Bachmann, Carmen; Tegtmeier, Lars; Gebhardt, Johannes; … - In: Managerial Finance 45 (2019) 6, pp. 793-808
Purpose: The purpose of this paper is to test the so-called “Sell in May” effect in globally listed private equity markets based on monthly data covering the period 2004–2017. Design/methodology/approach: Ordinary least squares regressions, generalized autoregressive conditional...