Now showing items 1-3 of 3

    • Betting Against Beta in the Indian Market 

      Agarwalla, Sobhesh Kumar; Jacob, Joshy; Varma, Jayanth R.; Vasudevan, Ellapulli (Indian Institute of Management, Ahmedabad, 2014)
      Recent empirical evidence from diff erent markets suggests that the security market line is flatter than posited by CAPM. This flatness implies that a portfolio long in low-beta assets and short in high-beta assets would ...
    • Market overreaction to poor long-run performance? A case of repurchase rms in India 

      Agarwalla, Sobhesh Kumar; Jacob, Joshy; Vasudevan, Ellapulli (Indian Institute of Management Ahmedabad, 2015)
      We find significant positive abnormal returns around the announcement of both tender and open market repurchases in India. This suggests that the equity markets in India regard repurchase announcements as positive information ...
    • Market Timing Ability of Indian Firms in Open Market Repurchases 

      Agarwalla, Sobhesh Kumar; Jacob, Joshy; Vasudevan, Ellapulli (Indian Institute of Management Ahmedabad, 2013)
      The paper examines the market timing ability of Indian firms engaged in open market repur- chases. The study is primarily motivated by the unique disclosure feature of repurchases in India, where the disclosures are far ...