Avancerad sökning

Hittade 2 uppsatser som matchar ovanstående sökkriterier.

  1. 1. Stock Market Reaction on Air Polluted Days: The Case of China

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

    Författare :Johan Bolte; Che Liu; [2016]
    Nyckelord :Chinese stock market; Market efficiency; Mood effect; Smog; CSR reporting;

    Sammanfattning : This study examines the Chinese stock market reaction to 22 smog events between 2012 and 2015. Two possible mechanisms, a 'rational' reaction based on value relevance and an 'irrational' reaction based on psychological bias, are recognized to explain the interrelationship between smog events and a potential market reaction. LÄS MER

  2. 2. Equity Market Timing and the Capital Structure of Swedish Firms

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

    Författare :Johan Bolte; Anton Truvé; [2014]
    Nyckelord :Capital Structure; Equity Market Timing; Trade-off Theory; Leverage Ratio; Equity Issues;

    Sammanfattning : We test the equity market timing hypothesis using yearly data from 1994-2013 for a sample of Swedish firms listed on Stockholm OMX. We do not find any support for market timing when using Kayhan and Titman's (2007) market timing measures. LÄS MER