Essays about: "IPO valuation"

Showing result 1 - 5 of 16 essays containing the words IPO valuation.

  1. 1. Storskogen's portfolio diversification - A strategy for prosperity?

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Markus Johan Willem Ransved Nilsson; Gustaf Frumerie; [2023]
    Keywords : Serial acquirer; M A; Growth; Value Creation; Book-runners;

    Abstract : This case study provides an in-depth description of the fast-paced M&A compounder Storskogen which has received noticeable media attention since its IPO in October 2021. Through examining the market sentiment surrounding the public market entry, the underwriting process, and its business model, potential reasons for its volatile and relatively poor stock performance are put forward. READ MORE

  2. 2. Complexity, Order and Underpricing: An Empirical Study of Underpricing in Technology IPOs

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Emil Holst; Felix Segerstedt Grahn; [2022]
    Keywords : Common Valuation Factors; Ex-ante Uncertainty; Information Spillover Effects; Initial Public Offerings; Underpricing;

    Abstract : Using a sample of IPOs in technology-intensive industries between 1983 and 2022, this paper studies the impact of firm-specific characteristics and actions of prior peers on the initial returns of IPOs. Three types of variables are tested to explain the reasons for the large level and variability of IPO underpricing in the technology sector identified in previous academic studies. READ MORE

  3. 3. On Your Mark, Get Set... Don't Go? A Case Study on X Shore's Series B Financing Round

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Sofia Lindh; Agnes Wästlund; [2022]
    Keywords : IPO; private placement; crisis; electric vehicles;

    Abstract : This thesis investigates how X Shore, an electric boating company, managed raising funds during times of high market volatility following the Russian invasion of Ukraine. The study contributes to existing literature by providing a case study on how crisis and high market uncertainty affects a company seeking funding in their capital intensive, early expansion phase of a growing, contemporary industry. READ MORE

  4. 4. Dressed for success when entering the Swedish market : Changes and composition of the board of directors in IPO companies and the effect on firm valuation

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Erik Staaf; Joel Gotthardsson; [2022]
    Keywords : IPO; Valuation; Corporate Governance; Board of Directors; Agency Theory;

    Abstract : The initial public offering (IPO) of a company is characterized by uncertainty, and a large body of research has focused primarily on underpricing. This study takes a different approach by examining the changes and composition of the board of directors in IPO companies and the effect on market valuation measured by the market-to-book ratio. READ MORE

  5. 5. Standing Selfish and Grand? - A study of private equity impact on IPO valuation

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Alfons Rosendahl Jagut; Vilhelm Sandberg; [2021]
    Keywords : Initial Public Offering; Private Equity; Underpricing; Certification; Grandstanding;

    Abstract : The conflicting effects of private equity certification and grandstanding in relation to IPO underpricing has been disputed since the 1990's. Using a sample of 334 IPOs on six Swedish trading platforms, applying a Tobin's Q value relative as an alternative to first-day returns, this thesis finds differences in valuations between private equity and non-private equity backed IPOs. READ MORE