Czapiewski, Leszek; Lizińska, Joanna - In: International Journal of Financial Studies : open … 7 (2019) 1/16, pp. 1-16
the calendar-time portfolio (CTP) approach. The moment of going public still remains a puzzle in many areas. Poland … independently of the specification of the calendar-time portfolio approach as alphas range from −9.6% to −13.2% annually. We show …