Sökning: "overvaluation theory"

Visar resultat 1 - 5 av 6 uppsatser innehållade orden overvaluation theory.

  1. 1. Venture Capital-backing pre-IPO and Long-run Stock Performance

    Kandidat-uppsats,

    Författare :Björn Jakobsson; Viking Johansson; [2021-06-22]
    Nyckelord :venture capital backing; initial public offering; long-run stock performance; signaling theory;

    Sammanfattning : This study aims to examine the effects that venture capital-backing has on companies that recently went public. The study examines three specific parts; a general stock return increasing signal of venture capital-backing, whether company characteristics affect the relationship between venture capital-backing and stock returns, and venture capital-backing in two specific industries. LÄS MER

  3. 2. Deal or No Deal - How Overvaluation and Governance Problems Drive Stock-Financed Acquisitions

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

    Författare :Fabian Schimpf; Larissa Vogt; [2021]
    Nyckelord :Mergers and Acquisitions; Method of Payment; Stock Overvaluation; Corporate Governance; Shareholder Protection;

    Sammanfattning : Theory suggests that overvalued firms can create value for their shareholders by exploiting their overvaluation to purchase less overvalued firms through stock-financed acquisitions. Recent evidence from the US indicates that these companies often fail to do so by significantly overpaying for their targets and destroying shareholder value in the long run. LÄS MER

  4. 3. 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

  5. 4. Vad påverkar en individs riskbenägenhet vid aktieplacering? : En studie över vilka faktorer som påverkar en individs riskbenägenhet.

    Kandidat-uppsats, Södertörns högskola/Företagsekonomi

    Författare :Elin Lorentzon; Linnea Westerlund; [2015]
    Nyckelord :Risk; risk tolerance; demographic factors; financial risk taking.; Risk; riskbenägenhet; demografiska faktorer; finansiellt risktagande.;

    Sammanfattning :  The purpose is to investigate whether there are any significant differences in risk                                                             tolerance in equity investments between the genders. Further, the study intends to                                                        investigate wether independent factors such as age, income, education and                                                                  confidence effects the risk tolerance of an individual. LÄS MER

  7. 5. Can Investor Sentiment Help Explain Stock Market Crises?

    Magister-uppsats, Lunds universitet/Nationalekonomiska institutionen

    Författare :Andreas Wendeberg; [2015]
    Nyckelord :investor sentiment; stock market crises; behavioral finance; Consumer Confidence Index; CMAX measure; Business and Economics;

    Sammanfattning : Traditional financial theory, assuming rationality and stock market prices justified by fundamentals, has failed to explain the occurrence of several large stock market crises. Theories in behavioral finance suggest stock market overvaluation, eventually leading to stock market crises, partly occur due to noise trading. LÄS MER