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...

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Bibliographic Details
Main Authors: Urbański Stanisław, Jawor Paweł, Urbański Kacper
Format: Article
Language:English
Published: Sciendo 2014-12-01
Series:Folia Oeconomica Stetinensia
Subjects:
g11
g12
Online Access:https://doi.org/10.1515/foli-2015-0015