Essays about: "Dual-class share structure"

Showing result 1 - 5 of 11 essays containing the words Dual-class share structure.

1. 1. Payout Policy and Agency Concerns: A Study on Differences in Payout Ratios and Payout Mix between Dual and Single-Class Firms

   University essay from Lunds universitet/Företagsekonomiska institutionen

   Author : John Sköld; Fredrik Santesson Ståhl; [2022]
   Keywords : Payout-policies; Dual-class; Single-class; Agency theory; Corporate Governance; Business and Economics;

   Abstract : Purpose: The purpose of this study is to investigate if there is any difference in payout policies between firms that adopt a dual-class share structure compared to a single-class share structure. Methodology: We are using an unbalanced panel data set of firms that are listed on the Stockholm Stock Exchange (SSE). READ MORE

3. 2. Minority Discount in Publicly Traded Firms

   University essay from Uppsala universitet/Företagsekonomiska institutionen

   Author : Martin Goldman; Paul Nissan; [2018]
   Keywords : Minority discounts; Control premiums; Tender offers; Toeholds; Takeovers; Minority interests; Lack of control;

   Abstract : This paper examines the minority discount due to lack of control by looking at tender offer premiums on Swedish publicly traded firms from 2007 to 2018. We analyze how ownership structure, the acquired stake and distribution of shares affect the minority discount. READ MORE

4. 3. Dual-class share structure in the context of M&As: An empirical analysis of deals from Swedish public acquirers during 2001-2015

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Ulla Karasek; Ying Ying Huang; [2017]
   Keywords : Dual-class share structure; Mergers and acquisitions; Active ownership; Minority expropriation;

   Abstract : In a sample of 665 firm-year observations of 206 Swedish public acquirers listed on NASDAQ Stockholm or NGM during the period 2001-2015, the thesis discusses the prevalence of dual-class structure and evaluates its effects on M&A decisions and performance. During the observation period, the percentage of dual-class companies has slightly declined from 57. READ MORE

5. 4. Dual Class Structures Effect on Earnings Management

   University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

   Author : Rebecka Sjölander; Frida Ericsson; [2016]
   Keywords : Ownership Structures; Dual Class Shares; Earnings Management; Agency Theory;

   Abstract : This thesis contributes to the heated debate on the costs and benefits of the dual class structure by investigating its effect on earnings management. With a refined research design applied to a Swedish setting, where dual class firms are more prevalent than in most other developed countries in the world, the report provides a basis for future research and for intriguing international comparisons. READ MORE

6. 5. IPO Underpricing and Ownership Structure : A Comparison of Family Firms and Non-Family Firms

   University essay from Uppsala universitet/Företagsekonomiska institutionen

   Author : Erik Westin; Simon Wiklund; [2016]
   Keywords : Initial public offering; IPO; family firms; initial return; underpricing; dual class share structure;

   Abstract : Underpricing in an Initial Public Offering (IPO) is often used as a means of retaining control of the company when going public. Therefore, first day returns post-IPO can be substantial for investors. READ MORE