Essays about: "Fanny Bsenko"

Found 2 essays containing the words Fanny Bsenko.

1. 1. The Implications of Earnings Management in Initial Public Offerings - Evidence from the Nordic Stock Markets

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Fanny Oltner Bsenko; Martin Desch; [2017]
   Keywords : Accruals; Earnings management; IPO; Stock performance; Nordic stock market;

   Abstract : This paper evaluates how earnings management in initial public offerings (IPOs) affects long-term stock performance of Nordic firms, focusing on the role of current accruals. We provide evidence that current accruals above the industry standard reliably predict future stock underperformance given a 36-month time period. READ MORE

3. 2. Do CEO stock options induce risk-taking? - A study on Swedish companies

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Fanny Bsenko; Simon Karlsson; [2015]
   Keywords : CEO stock options; Equity risk; Stock volatility; Debt-to-equity ratio; Dividend per share;

   Abstract : The use of option-based compensation is a common measure to mitigate agency problems. However, due to the convex payoff structure of an option, concerns have been raised that managers may be induced to take on excessive risk. This paper explores the relationship between CEO option grants and risk-taking in Swedish companies. READ MORE