Sökning: "ludvig kapanen"

Hittade 2 uppsatser innehållade orden ludvig kapanen.

1. 1. Accretive Share Repurchases and Equity Vesting

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

   Författare :Ludvig Kapanen; Oliver Ström; [2017]
   Nyckelord :Short-Termism; CEO Incentives; Share Repurchases; Regression Discontinuity; Managerial Myopia;

   Sammanfattning : We investigate the connection between the discontinuous probability of making accretive repurchases around the zero EPS surprise threshold and the sensitivity of upcoming CEO equity compensation value to the underlying stock price. Our study is performed using data from S&P 1,500 companies between 2006-2015. Following Almeida et al. LÄS MER

3. 2. Drivers of the Disposition Effect: A Study Testing for Motivating Forces of Investors' Propensity to Realize Gains over Losses

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

   Författare :Ludvig Kapanen; Alexander Berglund; [2013]
   Nyckelord :Disposition Effect; Market Sentiment; Implied Market Volatility; Stock Characteristics;

   Sammanfattning : In this thesis, 2,864,940 trade transactions of 125,555 US retail investors from 1991-1996 are analyzed to investigate if variations in the disposition effect, the tendency of investors to sell winning investments too soon and hold losing investments too long, can be explained by investor sentiment and implied market volatility. First, we run a regression analysis between the disposition effect and market sentiment, where results show no significant correlation. LÄS MER