Sökning: "cornerstone investors"

Visar resultat 1 - 5 av 14 uppsatser innehållade orden cornerstone investors.

1. 1. Showing Off in Initial Public Offerings: The Proportion of Institutional Cornerstone Investors in IPOs and the State of the IPO Market

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

   Författare :Johan Björkman; Samuel Lindström; [2023]
   Nyckelord :Institutional Cornerstone Investors; Initial Public Offering IPO ; Hot IPO Markets; Cold IPO Markets; Institutional investors;

   Sammanfattning : The paper analyzes the participation of institutional cornerstone investors in initial public offerings (IPOs) using data from NASDAQ Main Market and First North Growth Market in Stockholm between 2015 and the first half of 2023. We identify positive relationships between both hot and cold IPO market periods and the proportion of institutional cornerstone investors in IPOs. LÄS MER

3. 2. Go Big or Go Home:A quantitative study on the role of institutional cornerstone investors in Initial Public Offerings and their relationship to IPO underpricing

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

   Författare :David Björkman; Nils Landoff; [2023]
   Nyckelord :Initial Public Offering; Underpricing; Institutional Cornerstone Investors;

   Sammanfattning : This study examines the correlation between institutional investors as cornerstone investors and the underpricing of initial public offerings (IPOs) in Sweden. The study analyzes a total sample of 371 observations between 2015 and 2022, including 165 observations backed by institutional cornerstone investors, 163 observations backed by non-institutional cornerstone investors and 43 observations without cornerstone investors. LÄS MER

4. 3. 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

5. 4. Customers & Innovation as Share Price Determinants of The Cloud's New Cornerstone

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

   Författare :Carl Oscar Milebratt; Oscar Holmbergh; [2021]
   Nyckelord :Software-as-a-Service; Subscription-based enterprises; Earnings per share; Research and development; Customer Acquisition Cost;

   Sammanfattning : This paper examines the effect of revenue, customer acquisition cost, research and development expenses, and earnings per share on the share price movements of SaaS companies listed on the New York Stock Exchange or Nasdaq. Additionally, the report explores if the metrics explanatory power varies between large SaaS companies (market capitalization > 10 billion USD) and mid- and small-cap companies (market capitalization < 10 billion USD). LÄS MER

7. 5. Does skill matter? - A study on the relationship between cornerstone investors and underpricing in the Swedish IPO market

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

   Författare :Sebastian Johansson; Arvid Rosberg; [2020]
   Nyckelord :IPO underpricing; Cornerstone investors; Cornerstone investor skill;

   Sammanfattning : Swedish IPOs backed by cornerstone investors have increased from 10% of all IPOs in 2014 to 90% of all IPOs in January to September of 2020. Although theories regarding IPO underpricing are well developed, the connection to cornerstone investors has not yet been fully covered in financial research. LÄS MER