Sökning: "short-term cumulative abnormal return."

Visar resultat 21 - 25 av 34 uppsatser innehållade orden short-term cumulative abnormal return..

  1. 21. Påverkar frekvensen av återköp den abnormala avkastningen? : En eventstudie om annonseringar av återköpsprogram på den svenska aktiemarknaden

    Kandidat-uppsats, Högskolan i Gävle/Företagsekonomi

    Författare :Erika Blomstedt; Helen Puputti; [2018]
    Nyckelord :share repurchase; return; frequency; signaling; recession; Swedish stock market; återköp av aktier; avkastning; frekvens; signalering; lågkonjunktur; svenska aktiemarknaden;

    Sammanfattning : Syfte: Tidigare forskning visar på en positiv abnormal avkastning på företagets aktiekurs vid återköp av aktier. Få studier har vidare undersökt om denna avkastning skiljer sig beroende på frekvensen av återköp. LÄS MER

  2. 22. Stock Performance Differences in Swedish Life Science Companies with or without Research-based Science Park Affiliation

    Magister-uppsats, Lunds universitet/Företagsekonomiska institutionen

    Författare :Eric Isacsson; Liana Trichkova; [2018]
    Nyckelord :Science park affiliation; university ownership; life science; long-term buy and- hold-abnormal return; short-term cumulative abnormal return.; Business and Economics;

    Sammanfattning : Stock Performance Differences in Swedish Life Science Companies with or without Research-based Science Park Affiliation Seminar date 2018-06-01 Course BUSN 79 Business Administration: Degree Project in Accounting and Finance - Master Level, 15 ECTS Authors: Eric Isacsson and Liana Trichkova Advisor: Håkan Jankensgård Key words: Science park affiliation, university ownership, life science, long-term buyand- hold-abnormal return, short-term cumulative abnormal return. Purpose: The purpose of the study is to investigate if there is a difference in the publicly traded stock performance of science park affiliated and non-affiliated life science firms. LÄS MER

  3. 23. Do Mergers and Acquisitions Create Value for Acquirers? Short- and Long-Term Event Study on the Pharmaceutical Industry of Europe

    Magister-uppsats, Lunds universitet/Nationalekonomiska institutionen

    Författare :Anton Lindström; Aleksi Kekkonen; [2018]
    Nyckelord :Event study; Buy- and hold abnormal return; Cumulative abnormal return; Pharmaceutical industry; Efficient market hypothesis; Business and Economics;

    Sammanfattning : In this thesis, the short- and long-term event study methodology are applied in order to assess whether M&As, in the pharmaceutical industry, create any abnormal return for the acquirer. The majority of the previous research finds a negative abnormal return but the short-term event study seems to generate slightly positive abnormal returns outside the U. LÄS MER

  4. 24. Institutional Portfolios and M&A Returns

    Magister-uppsats, Lunds universitet/Företagsekonomiska institutionen

    Författare :Karl Ardby; Teodor Opasiak; [2017]
    Nyckelord :Portfolio exposure; institutional investors; short-term abnormal return; agency theory; M A wealth effects; incitements; Business and Economics;

    Sammanfattning : Purpose: To examine how investors’ portfolio exposure in a concentrated ownership-structure affects abnormal returns for the bidding company in a merger and acquisition on the Swedish market Methodology: Quantitative research approach with an event study to explore cumulative abnormal return, multivariate regression analysis Theoretical Perspective: Agency theory, M&A wealth effects, empire building,managerial hubris, block-ownership, institutional ownership Empirical foundation: A sample of 338 acquisitions completed on the Swedish market between January 2001 and January 2015 Conclusion: This study can not with todays limited foreign portfolio data confirm that high portfolio exposure of an institutional investor does create higher CAR in the event of a M&A.. LÄS MER

  5. 25. Informationsbrist…javisst! : Börsnoteringars (IPO) efterföljande prestation och prospektets betydelse

    Kandidat-uppsats, Södertörns högskola/Företagsekonomi

    Författare :Shayan Amini; Thomas Rex; [2017]
    Nyckelord :Initial public offering; IPO; underpricing; abnormal return; short-term underperformance; long run underperformance; prospectus; financial ratios; Börsintroduktioner; IPO; underprissättning; abnormal avkastning; kortsiktig underprestation; långsiktig underprestation; prospekt; finansiella nyckeltal;

    Sammanfattning : Background: A public offering or "Initial Public Offering" means that a company is transferred from being unlisted to trading on a stock exchange. When a company is listed, the company needs to establish a prospectus. LÄS MER