Essays about: "Linda Shi"

Found 2 essays containing the words Linda Shi.

1. 1. To Have or Not to Have? The Impact of Financial Targets on the Cost of Capital

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Erika Madebrink; Linda Shi; [2016]
   Keywords : Equity cost of capital; Estimation risk; Financial targets; Liquidity risk; Voluntary information disclosure;

   Abstract : We study the effect of communicating long-term financial targets, but not the attainment of them, on the equity cost of capital. We examine the effect targets have on risk factors in an augmented Fama and French model, where illiquidity is added as a risk factor, and find that dividend, profitability and leverage targets decrease the cost of capital through the market risk premium and SMB risk factors. READ MORE

3. 2. Abnormal Returns in the Luxury Goods Industry

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Magdalena Bator; Linda Shi; [2014]
   Keywords : luxury industry; luxury consumer goods; abnormal returns; stock returns;

   Abstract : The study aims to analyse a portfolio comprising of 19 stocks of companies in the luxury goods industry, the biggest market players classified as part of luxury industry by Bloomberg. The thesis analyses the portfolio from two vantage points, i.e. READ MORE