Sökning: "Abnormal Liquidity"
Visar resultat 6 - 10 av 36 uppsatser innehållade orden Abnormal Liquidity.
6. Stock price reactions to analysts’ recommendations. Do analysts make a valuable contribution to price discovery?
Magister-uppsats, Lunds universitet/Nationalekonomiska institutionenSammanfattning : The aim of this thesis was to investigate if stock recommendations published by financial analysts make a valuable contribution to price discovery on the Swedish stock market. This was achieved by examining the abnormal returns for two time windows, the surrounding days of published recommendations and the next two weeks after publication. LÄS MER
7. The Impact of Coverage Initiations: Do Swedish Small Cap Firms Benefit From Analyst Coverage?
C-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiSammanfattning : This study analyzes the value impact of coverage initiations on Swedish small cap firms by looking at stock price reactions and change in liquidity for firms where a commission-based analyst coverage is initiated during the period 2015-2019. The study is a partial replication and extension of Dhiensiri and Sayrak's (2010) paper ''The Value Impact of Analyst Coverage'' and has been performed using an event study methodology, including ordinary least square regressions, to calculate normal returns and estimate abnormal returns during a period around the publication of the coverage initiation. LÄS MER
8. An Analysis of M&A Activity in the European SME Market and Value Drivers of Post-Merger Performance
Magister-uppsats, Lunds universitet/Nationalekonomiska institutionenSammanfattning : Abstract This thesis investigates the impacts pre-merger characteristics play in long-term post-merger performance from a sample of small and medium sized enterprises whom conducted M&A activity within the European Union between the time period of 2011-2013. Using data collected, a quantitative analysis was performed to measure the impact of six separate factors on post-merger performance analyzing the abnormal ROA through the inclusion of pre-merger performance as a control variable. LÄS MER
9. Determinants of Bidders' Abnormal Returns in Technology Mergers and Acquisitions
Kandidat-uppsats,Sammanfattning : We study 314 mergers and acquisitions (M&As) of European and American technology firms between 2004 and 2018. Using the standard event study methodology, this paper analyzes the abnormal returns of bidders in the event window around the M&A announcement date to investigate whether or not technology M&As create value. LÄS MER
10. Chasing Sustainable Stocks: A Superior Investment Decision? - An ESG Investment Study
C-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiSammanfattning : Sustainable investing is trending, amounting to $30 trillion in assets under management world-wide in 2018 and it is predicted to grow even larger in the years to come. This thesis studies ESG portfolio performance of three comparable portfolios, a Sustainable, a Good Enough and an Unsustainable portfolio constructed using ESG-score in relation to their Global Industrial Classification Standard (GICS), between 2004 - 2018 in the U. LÄS MER
