Essays about: "Abnormal Liquidity"

Showing result 6 - 10 of 28 essays containing the words Abnormal Liquidity.

1. 6. Determinants of Bidders' Abnormal Returns in Technology Mergers and Acquisitions

   University essay from

   Author : Filip Dahlfors; Stefan Padjen; [2019-07-08]
   Keywords : Event Study; Technology Industry; Mergers and Acquisitions; Shareholder Value;

   Abstract : We study 314 mergers and acquisitions (M&As) of European and American technology firms between 2004 and 2018. Using the standard event study methodology, this paper analyzes the abnormal returns of bidders in the event window around the M&A announcement date to investigate whether or not technology M&As create value. READ MORE

3. 7. Chasing Sustainable Stocks: A Superior Investment Decision? - An ESG Investment Study

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Sebastian Johansson; Gustav Nilsson; [2019]
   Keywords : ESG; Socially Responsible Investing; Trading Strategy; Portfolio Performance;

   Abstract : Sustainable investing is trending, amounting to $30 trillion in assets under management world-wide in 2018 and it is predicted to grow even larger in the years to come. This thesis studies ESG portfolio performance of three comparable portfolios, a Sustainable, a Good Enough and an Unsustainable portfolio constructed using ESG-score in relation to their Global Industrial Classification Standard (GICS), between 2004 - 2018 in the U. READ MORE

4. 8. Investigating the Price and Volume Effect following Changes on OMX Nordic Indices

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Oskar Bladh; Christopher Carlsson; [2019]
   Keywords : Index Effect; Abnormal Returns; Abnormal Trading Volume; Event Study; Business and Economics;

   Abstract : In the last decade, there has been a substantial shift from actively managed funds to funds with passive investment strategies. This shift was also observed by Shleifer (1986), who identified that passive investment funds began to significantly increase their ownership of the S&P 500 in the period between 1975 and 1983. READ MORE

5. 9. Predictability of return and volatility in Bitcoin markets

   University essay from Göteborgs universitet/Graduate School

   Author : Martin Eimer; Lina Karlsson; [2018-07-03]
   Keywords : Bitcoin; Price Manipulation; Abnormal Liquidity; Spoofing; Limit Order Book; High Frequency Trading;

   Abstract : We study how abnormal liquidity affects the predictive power of returns and volatility in Bitcoin markets. The presence of abnormal liquidity can be explained by price manipulation which is the result from previous studies that found manipulators present in the market. READ MORE

6. 10. Do Banks Suffer From Stigmatization In Equity Capital Markets?

   University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

   Author : Maximilian Pagel; [2018]
   Keywords : Federal Reserve Liquidity Programs; Financial Crisis; Stigma;

   Abstract : This Master's Thesis investigates which effect the Federal Reserve's release of detailed Discount Window transaction data on March 31, 2011 had on the borrowing banks' stock performance. Three sets of event studies indicate that those banks did not experience negative abnormal stock returns, rejecting the hypothesis that, in equity capital markets, there is a negative stigma attached to borrowing under the Discount Window facility. READ MORE