Sökning: "Winner’s curse"
Visar resultat 1 - 5 av 10 uppsatser innehållade orden Winner’s curse.
1. Insider sales
Magister-uppsats, Lunds universitet/Företagsekonomiska institutionenSammanfattning : Course: BUSN79 - Degree Project in Accounting and Finance Authors: Simon Nyström, Axel Åkerström Advisor: Reda Moursli Key words: Selling owners, IPO, underpricing, analyst coverage, quiet period Purpose: The purpose of this thesis is to investigate if insider sales in initial public offerings affects the level of underpricing in the Swedish stock market. We further aim to evaluate if prestigious underwriters with affiliated high-quality analysts have a moderating effect on the relationship between insider sales and underpricing. LÄS MER
2. Underprissättning vid börsintroduktion : En kvantitativ studie på den svenska marknaden ur ett internationellt perspektiv
Kandidat-uppsats, Södertörns högskola/FöretagsekonomiSammanfattning : Problem: A widely accepted perception within the research community is that initial public offerings tend to be underpriced on a global level. Numerous studies have been conducted across global markets to identify the underlying factors. However, the findings have been heterogeneous and contradictory. LÄS MER
3. Abnormal returns for IPOs on the Swedish stock exchange
Kandidat-uppsats,Sammanfattning : We examine the occurrence of underpricing and short-term performance of a sample of 216 Swedish IPOs between 2017-2021. The theories used are the Efficient Market Hypothesis, Underpricing, Information asymmetry which contains both the Principal Agent Theory and the Signaling Theory, and beyond that, the Winner’s curse. LÄS MER
4. Underprissättning vid börsintroduktion - En kvantitativ analys av underprissättning i olika branscher & segment från år 2008 till och med 2018.
Kandidat-uppsats, Göteborgs universitet/Företagsekonomiska institutionenSammanfattning : Background and problem discussion: An initial public offering is when a private limited company chooses to publish their shares publicly. When this happens, research and history shows that the share rises in price during the first trading day, called underpricing. This leads to the conclusion that the initial subscription price has been too low. LÄS MER
5. Bidding models for bond market auctions
Master-uppsats, KTH/Matematisk statistikSammanfattning : In this study, we explore models for optimal bidding in auctions on the bond market using data gathered from the Bloomberg Fixed Income Trading platform and MIFID II reporting. We define models that aim to fulfill two purposes. The first is to hit the best competitor price, such that a dealer can win the trade with the lowest possible margin. LÄS MER