Essays about: "Erik Hedborg"

Found 1 essay containing the words Erik Hedborg.

  1. 1. Spin-offs and Shareholder Value Creation: Factors Affecting the Returns Associated with Spin-off Announcements

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Markus Hedborg; Erik Jonsson; [2018]
    Keywords : spin-off; US equity markets; industrial focus; underperformance; indebtedness;

    Abstract : We examine the effect of announcements of spin-offs on shareholder value. Using a sample of 153 spin-offs announced in the United States between 2007 and 2017 inclusive, we find that spin-offs on average are associated with a cumulative abnormal return over a three-day event window surrounding the announcement date of 4,20 %. READ MORE