Publikacja:

The Influence Of Bookmakers’ Expectations On The Rates Of Return Of Stocks Of Football Companies – The Case Of Borussia Dortmund

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Artykuł
 
cris.legacyid5949
dc.abstract.plThis article presents a case study touching on the subject of the relationships occurring between events, which are not of economic nature, and the rates of return of the listed companies. The subject of the research concerns the relationship between sport and the stock exchange. The case study used sporting results and bookmakers’ expectations (betting odds) for the matches played by Borussia Dortmund, whose shares are quoted on the Frankfurt Stock Exchange. It was assumed that this relationship stems from the emotions of football fans who may be stock market investors. This assumption is justifi ed by the highest TV ratings of BVB matches both "live" and in front of the TV screens as well as the high attractiveness of securities issued by the BVB GmbH & Co. KGaA. The data used in the study came from the web service transfermarkt.de and Xetra market for the period of 2011–2014. Research methods employed for this study were the econometric models, including models of (G)ARCH type, and statistical tests of signifi cance.
dc.contributor.affiliationUniwersytet Szczeciński
dc.contributor.authorSebastian Majewski
dc.date.accessioned2025-07-25T16:52:41Z
dc.date.available2025-07-25T16:52:41Z
dc.date.issued0
dc.identifier.doi10.7206/DEC.1733-0092.35
dc.identifier.urihttps://repozytorium.kozminski.edu.pl/handle/item/3266
dc.languageen
dc.rightsCC-BY-4.0
dc.subjectmodelowanie ekonometryczne
dc.subjectpiłka nożna
dc.subjectzakłady bukmacherskie
dc.subjectgiełda papierów wartościowych
dc.title

The Influence Of Bookmakers’ Expectations On The Rates Of Return Of Stocks Of Football Companies – The Case Of Borussia Dortmund

dc.typeArticle
dspace.entity.typePublication