Essays about: "Earnings Announcement Premium"
Found 3 essays containing the words Earnings Announcement Premium.
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1. Fund Managers' Awareness of Announcement Premiums: A Study on Fund Managers' Investment Decisions
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : In this paper, we interview fund managers of actively managed Swedish mutual funds to understand how they trade around earnings announcements. Based on an academic paper that we use as the basis for our paper, the authors of the paper find that fund managers on average tend to decrease their exposure to stocks ahead of earnings announcements, even though there is a significantly increased risk-reward and earnings announcement premium to earn ahead of the announcements. READ MORE
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2. Profit Warnings and Stock Price Development
University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansieringAbstract : When a firm's estimate of its financial result deviate significantly from that of the market, the firm is obliged to issue a profit warning. Over the years 2004-2014, only 100 profit warnings were issued on Nasdaq OMX Stockholm Stock Exchange. The low number of profit warnings indicates a reluctance by firms to warn. READ MORE
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3. Mergers and Acquisitions of Financial Institutions During the Subprime Mortgage Crisis and the European Sovereign Debt Crisis
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : This thesis is composed of two different papers in the field of empirical bank M&A analysis. In the first paper "Testing the Deposit Insurance Put Option Hypothesis for Acquisitions by EU-27 and US Banks," we test the validity of the "deposit-insurance hypothesis" and the "earnings diversification hypothesis" for a sample of EU-27 and US bank M&A transactions during the US-Subprime Mortgage Crisis and the European Sovereign Debt Crisis. READ MORE
