Sökning: "liquidity constraints"
Visar resultat 1 - 5 av 13 uppsatser innehållade orden liquidity constraints.
1. Cash Holdings, Secured Debt and Collateral
Magister-uppsats, Lunds universitet/Företagsekonomiska institutionenSammanfattning : The purpose of this study is to empirically investigate the relationship between unencumbered tangibility and cash holdings, and to evaluate if corporations consider them to be substitutable variables of corporate liquidity. The study relies on a panel data set and then employs a firm fixed effect regression model to estimate the strength and direction of the relationship of interest. LÄS MER
2. Interpreting Sensitivity
Master-uppsats, Lunds universitet/Nationalekonomiska institutionenSammanfattning : The standard interpretation of aggregate excess sensitivity is that it represents the economy share of non-Ricardian households. However, household level evidence suggests that excess sensitivity can also be explained by the comovement of consumption and income over the lifetime, which occurs due to retirement and changes in household size. LÄS MER
3. Analysis of the Performance of ETFs. A study on the US market
Magister-uppsats, Lunds universitet/Nationalekonomiska institutionenSammanfattning : Exchange Traded Funds are known as a relatively recent financial innovation and have been gaining investors' interest in recent years. The performance of ETF in comparison to other benchmarks is still the central concern when investors make an investment decision. LÄS MER
4. Has Risk Capital Increased Airlines Capabilities to Respond to Crisis
Magister-uppsats, Lunds universitet/Företagsekonomiska institutionenSammanfattning : Purpose: This paper aims to empirically investigate if pre-pandemic risk-capital was able to mitigate the negative impact of the COVID-19 pandemic on employees and investments in the airline industry Method: The base econometric methodology used is multiple regression analysis with the four risk capitals interacting with a dummy variable for the year 2020 when the COVID-19 pandemic hit. Theory: The broad theoretical framework is based on financial constraints and risk capital in the form of economic capital and risk capacity. LÄS MER
5. The Fundamental Drivers of Merger Waves - A study of industry level merger activity in the Nordic market
C-uppsats, Handelshögskolan i Stockholm/Institutionen för redovisning och finansieringSammanfattning : We examine if merger waves occur on an industry level in the Nordics, and the underlying drivers of these waves. We conduct simulations of the empirical distribution of merger activity, univariate tests and regressions of logit models to address this research question. LÄS MER