Sökning: "IPO underperformance"

Visar resultat 1 - 5 av 36 uppsatser innehållade orden IPO underperformance.

1. 1. From Hype to Longevity: Evaluating the Endurance of Swedish IPOs : A quantitative approach to measure the long-term performance of IPOs

   Kandidat-uppsats,

   Författare :Vilhelm Carlsson; Alva Persson; Flora Kahlman; [2023]
   Nyckelord :Initial Public Offering IPO ; Long-term IPO Performance; Swedish Stock Market; Behavioral Finance; Asymmetric Information Theory;

   Sammanfattning : The prospect of earning extraordinary returns drives the allure of investing in new companies through IPOs. However, this approach may be flawed due to market conditions, information asymmetry, and behavioral biases. Past research supports evidence of the long-term underperformance of IPOs compared to the market index. LÄS MER

3. 2. SPAC Post-Merger Performance in the New Regime - An Agency Perspective

   Master-uppsats, Göteborgs universitet/Graduate School

   Författare :Niclas Leksell; Marcus Silkisberg; [2022-06-30]
   Nyckelord :SPACs; Special Purpose Acquisition Company; IPO; Merger; Acquisition; Business Combination; Post-merger performance; Agency conflicts; Event study;

   Sammanfattning : SPACs are shell companies without operations created to raise capital in an IPO and subsequently identify a non-listed operating company to merge with. As of the last three years (2019-2021), the SPAC has witnessed a significant surge in popularity on the back of several tailwinds, including regulatory legitimization efforts and the participation of blue-chip sponsors and investors. LÄS MER

4. 3. Long-term IPO performance on the Swedish stock market : An event study on Swedish Initial Public Offerings

   Magister-uppsats, Linnéuniversitetet/Institutionen för ekonomistyrning och logistik (ELO)

   Författare :Filip Lööf; Jakob Åkerlund; [2022]
   Nyckelord :Initial Public Offerings; IPO; Information asymmetry; Behavioral finance; Long-term performance; Abnormal returns;

   Sammanfattning : Context The number of Initial Public Offerings on the Swedish market has increasedrapidly over the last decade, reporting over 100 IPOs only in 2021. Although theincrease has been extraordinary, the majority of the IPO performance researchhas been conducted on larger markets such as the US, Germany, and China. LÄS MER

5. 4. Patience, a New Variable in the IPO-Puzzle? : A quantitative study on whether an early IPO negatively affects aftermarket performance

   Uppsats för yrkesexamina på avancerad nivå, Umeå universitet/Företagsekonomi

   Författare :Viktor Hansson; Viktor Renström; [2022]
   Nyckelord :Initial Public Offering; Sweden; Aftermarket Performance; BHAR; Monthly Abnormal Return; Private Equity; Long-run Event Study;

   Sammanfattning : The Swedish market has over the past couple of years seen a large increase in companies going public through an IPO. At the same time the capital on the private equity market is increasing for each year which enables companies to stay private longer. Our research focuses on two main areas. LÄS MER

7. 5. The High Risk and High Reward Game : Performance of Venture Capital Backed IPOs

   Master-uppsats, Linnéuniversitetet/Institutionen för ekonomistyrning och logistik (ELO)

   Författare :Johanna Karlsson; Didrik Brinkestam Persson; [2021]
   Nyckelord :Initial public offerings; venture capital; venture capital backed IPOs; non-venture capital backed IPOs; underpricing; initial first day return; abnormal return;

   Sammanfattning : For start-up businesses, the source of outside capital can be retrieved from the venture capital industry. The venture capital industry has grown substantially over the past 50 years, reaching its pinnacle during the internet bubble in the 1990s and serves as an important contributor to the economy. LÄS MER