Essays about: "Björn Hedman"

Found 2 essays containing the words Björn Hedman.

1. 1. Sensitivity to Target Leverage Deviation and its Effect on Speed of Adjustment - A Study of Capital Structure Adjustments in a Nordic Context

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

   Author : Björn Hedman; Hannes Lüning; [2016]
   Keywords : Target leverage deviation; speed of adjustment; cost of equity; sensitivity; bank-based economy;

   Abstract : In this paper, we study whether cost of equity is sensitive to deviations from target leverage and if this sensitivity is an explanatory factor for firms' speed of adjustment (SOA) towards an optimal capital structure. Further, we explore if access to bond markets could influence SOA. READ MORE

3. 2. A Comparison of Full and Partial Private Equity Exits in the Nordic Region - Does information asymmetry affect the extent of exit?

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

   Author : Björn Hedman; Adam Sandberg; [2014]
   Keywords : Private Equity; Private Equity Exit; Partial Exit; Information Asymmetry;

   Abstract : When exiting their investments, PE firms can either make a full or partial exit. The former implies disposing of the whole stake in the investment while the latter means that a part of the stake is retained. READ MORE