Essays about: "Beta and Underpricing"

Found 1 essay containing the words Beta and Underpricing.

  1. 1. The Financial Effects of Going Public on Football Clubs

    University essay from Högskolan i Jönköping/IHH, Economics, Finance and Statistics

    Author : Gareth Low; Fredrik Karlsson; [2015]
    Keywords : IPO; Underperformance; Cumulative Abnormal Returns; Alpha; Football;

    Abstract : In this thesis we analyze the financial performance of Football clubs following an initial public offering (IPO). We conduct several analyses using time series stock data with a focus on finding evidence of long-run underperformance and IPO over/underpricing. To this end, we estimate cumulative abnormal returns (CAR) and Jensen’s Alpha. READ MORE