar HUSEYNLİ, Bahman HUSEYNLİ

Pages : 65-76

Doi:10.17233/sosyoekonomi.2023.03.04

View : 131 | Download : 213

Publication Date : 2023-07-26

Article Type : Research Paper

Abstract :The study aims to examine the relationship between BIST Food and Beverage Index and Coca-Cola İçecek stock values in Turkey. The Granger method was used to measure the variables in the study, including daily data from the 12th of September 2012 to the 12th of September 2022. The results revealed a one-sided relationship between the BIST Food and Beverage Index and the stock values of Coca-Cola İçecek company. In other words, the increase or decrease in the value of the stocks of this company affects the BIST Food and Beverage Index values.
Keywords : Yiyecek ve İçecek Endeksi, Hisse Senedi Değerleri, Marka Performansı, Coca Cola Şirketi, BİST