Essays about: "Event study and Cumulative Abnormal Returns CAR"

Showing result 6 - 10 of 26 essays containing the words Event study and Cumulative Abnormal Returns CAR.

1. 6. The Cushion-Effect of ESG: Evidence from domestic and cross-border deals between 2008 and 2020

   University essay from Lunds universitet/Företagsekonomiska institutionen

   Author : Tim Wasik; Filip Bolling; [2022]
   Keywords : Mergers and Acquisitions; ESG; CSR; Cross-border; Cumulative abnormal return.; Business and Economics;

   Abstract : Purpose: This study investigates the short-term return around the announcement of domestic and cross-border M&A deals, completed by US firms between 2008 and 2020 and how they are affected by the acquiring firm's CSR performance. Methodology: An event study is conducted to establish the short-term return, using the market model to calculate the cumulative abnormal return (CAR) in relation to a market index. READ MORE

3. 7. SPAC merger vs traditional IPO

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Philip Kellerman; [2022]
   Keywords : SPAC; Event Study; Abnormal Returns; CAR; BHAR; Business and Economics;

   Abstract : Special Purpose Acquisition Companies are surging in popularity as a way for companies to go public. As half of the initial public offerings on US stock exchanges were SPACs in 2021 there seems to be no indication of SPACs slowing down. READ MORE

4. 8. The Ups and Downs of SPACs - An analysis of abnormal returns for recent SPACs during its different stages

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Ludwig Wolff; Filip Ternemo; [2021]
   Keywords : SPACs; Special Purpose Acquisition Company; Event Study; Agency Theory; Abnormal Returns; CAR; BHAR; Business and Economics;

   Abstract : As Special Purpose Acquisition Companies (SPACs) are becoming the increasingly popular method of taking a company public, the lack of research on abnormal returns for this asset class since its introduction to the major exchanges validates a reason to expand the investigation. This thesis examines the potential abnormal returns found in different stages of recent SPACs lifecycle, dividing the SPACs into its three major events. READ MORE

5. 9. The impact of M&A on shareholders’ Value; Determinants of the acquirer value creation; Empirical evidence from the Swedish Market.

   University essay from Lunds universitet/Företagsekonomiska institutionen

   Author : Badi Mousa; Hussam Restum; [2020]
   Keywords : Merger acquisition M A ; Cumulative abnormal returns CAR ; Value creation; Event study; Swedish market.; Business and Economics;

   Abstract : The purpose of this thesis is to investigate the impact of M&A announcement on the acquirer shareholders' value in the Swedish market. We further aim to find the determinants behind these changes in the acquirer stock prices. READ MORE

6. 10. Does the interest rate environment matter? Evidence from share repurchase announcements

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

   Author : Jessica Deckert; Signe Karklina; [2019]
   Keywords : Share repurchases; Buybacks; Interest rates; Event study; Cumulative abnormal returns;

   Abstract : This paper investigates how the interest rate environment affects cumulative abnormal returns (CAR) around share repurchase announcements. Even though previous findings regarding this relationship are limited, anecdotal evidence claims that the low interest rate environment is the driver behind the increased amounts of share repurchase programs in recent years. READ MORE