Essays about: "Abnormal return"

Showing result 1 - 5 of 274 essays containing the words Abnormal return.

  1. 1. Pricing Conservatism: An Empirical Study on the Value Relevance of Conservative Reserves in Swedish Firms

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Jakob Lembke; Viktor Lundberg; [2021]
    Keywords : Abnormal return; Conservative Accounting; Conservative Reserves; Conservative Reserve Ratio; Market Efficiency;

    Abstract : The purpose of this study is to evaluate the financial market's efficiency in respect to conservative accounting. Particularly the study focuses on conservative accounting's influence on the reported return on owners' equity, including the influence of build-ups and realizations of conservative reserves. READ MORE

  2. 2. Accelerate your returns? An examination of Earnings Acceleration and a range of other earnings-related stock market anomalies - The Swedish Case

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Hugo Karlsson; Majuran Jeganmohan; [2021]
    Keywords : Earnings Acceleration; Stock Market Anomalies; Market Efficiency; Fundamental Analysis; Earnings;

    Abstract : In this study, we aim to explore whether an investor can use earnings acceleration (EA), defined as quarterly change in earnings growth, to construct a viable trading strategy that is able to separate future winners and future losers on the Swedish stock market. Using a sample from 2004 to 2016, we document that a trading strategy that goes long in top decile EA stocks and short in bottom decile EA stocks is unable to generate abnormal returns in both the month- and quarter-long windows. READ MORE

  3. 3. Corporate Social Responsibility and the Equity Markets: A quantitative analysis

    University essay from

    Author : Olle Douhan; Aron Nirbrant; [2020-11-12]
    Keywords : ;

    Abstract : The purpose of this thesis is to examine the relationship between Corporate Social Responsibility (CSR) disclosure and equity prices in the financial markets. An event study combined with a textual analysis is used to research this relationship. The thesis is based on the European market and the sample period is between 2018 and 2019. READ MORE

  4. 4. Spin-off Impact on Shareholder Wealth: A worldwide study on market reactions to spin-off announcements

    University essay from

    Author : Susanna Hellström; Arvid Landmark; [2020-07-01]
    Keywords : Corporate restructuring; Divestiture; Spin-off; Average cumulative abnormal return; Diversification; Information asymmetry;

    Abstract : This thesis investigate the spin-off wealth effect and its determinant factors for spin-offs announced in the period 2000-2019. The sample is distributed over three regions; Europe, Asia-Pacic, and the US, with 103, 248 and 164 sample transactions, respectively. READ MORE

  5. 5. SWEDISH BIDDER´S PERFORMANCE FROM TAKEOVERS - A quantitative event study comparing domestic and cross-border targets

    University essay from Göteborgs universitet/Företagsekonomiska institutionen

    Author : Henrik Molin; Filip Engelholm; [2020-07-01]
    Keywords : Swedish takeover market Cross-border acquisition Bidder´s return;

    Abstract : We examine Swedish bidder’s shareholder return on a takeover announcement based on a short-period event study. Further, the bidder return is examined based on whether the target is domestic or cross-border. READ MORE