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Found 2 essays matching the above criteria.

1. 1. Does skill matter? - A study on the relationship between cornerstone investors and underpricing in the Swedish IPO market

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Sebastian Johansson; Arvid Rosberg; [2020]
   Keywords : IPO underpricing; Cornerstone investors; Cornerstone investor skill;

   Abstract : Swedish IPOs backed by cornerstone investors have increased from 10% of all IPOs in 2014 to 90% of all IPOs in January to September of 2020. Although theories regarding IPO underpricing are well developed, the connection to cornerstone investors has not yet been fully covered in financial research. READ MORE

3. 2. Putting a Piece in the Dividend Puzzle

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Arvid Rosberg; Marcus Saeidi; [2018]
   Keywords : Dividend Policy; Firm Performance; Dividend Payout Ratio; Excess Returns; Sweden;

   Abstract : Empirical research shows that dividends affect firm value. This contradicts early financial theory and has therefore captivated researchers for decades. The true relationship between dividends and firm value has not yet been established and the research area has thus been named the Dividend Puzzle. READ MORE