Sökning: "free cash flow theory"

Visar resultat 1 - 5 av 16 uppsatser innehållade orden free cash flow theory.

  1. 1. Long-term performance and Method of Payment: A study of the Nordic Mergers and Acquisitions Market

    Magister-uppsats, Lunds universitet/Företagsekonomiska institutionen

    Författare :Jonathan Svensson; Zied Boudabbous; [2023]
    Nyckelord :M A; BHAR; Method of Payment; The Nordic Region; Financial Constraints.; Business and Economics;

    Sammanfattning : Purpose: The purpose of this study is to test how Nordic acquirers perform post M&A deals and to what extent the Method of Payment affects this performance. An additional analysis is also conducted where the above is tested, conditional on the financial constraints of the acquirer. LÄS MER

  3. 2. Cashflow Investment Relationship: Empirical Evidence of Chinese Financial Market

    Magister-uppsats, Lunds universitet/Företagsekonomiska institutionen

    Författare :Jenifar Soheli; Wenxi Lyu; [2022]
    Nyckelord :Investment; Cash flow; Leverage; Revenue; Tobin’s Q; Business and Economics;

    Sammanfattning : Purpose: In this study, we examine the data from Chinese companies to test the relationship between cash flow and investment. While a wide assortment of previous research has examined the relationship between cash flow and investment, they have largely focused on empirical analysis from an US or a Western perspective. LÄS MER

  4. 3. Financial Leverage and Market Return: Empirical Evidence from US Market Indices.

    Magister-uppsats, Lunds universitet/Företagsekonomiska institutionen

    Författare :Ernest Agyei; [2020]
    Nyckelord :Firm Performance Market return Leverage Debt Overhang theory Irrelevance theory US stock indices Free cash flow theory; Business and Economics;

    Sammanfattning : This paper is to empirically investigate the relationship between leverage and firm performance if any exists, “what is the direction of the relation?” as well as test the possibility of a non-monotonic relationship. Panel regression analysis is used for this study while using asset tangibility as an instrumental variable. LÄS MER

  5. 4. The Impact of Key Performance Indicators (KPIs) on Listed European Football Clubs

    Magister-uppsats, Lunds universitet/Företagsekonomiska institutionen

    Författare :Igor Victor Noonan; Marco Israel Silicaro; [2019]
    Nyckelord :Free Cash Flow Theory; Underinvestment Problem; Panel Data Regression; Trade Off Theory; Business and Economics;

    Sammanfattning : The purpose of this paper is to investigate and shed light on the critical success factors for investors, management and academia for listed European football clubs. This paper is the first of its kind in that it analyses the Key Performance Indicators and their respective impact on the stock price for 23 listed European football clubs. LÄS MER

  7. 5. The stock market reaction towards acquisition announcements in different business cycles

    Master-uppsats, Göteborgs universitet/Graduate School

    Författare :Mathias Karlsson; Jacob Sundquist; [2016-10-07]
    Nyckelord :Cumulative abnormal return; business cycle; free cash flow theory; overvaluation theory; method of payment;

    Sammanfattning : We investigate whether the stock market reaction towards acquisition announcements is dependent on different business cycles. In addition, we examine if the stock market reaction is consistent with predictions in the free cash flow theory (Jensen, 1986) and the overvaluation theory (Myers & Majluf, 1984). LÄS MER