Analysis of the Variables Which Can Affect Low Pricinganomaly in Companies Subject To Public Offering in Bist: 1995 - 2010 Period

Inthisstudy, variables that can affect the low pricing anomaly are analyzed. in this respect, the methods of companies incident to public offering, their status with respect to being offered to foreign investors and the effect of market condition variables to low pricing are researched. 227 companies subject to public offering between the years of 1995-2010 in borsa istanbul are covered with in the purview of the study. analyses were conducted for all companies, sectors and sub-sectors separately. in this study, it has been detected that firstly lower pricing anomaly is not affected very much by public offering methods regarding all the companie show ever said is largely affected through public offering methods on sectoral basis and secondly lower pricing anomaly is not affected very much by sales made toforeign investors regarding all the companies however same is largely affected through sales made to foreign investors on sectoral basis and finally, low pricing anomaly is largely affected by the condition of the market as regards both all the companies and the sector.