Sökning: "dual-class shares"

Visar resultat 21 - 25 av 27 uppsatser innehållade orden dual-class shares.

  1. 21. Regulatory Effects on Voting Premiums in Sweden - Explaining the price differential between share classes during a period of legislative change

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

    Författare :Max Carlsén; Hugo Wieslander; [2015]
    Nyckelord :Dual-class shares; Voting premium; Takeovers; Difference-in-differences; Fair price rule;

    Sammanfattning : This paper explains the voting premium of dual-class firms in Sweden and specifically investigates the effects of a fair price rule, hindering differentiated takeover bids between superior voting shares (Class A) and inferior voting shares (Class B). While Sweden is the country with the highest fraction of dual-class firms in Europe, in recent years, no comprehensive study has been conducted explaining the voting premium. LÄS MER

  3. 22. Control beyond warranted by the equity

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

    Författare :Olivia Jansson; Inha Shydlouskaya; [2014]
    Nyckelord :excess control; dual-class share structure; excess bid-ask spread;

    Sammanfattning : In this research we investigate the relationship between excess control and changes in asymmetric information during quarterly and annual earnings announcements. The focus remains on controlling shareholders possessing excess control within a dual-class share structure. LÄS MER

  4. 23. Volume of Trading and Stock Volatility in the Swedish Market

    Magister-uppsats, Lunds universitet/Nationalekonomiska institutionen

    Författare :Erla Maria Gudmundsdottir; [2012]
    Nyckelord :volume; volatility; liquidity; Business and Economics;

    Sammanfattning : Recent studies have shown that increased liquidity is perhaps not always strictly beneficial and that high trading volumes can produce trading noise causing increased volatility above that based on fundamentals. This study investigates whether this applies to the Swedish stock market by analyzing dual-class stocks that have the same cash flow rights but different control rights and different trading volumes. LÄS MER

  5. 24. The Takeover Directive - and Its Implementation In Germany, UK and Sweden

    Uppsats för yrkesexamina på avancerad nivå, Lunds universitet/Juridiska institutionen

    Författare :Malin Hamnered; [2012]
    Nyckelord :EU Law; Banking Law; Business Law; Law and Political Science;

    Sammanfattning : One of the main purposes in EU is increased competiveness on the European market and to achieve the goal; the European Commission made a proposal of a Directive on Takeover Bids which would facilitate the takeover activity in EU. Takeover activities essentially signify when a company purchases shares in another company which occasionally also leads to a takeover of the control of the target company. LÄS MER

  7. 25. Cash holdings in Sweden

    Magister-uppsats, Lunds universitet/Företagsekonomiska institutionen

    Författare :Gustav Liedgren; Pierre Carlsson; [2009]
    Nyckelord :Management of enterprises; Family ownership; Information asymmetries; Agency problems; Cash holdings; Corporate governance; Företagsledning; management; Business and Economics;

    Sammanfattning : Background: In a perfect world, a company would not have to keep any cash at all but because of market imperfections created by information asymmetries and agency problems it has to. Previous research has suggested that a firm’s cash holding level is related to its size, growth opportunities and leverage. LÄS MER