TY  - JOUR
T1  - A Study on Impact of Dividend Policy on Initial Public Offering Price Performance
AU - Suresh, N. AU - Meghna, S. AU - Usha, J.C. 
JO  - Journal of Engineering and Applied Sciences
VL  - 14
IS  - 13
SP  - 4501
EP  - 4507
PY  - 2019
DA  - 2001/08/19
SN  - 1816-949x
DO  - jeasci.2019.4501.4507
UR  - https://makhillpublications.co/view-article.php?doi=jeasci.2019.4501.4507
KW  - IPO
KW  -long-run
KW  -wealth relatives
KW  -dividends
KW  -effect
KW  -stock prices
AB  - 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 dividend policy has no significant
effect on the stock prices of IPO.
ER  -