Essays about: "Cash holdings"

Showing result 11 - 15 of 39 essays containing the words Cash holdings.

  1. 11. The effect of corporate liquidity and investor protection on the behaviour of distressed equity in Europe

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Anneke Damhuis; [2018]
    Keywords : financial distress; equity returns; cash holdings; investor protection;

    Abstract : This study examines the effect of corporate liquidity and investor protection on the relation between financial distress and equity returns using a European sample over the 2002-2016 period. The results show that returns are hump-shaped and decreasing for increasing default risk. READ MORE

  2. 12. Interpreting the Repurchase Signal

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Alexander Truedsson; Adam Kindstrand; [2018]
    Keywords : Information asymmetry; Insider trading; Share repurchases; Undervaluation; Abnormal returns; Signaling.; Business and Economics;

    Abstract : The purpose of this study is to examine the potential of improving the interpretation of signals of undervaluation inherent to share repurchases, by accounting for insider trading, level of insider and cash holdings. The goal is to contribute to decreased information asymmetry and increased efficiency in capital markets. READ MORE

  3. 13. Long-Term Effects of Distributed Profit Taxation on Firms: Evidence from Estonia

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Panu Pikkanen; Kaisa Vaino; [2018]
    Keywords : Corporate taxation; Leverage; Liquidity; Investment; Dividends; Business and Economics;

    Abstract : The study contributes to a body of research on a specific corporate taxation system, distributed profit taxation, by examining whether the system has affected corporate behavior in the long term and if it has, to what extent. The results partly corroborate previous literature but provide new evidence on the long-term effects of distributed profit taxation. READ MORE

  4. 14. THE IMPACT OF LIQUIDITY ON PROFITABILITY : An explanatory study of the banking sector between 2008 and 2017

    University essay from Umeå universitet/Företagsekonomi

    Author : Chembe Rodney Bwacha; Jing Xi; [2018]
    Keywords : ;

    Abstract : The 2007/08 global financial crisis led to significant changes in the financial world especially the banking sector. It led to regulators and governments tightening regulations in banking sector in order to mitigate the aftermath effects of the global crisis as well as prevent a repeat of the mistakes that initially led to the kick-off of the crisis. READ MORE

  5. 15. What are the main factors impacting the discount to net asset value? - A case study of Investor AB

    University essay from KTH/Matematisk statistik

    Author : Alva Engström; Filippa Frithz; [2017]
    Keywords : ;

    Abstract : The discount to net asset value for investment companies has puzzled both the world of academics as well as the investment companies themselves. This thesis aims to examine how the Swedish investment company Investor AB can combat this market inefficiency by analysing the main factors impacting the discount to net asset value over the time period 2006:M12-2016:M12. READ MORE