Essays about: "Hannes Lüning"

Found 2 essays containing the words Hannes Lüning.

  1. 1. Sensitivity to Target Leverage Deviation and its Effect on Speed of Adjustment - A Study of Capital Structure Adjustments in a Nordic Context

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

    Author : Björn Hedman; Hannes Lüning; [2016]
    Keywords : Target leverage deviation; speed of adjustment; cost of equity; sensitivity; bank-based economy;

    Abstract : In this paper, we study whether cost of equity is sensitive to deviations from target leverage and if this sensitivity is an explanatory factor for firms' speed of adjustment (SOA) towards an optimal capital structure. Further, we explore if access to bond markets could influence SOA. READ MORE

  2. 2. Performance timing - Is there a difference between PE-backed and non PE-backed IPOs?

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Hannes Lüning; Zacharias Karlsen; [2014]
    Keywords : Performance timing; Private equity; Operational performance post-IPO;

    Abstract : The aim of this paper is to contribute to the current discussion on the effects of private equity ownership. We try to answer if both PE-backed IPOs and non-backed IPOs are timed to coincide with a period of unusually high operational performance. READ MORE