Sökning: "Overallotment option"

Hittade 3 uppsatser innehållade orden Overallotment option.

  1. 1. The Influence of Overallotment Options and Price Stabilisation in the IPO Aftermarket

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

    Författare :Björn Nilsen; Oskar Wilhelmsson; [2019]
    Nyckelord :Overallotment Option; Price Stabilisation; Initial Public Offerings; Aftermarket Trading; Bid-Ask Spreads;

    Sammanfattning : Underwriters are normally granted an overallotment option by issuers in conjunction with initial public offerings (IPOs). Prior research has established that its main purpose is to enable underwriters to engage in price stabilisation activities in the aftermarket of an IPO. LÄS MER

  2. 2. An Empirical Examination of IPO Underpricing in Hong Kong and Singapore

    Magister-uppsats, Lunds universitet/Företagsekonomiska institutionen

    Författare :Yuhong Chen; Yingxia Li; Stephanie Ling Li Loh; [2009]
    Nyckelord :IPO underpricing; Hong Kong; Singapore; Management of enterprises; Företagsledning; management; Business and Economics;

    Sammanfattning : The objective of this thesis is to investigate the main determinants of IPO underpricing for firms listed in Hong Kong and Singapore from 2004 to 2008. Data collected from the Datastream and Reuters, together with the information disclosure in both stock exchanges is used to examine the significance of different variables in order to explain the IPO underpricing level. LÄS MER

  3. 3. The usage and effects of overallotment arrangements in Swedish IPOs: An empirical study of IPOs on the Stockholm Stock Exchange 1999-2008

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

    Författare :David Strömberg; Marcus Oskarsson; [2009]
    Nyckelord :Overallotment arrangement; Overallotment option; Green Shoe-option; aftermarket short covering; price stabilization;

    Sammanfattning : The majority of Swedish IPOs nowadays include an overallotment arrangement which enables the underwriter to stabilize the share price of the IPO if it is needed. This thesis examines how the underwriter uses the overallotment arrangement, and what beneficial effects the arrangement has for investors and the seller of the IPO. LÄS MER