Sökning: "Tim Jörnhammar"

Hittade 2 uppsatser innehållade orden Tim Jörnhammar.

  1. 1. Information Production, Firm Complexity, and the Underpricing of Initial Public Offerings in Sweden

    Magister-uppsats, Lunds universitet/Företagsekonomiska institutionen

    Författare :Dyar Allaf; Tim Jörnhammar; [2021]
    Nyckelord :complexity; initial public offerings; underpricing; information production; Business and Economics;

    Sammanfattning : This paper studies whether the level of IPO underpricing is enforced by increased firm complexity. Evidence from a sample of 215 Swedish IPOs between 2010–2020 suggests that investor’s ex-ante uncertainty increases as issuing firms become increasingly complex. LÄS MER

  3. 2. IPO Underpricing on small- and microcap companies : A study of first-day returns on Spotlight Stock Market

    Kandidat-uppsats, Uppsala universitet/Företagsekonomiska institutionen

    Författare :Tim Jörnhammar; Dyar Allaf; [2020]
    Nyckelord :Initial Public Offerings; IPO underpricing; Spotlight Stock Market; IPO influencing factors; multiple regression model;

    Sammanfattning : Historical evidence suggests that initial public offerings (IPOs), on average, are priced below their intrinsic value. In this paper, we investigate the magnitude of IPO underpricing on small- and microcap companies listed on the stock exchange Spotlight Stock Market, over the period 2012–2019. LÄS MER