Essays about: "Buy-and-Hold Abnormal Return"

Showing result 21 - 25 of 28 essays containing the words Buy-and-Hold Abnormal Return.

1. 21. Hit or miss? - Do acquisitions create value for the acquiring company’s shareholders? A long-term event study on acquisitions performed by Swedish IT companies.

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Nicole Malpezzi; Eriika Martimo; [2017]
   Keywords : mergers and acquisitions; long-term performance; event study; buy-and-hold abnormal returns; Business and Economics;

   Abstract : In this paper, we investigate the long-term post-event stock return performance of companies operating in the IT sector and listed on NASDAQ Stockholm by using 78 mergers and acquisitions deals performed in the 2009 – 2013 period. We apply the event study methodology, focusing on the buy-and-hold abnormal returns approach. READ MORE

3. 22. The performance of Nordic private equity-backed IPOs: An empirical study on underpricing and aftermarket abnormal returns

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Bengin Polat; Maikel Makdisi-Somi; [2017]
   Keywords : Nordic IPOs; Private equity; Underpricing; Long-run abnormal returns;

   Abstract : Using a sample of 267 Nordic IPOs, consisting of 62 private equity-backed issues and 205 non-sponsored issues between January 2001 and May 2017, we investigate the level of underpricing and aftermarket abnormal returns for all IPOs and the two subgroups. We test the level of underpricing by regression, on an equally-weighted and value-weighted basis, with five explanatory variables. READ MORE

4. 23. Environmental, Social and Governance Aspects Impact on Financial Performance : An event study on ESG improvement

   University essay from Högskolan i Jönköping/IHH, Företagsekonomi; Högskolan i Jönköping/IHH, Economics, Finance and Statistics

   Author : Alexander Vigren; [2015]
   Keywords : ESG; Asset Manager; Sustainable Investment; Long-Term Investors; Event Study; Non-Parametric; Buy-and-Hold Abnormal Return;

   Abstract : During the past decade, corporate transparency has become a fundamental value and strong signifier in today’s business environment. Today, companies must reveal more Environmental, Social and Governance (ESG) information about their operations than ever. READ MORE

5. 24. Long-Run IPO Performance for Family Firms - A study on the Swedish market

   University essay from Lunds universitet/Företagsekonomiska institutionen

   Author : Linus Olsson; Marcus Östman; [2015]
   Keywords : IPO; Long-Run Performance; Family Firm; Nasdaq OMX Stockholm; Buy-and-hold abnormal return; Business and Economics;

   Abstract : This thesis studies the long-run performance of IPOs. In addition, it differentiates between family firms and non-family firms. The long-run performance is tested on listings on Nasdaq OMX Stockholm over a period from 1997 to 2011. The sample consists of 100 firms, whereas 39 firms are classified as family firms. READ MORE

6. 25. Two sides of the same coin?

   University essay from Lunds universitet/Företagsekonomiska institutionen

   Author : Anton Hansson; Theodor Östlund; [2015]
   Keywords : Mergers; Acquisitions; Event Study; BHAR; ROA; Operating Performance; Regression analysis; Business and Economics;

   Abstract : Purpose: This study’s purpose is to study the long term effects of M&A and to examine whether stock price is the only determinant of post-merger performance or if operating performance can be used as an additional determinant. How underlying variables impact these measures are also part of this study´s purpose. READ MORE