Essays about: "Ebba Lilliehöök"

Found 1 essay containing the words Ebba Lilliehöök.

  1. 1. Post- Credit Announcement Drift- An Empirical Assessment of Credit Rating Announcements and Their Influence on the US Equity Market

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

    Author : Ebba Lilliehöök; Oliver Peldius; [2015]
    Keywords : Post-Credit Announcement Drift; Market Efficiency; Abnormal Returns; Credit Rating Changes; Credit Rating Agencies;

    Abstract : The aim of this study is twofold; (i) to investigate whether credit rating announcements result in a drift in stock prices on the US equity market and, if proven, (ii) how the drift is affected by firm size and the presence of extreme credit rating announcements. Using a sample of 2 922 credit rating announcements, this study examines the long-run stock performance subsequent to credit rating announcements, i. READ MORE