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  • 标题:Fama French 5 Factor Model Versus Alternative Fama French 5 Factor Model: Evidence from Selected Islamic Countries
  • 本地全文:下载
  • 作者:Nevin ÖZER ; Mehmet Akif ÖNCÜ ; Ali ÖZER
  • 期刊名称:bilimname: Düşünce Platformu
  • 印刷版ISSN:1304-1878
  • 电子版ISSN:2148-5860
  • 出版年度:2021
  • 卷号:2021
  • 期号:45
  • 页码:427-461
  • DOI:10.28949/bilimname.952079
  • 语种:Turkish
  • 出版社:IBAV (Research Foundation of Theological Science)
  • 摘要:In this study, the validity of the five-factor model in developing and underdeveloped countries was investigated in 2012-2020, as well as the validity of the model to be created by using the inflation rate instead of the risk-free interest rate, and the answers to the questions of its comparison with the original model. In seeking an answer to this question, Pakistan, Malaysia, Indonesia and Turkey were selected as the countries with interest-sensitive investors. In the study, the Kuala Lumpur Composite Index (KLCI) for Malaysia, the Jakarta Islamic Index (JKII) for Indonesia, the Karachi Meezan Index (KMI) for Pakistan and the Participation Index (KATLM) for Turkey were selected for the study and analysis was carried out on the top 30 companies in the index.
  • 关键词:Finance;CAPM;Fama-French 5 Factor;Interest Rate;Inflation
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