Sökning: "underpricing handelshögskolan i stockholm"

Visar resultat 1 - 5 av 66 uppsatser innehållade orden underpricing handelshögskolan i stockholm.

  1. 1. Is Everyone Uninformed? A study of the relationship between profitability and IPO underpricing

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

    Författare :Niklas Willén; Jacob Jannering; [2023]
    Nyckelord :IPO Underpricing; IPO; Profitability; Information Asymmetry; Accounting Fundamentals;

    Sammanfattning : In this paper, we investigate the explanatory power of profitability on IPO underpricing through the lens of information asymmetry over different time paradigms. We find that although profitability does not have an impact on IPO underpricing in general, during the time paradigm of 2001 to 2010 it has a positive significant impact- highlighting the necessity to account for variations over time. LÄS MER

  2. 2. Unveiling Value Dynamics: A Comparative Analysis of Underpricing and Long-Term Performance Among PE-Backed, VC-Backed, and Non-Backed IPOs in the Swedish Market

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

    Författare :Markus Tingvall; Jing Ni; [2023]
    Nyckelord :Initial Public Offering; Private Equity; Venture Capital; Underpricing; Long-term performance;

    Sammanfattning : This research investigates initial underpricing and subsequent long-term aftermarket performance of private equity-backed, venture capital-backed and non-backed initial public offerings (IPOs) in the Swedish market. With a sample of 401 IPOs from January 2011 to December 2021 on the Nasdaq Stockholm and Nordic Growth Market, the study delves into the distinctive firm and IPO characteristics of the three categories. LÄS MER

  3. 3. Navigating the Storm: An examination of IPO Underpricing in 21st Century Crises

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

    Författare :Douglas Otterström; Rebecca Byström; [2023]
    Nyckelord :Initial public offering; IPO; IPO underpricing; Financial Crisis;

    Sammanfattning : IPO underpricing is a phenomenon studied by many, with theories explaining the reason for this mispricing problem. However, there is little to no research examining how IPO underpricing reacts to different crises during the 21st century. This paper focuses on companies issuing in the US market on NYSE and NASDAQ. LÄS MER

  4. 4. Predicting IPO Underpricing: A study on the predictability of IPO underpricing through machine learning algorithms

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

    Författare :Victor Holgersson; Axel Tardell; [2023]
    Nyckelord :IPO Underpricing; Machine Learning; Neural Network; Random Forest; Gradient-Boosting Trees;

    Sammanfattning : This paper primarily serves to examine whether a specific subset of variables, derived from publicly available pre-IPO data, can be effectively modeled to predict and classify if an IPO will be underpriced using non-linear machine learning (ML) models. Secondly, we analyze whether the performance of ML-based models is greater compared to conventional linear models. LÄS MER

  5. 5. Go Big or Go Home:A quantitative study on the role of institutional cornerstone investors in Initial Public Offerings and their relationship to IPO underpricing

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

    Författare :David Björkman; Nils Landoff; [2023]
    Nyckelord :Initial Public Offering; Underpricing; Institutional Cornerstone Investors;

    Sammanfattning : This study examines the correlation between institutional investors as cornerstone investors and the underpricing of initial public offerings (IPOs) in Sweden. The study analyzes a total sample of 371 observations between 2015 and 2022, including 165 observations backed by institutional cornerstone investors, 163 observations backed by non-institutional cornerstone investors and 43 observations without cornerstone investors. LÄS MER