Sökning: "underpricing"

Visar resultat 1 - 5 av 137 uppsatser innehållade ordet underpricing.

  1. 1. Underpricing of Venture Capital-Backed IPOs

    Kandidat-uppsats,

    Författare :Oskar Hjern; Marko Stankovic; [2020-06-29]
    Nyckelord :Venture Capital; Venture Capital-backed; Venture Capital-exit; IPO; Initial Public Offering; Underpricing; Nordic Stock Market;

    Sammanfattning : This thesis researched the effect of Venture Capital ownership on underpricing in IPOs. We conducted OLS-regressions on two data samples consisting of IPOs in the Nordics between 2009 and 2019. Two samples were collected, consisting of 504 IPOs, of which 50 were Venture Capital-backed. LÄS MER

  2. 2. Underprissättning av Börsnoteringar utifrån Piotroski F-Score - Fundamental Aktieanalys av Stockholmsbörsens Nykomlingar

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

    Författare :Jacob Linder; Erik Wedenberg; [2020]
    Nyckelord :IPO Underpricing; Asymmetric Information; Piotroski F-Score; Fundamental analysis; Stockholm Stock Exchange;

    Sammanfattning : This thesis investigates the potential correlation between the financial position of firms, in terms of Piotroski F-Score, and the degree of underpricing at the date of their initial public offering (IPO). The sample studied is based on IPOs listed at the Stockholm Stock Exchange during the period of 2009-2019. LÄS MER

  3. 3. The Hot Tech Issue Market: A Study on Underpricing and Long-Run Post-IPO Performance of Swedish IPOs

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

    Författare :Eric Persson; Oskar Johnsson; [2020]
    Nyckelord :Underpricing; Long-Run Post-IPO Performance; Initial Public Offering; Hot Market; High Tech;

    Sammanfattning : We explore the effect on underpricing and long-run post-IPO performance of a firm being classified as high tech or low tech, based on their SIC code. By studying offer prices and post-IPO share prices of a sample of 145 Swedish IPOs between 2004-2017, we do not find support for a difference in long-run post-IPO performance. LÄS MER

  4. 4. Center of Attention - A Study of Retail Investor Attention and IPO Performance in Sweden

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

    Författare :Daniel Mattisson; Jacob Molin; [2020]
    Nyckelord :ipo; underpricing; price-pressure; search data; retail investor attention;

    Sammanfattning : We test an attention-induced price-pressure hypothesis on Swedish data by replicating and extending the methodology of Da, Engelberg and Gao (2011). Using a sample of 233 IPOs on Nasdaq Stockholm and First North from 2004 to 2019, we examine the relationship between retail investor attention, proxied by Google search data, and IPO performance. LÄS MER

  5. 5. Can corporate governance, as a signal of the level of agency cost, have an impact on IPO underpricing? A study on 115 Swedish IPO firms

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

    Författare :Filippa Larsson Nathhorst; Sara Wikström; [2020]
    Nyckelord :Initial Public Offering; Underpricing; Corporate governance; Board structure; Agency costs;

    Sammanfattning : This thesis investigates whether corporate governance can signal the level of agency costs and have an impact on the IPO underpricing. By researching 115 Swedish IPO firms between the years 2000 and 2019, the study conducts a number of multiple variable regressions using four board structure variables. LÄS MER