Essays about: "Lex Asea"

Found 5 essays containing the words Lex Asea.

1. 1. The Impact of Spin-offs on Shareholder Value : Evidence from the Swedish Market 1991-2022

   University essay from Uppsala universitet/Företagsekonomiska institutionen

   Author : Moa Landing; Gustav Swedenborg; [2023]
   Keywords : Spin-offs; Corporate restructurings; Abnormal returns; Determinants of abnormal returns;

   Abstract : This thesis uses an event study methodology to investigate the short- and long-term effect on shareholder value from Lex ASEA-approved spin-offs' on the Swedish market between 1991-2022. The impact of spin-offs has been examined by estimating the effects on the parent firm, the spun-off entity, and a value-weighted pro-forma entity. READ MORE

3. 2. Value creation through spin-offs: Swedish evidence between 2010-2018

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Erik Bergman; Cimi Zander; [2019]
   Keywords : Spin-off; abnormal returns; event study; Swedish stock market; Lex Asea;

   Abstract : International studies have reported significant excess returns in conjunction with announcements of spin-offs. However, there is to some extent a lack of professional research on stock market reactions of spin-offs in Sweden. This study aims to investigate whether spin-offs in Sweden after the 2008 global financial crisis create shareholder value. READ MORE

4. 3. A COMPREHENSIVE ANALYSIS OF THE SHAREHOLDER VALUE CREATION FROM SWEDISH SPIN-OFFS

   University essay from Göteborgs universitet/Graduate School

   Author : Niklas Grahn; Johan Särén; [2018-07-04]
   Keywords : Corporate Restructurings; Divestitures; Spin-offs; Abnormal Returns;

   Abstract : This thesis investigates the universe of Swedish tax-exempt Lex ASEA spin-offs since the start of the new millennium from the perspective of short-term and long-term stock price performance. The intention to spin off a subsidiary is viewed positively by investors, represented by a significant increase of the market's valuation of the company's equity by 2. READ MORE

5. 4. Do spin-offs affect shareholder wealth?: A study among Swedish publicly traded companies of the share price reaction upon announcement of spin-offs according to Lex ASEA

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

   Author : Anders Brinck; Henri Falk; [2009]
   Keywords : Spin-off; Lex ASEA; shareholder wealth; event study; abnormal return; cross-industry; intra-industry;

   Abstract : A wide range of international studies have shown that voluntary spin-offs made by publicly traded companies have had significant positive effects on shareholder wealth. However, updated and comprehensive research of the Swedish stock market is not available. READ MORE

6. 5. Spin-off Performance : Does the subsidiary perform better on its own?

   University essay from Internationella Handelshögskolan

   Author : Gustav Liedgren; Josefin Olofsson; Sofie Zetterlund; [2008]
   Keywords : Spin-offs; Divestitures; Lex Asea; Financial Performance;

   Abstract : Background: A spin-off is strategic instrument used to restructure an organisation and thereby maximize shareholder value. Theory and advocates argue that engaging in spin-offs will generate improved financial performance of the parent company as well as for the divested unit. READ MORE