Sökning: "risk premium ex ante"

Visar resultat 1 - 5 av 9 uppsatser innehållade orden risk premium ex ante.

1. 1. Risk Influences of CEO-Dependent Top Managers: Co-Option and the Cost of Equity Capital

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

   Författare :Ellen Norberg; Isak Wallin; [2022]
   Nyckelord :Top management team co-option; Ex-ante cost of equity capital; Firm risk; Corporate governance;

   Sammanfattning : This thesis aims to explore the research gap in existing literature on top management connectedness toward the CEO, from the perspective of equity stakeholders of the firm. It sheds light on how equity investors perceive firms with executives that are co-opted by the current CEO, in terms of firm risk. LÄS MER

3. 2. DOES IT PAY TO BE ESG? : An empirical analysis of sustainability in the Nordic countries from a risk and valuation perspective

   Uppsats för yrkesexamina på avancerad nivå, Umeå universitet/Företagsekonomi

   Författare :Corentin Arnou; Marcus Hammarstedt; [2021]
   Nyckelord :ESG; Cost of equity; Sustainable finance; Price-to-earnings ratio; Price-to-book ratio; Enterprise value to earnings before interest and taxes ratio; Covid-19; Shareholder’s theory; Stakeholder’s theory; Information asymmetry;

   Sammanfattning : In the field of sustainable finance, Environmental-, Social- and Governance-ratings (ESG) have become an acknowledged measurement of a firm's sustainability performance. The increased awareness of sustainability issues in today's society is undeniable. LÄS MER

4. 3. The Relationship between Expected Returns and Financial Distress Risk. Implication for Corporate Valuation

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

   Författare :Jan Seitz; Vilma Raisyte; [2013]
   Nyckelord :Financial Distress; Implied Cost of Equity; CAPM; Altman Z-Score; Distance-to-Default;

   Sammanfattning : Using portfolio and regression analysis, this study examines the expected returns of European companies for the period 2000-2011 with respect to financial distress risk in order to provide practical implications for corporate valuation. The relationship between realized returns and financial distress risk is found to be negative, in line with the financial distress risk anomaly acknowledged in the existing literature. LÄS MER

5. 4. Value Investment Strategy : Robustness test and application of Piotroski’s model in 4 different markets

   Magister-uppsats, Handelshögskolan vid Umeå universitet (USBE)

   Författare :Patrick Jiang; Robin Moén; [2012]
   Nyckelord :Piotroski; Value Investment; Efficient market Hypothesis;

   Sammanfattning : Background A common goal for many investors is to beat the market. However, only a few are able to do so consistently over a long time. The random walk theory and the efficient market hypothesis are two widely accepted theories that state that it should not be possible to consistently generate abnormal returns in an efficient market. LÄS MER

7. 5. Speculation Spreads in Swedish Tender Offers

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

   Författare :Fredrik Eklund; Marcus Jennekvist; [2009]
   Nyckelord :Speculation spread; Risk arbitrage; Tender offer; Bid characteristics; Ownership structure;

   Sammanfattning : This thesis examines speculation spreads, risk arbitrage returns, and potential ex ante bid characteristics related to it, after initial acquisition announcements of 178 public offers on the Stockholm Stock Exchange from 1995 to 2008. Following Jindra and Walkling (2004), we define the speculation spread as the percentage difference between the bid price and the market price of the target company one day after the initial offer announcement. LÄS MER