Essays about: "Cumulative Abnormal Returns CAR"

Showing result 1 - 5 of 37 essays containing the words Cumulative Abnormal Returns CAR.

1. 1. Lockup expiration after IPO : Potentially abnormal returns on the Swedish Stock Exchange?

   University essay from Uppsala universitet/Företagsekonomiska institutionen

   Author : Timothy Flysjö; Filip Daberius; [2023]
   Keywords : Initial Public Offering; IPO; Lockup agreements; Abnormal returns; Lockup length; Private equity; Staggered Lockups; Event Study;

   Abstract : We examine 102 share lockup agreements following IPOs on the Swedish stock market and whether any abnormal returns exist in the days surrounding the expiration of lockup agreements. We also test three potential explanatory variables based on previous research, the length of the lockup agreement, the type of pre-IPO ownership for the firm (if it is backed by private equity or not), and if the lockup has multiple expiration dates (staggered lockup) or only one. READ MORE

3. 2. Unlocking Shareholder Value : A Study of Mergers and Acquisitions in Sweden

   University essay from Uppsala universitet/Företagsekonomiska institutionen

   Author : Adam Becker; Ludvig Engström; [2023]
   Keywords : mergers and acquisitions; event study; signalling theory; agency theory; strategic fit; cumulative abnormal returns; buy-and-hold abnormal returns; short-term stock performance; long-term stock performance;

   Abstract : This thesis examines whether mergers and acquisitions (M&A), ranging from 2009 to 2020, are value-generating for acquiring shareholders in the short-term and long-term of companies listed on the Stockholm Stock Exchange. A cohesive and integrated theoretical framework is formed in which six firm-specific and deal-specific variables are hypothesized to have varying impacts on both short- and long-term stock performance for acquiring shareholders. READ MORE

4. 3. Carbon Protectionism?

   University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

   Author : Sam Säflund; Malcolm Thunberg; [2023]
   Keywords : Event study; Cumulative Abnormal Return; EU CBAM; ETS; Sustainable finance;

   Abstract : This study examines the market reactions and valuation implications of the Carbon Border Adjustment Mechanism (CBAM) adopted by the European Union (EU). The CBAM is the world's first carbon border import tax aimed at addressing carbon leakage and promoting a transition to a low-carbon economy. READ MORE

5. 4. Market Reaction to Environmental Controversies: The role of perceived behaviour

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Christian Emidi; Sebastian Galan; [2023]
   Keywords : ESG; environmental controversies; market reaction; perceived behaviour; anchoring; Business and Economics;

   Abstract : The rising importance of ESG related issues has been witnessed both by recent literature and surveys. In this paper, we first analyse whether environmental controversies have a significant impact on the involved companies’ stock returns. READ MORE

6. 5. Green Bonds : A study on the signaling effects of issuing green bonds in the Swedish real estate sector

   University essay from KTH/Fastighetsekonomi och finans

   Author : Sophia Solberg; Wilma Olofsson; [2023]
   Keywords : Green bonds; Sustainability; Stock Market Reaction; Signaling Theory; Efficient Market Hypothesis; Real Estate Sector; Gröna Obligationer; Hållbarhet; Marknadsreaktioner; Signaleringsteorin; Effektiv Marknadshypotes; Fastighetssektorn;

   Abstract : Green bonds have rapidly increased in popularity over the past years, and are often seen as afacilitator in achieving the Paris Agreement of limiting global warming to 2°C. The Swedishreal estate sector is one of the most frequent issuers in the Swedish green bond market, as itstands for 49% of the total volume outstanding. READ MORE