Sökning: "Corporate governance underpricing"

Visar resultat 1 - 5 av 6 uppsatser innehållade orden Corporate governance underpricing.

  1. 1. Dressed for success when entering the Swedish market : Changes and composition of the board of directors in IPO companies and the effect on firm valuation

    Master-uppsats, Uppsala universitet/Företagsekonomiska institutionen

    Författare :Erik Staaf; Joel Gotthardsson; [2022]
    Nyckelord :IPO; Valuation; Corporate Governance; Board of Directors; Agency Theory;

    Sammanfattning : The initial public offering (IPO) of a company is characterized by uncertainty, and a large body of research has focused primarily on underpricing. This study takes a different approach by examining the changes and composition of the board of directors in IPO companies and the effect on market valuation measured by the market-to-book ratio. LÄS MER

  3. 2. A study on CEO experience and its effect as a signalling mechanism on IPO underpricing

    C-uppsats, Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Författare :Hjalmar Sörensen; Isak Muhr; [2021]
    Nyckelord :CEO experience; IPO underpricing; information asymmetry; signalling theory; corporate governance;

    Sammanfattning : We examine if CEO experience functions as a signalling mechanism in initial public offerings (IPOs), reducing information asymmetry and consequently, IPO underpricing. To investigate this, we perform a multiple OLS regression on a hand-collected sample of 220 IPOs on Nasdaq Stockholm between 1 January 2010 and 15 March 2021. LÄS MER

  4. 3. Can corporate governance, as a signal of the level of agency cost, have an impact on IPO underpricing? A study on 115 Swedish IPO firms

    C-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi; Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Författare :Filippa Larsson Nathhorst; Sara Wikström; [2020]
    Nyckelord :Initial Public Offering; Underpricing; Corporate governance; Board structure; Agency costs;

    Sammanfattning : This thesis investigates whether corporate governance can signal the level of agency costs and have an impact on the IPO underpricing. By researching 115 Swedish IPO firms between the years 2000 and 2019, the study conducts a number of multiple variable regressions using four board structure variables. LÄS MER

  5. 4. Does Board Structure Impact IPO Underpricing? - Evidence from Sweden

    D-uppsats, Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering; Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Författare :Alex Torgersson; Marc Bergmann; Maria Lindholm; [2018]
    Nyckelord :Initial Public Offerings; Underpricing; Corporate Governance; Board Characteristics; Board Independence;

    Sammanfattning : This paper applies a mixed research method and signaling theory to study the effect of certain board characteristics on IPO underpricing in Sweden. By examining 316 IPOs and 1,678 board members between 2014 and 2018 through various regressions, the analysis demonstrates that board size, board diversity, and education as a proxy for competence, are not correlated with underpricing. LÄS MER

  7. 5. Kontroll och värde i kontext av börsintroduktioner : En kvantitativ studie om aktiestruktur och underprissättning

    Kandidat-uppsats, Högskolan Kristianstad/Sektionen för hälsa och samhälle

    Författare :Teodor Opasiak; [2016]
    Nyckelord :Kontroll; Underprissättning; IPO; Bolagsstyrning;

    Sammanfattning : Uppsatsen åsyftar att studera hur kontroll genom användandet av en differentierad aktiestruktur påverkar företagsvärdet vid en börsintroduktionsprocess. Tidigare litteratur har undersökt huruvida företag medvetet undervärderas för att få aktien övertecknad i samband med introduktion. LÄS MER