Sökning: "Disclosure Sentiment"

Hittade 4 uppsatser innehållade orden Disclosure Sentiment.

  1. 1. Seasoned Equity Offerings and Disclosure Sentiment Effects: Evidence from the U.S.

    Master-uppsats, Göteborgs universitet/Graduate School

    Författare :Max Mauritz; Phornchanok Phojan; [2023-06-29]
    Nyckelord :Seasoned Equity Offerings; Long-Term Event Study; Buy-and-Hold Abnormal Returns; Textual Analysis; Disclosure Sentiment; Disclosure Tone;

    Sammanfattning : This paper updates the data regarding Seasoned Equity Offering firms (SEOs) long-term performance and finds evidence in line with prior research that they underperform in the longterm. Furthermore, using automated textual analysis on the relevant disclosure filings SEO firms in the United States publish (Form 10-K, Form 8-K and Form 424B), we investigate the relationship between disclosure sentiment variables and long-term return performance. LÄS MER

  3. 2. How does the market perceive ESG in IPOs : Investigating how ESG factors affect IPO Underpricing in the U.S. market

    Master-uppsats, Umeå universitet/Företagsekonomi

    Författare :Thi Mai Anh Bui; Alessandra Frongillo; [2020]
    Nyckelord :Initial Public Offering IPO ; Underpricing; Environmental; Social and Governance ESG ; Sustainable finance; Textual analysis; Term frequency; Sentiment analysis.;

    Sammanfattning : Environmental, Social and Governance (ESG) integration in financial activities is a crucial topic that is gaining importance in financial markets. During the years, many studies have been conducted about Initial Public Offering (IPO) and underpricing since they are fundamental aspects of firms’ lifecycle. LÄS MER

  4. 3. Earnings Conference Calls and Stock Returns: The interplay between tone and information specificity

    Master-uppsats, Göteborgs universitet/Graduate School

    Författare :Imelda Taraj; [2019-08-09]
    Nyckelord :conference calls; disclosure; content analysis; textual analysis; word sentiment; information specificity; cumulative abnormal returns;

    Sammanfattning : After the adoption of RegFD, quarterly earnings conference calls (ECCs) have become an important channel for voluntary corporate disclosure. However, the extent to which the information content affects capital markets is little researched. LÄS MER

  5. 4. What the CEO says: The Incremental Information Content in the Language of CEO letters

    D-uppsats, Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Författare :Mark Söderberg; Johan Sjölund; [2015]
    Nyckelord :CEO letter; narrative disclosure; incremental information; content analysis; DICTION;

    Sammanfattning : We investigate if the language of CEO letters on the Stockholm Stock Exchange contains information about the future performance of the firm. We conduct a quantitative content analysis to classify 1,500 CEO letters and a total of 1.8 million words into scores based on the sentiment of each letter. LÄS MER