Sökning: "SPACs"

Visar resultat 21 - 25 av 25 uppsatser innehållade ordet SPACs.

  1. 21. Modelling the adoption of SPACs with Bass’ diffusion model

    Kandidat-uppsats, Mälardalens högskola/Akademin för utbildning, kultur och kommunikation

    Författare :Jezper Löfberg; Albin Lindström; [2021]
    Nyckelord :Bass Diffusion model; Special Purpose Acquisition Companies; Multiple Regression analysis; Bayesian stochastics.;

    Sammanfattning : The recent observed growth in the diffusion of Special Purpose Acquisition Companies phenomena on the U.S stock market may be analyzed from a mathematical standpoint, where different approaches of the Bass Diffusion Model might be utilized. LÄS MER

  2. 22. Spaculative Sentiment - An Analysis of the Impact of Investor Sentiment on SPAC Activity and Performance

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

    Författare :Hannes Weidemann; Eid Jazairi; [2021]
    Nyckelord :Special purpose acquisition company; Investor sentiment; Speculative; Cross-sectional variation;

    Sammanfattning : SPACs have experienced a puzzling surge in popularity despite academics documenting their severe historic underperformance. This paper adds a new layer to previous research by investigating whether market sentiment can explain SPAC activity and performance. We find that SPAC activity rises when investor sentiment falls. LÄS MER

  3. 23. The Ups and Downs of SPACs - An analysis of abnormal returns for recent SPACs during its different stages

    Magister-uppsats, Lunds universitet/Nationalekonomiska institutionen

    Författare :Ludwig Wolff; Filip Ternemo; [2021]
    Nyckelord :SPACs; Special Purpose Acquisition Company; Event Study; Agency Theory; Abnormal Returns; CAR; BHAR; Business and Economics;

    Sammanfattning : As Special Purpose Acquisition Companies (SPACs) are becoming the increasingly popular method of taking a company public, the lack of research on abnormal returns for this asset class since its introduction to the major exchanges validates a reason to expand the investigation. This thesis examines the potential abnormal returns found in different stages of recent SPACs lifecycle, dividing the SPACs into its three major events. LÄS MER

  4. 24. Development of SPAC 3.0: Empirical Evidence on SPAC Performance and Moral Hazard

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

    Författare :Hyun Won Yi; Kai Van Eckert; [2020]
    Nyckelord :Special Purpose Acquisition Company; Regulation; Initial Public Offering; Frictions; Moral Hazard;

    Sammanfattning : Special purpose acquisition companies (SPACs) are shell companies equipped with money raised in an initial public offering (IPO) to identify and acquire a private target within a specified timeframe. For private targets that acquire public status after a merger with a SPAC, SPACs are a reliable and fast alternative route to access public markets. LÄS MER

  5. 25. Spacquisitions: Route to market and long-term performance

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

    Författare :Amanda Johansson; Sara Engström; [2020]
    Nyckelord :SPAC; Special purpose acquisition company; Going public; Route to market; JOBS Act;

    Sammanfattning : Special purpose acquisition companies (SPACs) have experienced a recent surge in interest and coverage from the finance community. At the same time, researchers state that the topic is vastly understudied compared to the attention it is generating. LÄS MER