PORTFOLIO-BASED BENCHMARKS AND THE LONG-TERM PERFORMANCE OF SEOS FOR AN EMERGING MARKET

Joanna Lizińska The paper focuses on the long-term price performance after seasoned equity offerings (SEOs). In particular, the research contributes to the debate on the importance of the benchmark design in an emerging market. The choice of Indian SEOs as a sample allowed for constructing six benchmarks and comparing the results with the main market […]

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