MULTI FACTOR EXPLANATION TO IPO LONG RUN  UNDERPERFORMANCE ANOMALY: SRI LANKAN EVIDENCE

Please use this identifier to cite or link to this item: http://archive.cmb.ac.lk:8080/xmlui/handle/70130/6203

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DC Field	Value	Language
dc.contributor.author	Ediriwickrama, T.C.	-
dc.contributor.author	Azeez, A.A.	-
dc.date.accessioned	2021-10-05T04:00:44Z	-
dc.date.available	2021-10-05T04:00:44Z	-
dc.date.issued	2015	-
dc.identifier.citation	Ediriwickrama, T.C & Azeez, A.A. (2015). Multifactor explanation to IPO long run underperformance anomaly: Sri Lankan Evidence. The International Journal of Accounting and Business Society. 23 (2), p17-32.	en_US
dc.identifier.uri	http://archive.cmb.ac.lk:8080/xmlui/handle/70130/6203	-
dc.description.abstract	This paper focuses on IPO long run underperformance anomaly and the application of calendar time techniques to dissect anomalous behavior of IPO stocks. More specifically this paper will provide fresh evidence on how multi factor models work on a specific type of security (IPO stocks in this scenario) in an emerging market like Sri Lanka. It is analyzed IPOs over a period from 2000 to 2012 on Colombo Stock Exchange (CSE). Main finding of the study is that traditional market beta still remains strong despite the employment of latest multi factor models.	en_US
dc.language.iso	en	en_US
dc.subject	CSE	en_US
dc.subject	Initial public offerings	en_US
dc.subject	long run underperformance	en_US
dc.subject	Sri Lanka	en_US
dc.title	MULTI FACTOR EXPLANATION TO IPO LONG RUN UNDERPERFORMANCE ANOMALY: SRI LANKAN EVIDENCE	en_US
dc.type	Article	en_US
Appears in Collections:	Department of Commerce & Finance

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