Sökning: "Diversification Discount"

Visar resultat 1 - 5 av 13 uppsatser innehållade orden Diversification Discount.

1. 1. Closed-End Funds and their Net Asset Value over time : A study of the relationship between Swedish closed-end funds' market prices and their underlying assets over a period of time.

   Kandidat-uppsats, Jönköping University/IHH, Nationalekonomi

   Författare :Erik Cederberg; Linus Schnitzer; [2020]
   Nyckelord :Closed-end fund; Net Asset Value; Mean Reversion; Closed-end fund discount; Stock market; Investment strategy; Cointegration; Error Correction;

   Sammanfattning : Closed-end funds (CEFs) are popular investments amongst the Swedish population as they provide diversification to investors and have in many cases historically outperformed the market. In deciding whether to invest in a CEF, the method of valuation differs from classical financial ratios used to value most companies, as the revenue-bringing operations differ significantly. LÄS MER

3. 2. Fjärrvärmeinvesteringar för företag : En studie om investeringsbedömning, risker samt osäkerheter och riskhantering

   Kandidat-uppsats, Högskolan i Halmstad/Akademin för ekonomi, teknik och naturvetenskap

   Författare :Arvidsson Annie; Scholey Josephine; [2017]
   Nyckelord :investment analysis; risk; uncertainty; risk management; district heating; profitability; environmental benefit; business administration; investeringsbedömning; risk; osäkerhet; riskhantering; fjärrvärme; lönsamhet; miljönytta; företagsekonomi;

   Sammanfattning : The purpose of this study is to describe how companies on the district heating market implements their investment analysis, identify which risks and uncertainties exists within investments in district heating and define the implementation of risk management. The theoretical framework includes two main sections: Financial theory and District heating theory. LÄS MER

4. 3. The influence of Diversification and M&A Accounting on Firm Value

   Magister-uppsats, Uppsala universitet/Företagsekonomiska institutionen

   Författare :Ward D. Wolters; [2016]
   Nyckelord :Diversification; Firm Value; Mergers Acquisitions; Multinationals;

   Sammanfattning : Using a sample of 45,283 firm year observations between 1993–2012, I examine the influence of different types of diversification and M&A accounting on firm value. I find that there are different explanations for earlier variations among documented discounts. I find different value effects for geographical and industrial diversification. LÄS MER

5. 4. Substansrabatt i investmentbolag : sambandet med onoterat innehav

   Kandidat-uppsats, Högskolan Kristianstad/Sektionen för hälsa och samhälle

   Författare :Gustav Erwing; Björn Svensson; [2015]
   Nyckelord :Discount to Nav; unquoted holdings; diversification; profitability; growth firms; CEF; Substansrabatt; onoterat innehav; diversifiering; tillväxtbolag;

   Sammanfattning : Substansrabatt för investmentbolag har sedan länge diskuterats inom företagsvärlden och forskningsvärlden. Substansrabattens bakomliggande faktorer är väldokumenterade och omdiskuterade men forskare är inte eniga om exakt vilka faktorer det är som driver investmentbolagets substansrabatt. LÄS MER

7. 5. The Diversification Discount in the Oil and Gas Industry: Marathon Corporation Downstream Demerger Case Study

   C-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Författare :Nikita Lebedev Lundvall; Filip Nilsson; [2012]
   Nyckelord :Diversification discount; Bipartite structure; Specialization; Demerger; Marathon Oil;

   Sammanfattning : This paper examines the success and implications of a decision by Marathon Corporation to spin-off its downstream assets from the upstream counterpart in early 2011. It is found that due to recent developments in the oil and gas industry and risk profile differences in the upstream and downstream firm, the demerger has led each firm to unlock hidden shareholder value and specialize to mitigate the effect of a diversification discount. LÄS MER