Essays about: "free cash flow theory"
Showing result 1 - 5 of 12 essays containing the words free cash flow theory.
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1. Long-term performance and Method of Payment: A study of the Nordic Mergers and Acquisitions Market
University essay from Lunds universitet/Företagsekonomiska institutionenAbstract : Purpose: The purpose of this study is to test how Nordic acquirers perform post M&A deals and to what extent the Method of Payment affects this performance. An additional analysis is also conducted where the above is tested, conditional on the financial constraints of the acquirer. READ MORE
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2. Cashflow Investment Relationship: Empirical Evidence of Chinese Financial Market
University essay from Lunds universitet/Företagsekonomiska institutionenAbstract : Purpose: In this study, we examine the data from Chinese companies to test the relationship between cash flow and investment. While a wide assortment of previous research has examined the relationship between cash flow and investment, they have largely focused on empirical analysis from an US or a Western perspective. READ MORE
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3. Financial Leverage and Market Return: Empirical Evidence from US Market Indices.
University essay from Lunds universitet/Företagsekonomiska institutionenAbstract : This paper is to empirically investigate the relationship between leverage and firm performance if any exists, “what is the direction of the relation?” as well as test the possibility of a non-monotonic relationship. Panel regression analysis is used for this study while using asset tangibility as an instrumental variable. READ MORE
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4. The Impact of Key Performance Indicators (KPIs) on Listed European Football Clubs
University essay from Lunds universitet/Företagsekonomiska institutionenAbstract : The purpose of this paper is to investigate and shed light on the critical success factors for investors, management and academia for listed European football clubs. This paper is the first of its kind in that it analyses the Key Performance Indicators and their respective impact on the stock price for 23 listed European football clubs. READ MORE
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5. The stock market reaction towards acquisition announcements in different business cycles
University essay from Göteborgs universitet/Graduate SchoolAbstract : We investigate whether the stock market reaction towards acquisition announcements is dependent on different business cycles. In addition, we examine if the stock market reaction is consistent with predictions in the free cash flow theory (Jensen, 1986) and the overvaluation theory (Myers & Majluf, 1984). READ MORE