Sökning: "Merger announcement returns"

Visar resultat 1 - 5 av 22 uppsatser innehållade orden Merger announcement returns.

1. 1. To Merge or Not to Merge: The Shareholder Perspective on M&As

   Magister-uppsats, Lunds universitet/Nationalekonomiska institutionen

   Författare :Gustaf Sandelin; Serge Terzian; [2023]
   Nyckelord :Mergers and acquisitions; determinants of value creation; event studies; European manufacturing industry.; Business and Economics;

   Sammanfattning : This study examines if abnormal return occurs in conjunction with merger announcements in the short-term and compares it with the compounded one-year buy-and-hold abnormal return in the long-interval for European manufacturing firms. In the final sample, the short-term study consisted of 209 firms, while the long-term incorporated 207, both during a sample period of 20 years. LÄS MER

3. 2. Master’s Thesis in Finance Short-term SPAC Performance- Empirical Evidence on Pre-merger SPAC Performance

   Master-uppsats, Göteborgs universitet/Graduate School

   Författare :Marko Stankovic; Valter Trollius; [2022-06-29]
   Nyckelord :;

   Sammanfattning : The paper aims to shed light on the topic surrounding short-term SPAC performance. The primary focus is on whether two of the most prominent events in a SPACs lifecycle, merger announcement and merger completion, show signs of abnormality regarding short-term returns. The event study documents a 5. LÄS MER

4. 3. CSR and Value Creation: Does CSR Performance Affect Merger Outcome?

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

   Författare :Rohel Nazmul; Bilal Ibrahim Ali; [2022]
   Nyckelord :CSR; ESG; Mergers; Merger announcement returns; Sustainability;

   Sammanfattning : With the ever-increasing global challenges, the world is facing, sustainability continues to be a major focus in society. Consequently, corporate social responsibility (CSR) is becoming an increasingly common topic of discussion for businesses. Today, firms are dedicating more resources to CSR than ever. LÄS MER

5. 4. Return of the SPAC

   Master-uppsats, Göteborgs universitet/Graduate School

   Författare :Joakim Nilsson; Philip Svensson; [2021-06-30]
   Nyckelord :SPAC; Efficient Market Hypothesis; Market anomalies; Event study; Incomplete information JEL;

   Sammanfattning : Past empirical research on Special Purpose Acquisition Companies has demonstrated long-term negative returns following the merger due to the flawed structure, mainly attributed to incomplete information. This paper examines the return of SPACs in the short-term surrounding two events: target deal announcement and merger completion. LÄS MER

7. 5. Do qualified key management create shareholder value? Evidence from Nordic M&As

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

   Författare :Love Berglund; Markus Hedborg; [2021]
   Nyckelord :M A; shareholder value; key management; managerial characteristics; event study;

   Sammanfattning : In this paper we investigate the relation between managerial characteristics and shareholder value in the context of a merger or acquisition announcement. We use a Nordic dataset on completed mergers and acquisitions, paired with unique data on analyst rankings to proxy for managerial traits, between 2004 and 2018. LÄS MER