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Initial Public Offerings (IPO)
book

Initial Public Offerings (IPO)

by Greg N. Gregoriou
December 2005
Intermediate to advanced content levelIntermediate to advanced
464 pages
23h 14m
English
Butterworth-Heinemann
Content preview from Initial Public Offerings (IPO)
(4.4). ART
t
is the average abnormal return for time t; here t is between 1 and T. The
cumulative returns are similar to the returns reported in Tables 4.3 and 4.4.
4.3 Testing for the structural change of the CAPM in the 2001
economic crisis of Turkey
The behavior of the CAPM is examined at the time of the economic crisis in Turkey.
This period was the harshest economic crisis the Turkish economy had faced through-
out its 80-year history. February 21 was the pivotal day of the structural crisis. After
meeting for 13 hours, the Turkish Cabinet announced sweeping changes whereby the
economic program they suggested forced the government to change its exchange ...
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Publisher Resources

ISBN: 9780750679756