Essays about: "Sofia Knobel"

Found 2 essays containing the words Sofia Knobel.

  1. 1. Controlling minority shareholders' effect on value creation in M&A transactions

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

    Author : Frida Ericsson; Sofia Knobel; [2018]
    Keywords : M A; Corporate Governance; ; Minority Expropriation; Ownership Structure;

    Abstract : We examine the effect of having a controlling minority shareholder (CMS controller) - who holds a large fraction of a firm's voting rights without a proportional investment in the cash flow rights - on the extent of value creation from M&A transactions in Sweden. The data sample consists of 263 M&A transactions between 2003 and 2013, of which 109 were undertaken by firms with a CMS controller. READ MORE

  3. 2. Investment-Cash Flow Sensitivity for Swedish Firms

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

    Author : Victor Abrahamsson; Sofia Knobel; [2016]
    Keywords : Overinvestment; Underinvestment; Free Cash Flow; Agency Cost Theory; Financing Constraints;

    Abstract : The aim of this bachelor thesis is to determine whether there exists a relationship between a firm's level of overinvestment or underinvestment and its level of positive free cash flow or negative free cash flow respectively. We collect data from 165 Swedish firms listed on OMX Stockholm Stock Exchange between 2008-2014. READ MORE