Essays about: "Firm Heterogeneity"

Showing result 1 - 5 of 34 essays containing the words Firm Heterogeneity.

1. 1. The impact of firm-level greenness on the transmission of monetary policy shocks to stock market prices in Sweden

   University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

   Author : Marcus Boman; Ira Kansara; [2024]
   Keywords : Monetary Policy; Heterogeneity; Sustainable Investing; ESG; Green Transition;

   Abstract : A growing literature has indicated that monetary policy shocks impact the stock prices of brown firms more strongly than the stock prices of green firms. Monetary policy tightening is associated with lower stock prices since it leads to a higher cost of capital and in turn a higher discount rate for the expected stream of cash flows. READ MORE

3. 2. Monetary Policy with Credit Market Frictions

   University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

   Author : Mambuna Njie; [2023]
   Keywords : Monetary policy; Investments; Credit frictions; Collateral constraints;

   Abstract : I study the role of collateral as a source of financial friction in the transmission of monetary policy towards firms' investments. First, I use a panel of Swedish firms to estimate the heterogeneity in firm investment responses to monetary policy shocks conditional on collateral. READ MORE

4. 3. Heritage Assets: A Meaningful Basis For Internationalization?

   University essay from Lunds universitet/Företagsekonomiska institutionen

   Author : Hannah Pettersson; Mårten Dahlberg; Måns Widlund; [2023]
   Keywords : family firms; internationalization; heritage assets; location choice; operation mode choice; bifurcation bias.; Business and Economics;

   Abstract : A family’s involvement and ownership of a firm separates family firms from both public companies and other private firms. It is widely accepted that family firms have unique characteristics, with implications for their behavior and an impact on their internationalization. READ MORE

5. 4. Comparing Apples to Peers: Studying the Importance of Industry Affiliation for Private Company Discounts in Europe

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Måns Arvidsson; Linus Hogbäck; [2022]
   Keywords : Private company discount; Private company transactions; M A;

   Abstract : Private company transactions have been found to be, on average, valued lower than comparable public transactions, giving rise to what is often in the literature called a Private Company Discount (PCD). Building on previous literature, this study extends our understanding of how the occurrence of a PCD might differ between different industries, and what firm characteristics that could explain such cross-sectional heterogeneity. READ MORE

6. 5. Experience as a Performance Driver in Private Equity: An Empirical Analysis of Buyout and Venture Capital Funds

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Jan Niklas Hasenpusch; Justin Sundermann; [2022]
   Keywords : Private Equity; Buyouts; Venture Capital; Experience; Performance Measurement;

   Abstract : This thesis analyses the impact of a Private Equity firm's experience on fund performance. It draws on a manually extended data set from Preqin, consisting of 413 liquidated Buyout and Venture Capital funds from North America and Europe with Vintage years between 1980 and 2012. READ MORE