Essays about: "event study corporate governance"

Showing result 1 - 5 of 18 essays containing the words event study corporate governance.

1. 1. ESG performance, a driver for shareholder value creation? Evidence from mergers and acquisitions

   University essay from Göteborgs universitet/Graduate School

   Author : Sebastian Bergström Jonsson; Felicia Sandersnäs; [2022-06-30]
   Keywords : Environmental; social; Environmental; social; and governance ESG performance; Mergers and acquisitions M A ; Value creation; Stakeholder theory; Shareholder theory; Event study; Abnormal returns;

   Abstract : With an increasing demand for firms to become more sustainable, business managers are increasingly using merger and acquisition (M&A) investments as a tool to enhance both environmental, social, and governance (ESG) performance and corporate financial performance (CFP). This study aims to further understand the impact of ESG performance as a factor for creating shareholder value for the acquirers by 1) examining the impact of target firms' ESG performance on acquirer abnormal returns and 2) examining whether high ESG performing targets can help enhance the ESG performance of the acquirer. READ MORE

3. 2. How corporate governance factors impact the propensity to voluntarily disclose leases: A quantitative study in the Swedish setting

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

   Author : Teodor Töregård; Albin Persson; [2022]
   Keywords : leases; voluntary disclosure; BFNAR 2012:1; corporate governance;

   Abstract : Starting in 2014, firms reporting in accordance with the K3 accounting framework were required to recognize financial leases on the balance sheet and to disclose their future operating lease expenses. With the help of this sudden implementation, this study investigates how a set of corporate governance factors may have influenced the decision of voluntarily disclosing this information prior to the regulatory change. READ MORE

4. 3. Value Creation in (Serial) Acquisitions - The Nordic Evidence

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Axel Gustavsson; Carl Möllerström; [2022]
   Keywords : M A; serial acquirers; agency problems; value creation; Business and Economics;

   Abstract : Evidence of value creation for acquiring companies is revealed by a Nordic sample of acquisitions. The sample of 171 acquisitions, involving 130 acquirers, allows for investigating the performance of companies making several acquisitions. READ MORE

5. 4. Do the Goal Sanctify the Mean? : An event study of how the Swedish market reacts to ESG news

   University essay from Södertörns högskola/Företagsekonomi

   Author : Lillen Nilsson; Kabir Sehgal; [2022]
   Keywords : Abnormal Returns; Average Abnormal Returns; Behavioral Finance; CSR; Cumulative Average Abnormal Returns; ESG; Event Study; Social Contract; Sustainability; Abnormal avkastning; Beteendeekonomi; CSR; ESG; Eventstudie; Genomsnittlig abnormal avkastning; Hållbarhet; Kumulativ genomsnittlig abnormal avkastning; Socialt kontrakt;

   Abstract : The primary objective of profit-maximizing companies has long been seen as satisfying its shareholders. However, this orthodox view of corporate governance has been modernized as corporate social responsibility have become more relevant. READ MORE

6. 5. Factors influencing the share repurchase decision : A look into Nordic firms

   University essay from Umeå universitet/Företagsekonomi

   Author : Fredric Wållberg; Ezra Anglemier; [2021]
   Keywords : Corporate Governance; Share Repurchases; Logistic regression; Payout Policy;

   Abstract : This thesis investigates the relationship between share repurchase decisions and severalfinancial variables the year before. We link financial theories such as signaling,substitution, leverage, excess capital, corporate governance, employee stock option, andlegitimacy theory to this relationship and create a hypothesis to test in a quantitative study. READ MORE