Essays about: "Ex-ante uncertainty"

Showing result 1 - 5 of 18 essays containing the words Ex-ante uncertainty.

1. 1. Mandating transparency on deforestation and ecosystem conversion

   University essay from Lunds universitet/Internationella miljöinstitutet

   Author : Moritz Driescher; [2023]
   Keywords : sustainability reporting; mandatory disclosure; deforestation; ecosystem conversion; Earth and Environmental Sciences;

   Abstract : The production of eggs, meat, and dairy products in the EU indirectly contributes to deforestation and ecosystem conversion (DEC) in Latin America due to extensive imports of soy for animal feed. This thesis explores under which preconditions the mandatory European Sustainability Reporting Standards for the agriculture and farming sector can increase transparency in the opaque soy supply chains and incentivize reductions of imported DEC. READ MORE

3. 2. Complexity, Order and Underpricing: An Empirical Study of Underpricing in Technology IPOs

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Emil Holst; Felix Segerstedt Grahn; [2022]
   Keywords : Common Valuation Factors; Ex-ante Uncertainty; Information Spillover Effects; Initial Public Offerings; Underpricing;

   Abstract : Using a sample of IPOs in technology-intensive industries between 1983 and 2022, this paper studies the impact of firm-specific characteristics and actions of prior peers on the initial returns of IPOs. Three types of variables are tested to explain the reasons for the large level and variability of IPO underpricing in the technology sector identified in previous academic studies. READ MORE

4. 3. Information Production, Firm Complexity, and the Underpricing of Initial Public Offerings in Sweden

   University essay from Lunds universitet/Företagsekonomiska institutionen

   Author : Dyar Allaf; Tim Jörnhammar; [2021]
   Keywords : complexity; initial public offerings; underpricing; information production; Business and Economics;

   Abstract : This paper studies whether the level of IPO underpricing is enforced by increased firm complexity. Evidence from a sample of 215 Swedish IPOs between 2010–2020 suggests that investor’s ex-ante uncertainty increases as issuing firms become increasingly complex. READ MORE

5. 4. Underpricing of Venture Capital-Backed IPOs

   University essay from

   Author : Oskar Hjern; Marko Stankovic; [2020-06-29]
   Keywords : Venture Capital; Venture Capital-backed; Venture Capital-exit; IPO; Initial Public Offering; Underpricing; Nordic Stock Market;

   Abstract : This thesis researched the effect of Venture Capital ownership on underpricing in IPOs. We conducted OLS-regressions on two data samples consisting of IPOs in the Nordics between 2009 and 2019. Two samples were collected, consisting of 504 IPOs, of which 50 were Venture Capital-backed. READ MORE

6. 5. Banking Relationships and first-day IPO Performance - Evidence from ex-ante pricing of Swedish firms

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Marcus Undén; Christoffer Begander; [2019]
   Keywords : Initial Public Offering; Underpricing; Information Asymmetries; Banking Relationships;

   Abstract : The purpose of this thesis is to investigate how pre-Initial Public Offering (IPO) banking relationships affect the level of underpricing for Swedish firms. By studying a sample of 273 IPOs between 2014 and 2018, no support for a signaling effect that reduces information uncertainty for investors can be concluded since firms with a pre-IPO lending relationship do not experience a lower level of underpricing. READ MORE