Sökning: "book-to-market"

Visar resultat 16 - 20 av 100 uppsatser innehållade ordet book-to-market.

  1. 16. Utdelningar och Lokal Klientel-Effekt : En Studie på den Svenska Aktiemarknaden

    Kandidat-uppsats, Uppsala universitet/Företagsekonomiska institutionen

    Författare :John Sigfridsson; Peter Öhman; [2019]
    Nyckelord :Utdelningar; lokal klientel-effekt; utbetalningspolicy; investerarbeteende; äldre investerare;

    Sammanfattning : Despite being a well-documented topic, dividends remain polarizing in academia. Whilst early 21st century research suggested that the use of dividends would be overtaken by stock repurchases recent reports indicate that the use of dividends is increasing. One theorized cause for this discrepancy is the Local Clientele Effect. LÄS MER

  3. 17. The Value of Dividends : The effect of dividend exposure on stock returns

    Magister-uppsats, Uppsala universitet/Företagsekonomiska institutionen

    Författare :Erik Börjesson; Harald Lindström; [2019]
    Nyckelord :Dividend investing; Value effect; Size effect; Risk-adjusted performance; Dividend yield; Stock returns;

    Sammanfattning : This paper aims to examine if firms listed on Nasdaq Stockholm with dividend exposure yield higher risk-adjusted returns than firms without dividend exposure. Using a data set consisting of observations between 2000-2017 we test the difference in mean risk-adjusted return, measured by the Sharpe ratio, between securities with different levels of dividend exposure. LÄS MER

  4. 18. Factor Analysis of a Low Market Beta Portfolio in the Nordics

    Kandidat-uppsats, KTH/Matematisk statistik

    Författare :Arvid Orback; Magnus Nordlinder; [2019]
    Nyckelord :;

    Sammanfattning : The return of publicly traded assets has been studied by both academia and commercial institutions, using models with different sets of factors. Building on the work of previous results in this field, such as the CAPM-model, the three-factor model by Fama and French, and the four-factor model by Carhart, this thesis studies the return of a low market beta portfolio in the Nordic stock market. LÄS MER

  5. 19. Private Equity-finansierade börsnoteringar : En studie om underprissättning och långsiktig prestation

    Kandidat-uppsats, Uppsala universitet/Företagsekonomiska institutionen

    Författare :David Axelsson; Markus Elmgärde; [2019]
    Nyckelord :Private Equity; börsnotering; underprissättning; abnormal avkastning; OMX Stockholm; First North;

    Sammanfattning : I denna studie undersöks sambandet mellan ägandeskap och företags aktieavkastning vid börsnotering på kort och lång sikt. Vi jämför förstadagsavkastning samt BHAR på 36 månader mellan en portfölj bestående av företag som genomgått en PE-finansierad börsnotering och en portfölj bestående av företag som genomgått en börsnotering utan PE- finansiering. LÄS MER

  7. 20. The Default Risk Puzzle - Evidence from the Swedish market

    Magister-uppsats, Lunds universitet/Nationalekonomiska institutionen

    Författare :Mia-Melina Söderlind; Sara Selin; [2019]
    Nyckelord :Default risk; Altman s Z -score; Systematic risk; Fama-MacBeth two-step regression; Stockholm Exchange; Business and Economics;

    Sammanfattning : Default risk is a major source of potential losses to equity investors and the effect of default risk on stock returns have therefore been widely examined by several papers. However, whether there exists an anomalous significant relationship between default risk and stock returns is a rather unexplored subject on the Swedish market. LÄS MER