This study aims to research the under pricing of initial public offerings in Istanbul Stock Exchange (ISE) in long run. The cumulative abnormal returns and relative wealth indicators have been calculated in order to test the hypothesis. The findings suggest that the investment strategies that aims to obtain abnormal returns in long run are not successful in ISE.
Diğer ID | JA35KJ74SA |
---|---|
Bölüm | Makaleler |
Yazarlar | |
Yayımlanma Tarihi | 1 Aralık 2000 |
Yayımlandığı Sayı | Yıl 2000 Cilt: 2 Sayı: 3 |