Essays about: "Cumulative Abnormal Returns CARs"

Showing result 1 - 5 of 9 essays containing the words Cumulative Abnormal Returns CARs.

  1. 1. 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

  3. 2. An empirical analysis of M&A bidders' profitability: the impact of financial and sovereign debt crises

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Mirko Battini; [2021]
    Keywords : M A; Bidders profitability; Nordics; Italy; crises;

    Abstract : Expert often wonder what is the best time to announce an M&A. It is well known that M&A bidders usually register a negative stock performance at the transaction announcement. This study aims to investigate if the bidders' performance improves when the M&A is announced during a crisis period. READ MORE

  4. 3. COVID-19's Impact on the European M&A Environment: A study about acquirers' short-term performance

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Carl Davidsson; Kristoffer Brandt; [2021]
    Keywords : Abnormal Returns; Cumulative Abnormal Returns CARs ; COVID-19; Merger and Acquisitions M As ; bidders acquirers; targets.; Business and Economics;

    Abstract : Purpose: The main purpose of this study is to examine how the short-term performance of European acquirers, following M&A announcements, has been affected by the COVID-19 pandemic. In addition, this study also aims to examine how diversifying M&As have been affected, and whether acquirers’ firm value demonstrated a positive relationship with CARs during the pandemic. READ MORE

  5. 4. Shareiholder Wealth: An Event Study of Green and Non-Green Bond Issuance in Scandinavia

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Jonathan Bark; Melker Lundberg; [2020]
    Keywords : Green bonds; Conventional bonds; Event study; Cumulative Abnormal Returns; Capital Asset Pricing Model; Business and Economics;

    Abstract : The green bond market has grown immensely since 2013 and is projected to continue on this growth path in the future. There is no consensus surrounding the effect of green bonds on the issuing firms share price. READ MORE

  6. 5. 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