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

Author:

HUSEYNLİ Nigar1ORCID,HUSEYNLİ Bahman2ORCID

Affiliation:

1. SAKARYA UNIVERSITY

2. Azerbaijan State University of Economics

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.

Publisher

Sosyoekonomi

Subject

Immunology and Allergy

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