Essays about: "Modigliani-Miller"

Showing result 1 - 5 of 12 essays containing the word Modigliani-Miller.

1. 1. The use of derivatives in corporate risk management - A value adding strategy?

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Agnes Strignert; [2024]
   Keywords : Risk Management; Derivatives; Hedging; Modigliani-Miller; Porsche;

   Abstract : Part I:This study highlights the role of active risk management of currency risk exposure within large listed non-financial European firms. In the aftermath of the global pandemic and invasion of Ukraine, many firm across the global has experienced challenges in terms of sustaining stable cash flows. READ MORE

3. 2. Impact of the Capital Structure Choice on Firm Performance: A Quantitative Study of the Biggest Healthcare and Energy Companies in the USA

   University essay from Lunds universitet/Företagsekonomiska institutionen

   Author : Hardy Keller; Jaroslavs Grigoluns; Marco Zanoni; [2023]
   Keywords : Capital Structure; Firm Performance; Standard Poor s 500; Healthcare industry; Energy Industry; Optimal Capital Structure; Business and Economics;

   Abstract : Purpose The aim of this research paper is to provide valuable insights to existing theoretical foundation of choice of capital structure, and exploring the relationship between capital structure and firm performance through testing whether capital structure affects firm performance in the USA listed healthcare and energy companies. Theoretical perspective The presented theories cover different views on the preferred choice of capital structure and academics views on its effect on firm performance. READ MORE

4. 3. Capital structure and stock return : A quantitative study of the relationship between leverage and stock return on Swedish listed firms

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

   Author : Erik Åberg; Philip Andersson; [2022]
   Keywords : Capital structure; leverage; stock return; Modigliani Miller; pecking order theory; trade-off theory; financial risk;

   Abstract : This study investigates the effect of leverage on stock returns on Swedishlisted firms (Large and Mid-cap). Stock returns have been calculated, andleverage ratios have been collected through Datastream. The results contradictfundamental theories on capital structure. READ MORE

5. 4. Basel III and Monetary Policy

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Oskar Jansson; Henric Nicklasson; [2020]
   Keywords : Basel III; Capital Requirements; Monetary Policy Transmission; Bank Lending; Business and Economics;

   Abstract : Headlined by Basel III - banking regulation has been the target of extensive revisions and remodeling in the wake of the Global Financial Crisis. The same period has, in many countries, also been characterized by unprecedented accommodative monetary policy. READ MORE

6. 5. Does hedging increase firm performance? An empirical analysis of the shipping industry

   University essay from Lunds universitet/Företagsekonomiska institutionen

   Author : Daniel Nilsson; Wendy Patino; [2017]
   Keywords : Hedging; Risk Management; Return on Invested Capital; Shipping; Operating Performance; Business and Economics;

   Abstract : In this study, we analyze the hedging activities for risk management purposes of 31 shipping companies headquartered in Europe and North America and its impact on ROIC, in the period between 2009 and 2014. We also study how ROIC interacts with hedging and investments undertaken by the firms in our sample. READ MORE