Sökning: "Firms"

Visar resultat 6 - 10 av 3979 uppsatser innehållade ordet Firms.

  1. 6. Motivation and performance of spin offs

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

    Författare :Guy Spencer; Katharina Ochs; [2019]
    Nyckelord :Spin off; Europe; Spin off performance; Spin off motivation; Crisis periods;

    Sammanfattning : In this paper we analyse share performance at announcement and in the years following execution, for a sample of 92 parent firms and 103 spun off entities, from 2000 to 2017. We find significant announcement effects, as well as evidence supporting long run outperformance of both the parent and spun off entities. LÄS MER

  2. 7. In search for the reputational investment factor

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

    Författare :Birger Myrberg; David Dreja; [2019]
    Nyckelord :Factor investing; Smart beta investing; Corporate reputation; Performance forecast; Risk-adjusted returns;

    Sammanfattning : This paper looks at corporate reputation and its effect on future firm performance using the Reputation Quotient (RQ) produced by Harris Interactive Inc. as proxy for reputation. LÄS MER

  3. 8. Does CSR Facilitate an Enhanced M&A Performance? - Empirical Evidence from Mergers and Acquisitions in Northern Europe

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

    Författare :Hugo Hågemark; Emma Hector; [2019]
    Nyckelord :Corporate Social Responsibility; Mergers and Acquisitions; Cumulative Abnormal Returns; Deal Duration; Northern Europe;

    Sammanfattning : Transaction volumes in the global mergers and acquisitions (M&A) markets are close to peak levels (JP Morgan, 2018) and companies', as well as capital markets' investments into corporate social responsibility (CSR) activities, are growing from already high levels (Kitzmueller and Shimshack, 2012; Nordea 2017). However, it is still uncertain whether any such investments succeed to generate shareholder value (Bruner, 2002; Margolis et at. LÄS MER

  4. 9. How did the Expanded Asset Purchase Program Ease Firms Financial Constraints

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

    Författare :Chunjie Wang; Yihui Feng; [2019]
    Nyckelord :The EAPP; long-term debt dependence; asymmetrical effect; reach for yield;

    Sammanfattning : This paper investigates whether the Expanded Asset Purchase Program (the EAPP), an unconventional monetary policy by the ECB has asymmetrical effects on non-financial firms in the eurozone. We note that the intervention of the ECB flattened the term structure and therefore conjecture that the EAPP has been more beneficial to firms that issue more long-term debts. LÄS MER

  5. 10. Capital Structure Volatility: Is capital structure constant or a varying residual?

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

    Författare :Henrik Nilsson; Xiaopeng Hu; [2019]
    Nyckelord :Capital structure; debt flow volatility; cash flow constraint;

    Sammanfattning : This paper examines the phenomenon of capital structure instability among private- and publicly listed firms in Sweden during the years 2000-2016. We observe a high level of capital structure volatility among private firms, while public firms appear to be more stable. LÄS MER