Sökning: "erik hallert"

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  1. 1. Quality of Implied Forecasts in Swedish IPO Prospectuses: A Case of Systematic Overoptimism

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

    Författare :Mattias Bodén; Erik Hallert; [2006]
    Nyckelord :IPO; Forecasts; Implied; Valuation; Operating performance;

    Sammanfattning : The study of the quality of earnings forecasts in IPO prospectuses provides useful information on the fairness of the subscription price. Whereas previous literature has focused exclusively on published IPO forecasts, this paper analyzes the bias and accuracy of implied IPO forecasts. LÄS MER