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Hittade 2 uppsatser som matchar ovanstående sökkriterier.

1. 1. Why do Financial Buyers Pay a Smaller Premium Compared to Operating Buyers? - A Study on European Buyouts

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

   Författare :Daniel Andersson; Jenny Siljeströmer; [2013]
   Nyckelord :Transaction premium; Buyouts; Europe; Operating performance; Buyer identity;

   Sammanfattning : In this thesis, we investigate if there is a difference in premium paid in buyouts by financial and operating buyers and if this potential difference can be explained by differences in post-buyout operating performance. In a large sample of 1,058 buyouts from European stock exchanges between 1997 and 2012 we find that financial buyers pay 9 percentage points less than operating buyers, after controlling for a set of target and deal characteristics. LÄS MER

3. 2. Can the Momentum Strategy be Improved by Adding a Risk Measure?

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

   Författare :Johanna Nyman; Jenny Siljeströmer; [2011]
   Nyckelord :Momentum; Value at risk; Risk evaluation; Double sorting; Sweden;

   Sammanfattning : In this thesis it is tested if it is possible to gain momentum effects on a different type of evaluation and how momentum is affected when historical risk patterns are taken into account on Swedish data. The purpose of the thesis is to investigate whether an investor can generate higher momentum profits with lower risk if risk is included in the evaluation process. LÄS MER