The Impact Of Penny Stocks On The Pricing Of Companies Listed On The Warsaw Stock Exchange In Light Of The CAPM
Oryginality and objective – Research on the pricing of stocks listed on developed markets shows inexplicable deviation from the pricing that could be observed with CAPM validity. A similar anomaly is found on the Polish market. Reasons for inconsistent pricing with CAPM are unknown, and they are the...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Sciendo
2014-12-01
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| Series: | Folia Oeconomica Stetinensia |
| Subjects: | |
| Online Access: | https://doi.org/10.1515/foli-2015-0015 |
| _version_ | 1818677683335200768 |
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| author | Urbański Stanisław Jawor Paweł Urbański Kacper |
| author_facet | Urbański Stanisław Jawor Paweł Urbański Kacper |
| author_sort | Urbański Stanisław |
| collection | DOAJ |
| description | Oryginality and objective – Research on the pricing of stocks listed on developed markets shows inexplicable deviation from the pricing that could be observed with CAPM validity. A similar anomaly is found on the Polish market. Reasons for inconsistent pricing with CAPM are unknown, and they are the main objective of this research. |
| first_indexed | 2024-12-17T09:03:16Z |
| format | Article |
| id | doaj.art-16e1b6378cc7460f850c87c71b426128 |
| institution | Directory Open Access Journal |
| issn | 1898-0198 |
| language | English |
| last_indexed | 2024-12-17T09:03:16Z |
| publishDate | 2014-12-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Folia Oeconomica Stetinensia |
| spelling | doaj.art-16e1b6378cc7460f850c87c71b4261282022-12-21T21:55:36ZengSciendoFolia Oeconomica Stetinensia1898-01982014-12-0114216317810.1515/foli-2015-0015The Impact Of Penny Stocks On The Pricing Of Companies Listed On The Warsaw Stock Exchange In Light Of The CAPMUrbański Stanisław0Jawor Paweł1Urbański Kacper2AGH University of Science and Technology, Faculty of Management, Gramatyka 10, 30-067 Kraków, PolandAGH University of Science and Technology, Faculty of Management, Gramatyka 10, 30-067 Kraków, PolandJagiellonian University in Krakow, Faculty of Philosophy, Gołębia 24, 31-007 Krakow, PolandOryginality and objective – Research on the pricing of stocks listed on developed markets shows inexplicable deviation from the pricing that could be observed with CAPM validity. A similar anomaly is found on the Polish market. Reasons for inconsistent pricing with CAPM are unknown, and they are the main objective of this research.https://doi.org/10.1515/foli-2015-0015stock pricingpenny stocksstock portfolioreturn changesg11g12 |
| spellingShingle | Urbański Stanisław Jawor Paweł Urbański Kacper The Impact Of Penny Stocks On The Pricing Of Companies Listed On The Warsaw Stock Exchange In Light Of The CAPM Folia Oeconomica Stetinensia stock pricing penny stocks stock portfolio return changes g11 g12 |
| title | The Impact Of Penny Stocks On The Pricing Of Companies Listed On The Warsaw Stock Exchange In Light Of The CAPM |
| title_full | The Impact Of Penny Stocks On The Pricing Of Companies Listed On The Warsaw Stock Exchange In Light Of The CAPM |
| title_fullStr | The Impact Of Penny Stocks On The Pricing Of Companies Listed On The Warsaw Stock Exchange In Light Of The CAPM |
| title_full_unstemmed | The Impact Of Penny Stocks On The Pricing Of Companies Listed On The Warsaw Stock Exchange In Light Of The CAPM |
| title_short | The Impact Of Penny Stocks On The Pricing Of Companies Listed On The Warsaw Stock Exchange In Light Of The CAPM |
| title_sort | impact of penny stocks on the pricing of companies listed on the warsaw stock exchange in light of the capm |
| topic | stock pricing penny stocks stock portfolio return changes g11 g12 |
| url | https://doi.org/10.1515/foli-2015-0015 |
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