Sökning: "long-term buy and- hold-abnormal return"

Visar resultat 1 - 5 av 7 uppsatser innehållade orden long-term buy and- hold-abnormal return.

  1. 1. The Effect of Terminated Bids in Mergers & Acquisitions - A study on the effect of terminated bids’ buy-and-hold abnormal returns in a short- and long-term perspective on the European market 1990-2015

    Magister-uppsats, Lunds universitet/Företagsekonomiska institutionen

    Författare :Erik Will Johansson; Oscar Will Johansson; [2018]
    Nyckelord :Mergers and Acquisitions; Terminated bids; Buy-and-Hold Abnormal Return; Short-Term; Long-Term; Business and Economics;

    Sammanfattning : The purpose of this thesis is to examine the target firm’s abnormal returns in two aspects; short-term and long-term after a bid gets terminated for different categorizations and payment methods. The approach is the buy-and hold abnormal returns presented by Barber & Lyon (1997). LÄS MER

  2. 2. Stock Performance Differences in Swedish Life Science Companies with or without Research-based Science Park Affiliation

    Magister-uppsats, Lunds universitet/Företagsekonomiska institutionen

    Författare :Eric Isacsson; Liana Trichkova; [2018]
    Nyckelord :Science park affiliation; university ownership; life science; long-term buy and- hold-abnormal return; short-term cumulative abnormal return.; Business and Economics;

    Sammanfattning : Stock Performance Differences in Swedish Life Science Companies with or without Research-based Science Park Affiliation Seminar date 2018-06-01 Course BUSN 79 Business Administration: Degree Project in Accounting and Finance - Master Level, 15 ECTS Authors: Eric Isacsson and Liana Trichkova Advisor: Håkan Jankensgård Key words: Science park affiliation, university ownership, life science, long-term buyand- hold-abnormal return, short-term cumulative abnormal return. Purpose: The purpose of the study is to investigate if there is a difference in the publicly traded stock performance of science park affiliated and non-affiliated life science firms. LÄS MER

  3. 3. Do Mergers and Acquisitions Create Value for Acquirers? Short- and Long-Term Event Study on the Pharmaceutical Industry of Europe

    Magister-uppsats, Lunds universitet/Nationalekonomiska institutionen

    Författare :Anton Lindström; Aleksi Kekkonen; [2018]
    Nyckelord :Event study; Buy- and hold abnormal return; Cumulative abnormal return; Pharmaceutical industry; Efficient market hypothesis; Business and Economics;

    Sammanfattning : In this thesis, the short- and long-term event study methodology are applied in order to assess whether M&As, in the pharmaceutical industry, create any abnormal return for the acquirer. The majority of the previous research finds a negative abnormal return but the short-term event study seems to generate slightly positive abnormal returns outside the U. LÄS MER

  4. 4. Hit or miss? - Do acquisitions create value for the acquiring company’s shareholders? A long-term event study on acquisitions performed by Swedish IT companies.

    Magister-uppsats, Lunds universitet/Nationalekonomiska institutionen

    Författare :Nicole Malpezzi; Eriika Martimo; [2017]
    Nyckelord :mergers and acquisitions; long-term performance; event study; buy-and-hold abnormal returns; Business and Economics;

    Sammanfattning : In this paper, we investigate the long-term post-event stock return performance of companies operating in the IT sector and listed on NASDAQ Stockholm by using 78 mergers and acquisitions deals performed in the 2009 – 2013 period. We apply the event study methodology, focusing on the buy-and-hold abnormal returns approach. LÄS MER

  5. 5. Environmental, Social and Governance Aspects Impact on Financial Performance : An event study on ESG improvement

    Magister-uppsats, Högskolan i Jönköping/IHH, FöretagsekonomiHögskolan i Jönköping/IHH, Economics, Finance and Statistics

    Författare :Alexander Vigren; [2015]
    Nyckelord :ESG; Asset Manager; Sustainable Investment; Long-Term Investors; Event Study; Non-Parametric; Buy-and-Hold Abnormal Return;

    Sammanfattning : During the past decade, corporate transparency has become a fundamental value and strong signifier in today’s business environment. Today, companies must reveal more Environmental, Social and Governance (ESG) information about their operations than ever. LÄS MER