Essays about: "Cumulative Average Abnormal Returns"

Showing result 1 - 5 of 43 essays containing the words Cumulative Average Abnormal Returns.

  1. 1. Cultural Distance’s Effect on Short-Term Acquisition Performance - Evidence from Swedish Acquirers

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Alia Rezai; Ludwig Lindau; Vilhelm Thorstenson; [2023]
    Keywords : Cultural distance; Masculinity; Uncertainty Avoidance; Short-term acquisition performance; Cumulative average abnormal returns; Cross-border acquisitions; Business and Economics;

    Abstract : This quantitative study aims to investigate whether cultural distance has any significant effect on short-term acquisition performance, measured as abnormal returns for Swedish cross-border acquisitions. This study adds to previous literature through filling the gap where there has been a lack of a sample of Swedish acquirers, using a multi-measurement approach, and having a broad sample of acquisitions conducted in Europe between the years 2000-2022. READ MORE

  2. 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

  3. 3. 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

  4. 4. 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

  5. 5. Do the Goal Sanctify the Mean? : An event study of how the Swedish market reacts to ESG news

    University essay from Södertörns högskola/Företagsekonomi

    Author : Lillen Nilsson; Kabir Sehgal; [2022]
    Keywords : Abnormal Returns; Average Abnormal Returns; Behavioral Finance; CSR; Cumulative Average Abnormal Returns; ESG; Event Study; Social Contract; Sustainability; Abnormal avkastning; Beteendeekonomi; CSR; ESG; Eventstudie; Genomsnittlig abnormal avkastning; Hållbarhet; Kumulativ genomsnittlig abnormal avkastning; Socialt kontrakt;

    Abstract : The primary objective of profit-maximizing companies has long been seen as satisfying its shareholders. However, this orthodox view of corporate governance has been modernized as corporate social responsibility have become more relevant. READ MORE