Essays about: "David Penman"
Found 2 essays containing the words David Penman.
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1. The EU’s Problem with Migration: A critical policy analysis and mobility justice
University essay from Lunds universitet/Institutionen för kulturgeografi och ekonomisk geografiAbstract : Access to mobility and migration have become highly charged topics. Since the so-called refugee crisis in 2015 the EU has developed a holistic approach to control migration. The 2015 European Agenda on Migration is a policy which has significantly shaped mobility governance since being implemented. READ MORE
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2. Decomposing the Book-to-Price Effect: Leverage and Stock Returns
University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansieringAbstract : The starting point for this thesis is a decomposition of book-to-price (B/P) into an enterprise-book-to-price component (that pertains to the firms operations and supposedly reflects operating risk) and a leverage component (assumed to capture financial risk), laid out by Penman et al (2007). Using Swedish data, we show that the leverage component of B/P is negatively associated with future stock returns, conditional upon enterprise-book-to-price. READ MORE