Recently, sports economy has grown rapidly. So the rapid growth of the sport economy brought match fixing, use of incentive, premium and other prohibited acts and behaviors. As a result of this, a lot of match-fixing investigation was experienced in the world and in our country, the country's football federation was forced to make some arrangements. The purpose of this study is to determine the behavior changes on the stocks of three biggest football clubs (Beşiktaş-BJK, Fenerbahçe-FB, Trabzonspor-TS), which are listed in the National
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