Essays about: "Long-Run Underperformance"

Showing result 1 - 5 of 17 essays containing the words Long-Run Underperformance.

  1. 1. Long-term IPO performance on the Swedish stock market : An event study on Swedish Initial Public Offerings

    University essay from Linnéuniversitetet/Institutionen för ekonomistyrning och logistik (ELO)

    Author : Filip Lööf; Jakob Åkerlund; [2022]
    Keywords : Initial Public Offerings; IPO; Information asymmetry; Behavioral finance; Long-term performance; Abnormal returns;

    Abstract : Context The number of Initial Public Offerings on the Swedish market has increasedrapidly over the last decade, reporting over 100 IPOs only in 2021. Although theincrease has been extraordinary, the majority of the IPO performance researchhas been conducted on larger markets such as the US, Germany, and China. READ MORE

  3. 2. Patience, a New Variable in the IPO-Puzzle? : A quantitative study on whether an early IPO negatively affects aftermarket performance

    University essay from Umeå universitet/Företagsekonomi

    Author : Viktor Hansson; Viktor Renström; [2022]
    Keywords : Initial Public Offering; Sweden; Aftermarket Performance; BHAR; Monthly Abnormal Return; Private Equity; Long-run Event Study;

    Abstract : The Swedish market has over the past couple of years seen a large increase in companies going public through an IPO. At the same time the capital on the private equity market is increasing for each year which enables companies to stay private longer. Our research focuses on two main areas. READ MORE

  4. 3. Wealth effects associated with spin-offs: Empirical evidence from the Nordics

    University essay from Göteborgs universitet/Graduate School

    Author : Robin Abrahamsson; Gustav Berneblad; [2021-06-30]
    Keywords : Spin-offs; wealth effects; cumulative average abnormal return; announcement date; long-run performance; ; efficient market hypothesis;

    Abstract : This study focuses on the abnormal returns associated with spin-offs in the Nordics. The sample consists of 84 completed spin-offs between 2000 and 2020. Similar to the vast majority of previous studies, a significant three-day cumulative average abnormal return around the announcement date is documented, showing abnormal returns of 3.03%. READ MORE

  5. 4. Long-run IPO performance on the Swedish equity market between 2004-2014 - Compared with Private Equity backed IPOs

    University essay from Göteborgs universitet/Graduate School

    Author : Shahin Fathi; Jens Simonsson; [2018-07-04]
    Keywords : IPO; BHAR; CAR; PE; VC; Nasdaq OMX Stockholm; Abnormal return; Value weighting; Equally weighting; Long-run performance;

    Abstract : This paper investigates the long-run underperformance phenomenon of IPOs on the Swedish equity market between 2004-2014, using a sample of 53 IPO companies from Nasdaq OMX Stockholm. Also, the long-run performance of all IPOs during this time-period is compared with private equity backed IPOs separately. READ MORE

  6. 5. IPOs on the Swedish Market : An investigation of underpricing and long-term underperformance on Nasdaq OMX Stockholm

    University essay from Högskolan i Jönköping/IHH, Företagsekonomi

    Author : Anton Överli; Anton Wiklund; [2018]
    Keywords : Underpricing; Long-run performance; IPO underpricing in Sweden; Nasdaq OMX Stockholm;

    Abstract : .... READ MORE