Essays about: "Gustaf Matsson"

Found 2 essays containing the words Gustaf Matsson.

1. 1. Insider trading in the Swedish market: - Can mimicking strategies generate abnormal returns?

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Gustaf Matsson; Babak Mardkhoram; [2015]
   Keywords : Insider trading; mimic; abnormal returns; outside investor; event study;

   Abstract : In this paper we investigate whether insiders generates abnormal returns over time and whether outsiders can make abnormal returns from mimicking the trades of insiders. We further investigate whether certain trade characteristics can help tell us something about the future returns and which insiders that are the most profitable to mimic. READ MORE

3. 2. Competitive effects of initial public offerings in Sweden

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Claes Kilander; Gustaf Matsson; [2012]
   Keywords : IPO; IPO underpricing; IPO stock return; competitive effects; industry effects;

   Abstract : In this paper we examine the competitive effects of initial public offerings (IPOs) in the Swedish financial markets and find that Swedish firms indeed show negative reactions to the IPOs of competing firms both in terms of stock returns and operating performance. We also attempt to explain the level of underperformance by employing two previously proven determinants of competitive IPO effects (leverage and non-financial advantages such as research intensity) but find that leverage does not explain the level of underperformance and that research intense firms experience a greater decline in operating income growth which is contrary to previous research. READ MORE