Essays about: "risk-return relationship"
Showing result 11 - 15 of 27 essays containing the words risk-return relationship.
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11. Reverse Robin Hood. A Swedish Assessment of the Distress Puzzle
University essay from Göteborgs universitet/Graduate SchoolAbstract : This research adopts some of the most well-known models to predict financial distress to be able to investigate whether firms with higher probability to default and thereby incorporating more risk do provide investors with a higher return in the Swedish market. We create portfolios sorted on the predicted probability of the financial distress and subsequently perform a portfolio analysis to investigate the risk return relationship. READ MORE
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12. Investing on the risk of company bankruptcy
University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansieringAbstract : We investigate the risk-return relationship between bankruptcy risk, measured by Skogsvik (1990)'s probability of firm failure ("pfail"), and stock returns on a refined stock sample on Stockholmsbörsen between 2002 and 2017. Using portfolio analysis and cross sectional regressions inspired by Fama-MacBeth (1973), we find lacking evidence to support a distress risk premium. READ MORE
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13. Investigating New Multifactor Models with a Conditional Dual-Beta : Can a Conditional Dual-Beta in the Market Factor add Explanatory Value in New Multifactor Models? A study of the Swedish Stock Market between 2003 and 2015
University essay from Linköpings universitet/Företagsekonomi; Linköpings universitet/Filosofiska fakultetenAbstract : This thesis investigates pricing-performance of two recently developed multifactor asset-pricing models with the implementation of dual-betas dependent upon prevailing market-conditions. The models included in the study are the Fama and French five-factor model and the Q-factor model by Hou, Xue and Zhang. READ MORE
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14. The Risk-Return Relationship : Can the Prospect Theory be Applied to Small Firms, Large Firms and Industries Characterized by Different Asset Tangibility?
University essay from Umeå universitet/FöretagsekonomiAbstract : In 1979 Daniel Kahneman and Amos Tversky created the prospect theory. It became an accepted and appropriate theory in explaining decision making under risk. The prospect theory has been one of the most cited articles in economics and Kahneman received the Nobel Prize in Economic Sciences as a result of the creation and development of the theory. READ MORE
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15. Managing Supplier Innovation: A Case Study of the Wind-Turbine Industry
University essay from Göteborgs universitet/Graduate SchoolAbstract : Having reliable supplier relationship is one of the main sources for companies’ open innovation strategy, exploring and raising the level of innovativeness. Consequently, managing open innovation is a crucial challenge for managers, particularly in many high tech industries, where the interests of buyer and supplier change constantly. READ MORE