Wednesday, September 11, 2019
Choose a topic urself for my research proposal in finace .i am doing
Choose a topic urself for my in finace .i am doing mba in finace and i have to submit a for my dessertation.find tha infromation file about this - Research Proposal Example termining the answers to these questions, there is a need for conducting a research study, which may provide the guidelines to the investors while selecting the right stocks. Small-cap, Mid-cap and Large-cap companies show varied performance based on the difference in time-horizons and geographic setting thereby creating discrepancies in the expected/predicted and actual movement in company performance Fisher (1966), Fisher and Lorie (1968, 1970, and 1977) and Ibbotson and Sinquefield (1976) studies are primarily based to determine the long-run returns of different cap companies.2 According to Casey, Quirk & Associates (2006), ââ¬Å"The Small Cap universe has grown much faster than the Large Cap universe.â⬠3 The small cap European companies outperformed the large cap European companies in first quarter of 2006, thereby, continued their six year cycle of out-performance.4 ââ¬Å"Market expects 21% growth in small caps, 16% in mid caps and 10% in large caps.â⬠5 Brad (2006) argued that market capitalization-based indexes signify the clearest explanation of the market opportunity set.6 According to Integrity Research Associates (2007), during the last five years, the small cap companies have outperformed large cap companies and the assets of these companies have grown from $86 billion in 2005 to $102 billion in 2007.7 ââ¬Å"Today, there is a growing demand for managers with a broader small/mid cap, or ââ¬Å"SMIDâ⬠cap mandate to manage the non-large cap equity portion of a portfolio.â⬠8The mid cap companies outperform the large cap companies because mid cap stocks are flexible, innovative, capitalised, globally diversified and high growth aspects.9 In order to evaluate the impact of the market cap on the performance of the companies, Ibbotson Associates conducted a study, which showed that 94 percent of the 20-year periods from 1976 to 1995, the smallest cap companies performed better as compared to the large cap companies.10Roxy Capital Management, LLC also conducted a
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