Sökning: "Nils Kjerstadius"

Hittade 2 uppsatser innehållade orden Nils Kjerstadius.

1. 1. Variations In the Permanent Measurement Bias

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

   Författare :Jens Bergquist; Nils Kjerstadius; [2014]
   Nyckelord :permanent measurement bias; PMB; accounting bias; Mikael Runsten; residual income valuation;

   Sammanfattning : Valuation techniques that use the accounting permanent measurement bias (PMB) do often result in robust corporate valuations. Runsten (1998) presented a table that displays median partial PMBs for important asset classes in a selected number of industries. The table did not describe how the partial PMBs varied within industries. LÄS MER

3. 2. Liquidity and asset pricing on the Swedish Stock Market

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

   Författare :Nils Kjerstadius; [2013]
   Nyckelord :Liquidity; Two Factor liquidity CAPM; Swedish stock market; Asset pricing; Augmented Capital Asset Pricing Model;

   Sammanfattning : Many different capital asset pricing models have been derived and tested the last couple of years as financial researchers' interest in liquidity has been increasing in a tremendous pace. In this study, I test two of these models along with the regular CAPM to see how illiquidity is priced in the Swedish stock exchange. LÄS MER