Essays about: "market-to-book ratio"

Showing result 1 - 5 of 22 essays containing the words market-to-book ratio.

  1. 1. Dressed for success when entering the Swedish market : Changes and composition of the board of directors in IPO companies and the effect on firm valuation

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Erik Staaf; Joel Gotthardsson; [2022]
    Keywords : IPO; Valuation; Corporate Governance; Board of Directors; Agency Theory;

    Abstract : The initial public offering (IPO) of a company is characterized by uncertainty, and a large body of research has focused primarily on underpricing. This study takes a different approach by examining the changes and composition of the board of directors in IPO companies and the effect on market valuation measured by the market-to-book ratio. READ MORE

  3. 2. The Impact of Key Performance Indicators (KPIs) on Listed European Football Clubs

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Igor Victor Noonan; Marco Israel Silicaro; [2019]
    Keywords : Free Cash Flow Theory; Underinvestment Problem; Panel Data Regression; Trade Off Theory; Business and Economics;

    Abstract : 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

  4. 3. Stock Valuation, Dividends and Learning Through Age: how learning about a firm and its dividend policy affects its valuation

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Yousef Kaddoura; Marius Rrapushaj; [2018]
    Keywords : Market-to-Book Ratio; Firm value; Learning effects; Dividends; Uncertainty; Over optimism; Fama-MacBeth.; Business and Economics;

    Abstract : This paper looks into how learning about firms and their dividend policy affects their valuation, while comparing the results between North American and German firms. Learning is observed through the age of a firm,where the market-to-book ratio (M/B) is predicted to decline over a firm’s lifespan. READ MORE

  5. 4. Controversial Industries: does it pay to ignore social norms?

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : M.R.T.M. van Nuenen; [2018]
    Keywords : Sin stocks; Controversial Industries; Social norms; Fama-French Five-Factor Model; Carhart Model; Bet against Beta factor;

    Abstract : This paper investigates the impact of social norms on the performance and valuation of “controversial stocks”- publicly traded companies involved in the production of Adult Entertainment, Alcohol, Gambling, Nuclear Energy, Tobacco, Uranium, and Weapons. Their performance and valuation is directly compared with compare non-controversial stocks. READ MORE

  6. 5. Value and growth stocks on the Chinese stock market

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Qingqing He; Peilun Li; [2018]
    Keywords : Value Investing; Growth Investing; Chinese Equities;

    Abstract : This thesis investigates whether an investor can get superior returns when investing in value stocks compared to investing in growth stocks on the Chinese stock exchange (2009-2017). Value and growth stocks are classified by financial ratios. READ MORE