Essays about: "influence of stock markets"

Showing result 21 - 25 of 67 essays containing the words influence of stock markets.

1. 21. Turnaround Strategies and Post-Distress Performance: An Empirical Study of Eurozone

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Yiyou Wang; Yun Zhu; [2019]
   Keywords : Distressed Firms; Turnaround Strategies; Post-Distress; Corporate Restructuring; Z -score;

   Abstract : We extend the study of turnaround plans and distressed securities into the eurozone markets and perform an empirical analysis on relationships between turnaround plans and post-distress performance of distressed firms, using 88 distress cases selected based on Altman's Z''-score. We find that in spite of industry growth influence, the financial restructuring is negatively related to the possibilities of the firm's recovery of Z''-score, operating margin and EBITDA, for which financial contract reconstructing and new financing resource are more responsible. READ MORE

3. 22. The Implications of Earnouts - A Study on the Swedish M&A Market

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Ning Wang; Laura Lindberg; [2018]
   Keywords : Earnouts; Sweden; M A; PSM; CAR;

   Abstract : In this thesis, we study the effects of earnouts in the Swedish M&A market. We focus on transactions in which public bidders acquire private targets. Propensity score matching (PSM) is used to reduce the potential problems related to random sampling. READ MORE

4. 23. Alterations in the Liquidity Premium as an Effect of Exchange Traded Funds : A Study Performed on Nasdaq Composite between 1997 and 2016

   University essay from Högskolan i Jönköping/IHH, Företagsekonomi

   Author : Axel Andersson; Emanuel Svanberg; [2018]
   Keywords : Liquidity Premium; Characteristic Liquidity; Systematic Liquidity; Indexation; Exchange Traded Funds; Fama-MacBeth Regression;

   Abstract : Investors have historically demanded a return premium for taking on the risk of illiquidity both in terms of characteristic and systematic liquidity risk. Recent research have presented results suggesting that the liquidity premium is diminishing. READ MORE

5. 24. Stock Performance Differences in Swedish Life Science Companies with or without Research-based Science Park Affiliation

   University essay from Lunds universitet/Företagsekonomiska institutionen

   Author : Eric Isacsson; Liana Trichkova; [2018]
   Keywords : Science park affiliation; university ownership; life science; long-term buy and- hold-abnormal return; short-term cumulative abnormal return.; Business and Economics;

   Abstract : Stock Performance Differences in Swedish Life Science Companies with or without Research-based Science Park Affiliation Seminar date 2018-06-01 Course BUSN 79 Business Administration: Degree Project in Accounting and Finance - Master Level, 15 ECTS Authors: Eric Isacsson and Liana Trichkova Advisor: Håkan Jankensgård Key words: Science park affiliation, university ownership, life science, long-term buyand- hold-abnormal return, short-term cumulative abnormal return. Purpose: The purpose of the study is to investigate if there is a difference in the publicly traded stock performance of science park affiliated and non-affiliated life science firms. READ MORE

6. 25. The influence that a common currency and market conditions have on economic integration : A cross-quantilogram and DCC-EGARCH approach

   University essay from Linköpings universitet/Nationalekonomi

   Author : Sebastian Lindman; Tom Tuvhag; [2018]
   Keywords : Economic integration; Business cycle synchronization; Correlation; Market condition; DCC- EGARCH; Cross-quantilogram;

   Abstract : Countries participating in a common currency area increase their integration within the area. This paper investigates the impact common currency areas have for economic integration with economies of different characteristic outside the area. Results for a common currency group compares to a sovereign currency group. READ MORE