Essays about: "Cumulative Abnormal Return"

Showing result 21 - 25 of 109 essays containing the words Cumulative Abnormal Return.

  1. 21. 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

  3. 22. 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 the video gaming sector. The purpose is to answer whether M&A events within the sector manages to create synergy gains for investors, or if it is just an act of management wanting to control larger firms, increasing the size of companies with little value added. READ MORE

  4. 23. 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

  5. 24. Is China Crossing the Line?

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Martin Eriksson; Victoria Helin; Alice Serenhov; [2021]
    Keywords : Cumulative Abnormal Return; Cross-border M A; Trading Halt; Trading Suspension; Short-Term Shareholder Wealth; China; Business and Economics;

    Abstract : Purpose To examine if Chinese acquirers create short-term shareholder wealth through cross-border acquisitions, measured by fluctuations of the stock price of the acquiring firm. Additionally, to investigate if industrial, institutional and cultural independent variables affect the cumulative abnormal returns. READ MORE

  6. 25. Spin-off Impact on Shareholder Wealth: A worldwide study on market reactions to spin-off announcements

    University essay from

    Author : Susanna Hellström; Arvid Landmark; [2020-07-01]
    Keywords : Corporate restructuring; Divestiture; Spin-off; Average cumulative abnormal return; Diversification; Information asymmetry;

    Abstract : This thesis investigate the spin-off wealth effect and its determinant factors for spin-offs announced in the period 2000-2019. The sample is distributed over three regions; Europe, Asia-Pacific, and the US, with 103, 248 and 164 sample transactions, respectively. READ MORE