Sökning: "finansiell ekonomi handelshögskolan i stockholm"

Visar resultat 16 - 20 av 1425 uppsatser innehållade orden finansiell ekonomi handelshögskolan i stockholm.

  1. 16. The ESG Advantage: Exploring the Relationship Between Sustainability and Corporate Acquisitions

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

    Författare :Alice Rosberg Kronholm; Ebba Glenngård; [2023]
    Nyckelord :ESG; M A; Bid Premium;

    Sammanfattning : This thesis investigates the impact of ESG scores on corporate acquisitions in Europe and the United States, examining whether firms with ESG scores are more likely to be acquired, and to which extent the ESG score of a target firm may affect the bid premium. Findings suggest that firms with an ESG score are more likely to be acquired compared to firms without, and that a high score implies a lower probability of being acquired compared to a low score. LÄS MER

  2. 17. The Road Ahead: Exploring the Potential of Public-Private Partnerships in Closing the European Infrastructure Investment Gap

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

    Författare :Linus Edgren; Casper Lindqvist; [2023]
    Nyckelord :Public-Private Partnership; Public Procurement; Project Finance; European Infrastructure; Infrastructure Investments;

    Sammanfattning : Modern infrastructure assets are fundamental for the long-term economic growth and development of countries and regions. Yet, the European infrastructure investment gap is projected to reach USD 2 trillion by 2040. One approach to closing this infrastructure investment gap is strengthening the collaboration between the private and public sector. LÄS MER

  3. 18. Comply or Die: A Study of ESG Factor Returns and Volatility in the Nordic Countries from 2016 to 2022

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

    Författare :Jean-Philippe Chakbazof; Amitesh Raghav; [2023]
    Nyckelord :ESG Factor; Nordic Compass; Fama Macbeth; Volatility Management; ESG Portfolio;

    Sammanfattning : Using corporate environmental, social and governance (ESG) reporting data from 611 publicly traded firms in the Swedish House of Finance's Nordic Compass database, we estimate stock return and volatility exposures to an ESG factor during the period 2016-2022 in the Nordics. Using a Fama-Macbeth methodology, we find that during this time in the Nordic Countries exposure to an ESG factor is compensated with a risk premium and a volatility reduction in a Fama French 4 Factor model. LÄS MER

  4. 19. Shareholder Advantage and Short-Term Leverage

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

    Författare :Nikola Pajkic; Pratik Kulkarni; [2023]
    Nyckelord :Bargaining; Default; Debt maturity structure; Rollover risk;

    Sammanfattning : We find a correlational relationship between proxies of shareholder bargaining power and liquidation costs (indicating the value extraction ability of shareholders from debtholders in reorganization in default) and short-term leverage. Theoretical literature suggests to us that firms with higher shareholder advantage will reduce their short-term leverage to a greater extent than those with lower shareholder advantage (due to shareholders disliking commitment to rollover risk) in a systemic shock to bond market liquidity, i. LÄS MER

  5. 20. Did Private Equity-Backed Firms Outperform Operationally During Covid-19?

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

    Författare :Boris Bojovic; Marvin Stenersen; [2023]
    Nyckelord :Private equity; Covid-19; Operational improvements; PE-backed;

    Sammanfattning : Do private equity (PE) backed companies perform better operationally in a non-financial crisis? By analyzing PE-backed firms in the UK during Covid-19 using fixed effects difference-in-differences, our findings suggest that private equity-backed companies' performance decreased significantly more at the onset of the crisis and increased their leverage but recovered faster both with greater magnitude and significance. PE-backed companies thus seem to handle an operationally-sided crisis better over time but are more exposed to them initially. LÄS MER