The RoleofMonetaryPolicyinRenewableEnergy Stock Returns:EvidenceFromRenewable Energy ProducersinT?rkiye

The currentstudyexaminestheeffectsofmonetarypolicychangesonenergystockpricesofrenewableenergyproducersin T?rkiye, whosemacroeconomyisheavilydependentonforeignenergydemandandexperiencedradicalchangesinmonetary policy overthelastdecades.Resultsreportlong-terminteractionsbetweenrenewableenergystockpricesandmonetarypolicy.It was foundthatrenewableenergystockpricesnegativelyrespondtotheCentralBank?s monetarypolicychoices.Resultsofthe current studyimplythatrenewableenergy firms needtoachievesustainablebusinessperformance,especiallyduringthe contractionary monetarypolicyoftheCentralBanks