A Study on Impact of Dividend Policy on Initial Public Offering Price Performance
@article{Meghna2019ASO, title={A Study on Impact of Dividend Policy on Initial Public Offering Price Performance}, author={S. Meghna and N. Suresh and J. Usha}, journal={Journal of Engineering and Applied Sciences}, year={2019} }
: This study examines the impact of dividend policy on the performance of initial public offering in India. The period of study is from the year 2011-2014. Monthly returns of the IPOs issued in the considered period and Indian Stock Market Index (Nifty 50) was considered for the long-run performance study. The methodological tools used are long-run performance statistics and garch model. ‘Dummy’ variable was used to measure the effect of dividends on the IPOs. The study reveals that the…
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