Detail Pricing High Growth Firms : Arbitrage Opportunities in The Inc. 100   Oleh:  Leleux, Benoit F. ; Lange, Julian E. ; Matthys, Veronique M. Jenis: Article from Bulletin/Magazine Dalam koleksi: The Journal of Entrepreneurial and Small Business Finance vol. 5 no. 1 (1996), page 43-60. Topik: growth firms; pricing high growth firms; arbitrage; opportunities Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: JJ40 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel The ability of the market to price high growth stocks is examined b yanalyzing the returns to simple investment portfolio strategies based on public information. The portfolios consist of shares in the firms listed in the Inc. 100 ranking of the fastest growing public companies in america. The results indicate that significant abnormal returns are generated by these statefies, even after adjusting for risk. Although the tests could potentially be affected by a form of survivorship bias, supplementary analyses indicate that this is unlikely to be the case here. These results support the assumption that markets have difficultirs pricing high - growth entities, leaving significant arbitrage opportunities in these stocks and validating the use of various market timing practices. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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