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This paper endeavors to provide a review of methodology employed for studying four major anomalies over time – size effect, value effect, liquidity effect and standardized unexpected earnings (SUE) effect. First, the paper synthesizes a list of measures that have been employed to proxy each...
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Purpose: The unique regulatory design of India provides us with the opportunity to disaggregate traditional initial public offering (IPO) underpricing into three categories: voluntary, pre-market and post-market. The presence of anchor investors in India makes it a compelling case to study....
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Purpose: Small and medium enterprises (SMEs) play a crucial role in national economies worldwide, generating employment and contributing to innovation. This study tries to investigate the performance of the newly started IPO platform for the SMEs in India through a...
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