Sökning: "dual listing"

Visar resultat 1 - 5 av 6 uppsatser innehållade orden dual listing.

1. 1. CEO Incentives and firm risk: in the context of cross-listing

   Magister-uppsats, Lunds universitet/Företagsekonomiska institutionen

   Författare :William Lennartsson; Harley Ljungdahl; [2019]
   Nyckelord :CEO compensation; CEO incentives; Stock options; Firm risk; Black-Scholes; Delta; Vega; Agency Theory; Business and Economics;

   Sammanfattning : This research aims to investigate the relation of CEO compensation, especially how the sensitivity of CEO wealth to stock return volatility (vega), but also how the sensitivity of CEO wealth to stock price (delta) affects the risk of the firm. Moreover, these relations are investigated in the context of cross-listing to examine whether there are differences between US-only listed firms and those that are dual listed. LÄS MER

3. 2. Do Chinese Dual-listed Companies "Return with Glory" in Their Mainland IPOs ?

   Magister-uppsats, Lunds universitet/Nationalekonomiska institutionen

   Författare :Wenxin Zhao; Kangni Lang; [2019]
   Nyckelord :Dual-listing; Market segmentation; Stock return; Event study; Cumulative abnormal return; Business and Economics;

   Sammanfattning : Dual-listing has become a popular approach for companies to seek funding and international expansion. Typically companies grow big from less developed domestic markets and march into developed markets. However, China, as an emerging market economy has witnessed a wave of Hong Kong-listed companies returning to the mainland for a second IPO. LÄS MER

4. 3. Stock-Price-Based M&A Performance Evaluation of the A-H Dual-Listed Acquirers-- Based on China's A-Share Stock Market and Hong Kong Stock Market

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

   Författare :Yiming Song; Chen Liu; [2018]
   Nyckelord :M A performance; A-H dual-listed companies; A-share market; H-share market; Chinese M A;

   Sammanfattning : Using the data from A-share market and H-share market during 2014 - 2017, this thesis mainly analyzes how stock returns of the acquirers changed before and after the M&A announcements and how the changes were linked to the selected impact factors, such as dual listing, payment method, controlling position or minor position, overseas or domestic, etc. The main method is to use event study method and CAPM to calculate the excess returns of the acquires during M&A event window, then do regression of the impact factors on excess returns. LÄS MER

5. 4. The Effects of Delisting on Liquidity and Volatility : A case study on Nordic companies

   Magister-uppsats, Högskolan i Jönköping/IHH, Företagsekonomi

   Författare :Alexander Svensson; Anton Heikenström; [2016]
   Nyckelord :Cross-listing; Delisting; Market integration; Liquidity; Volatillity; Stock markets;

   Sammanfattning : Cross-listing has for decades been an instrument for entering a new market with the intention of gaining extra trading volume and increased liquidity. Recently, we have observed a significant decrease in newly issued ADR’s which has lead us to wonder whether this instrument is still an efficient option. LÄS MER

7. 5. Financial information relevance with stock return and return disparity study: case for China A-H dual-listed companies

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

   Författare :Huizi Zeng; [2011]
   Nyckelord :market segmentation; value relevance; AH dual-listing; return disparity;

   Sammanfattning : The relationship between stock return and company financials information as a key component of investment decision making has its highly practical implications for equity market investors. This paper narrows down the scope to examine how this relationship looks like for dual-listing companies in China s developing capital market, more specifically between return or return disparity and two price ratios, earnings to price and book value to price ratio. LÄS MER