• Business
  • Published 2008

Relationship between Institutional Neglect and Stock Returns in India

@inproceedings{Tripathi2008RelationshipBI,
  title={Relationship between Institutional Neglect and Stock Returns in India},
  author={Vanita Tripathi},
  year={2008}
}
Certain securities especially those of small firms and distress firms are generally unsuited to the investment requirements of large financial institutions and hence attract minimal investment by them. As a result these securities may offer a premium as a compensation for associated information deficiencies and / or because of pricing inefficiencies. The phenomenon known as Neglected firm effect has been found to have a strong presence in US stock market. This paper examines whether neglected… CONTINUE READING