Essays about: "Cumulative Abnormal Return"

Showing result 1 - 5 of 91 essays containing the words Cumulative Abnormal Return.

  1. 1. Does size matter? Analysis of stock price reaction to green bonds announcements

    University essay from

    Author : Yasmine Ben Rouha; Khaled Khouja; [2021-07-13]
    Keywords : Green Bonds; Sustainability; Efficient Market Hypothesis; Signaling Theory; Abnormal Return; Cumulative Abnormal Return; Amount Issued;

    Abstract : The recent large growth in the green bond market has been shown in previous studies to yield abnormal returns as the market value of the stock reacts to the announcement of green bond issuance. This study uses a sample of 90 observations, of which 61 are from the Swedish market and the remaining 29 from the American market. READ MORE

  2. 2. Wealth effects associated with spin-offs: Empirical evidence from the Nordics

    University essay from Göteborgs universitet/Graduate School

    Author : Robin Abrahamsson; Gustav Berneblad; [2021-06-30]
    Keywords : Spin-offs; wealth effects; cumulative average abnormal return; announcement date; long-run performance; ; efficient market hypothesis;

    Abstract : MSc in Finance.... READ MORE

  3. 3. Abnormal returns for IPOs on the Swedish stock exchange

    University essay from

    Author : Björn Landelius; David Molin; [2021-06-28]
    Keywords : IPO; Underpricing; Event Study; Multivariate Regression; Efficient Market Hypothesis; Winner s Curse;

    Abstract : We examine the occurrence of underpricing and short-term performance of a sample of 216 Swedish IPOs between 2017-2021. The theories used are the Efficient Market Hypothesis, Underpricing, Information asymmetry which contains both the Principal Agent Theory and the Signaling Theory, and beyond that, the Winner’s curse. READ MORE

  4. 4. Mergers and Acquisitions in The Video Gaming Industry

    University essay from Göteborgs universitet/Företagsekonomiska institutionen

    Author : Viktor Glimne; Jesper Stålheim; [2021-02-24]
    Keywords : ;

    Abstract : This research paper studies the effect of 102 M&A announcements during 2016-2020 in thevideo gaming sector. The purpose is to answer whether M&A events within the sectormanages to create synergy gains for investors, or if it is just an act of management wantingto control larger firms, increasing the size of companies with little value added. READ MORE

  5. 5. The effect of cultural distance on cross-border M&A performance by emerging market firms - A multiple measurement analysis

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Erik-Axel Vinterskog; Christoffer Chami; [2021]
    Keywords : Cross-border M A; Emerging markets; Cultural distance; Cross-border M A performance;

    Abstract : This thesis examines how cultural distance affects cross-border M&A performance of emerging market firms. The study adds to the previous literature by using a multi-measurement approach, a broader sample of emerging countries and by comparing the effects to those of developed market firms. READ MORE