Sökning: "Spin-offs"

Visar resultat 21 - 25 av 55 uppsatser innehållade ordet Spin-offs.

1. 21. The Swedish Disease - Impact of company spin-offs on firms' operational performance and equity value

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

   Författare :Daniel Espelund; Dumitru Coretchi; [2019]
   Nyckelord :Spin-off; Nordics; Operating Performance; Public Markets; Sales Growth;

   Sammanfattning : This paper sets out to examine the equity price performance as well as operational performance in both the long- and short-term for Nordic spin-offs. More specifically, the paper evaluates the performance for 110 spin-off entities, both the parent and spun-off company, between the years 1998-2017. LÄS MER

3. 22. The Corporate Governance Scorecard - Testing an investment strategy focusing on spin-offs with strong corporate governance

   Magister-uppsats, Lunds universitet/Företagsekonomiska institutionen

   Författare :John Kleven Falck; Sebastian Lindeborg; [2019]
   Nyckelord :Business and Economics;

   Sammanfattning : Seminar date: 03/06/2019 Course: BUSN79 Business Administration: Degree Project in Accounting and Finance, 15 credits Authors: John Kleven Falck and Sebastian Lindeborg Advisor: Håkan Jankensgård Key words: Spin-offs, agency theory, efficient market hypothesis, investment strategy, corporate governance, The Corporate Governance Scorecard Purpose: The purpose of this paper is to test an investment strategy investing solely in spin-offs with strong corporate governance to achieve superior abnormal returns Methodology: This paper designs and adopts a binary scorecard called The Corporate Governance Scorecard, which is used to create two groups of spin-offs with strong and weak corporate governance respectively. T-statistics have been adopted to test the difference in buy-and-hold abnormal return between the two groups. LÄS MER

4. 23. Value creation through spin-offs: Swedish evidence between 2010-2018

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

   Författare :Erik Bergman; Cimi Zander; [2019]
   Nyckelord :Spin-off; abnormal returns; event study; Swedish stock market; Lex Asea;

   Sammanfattning : International studies have reported significant excess returns in conjunction with announcements of spin-offs. However, there is to some extent a lack of professional research on stock market reactions of spin-offs in Sweden. This study aims to investigate whether spin-offs in Sweden after the 2008 global financial crisis create shareholder value. LÄS MER

5. 24. A COMPREHENSIVE ANALYSIS OF THE SHAREHOLDER VALUE CREATION FROM SWEDISH SPIN-OFFS

   Master-uppsats, Göteborgs universitet/Graduate School

   Författare :Niklas Grahn; Johan Särén; [2018-07-04]
   Nyckelord :Corporate Restructurings; Divestitures; Spin-offs; Abnormal Returns;

   Sammanfattning : This thesis investigates the universe of Swedish tax-exempt Lex ASEA spin-offs since the start of the new millennium from the perspective of short-term and long-term stock price performance. The intention to spin off a subsidiary is viewed positively by investors, represented by a significant increase of the market's valuation of the company's equity by 2. LÄS MER

7. 25. Analysis of spin-off long-term performance and effects of dual directorship

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

   Författare :Aleksandrs Balzins; Jaanus Lati; [2018]
   Nyckelord :spin-offs; long-term performance; abnormal returns; dual directorship;

   Sammanfattning : This paper analyses the post spin-off stock performance of 198 European companies from 15 different countries. We calculate monthly abnormal returns over 36 months following the completion of spin-offs over the sample period from 2002 to 2014. LÄS MER