Sökning: "short-term cumulative abnormal return."

Visar resultat 6 - 10 av 34 uppsatser innehållade orden short-term cumulative abnormal return..

  1. 6. The Performance of Serial Acquirers : Evidence from the Nordic market

    Master-uppsats, Uppsala universitet/Företagsekonomiska institutionen

    Författare :Mattias Gionis; Jesper Stugemo; [2022]
    Nyckelord :mergers and acquisitions; Serial acquirers; short term and long term performance; hubris hypothesis; learning hypothesis; payment method;

    Sammanfattning : This thesis examines the performance of serial acquirers in the Nordic market between 2006-2016. We investigate how serial acquirers perform in the short-term and long-term and if serial acquirers are affected by hubris, or if they learn by experience. LÄS MER

  2. 7. The Cushion-Effect of ESG: Evidence from domestic and cross-border deals between 2008 and 2020

    Magister-uppsats, Lunds universitet/Företagsekonomiska institutionen

    Författare :Tim Wasik; Filip Bolling; [2022]
    Nyckelord :Mergers and Acquisitions; ESG; CSR; Cross-border; Cumulative abnormal return.; Business and Economics;

    Sammanfattning : Purpose: This study investigates the short-term return around the announcement of domestic and cross-border M&A deals, completed by US firms between 2008 and 2020 and how they are affected by the acquiring firm's CSR performance. Methodology: An event study is conducted to establish the short-term return, using the market model to calculate the cumulative abnormal return (CAR) in relation to a market index. LÄS MER

  3. 8. SPAC merger vs traditional IPO

    Kandidat-uppsats, Lunds universitet/Nationalekonomiska institutionen

    Författare :Philip Kellerman; [2022]
    Nyckelord :SPAC; Event Study; Abnormal Returns; CAR; BHAR; Business and Economics;

    Sammanfattning : Special Purpose Acquisition Companies are surging in popularity as a way for companies to go public. As half of the initial public offerings on US stock exchanges were SPACs in 2021 there seems to be no indication of SPACs slowing down. LÄS MER

  4. 9. Abnormal returns for IPOs on the Swedish stock exchange

    Kandidat-uppsats,

    Författare :Björn Landelius; David Molin; [2021-06-28]
    Nyckelord :IPO; Underpricing; Event Study; Multivariate Regression; Efficient Market Hypothesis; Winner s Curse;

    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

  5. 10. The effect of cultural distance on cross-border M&A performance by emerging market firms - A multiple measurement analysis

    Master-uppsats, Uppsala universitet/Företagsekonomiska institutionen

    Författare :Erik-Axel Vinterskog; Christoffer Chami; [2021]
    Nyckelord :Cross-border M A; Emerging markets; Cultural distance; Cross-border M A performance;

    Sammanfattning : This thesis examines how cultural distance affects cross-border M&A performance of emerging market firms. The study adds to the previous literature by using a multi-measurement approach, a broader sample of emerging countries and by comparing the effects to those of developed market firms. LÄS MER