Equity Market Timing: Testando através dos IPOs no Mercado Brasileiro
نویسندگان
چکیده
منابع مشابه
Seasoned Equity Offerings and the Cost of Market Timing
A robust finding in the literature is that seasoned equity offerings (SEOs) are followed by negative long-run abnormal returns, which can be seen as evidence of market timing. In this paper I document the cost of market timing, based on the idea that investors view companies with the most negative abnormal returns in the year following a SEO, as most likely to have timed the issue. I find that ...
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1 RN. PhD. Faculty at Medical-Surgical Nursing Department, School of Nursing at University of São Paulo. São Paulo, SP, Brazil. [email protected] 2 Nursing undergraduate. School of Nursing at University of São Paulo. São Paulo, SP, Brazil. [email protected] 3 RN. Holder of a scholarship from the "Ensinar com Pesquisa" program at University of São Paulo. São Paulo, SP, Brazil. patriciaprici@ho...
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ژورنال
عنوان ژورنال: Brazilian Review of Finance
سال: 2010
ISSN: 1984-5146,1679-0731
DOI: 10.12660/rbfin.v8n1.2010.1349