Sökning: "average abnormal return"

Visar resultat 16 - 20 av 142 uppsatser innehållade orden average abnormal return.

  1. 16. Changes in the Insider Trading Scene During the Covid-19 Pandemic : A Comparative Study of Insider Trading Behaviour Before and During Covid-19

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

    Författare :Enzo Cicak; Philip Ekengren; [2022]
    Nyckelord :Insider trading; Covid-19 Pandemic; Informative trading patterns; Working from home; Insider activity;

    Sammanfattning : This thesis examines if insider traders have performed better during a working from home setting imposed by the Covid-19 pandemic during 2020-2021. Building on previous work from (Cohen, Malloy, & Pomorski, 2012), we identify trades as routine or non-routine. LÄS MER

  3. 17. To Spin Off or Not To Spin Off?

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

    Författare :Henrik Nyberg; Johan Fohlin; [2022]
    Nyckelord :Spin-offs; Corporate Focus; Abnormal Returns; Operating Performance; Sharpe Ratio;

    Sammanfattning : This study investigates the value creation of U.S. spin-offs undertaken between 2010 and 2017 from three perspectives. Firstly, shareholder wealth creation is analyzed through tests on unadjusted abnormal announcement-day returns and unadjusted abnormal long-term returns. LÄS MER

  4. 18. Does size matter? Analysis of stock price reaction to green bonds announcements

    Kandidat-uppsats,

    Författare :Yasmine Ben Rouha; Khaled Khouja; [2021-07-13]
    Nyckelord :Green Bonds; Sustainability; Efficient Market Hypothesis; Signaling Theory; Abnormal Return; Cumulative Abnormal Return; Amount Issued;

    Sammanfattning : The recent large growth in the green bond market has been shown in previous studies to yield abnormal returns as the market value of the stock reacts to the announcement of green bond issuance. This study uses a sample of 90 observations, of which 61 are from the Swedish market and the remaining 29 from the American market. LÄS MER

  5. 19. Wealth effects associated with spin-offs: Empirical evidence from the Nordics

    Master-uppsats, Göteborgs universitet/Graduate School

    Författare :Robin Abrahamsson; Gustav Berneblad; [2021-06-30]
    Nyckelord :Spin-offs; wealth effects; cumulative average abnormal return; announcement date; long-run performance; ; efficient market hypothesis;

    Sammanfattning : This study focuses on the abnormal returns associated with spin-offs in the Nordics. The sample consists of 84 completed spin-offs between 2000 and 2020. Similar to the vast majority of previous studies, a significant three-day cumulative average abnormal return around the announcement date is documented, showing abnormal returns of 3.03%. LÄS MER

  7. 20. Abnormal returns for IPOs on the Swedish stock exchange

    Kandidat-uppsats,

    Författare :Björn Landelius; David Molin; [2021-06-28]
    Nyckelord :IPO; Underpricing; Event Study; Multivariate Regression; Efficient Market Hypothesis; Winner s Curse;

    Sammanfattning : We examine the occurrence of underpricing and short-term performance of a sample of 216 Swedish IPOs between 2017-2021. The theories used are the Efficient Market Hypothesis, Underpricing, Information asymmetry which contains both the Principal Agent Theory and the Signaling Theory, and beyond that, the Winner’s curse. LÄS MER