Sökning: "cumulative average abnormal return"

Visar resultat 21 - 25 av 58 uppsatser innehållade orden cumulative average abnormal return.

  1. 21. How Markets Value The Blockchain Technology: An Empirical Analysis

    Magister-uppsats, Lunds universitet/Nationalekonomiska institutionen

    Författare :Samuel Schleiss; [2018]
    Nyckelord :Blockchain; Event Study; Bitcoin; Valuation; Name Change; Markets; Business and Economics;

    Sammanfattning : In this work company announcements of blockchain name changes are empirically analysed to obtain a sense of how markets value the blockchain technology. This “blockchain effect” is analysed using an event study in order to calculate cumulative abnormal returns for multiple event windows. LÄS MER

  3. 22. Revealing the life above the ceiling - A study of the glass cliff in Sweden

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

    Författare :Beata Enwall; Bruno Wisniewski; [2018]
    Nyckelord :Gender equality; CEO appointments; Company performance;

    Sammanfattning : We study the correlation between company performance and the selection of gender in 236 CEOs appointments in Sweden over the years 2005-2016. We seek to investigate whether the "glass cliff" is prevalent in Sweden, a phenomenon which states that female leaders are appointed to leadership positions associated with higher risk of failure to a larger extent than men. LÄS MER

  4. 23. Do Acquisitions Generate Abnormal Returns? Evidence from the Deregulated Electric Utility Industry

    Master-uppsats, Uppsala universitet/Företagsekonomiska institutionen

    Författare :Ronald Steensma; [2018]
    Nyckelord :Mergers; Acquisitions; Restructuring; Corporate Governance; Firm Performance: Size; Diversification; and Scope; Electric Utilities;

    Sammanfattning : From 1992 onwards, the market for corporate control has been changing as a consequence of deregulation in the North American and West European electric utility industry. Motivated by the lack of consensus on the value creation of acquisitions in the deregulated electric utility industry, this study is conducted. LÄS MER

  5. 24. Short Selling: Domestic and Foreign Performance Differences : A study of the Swedish Short Selling Market

    Master-uppsats, Uppsala universitet/Företagsekonomiska institutionen

    Författare :Oscar Eriksson; Olle Sahlman; [2018]
    Nyckelord :short selling; domestic and foreign investors; performance differences; performance variation; abnormal return; cumulative abnormal return CAR ; buy-and-hold abnormal return BHAR ; Swedish financial market;

    Sammanfattning : The purpose and intent of this study is to conduct comparative research between domestic and foreign investors in regard to short selling positions on the Swedish financial market. The performance differences are measured by compounding short selling positions by the investors between 2015-2018. LÄS MER

  7. 25. Spin-offs and Shareholder Value Creation: Factors Affecting the Returns Associated with Spin-off Announcements

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

    Författare :Markus Hedborg; Erik Jonsson; [2018]
    Nyckelord :spin-off; US equity markets; industrial focus; underperformance; indebtedness;

    Sammanfattning : We examine the effect of announcements of spin-offs on shareholder value. Using a sample of 153 spin-offs announced in the United States between 2007 and 2017 inclusive, we find that spin-offs on average are associated with a cumulative abnormal return over a three-day event window surrounding the announcement date of 4,20 %. LÄS MER