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

Showing result 6 - 10 of 28 essays containing the words Buy-and-Hold Abnormal Return.

  1. 6. Patience, a New Variable in the IPO-Puzzle? : A quantitative study on whether an early IPO negatively affects aftermarket performance

    University essay from Umeå universitet/Företagsekonomi

    Author : Viktor Hansson; Viktor Renström; [2022]
    Keywords : Initial Public Offering; Sweden; Aftermarket Performance; BHAR; Monthly Abnormal Return; Private Equity; Long-run Event Study;

    Abstract : The Swedish market has over the past couple of years seen a large increase in companies going public through an IPO. At the same time the capital on the private equity market is increasing for each year which enables companies to stay private longer. Our research focuses on two main areas. READ MORE

  2. 7. SPAC merger vs traditional IPO

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Philip Kellerman; [2022]
    Keywords : SPAC; Event Study; Abnormal Returns; CAR; BHAR; Business and Economics;

    Abstract : Special Purpose Acquisition Companies are surging in popularity as a way for companies to go public. As half of the initial public offerings on US stock exchanges were SPACs in 2021 there seems to be no indication of SPACs slowing down. READ MORE

  3. 8. SPAC Post-Merger Performance

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Tim Söderman; Rasmus Hjorter Blomberg; [2021]
    Keywords : Special Purpose Acquisition Company SPAC ; Incentive Structure; Moral Hazard; Long-Term Performance; Management Expertise; Business and Economics;

    Abstract : Special purpose acquisition companies (SPACs) are shell companies with no operational assets with the sole purpose of using the raised capital from the initial public offering (IPO) to acquire a private target firm within a predetermined time frame. This financial vehicle has in recent years surged in interest and media coverage. READ MORE

  4. 9. Is it cash o'clock?

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : John Hagfält; Andreas Luttropp; [2021]
    Keywords : Seasoned Equity Offerings; Abnormal Return; Market Timing; Cash Need Rationale; Financial Distress; Business and Economics;

    Abstract : The purpose of this study is to further investigate how market timing and cash need rationale affects stock performance subsequent to a seasoned equity offering and, by doing so, to expand on previous literature on the subject of seasoned equity offerings and stock performance. In this thesis a quantitative approach taken by estimating buy-and-hold abnormal returns subsequent to a seasoned equity offering by the means of an event study. READ MORE

  5. 10. Do Mergers and Acquisitions Increase Shareholder value? – An Event Study of companies within the renewable energy/cleantech industry

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Christoffer Johansson; Christian Lüning; [2020]
    Keywords : Business and Economics;

    Abstract : This thesis research whether mergers and acquisitions in the renewable energy industry create value for the acquiring firms’ shareholders. To research this, an event study methodology has been employed where three different event windows are studied in the short term, and one event window is studied in the long term. READ MORE