Sökning: "illiquidity premium"

Visar resultat 11 - 15 av 19 uppsatser innehållade orden illiquidity premium.

  1. 11. Firm Level Factors Affecting Liquidity – The Swedish Stock Market

    Master-uppsats, Lunds universitet/Nationalekonomiska institutionen

    Författare :Jose Pagoada; Kim Jonsson; [2015]
    Nyckelord :Liquidity; Illiquidity; Amihud measure; Bid Ask Spread; Turnover; Liquidity Premium; LCAPM; Business and Economics;

    Sammanfattning : Purpose: The purpose of this study is to further look at which firm-adjustable factors affect the liquidity of a firm's stock in the Swedish stock market. We also want to determine which out of these suggested factors have a significant effect on liquidity across different proxies of liquidity. LÄS MER

  3. 12. Determinants of risk premiums on corporate bonds on the Swedish market

    Kandidat-uppsats, Göteborgs universitet/Företagsekonomiska institutionen

    Författare :Jonatan Stål; Sanja Tegeltija; [2014-09-23]
    Nyckelord :;

    Sammanfattning : The purpose of this thesis was to examine how investors acknowledge the four variables; earnings variability, period of solvency, equity/debt ratio and bonds outstanding to determine the risk premium on corporate bonds on the Swedish market. In order to achieve this knowledge we performed a quantitative study based on regression analysis and a hypothesis of Professor Lawrence Fisher. LÄS MER

  4. 13. BRACE-modellen : Ett företagsspecifikt avkastningskrav för mindre onoteradebolag

    Magister-uppsats, Linköpings universitet/Företagsekonomi; Linköpings universitet/Filosofiska fakulteten

    Författare :Dag Andersson; Marcus Nilsson; [2013]
    Nyckelord :The BRACE-model; required rate of return; firm-specific risks; private firms; BRACE-modellen; avkastningskrav; rörelsespecifika risker; onoterade bolag;

    Sammanfattning : Bakgrund: Om tio till tolv år väntas 40 % av Sveriges 500 000 familje- och ägarledda bolag att säljas enligt en uppskattning gjord av PwC år 2012. Många små och medelstora onoterade bolag kommer därför inom den närmaste tiden att behöva värderas inför försäljning. LÄS MER

  5. 14. Likviditetspremiens vara eller icke vara - Om likviditetspremiens existens på Stockholmsbörsen

    C-uppsats, Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Författare :Jens Bergquist; Linus Smedjegården; [2013]
    Nyckelord :liquidity premium; stock turnover rate; Stockholm Stock Exchange; illiquidity discount; GLS-regression;

    Sammanfattning : Background: Operating on the stock market is associated with risks. If a particular asset is not traded with the same frequency as the average market asset, this particular asset is exposed to a liquidity risk. It means that the investor might not be able to sell the asset at a desired time without incurring expensive transaction costs. LÄS MER

  7. 15. Does more trade equal less return - Applied on the Swedish stock market

    Master-uppsats, Lunds universitet/Företagsekonomiska institutionen

    Författare :Pontus Persson; Semir Pavlica; [2012]
    Nyckelord :Liquidity and Illiquidity premiums; Fama MacBeth; Fama-French; Swedish stock exchange; CAPM.; Business and Economics;

    Sammanfattning : The main purposes in this master´s thesis are to examine the effect of liquidity on stock returns but also measuring the return premium in relation to liquidity towards the Swedish stock exchange market. In order to test these relationships the Fama and MacBeth (1997) Cross-sectional methodology have been applied. LÄS MER