Essays about: "Georges Chalami"

Found 2 essays containing the words Georges Chalami.

1. 1. IFRS 16: A Necessity For Efficient Market Values? An Ex-Post Study On The Valuation Effects Of Recognized Operating Leases

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

   Author : Lucas Aras; Georges Chalami; [2021]
   Keywords : IFRS 16; Operating Leases; Value Relevance; Misvaluation; Residual Income Valuation Model;

   Abstract : This study examines if the adoption of IFRS 16 has resulted in a lower disparity between market values and their intrinsic (true) values in an ex-post setting. With financial statements being an important source of information for the investment decisions of investors, we aim to understand whether the uniform treatment of previously off-balance sheet operating leases following IFRS 16 has facilitated share price information. READ MORE

3. 2. Overvalued stock: M&A or SEO? A study of the performance and decision making of overvalued firms.

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Georges Chalami; Lucas Aras; [2019]
   Keywords : Overvaluation; mergers and acquisitions; seasoned equity offerings; operating performance; firm characteristics;

   Abstract : This study examines two ways of exploiting overvalued stock by US firms: Conducting a seasoned equity offering (SEO) or a stock swap acquisition. As market misvaluations provide short-term opportunities for managers to receive large potential gains, the decision of how to utilize stock overvaluation can have a significant impact on the value created. READ MORE