Essays about: "European Equity Capital Markets"

Showing result 1 - 5 of 9 essays containing the words European Equity Capital Markets.

  1. 1. Pursuit of Excess Returns: Deciphering Performance in European Buyout Funds A Detailed Exploration of Relative Returns and Their Determinants

    University essay from Göteborgs universitet/Graduate School

    Author : Gustav Blomdahl; Erik Hillestad Andréasson; [2023-06-29]
    Keywords : ;

    Abstract : This paper investigates the relative performance of European buyout funds compared to public markets. Using a sample of mature buyout funds, obtained from European limited partners, with vintages between 1995 and 2013, we find that a European buyout fund, on average, outperforms the STOXX Europe 600 index by 52% over its lifetime. READ MORE

  2. 2. Nordic Private Equity Performance - Do Nordic Private Equity funds outperform public markets, and how do they compare to their global counterparts?

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Michael Wielondek; Daniel Espelund; [2018]
    Keywords : Private Equity; Nordic; Performance; PME; TWR;

    Abstract : This paper sets out to examine the cross-sectional performance of Nordic Private Equity funds. More specifically, the paper aims to evaluate the performance of the buyout and venture capital funds with vintages 1994-2012, and assess it in relation to relevant benchmarks in order to appraise the value creation potential as compared to public markets, and global competitors within the field. READ MORE

  3. 3. Performance of IPOs on the Nordic Market: Factors affecting Nordic IPOs before and after the financial crisis

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Serajelden Aburawi; Leo Dajakaj; [2018]
    Keywords : IPO; First-day return; Long-run performance; BHAR; Private Equity; Venture Capitalist; Business and Economics;

    Abstract : ABSTRACT Title: Performance of IPOs on the Nordic Market Factors affecting Nordic IPOs before and after the financial crisis Course: NEKN02, Economics: Master Essay 1 – Finance Program Authors: Serajelden Aburawi, Leo Dajakaj Advisors: Martin Striebomy, Anders Vilhelmsson Key words: IPO, First-day return, Long-run performance, BHAR, Private Equity, Venture Capitalist Purpose: This study aims to determine if there are any differences in the long-run performance and first-day returns between IPOs on the Nordic market with different ownership structures before and after the financial crisis of 2008. Furthermore, variables from previous studies have been chosen in order to study if they have an impact on the long-run performance of IPOs on the Nordic market Methodology: The collected secondary data was analyzed through a quantitative method with a deductive approach Theoretical perspectives: The previous studies that have been used in this paper have mainly concentrated on the long-run performance and first-day returns of IPOs on the European and US markets. READ MORE

  4. 4. Structural Modelling of Credit Spreads on the European Bond Market: An Empirical Study

    University essay from Lunds universitet/Matematisk statistik

    Author : Marcus Zethraeus; Magnus Roos; [2017]
    Keywords : Structural models; Merton model; Black Cox model; European corporate bond spreads; Mathematics and Statistics;

    Abstract : This thesis empirically tests the explanatory power of structural models on the European corporate bond market. Using new evaluation methods, including LASSO and gradient boosting regression, we can provide an in-depth assessment of the models’ shortcomings. READ MORE

  5. 5. Information Asymmetry and Discretionary Accounting in European Banks

    University essay from Göteborgs universitet/Graduate School

    Author : Simon Eliasson; [2016-09-15]
    Keywords : Information asymmetry; discretionary accounting; earnings management; capital markets; nancial institutions;

    Abstract : Recent theoretical research suggests that information risk is a non-diversifiable risk factor and should therefore affect the cost of capital of the individual firm. This study investigates this notion for listed European banks during the period 2005-2015. READ MORE