Sökning: "buy-and-hold abnormal returns"

Visar resultat 1 - 5 av 54 uppsatser innehållade orden buy-and-hold abnormal returns.

1. 1. Underpricing and short-term returns - An empirical study on Initial public offerings in the Nordics

   Kandidat-uppsats,

   Författare :Carl Viktorsson; Albin Västertun; [2023-07-03]
   Nyckelord :Initial public offering; Stock performance; Underpricing;

   Sammanfattning : The study examines the effect underpricing has on short-term returns for 291 Initial public offerings in Denmark, Finland, Norway and Sweden. To test for this, two different OLS-regressions have been developed with Buy-and-hold abnormal returns (BHAR) as the dependent variable, and Market-adjusted abnormal returns (MAAR) as the variable of interest, accompanied by a few control variables. LÄS MER

3. 2. Seasoned Equity Offerings and Disclosure Sentiment Effects: Evidence from the U.S.

   Master-uppsats, Göteborgs universitet/Graduate School

   Författare :Max Mauritz; Phornchanok Phojan; [2023-06-29]
   Nyckelord :Seasoned Equity Offerings; Long-Term Event Study; Buy-and-Hold Abnormal Returns; Textual Analysis; Disclosure Sentiment; Disclosure Tone;

   Sammanfattning : This paper updates the data regarding Seasoned Equity Offering firms (SEOs) long-term performance and finds evidence in line with prior research that they underperform in the longterm. Furthermore, using automated textual analysis on the relevant disclosure filings SEO firms in the United States publish (Form 10-K, Form 8-K and Form 424B), we investigate the relationship between disclosure sentiment variables and long-term return performance. LÄS MER

4. 3. Marknadens reaktion vid avslutade aktieåterköpsprogram

   Kandidat-uppsats, Uppsala universitet/Företagsekonomiska institutionen

   Författare :Baltzar Loeper; Camarena Ricardo; [2023]
   Nyckelord :Share Buyback Program; Buy-and-Hold Abnormal Return; Abnormal Return; Market Reaction; Market Capitalization; Market-to-Book ratio; Aktieåterköpsprogram; Buy-and-Hold Abnormal Return; Avvikelseavkastning; Marknadsreaktion; Börsvärde; Market-to-Book kvot;

   Sammanfattning : This paper investigates the long-run market effects of open market share repurchase programs, specifically focusing on the influence of firm size (market capitalization) and market-to-book ratio on long-run abnormal returns. The study utilizes data from financial databases, including Nasdaq Stockholm and Eikon, as well as information from initiation announcements and other publicly available documents provided by firms listed on the Stockholm Stock Exchange from 2015 to 2022. LÄS MER

5. 4. Swedish Acquisitions With A Long-Term Perspective. Comparing the Performance of Single and Serial Acquirers.

   Magister-uppsats, Lunds universitet/Nationalekonomiska institutionen

   Författare :Fanny Aleksandra Hulmi; Alessia Lovato; [2023]
   Nyckelord :M A; acquisitions; serial acquirers; long-term performance; BHAR.; Business and Economics;

   Sammanfattning : This study examines the long-term post-acquisition performance of acquirers, both serial and single, in Sweden within a time frame spanning from 2000 to 2022. The post-acquisition performance is evaluated using a long-term event study, employing the Buy-and-Hold Abnormal Returns (BHAR) methodology. LÄS MER

7. 5. Från Private Equity till Public Equity : En jämförande studie om avkastning för private equity-ägda kontra icke-private equity-ägda IPOs på Stockholmsbörsen

   Kandidat-uppsats, Uppsala universitet/Företagsekonomiska institutionen

   Författare :Maxwell Starkie; Carl Jobeus; [2023]
   Nyckelord :Private equity; Buy and hold abnormal returns; Börsintroduktioner; Initialavkastning; Underprissättning; Nasdaq Stockholm;

   Sammanfattning : Private equity-modellen (PE) har haft en kraftig framfart sedan 80-talets början, där överlägsen bolagsstyrning skapat konkurrenskraftiga portföljbolag som erbjudit stark avkastning till institutionella investerare. I takt med det ökade högtrycket av offentliga transaktioner har dessa portföljbolag i allt större utsträckning nått den publika scenen. LÄS MER