Essays about: "Cumulative Abnormal Return CAR"

Showing result 16 - 20 of 34 essays containing the words Cumulative Abnormal Return CAR.

  1. 16. The Implications of Earnouts - A Study on the Swedish M&A Market

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Ning Wang; Laura Lindberg; [2018]
    Keywords : Earnouts; Sweden; M A; PSM; CAR;

    Abstract : In this thesis, we study the effects of earnouts in the Swedish M&A market. We focus on transactions in which public bidders acquire private targets. Propensity score matching (PSM) is used to reduce the potential problems related to random sampling. READ MORE

  2. 17. Do Acquisitions Generate Abnormal Returns? Evidence from the Deregulated Electric Utility Industry

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Ronald Steensma; [2018]
    Keywords : Mergers; Acquisitions; Restructuring; Corporate Governance; Firm Performance: Size; Diversification; and Scope; Electric Utilities;

    Abstract : From 1992 onwards, the market for corporate control has been changing as a consequence of deregulation in the North American and West European electric utility industry. Motivated by the lack of consensus on the value creation of acquisitions in the deregulated electric utility industry, this study is conducted. READ MORE

  3. 18. Short Selling: Domestic and Foreign Performance Differences : A study of the Swedish Short Selling Market

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Oscar Eriksson; Olle Sahlman; [2018]
    Keywords : short selling; domestic and foreign investors; performance differences; performance variation; abnormal return; cumulative abnormal return CAR ; buy-and-hold abnormal return BHAR ; Swedish financial market;

    Abstract : The purpose and intent of this study is to conduct comparative research between domestic and foreign investors in regard to short selling positions on the Swedish financial market. The performance differences are measured by compounding short selling positions by the investors between 2015-2018. READ MORE

  4. 19. Stock Performance Differences in Swedish Life Science Companies with or without Research-based Science Park Affiliation

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Eric Isacsson; Liana Trichkova; [2018]
    Keywords : Science park affiliation; university ownership; life science; long-term buy and- hold-abnormal return; short-term cumulative abnormal return.; Business and Economics;

    Abstract : Stock Performance Differences in Swedish Life Science Companies with or without Research-based Science Park Affiliation Seminar date 2018-06-01 Course BUSN 79 Business Administration: Degree Project in Accounting and Finance - Master Level, 15 ECTS Authors: Eric Isacsson and Liana Trichkova Advisor: Håkan Jankensgård Key words: Science park affiliation, university ownership, life science, long-term buyand- hold-abnormal return, short-term cumulative abnormal return. Purpose: The purpose of the study is to investigate if there is a difference in the publicly traded stock performance of science park affiliated and non-affiliated life science firms. READ MORE

  5. 20. Do Mergers and Acquisitions Create Value for Acquirers? Short- and Long-Term Event Study on the Pharmaceutical Industry of Europe

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Anton Lindström; Aleksi Kekkonen; [2018]
    Keywords : Event study; Buy- and hold abnormal return; Cumulative abnormal return; Pharmaceutical industry; Efficient market hypothesis; Business and Economics;

    Abstract : In this thesis, the short- and long-term event study methodology are applied in order to assess whether M&As, in the pharmaceutical industry, create any abnormal return for the acquirer. The majority of the previous research finds a negative abnormal return but the short-term event study seems to generate slightly positive abnormal returns outside the U. READ MORE