Sökning: "Premia"

Visar resultat 21 - 25 av 46 uppsatser innehållade ordet Premia.

  1. 21. Buying to be bought out: An empirical study of shareholder activists chasing superior returns by guiding their targeted companies into being acquired in an M&A transaction

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

    Författare :Stanislava Podlesnaya; [2017]
    Nyckelord :Shareholder activism; Hedge funds; M A; Buyout; Event study;

    Sammanfattning : In our thesis we examine the shareholder activism strategy with a focus on attempting to gain superior returns by guiding the companies towards a sale. We specifically look at the wealth creation effect at companies that are targeted by activists, using the event study method and try to tie the abnormal returns of their involvement to the level of premia offered in a later buyout with a simple OLS regression. LÄS MER

  3. 22. The Impact of Demographic and Socioeconomic Factors on Municipal Bond Coupon Rates

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

    Författare :Dimitri Yakupov; Karl Bokvist; [2016]
    Nyckelord :Municipal bonds; Demographic factors; Socioeconomic factors; Cost of debt; U.S. counties;

    Sammanfattning : This thesis aims to understand and explain if and how demographic and socioeconomic factors affect the cost of debt for local governments, namely U.S. counties when issuing municipal bonds. By first discussing potential factors that may prove significant to financial performance, correlation analysis and model testing are made. LÄS MER

  4. 23. The Value Creation of Intellectual Property in Mergers and Acquisitions

    Master-uppsats, Lunds universitet/Nationalekonomiska institutionen

    Författare :Mark Wallertoft; Philip Stenholm; [2016]
    Nyckelord :intellectual property; mergers and acquisitions; patents; value creation; Business and Economics;

    Sammanfattning : This thesis examines the shareholder value creation of IP in M&A. Using a unique patent-M&A data set over the period 2006 to 2016, we show that acquirers of companies holding IP gain significantly more shareholder value than acquirers of targets not holding IP. LÄS MER

  5. 24. Firm-Specific Variables and Expected Stock Returns - A study on the German Market -

    Magister-uppsats, Lunds universitet/Företagsekonomiska institutionen

    Författare :Dylan Remmits; Viktoria Knittel; [2015]
    Nyckelord :Expected Stock Returns; Fama-MacBeth Cross-Sectional Regression; Risk Premia; German Market; Value Investing; Factor Investing; Portfolio Approach; Conditional Beta; Firm-Specific Variables; Business and Economics;

    Sammanfattning : Purpose: The purpose of this thesis is to investigate which firm-specific variables can explain the cross-section of expected stock returns in the German market. The tested explanatory variables are market beta, firm size, the book-to-market ratio, the earnings-to-price ratio, leverage, the dividend yield, the cash flow-to-price ratio and sales growth. LÄS MER

  7. 25. Sense and Sensibility - How Women Help Corporations Make More Informed Decisions: A research study about the gender effect on corporate acquisitions in Sweden during the period 1999-2014

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

    Författare :Jolin Holmgren; Hannah Larby; [2015]
    Nyckelord :director gender; CEO gender; mergers and acquisition; overconfidence; risk aversion;

    Sammanfattning : The gender effect on corporate decision-making and on financial behaviour has been thoroughly studied, and gender equality is today on top of many corporate agendas. However, few studies have focused on the gender effect on corporate acquisitions, even though this is one of the most significant economic events a company can go through. LÄS MER