Essays about: "Firm Specific Determinants"

Showing result 1 - 5 of 27 essays containing the words Firm Specific Determinants.

  1. 1. Licensing in Pharma - Value Creation and Appropriation

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Axel Hasenkamp; Carl Becht; [2020]
    Keywords : Pharma; Strategic Alliances; Licensing; Value Creation; Value Appropriation; Business and Economics;

    Abstract : We unify literature on licensing in the pharmaceutical industry and empirically verify pre-established and identify new determinants of value creation and appropriation based on a contemporary data set of licensing deals made between 2015 and 2020. We observe positive returns for licensor and licensee. READ MORE

  2. 2. Family Ownership and Payout Policy : A Study of Ownership and Dividend Policies in Swedish Firms

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Adam Hultén; [2020]
    Keywords : Dividend Policy; Family Ownership; Family Firms; Controlling Blockholder; Active Family Member; Agency Theory;

    Abstract : Ownership structure is referenced as one of the key determinants of policy decisions and corporate governance of companies however suggested implications of different structures part in previous research. This study investigates the relationship between different ownership structures and dividend policy decisions taken by a firm and sets out to identify how family ownership in specific differs from other ownership structures. READ MORE

  3. 3. Determinants of Bidders' Abnormal Returns in Technology Mergers and Acquisitions

    University essay from

    Author : Filip Dahlfors; Stefan Padjen; [2019-07-08]
    Keywords : Event Study; Technology Industry; Mergers and Acquisitions; Shareholder Value;

    Abstract : We study 314 mergers and acquisitions (M&As) of European and American technologyfirms between 2004 and 2018. Using the standard event study methodology,this paper analyzes the abnormal returns of bidders in the event window around theM&A announcement date to investigate whether or not technology M&As createvalue. READ MORE

  4. 4. Determining factors of location choice in the modern era : A cross-case analysis on tech companies

    University essay from Högskolan i Jönköping/Internationella Handelshögskolan; Högskolan i Jönköping/Internationella Handelshögskolan; Högskolan i Jönköping/Internationella Handelshögskolan

    Author : Ludwig Sjöstrand; Robin Raske; Carl Klevbo; [2019]
    Keywords : Tech Companies; Internationalization; Location Choice; Location Determinants; Born Globals; Globalization; Digitalization;

    Abstract : The emergence of digitalization and globalization has given birth to firms who cater to a global customer base and source resources from around the world at the click of a button. Nevertheless, as companies continue to innovate how they communicate, govern and internationalize, much of the research is built on a world before the emergence of the digitalized and globalized society we live in today. READ MORE

  5. 5. What determines leverage in leveraged buyouts? : A study of debt levels in European LBOs

    University essay from Uppsala universitet/Företagsekonomiska institutionen; Uppsala universitet/Företagsekonomiska institutionen

    Author : Evelina Gille; Josefine Karlsson; [2019]
    Keywords : Leveraged buyout; LBO; leverage; capital structure; private equity;

    Abstract : This paper examines the main drivers of leverage levels in private equity-sponsored leveraged buyouts (LBOs). In order to find out what drives LBO leverage, we analyse deal financing of 71 European LBO deals completed between 2005 and 2015. READ MORE