...Kavita Wadhwa; Sudhakara Reddy Syamala Purpose The purpose of this paper is to examine the impact of market timing and pseudo market timing on equity issuance decisions of IPOs in an emerging economy – India. Indian new issues market provides a perfect setting to test market timing against pseudo...

... the managerial ability of portfolio managers, two widely used methods, the Treynor-Mazuy (1966) model and Henriksson-Merton (1981) model, are employed. Both models test whether portfolio managers have stock selection and market timing ability. The cross-sectional regression and the rank correlation test...

... idiosyncratic growth opportunities arise, I expect that firms are more likely to approach the equity market at a faster speed to finance their unique investments. This is labeled as firm-specific growth hypothesis. Duration analysis Market timing Growth opportunities Seasoned equity offerings...

...Susana Yu; Richard J. Buttimer, Jr; Jun Chen; I‐Hsuan Ethan Chiang Purpose The purpose of this paper is to study performance and market timing ability of equity real estate investment trusts (REITs). Design/methodology/approach The authors use classical regression‐based framework...

...Greg N. Gregoriou; Razvan Pascalau; Arnaud Cave; Georges Hubner; Danielle Sougne Purpose The purpose of this paper is to gain a better understanding of the market timing skills displayed by hedge fund managers during the 2007‐08 financial crisis. Design/methodology/approach The performance...