Essays about: "Equity Markets"

Showing result 16 - 20 of 317 essays containing the words Equity Markets.

  1. 16. Quantifying the Impact of EU-US "Distressed" Financial Market Integration on European Credit Supply

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Ioannis Tzoumas; [2023]
    Keywords : ΔCoVaR; Loans; Credit; Risk; Integration; Business and Economics;

    Abstract : This paper proposes a new method for quantifying financial integration by adapting Adrian & Brunnermeier (2016)’s ΔCoVaR to conform with standard asset pricing literature (Lewellen & Nagel 2006, Cochrane 2009). We reconcile ΔCoVaR with standard microeconomic theory (Waller & Lewarne 1994) and test for causal relationships with respect to the contagion of US acute financial shocks to the EU’s loan supply. READ MORE

  3. 17. Innovation Output and Capital Structure - A new determinant?

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Oscar Stålhök; Linus Lindh; Isak Bark; [2023]
    Keywords : Capital structure; Trade-off; Pecking order; Information asymmetry; Innovation output; Leverage; Business and Economics;

    Abstract : Syftet med studien är att undersöka ifall innovation output påverkar kapitalstrukturen på publika svenska bolag samt att förstå ifall effekten skiljer sig mellan OMXS och First North. Studien följer en deduktiv ansats, och kvantitativ data används för att genomföra två multipel regressioner. READ MORE

  4. 18. Skill, Scale and Investor Return in Established and Emerging Markets - An empirical study of equity mutual fund performance between markets with contrasting characteristics

    University essay from

    Author : Olle Fröling; Olle Wingstrand; [2022-06-29]
    Keywords : Equity Mutual Funds; Decreasing Returns to Scale; Alpha; Fund Skill; Fama-French Five-Factor Model; Nordic Equity Funds; Asian Equity Funds; Fixed Effects;

    Abstract : In this report we empirically analyze the effects of returns to scale for equity mutual funds in the Nordic and Asian regions. We also investigate whether or not funds generate alpha (i.e., have skill). READ MORE

  5. 19. The Impact of COVID-19 on Public Capital Markets - Empirical Evidence from the Nordics

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Yishu Liu; Mashiat Nawal Chowdhury; [2022]
    Keywords : COVID-19; Capital market; Nordics; Bond spread;

    Abstract : How did the COVID-19 pandemic affect firms' ability to raise capital? This paper explores how non-financial Nordic firms raised capital from public debt and equity markets during the pandemic. We find that (1) the bond market experiences turbulence during the outbreak period; (2) being a rated bond issuer is only important for access during the outbreak period; (3) factors that determine bond spreads during the normal period do not change fundamentally during the COVID-19 period; (4) the equity market is an important source of capital throughout the COVID-19 period in terms of both IPOs and secondary issues. READ MORE

  6. 20. Portfolio Diversification with Commodities : From a Swedish Perspective

    University essay from Linköpings universitet/Nationalekonomi; Linköpings universitet/Filosofiska fakulteten

    Author : Simon Derenkow; Max Walméus; [2022]
    Keywords : Commodities; DCC-GARCH; OMXSPI; Inflation; Correlation; Diversification; Modern Portfolio Theory;

    Abstract : This paper investigates the diversification characteristics of commodities in relation to the Swedish equity index OMXSPI. Much of the previous literature concludes that gold and oil possess diversification or hedging properties against the US equity markets. READ MORE