Essays about: "Cumulative Abnormal Return CAR"
Showing result 21 - 25 of 34 essays containing the words Cumulative Abnormal Return CAR.
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21. Target's Accounting Quality and Acquirer's Acquisition Performance: Does acquirer gain higher return with higher target's accounting quality?
University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansieringAbstract : This study aims to investigate whether higher accounting quality (AQ) of a target firm could lead to higher acquirer's acquisition return and increase the likelihood of the deal being settled in cash. The study is conducted with Swedish acquisition data between 2002 and 2015. READ MORE
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22. Institutional Portfolios and M&A Returns
University essay from Lunds universitet/Företagsekonomiska institutionenAbstract : Purpose: To examine how investors’ portfolio exposure in a concentrated ownership-structure affects abnormal returns for the bidding company in a merger and acquisition on the Swedish market Methodology: Quantitative research approach with an event study to explore cumulative abnormal return, multivariate regression analysis Theoretical Perspective: Agency theory, M&A wealth effects, empire building,managerial hubris, block-ownership, institutional ownership Empirical foundation: A sample of 338 acquisitions completed on the Swedish market between January 2001 and January 2015 Conclusion: This study can not with todays limited foreign portfolio data confirm that high portfolio exposure of an institutional investor does create higher CAR in the event of a M&A.. READ MORE
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23. Corporate Social Responsibility and its effect on stock price : A comparison between different types of Corporate Social Responsibility activities and its effect on American firms´ stock price
University essay from Högskolan i Jönköping/IHH, FöretagsekonomiAbstract : In today's society there is an increasing globalization. This may create a challenge for publicly- owned firms to make its stocks more attractive in the market for the investors all around the world. READ MORE
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24. Macroeconomic Factors Influencing Cross-Border Merger & Acquisitions Value - An empirical study of UK acquirers on foreign targets
University essay from Lunds universitet/Företagsekonomiska institutionenAbstract : This thesis intends to contribute to research by evaluating how the market responds to the announcement of a CBM&A transaction for acquiring shareholders and examining the extent to which macroeconomic & cultural factors influence shareholder value creation as well as whether there are any differences between developed and developing countries.... READ MORE
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25. Risk and Uncertainty in Banking Sector -A study of the Post-Earnings Announcement Drift in European banks - Did the market reflect the banks' exposure to risk before the magnitude of the financial crisis was a fact?
University essay from Göteborgs universitet/Företagsekonomiska institutionenAbstract : Background and Problem When the financial crisis started in 2007, the attention was directed towards the risks that the banking sector was exposed to. The information asymmetry between the banks and the market caused uncertainty for the investors, and this uncertainty had to be taken into consideration for investment decisions and would affect the asset pricing (Bird & Yeung, 2012). READ MORE
