Sökning: "Hjalmar Kågerman"

Hittade 2 uppsatser innehållade orden Hjalmar Kågerman.

  1. 1. Post-Earnings-Announcement Drift and Investor Sophistication: Employing buy-side, sell-side and inside proxies in a Swedish setting

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

    Författare :Hjalmar Kågerman; Erik Orbring Svensson; [2014]
    Nyckelord :post-earnings-announcement drift; investor sophistication; institutional ownership; analyst experience; insider trading;

    Sammanfattning : This paper studies the post-earnings-announcement drift and its connection to investor sophistication in Sweden over a time period ranging from 2004 to 2013. Using a sample of 215 stocks, it is first hypothesized and shown that a portfolio long (short) in shares with positive (negative) earnings announcement returns yields economically and statistically significant cumulative abnormal returns over a 60-day holding period. LÄS MER

  2. 2. Labor Bargaining Power and Capital Structure: A Study of the Impact of Labor Bargaining Power on Financial Leverage in Sweden

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

    Författare :Patrik Kvistrum; Hjalmar Kågerman; [2012]
    Nyckelord :labor bargaining power; capital structure; unionization; collective agreements; financial leverage;

    Sammanfattning : In this thesis, data on 277 Swedish listed companies over the period 2005-2011 is used to examine the relationship between labor bargaining power and financial leverage employing two different methods. First, we find that firms with higher unionization rates on average have a lower debt-to-capital ratio. LÄS MER