Sökning: "capital structure on merger and acquisition"

Visar resultat 1 - 5 av 7 uppsatser innehållade orden capital structure on merger and acquisition.

  1. 1. SPAC Post-Merger Performance in the New Regime - An Agency Perspective

    Master-uppsats, Göteborgs universitet/Graduate School

    Författare :Niclas Leksell; Marcus Silkisberg; [2022-06-30]
    Nyckelord :SPACs; Special Purpose Acquisition Company; IPO; Merger; Acquisition; Business Combination; Post-merger performance; Agency conflicts; Event study;

    Sammanfattning : SPACs are shell companies without operations created to raise capital in an IPO and subsequently identify a non-listed operating company to merge with. As of the last three years (2019-2021), the SPAC has witnessed a significant surge in popularity on the back of several tailwinds, including regulatory legitimization efforts and the participation of blue-chip sponsors and investors. LÄS MER

  2. 2. Stock or Cash? Explaining the Payment Method Choice of M&As and the Effect on Performance on the European Developed Markets

    Master-uppsats, Göteborgs universitet/Graduate School

    Författare :gustav kollberg; john skantze; [2022-06-29]
    Nyckelord :Payment Method; Stock Bid; Cash Bid; Determinants of the Payment Method; Cumulative Abnormal Return; Opportunistic Behaviour; Rational Payment Design; M A; Information Asymmetry; Adverse Selection;

    Sammanfattning : We investigate what factors determine the choice of the payment method when choosing between payment of stocks or cash during an acquisition or merger. Furthermore, we examine how that choice of payment method affects the bidder’s performance in the short term by examining the changes in the cumulative abnormal return. LÄS MER

  3. 3. SPAC Post-Merger Performance

    Magister-uppsats, Lunds universitet/Nationalekonomiska institutionen

    Författare :Tim Söderman; Rasmus Hjorter Blomberg; [2021]
    Nyckelord :Special Purpose Acquisition Company SPAC ; Incentive Structure; Moral Hazard; Long-Term Performance; Management Expertise; Business and Economics;

    Sammanfattning : Special purpose acquisition companies (SPACs) are shell companies with no operational assets with the sole purpose of using the raised capital from the initial public offering (IPO) to acquire a private target firm within a predetermined time frame. This financial vehicle has in recent years surged in interest and media coverage. LÄS MER

  4. 4. Förvärvsbolag: Investerarskydd, informationsplikt och intressekonflikt - En undersökning av samspelet mellan Nasdaqs nordiska förvärvsbolagsregler och de unionsrättsliga informationskraven på värdepappersmarknaden

    Kandidat-uppsats, Lunds universitet/Juridiska institutionen; Lunds universitet/Juridiska fakulteten

    Författare :Aram Shokor Qasim; [2021]
    Nyckelord :Rättsvetenskap; Law; Börsrätt; Värdepappersmarknadsrätt; Law and Political Science;

    Sammanfattning : A shell company without an actual operation (acquisition company) can be listed on Nadaqs nordic market and acquire an unlisted company (target company) by merger. A merger is dependent on the shareholders approval at a special shareholders meeting. LÄS MER

  5. 5. The impact of M&A on shareholders’ Value; Determinants of the acquirer value creation; Empirical evidence from the Swedish Market.

    Magister-uppsats, Lunds universitet/Företagsekonomiska institutionen

    Författare :Badi Mousa; Hussam Restum; [2020]
    Nyckelord :Merger acquisition M A ; Cumulative abnormal returns CAR ; Value creation; Event study; Swedish market.; Business and Economics;

    Sammanfattning : The purpose of this thesis is to investigate the impact of M&A announcement on the acquirer shareholders' value in the Swedish market. We further aim to find the determinants behind these changes in the acquirer stock prices. LÄS MER