PRICE BEHAVIOUR OF EGYPRIAN NEWLY ISSUED COMMON STOCKS
| المصدر: | المجلة العلمية للبحوث والدراسات التجارية |
|---|---|
| الناشر: | جامعة حلوان - كلية التجارة وإدارة الاعمال |
| المؤلف الرئيسي: | Hegazy, Zakaria Saad G. (AUTH.) |
| المجلد/العدد: | ع1 |
| محكمة: | نعم |
| الدولة: |
مصر |
| التاريخ الميلادي: |
2007
|
| الصفحات: | 1 - 31 |
| رقم MD: | 661687 |
| نوع المحتوى: | بحوث ومقالات |
| اللغة: | الإنجليزية |
| قواعد المعلومات: | EcoLink |
| مواضيع: | |
| رابط المحتوى: |
عدد مرات التحميل
6
| LEADER | 01670nam a22002057a 4500 | ||
|---|---|---|---|
| 001 | 0253291 | ||
| 041 | |a eng | ||
| 044 | |b مصر | ||
| 100 | |9 340780 |a Hegazy, Zakaria Saad G. |e AUTH. | ||
| 245 | |a PRICE BEHAVIOUR OF EGYPRIAN NEWLY ISSUED COMMON STOCKS | ||
| 260 | |b جامعة حلوان - كلية التجارة وإدارة الاعمال |c 2007 | ||
| 300 | |a 1 - 31 | ||
| 336 | |a بحوث ومقالات | ||
| 520 | |b This paper scrutinises both the initial and secondary market behaviour (measured by market-adjusted and risk-adjusted returns) on newly issued common stocks (NCSs) which offered to the public during 1996-2000 in Egypt. The sample includes 32 privatized NCSs between 1996-2000. All NCSs begin trading at Cairo Stock Exchange. The first day market-adjusted return from the offer price was 20.5%. Investors who could not buy at the offer price and purchased new issues at the first trading day’s closing price ended with -0.03 of their initial investment value after one year. The results support both the weak-form and semistrong-form of the Efficient Market Hypothesis of the New common stocks in the Egyptian Capital Market. The Egyptian NCSs behaved similar to the NCSs in other major international markets. | ||
| 653 | |a الأسواق المالية |a أسعار الأسهم |a الأحوال الاقتصادية |a مصر | ||
| 773 | |4 الاقتصاد |4 إدارة الأعمال |6 Economics |6 Business |c 009 |e Scientific Journal of Research and Business Studies |l 001 |m ع1 |o 0472 |s المجلة العلمية للبحوث والدراسات التجارية |v 021 | ||
| 856 | |u 0472-021-001-009.pdf | ||
| 930 | |d y |p y | ||
| 995 | |a EcoLink | ||
| 999 | |c 661687 |d 661687 | ||
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