Essays about: "Index Returns"

Showing result 21 - 25 of 407 essays containing the words Index Returns.

  1. 21. Accounting for the Measurement Bias: A Study of Market Efficiency in the United States and the Relevance of Extensive Fundamental Analysis in Equity Valuation

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

    Author : Erik Bergmark; Hugo Freudenthal; [2023]
    Keywords : Accounting valuation bias; Fundamental analysis; Horizon Value; Market mispricing; Residual income valuation;

    Abstract : This thesis investigates abnormal returns over the period 1983-2021 from an investment strategy that is based on public accounting information. Investment positions are taken in US manufacturing firms and are held for 36 months using a self-financing (hedged) portfolio. READ MORE

  3. 22. Cultural Distance’s Effect on Short-Term Acquisition Performance - Evidence from Swedish Acquirers

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Alia Rezai; Ludwig Lindau; Vilhelm Thorstenson; [2023]
    Keywords : Cultural distance; Masculinity; Uncertainty Avoidance; Short-term acquisition performance; Cumulative average abnormal returns; Cross-border acquisitions; Business and Economics;

    Abstract : This quantitative study aims to investigate whether cultural distance has any significant effect on short-term acquisition performance, measured as abnormal returns for Swedish cross-border acquisitions. This study adds to previous literature through filling the gap where there has been a lack of a sample of Swedish acquirers, using a multi-measurement approach, and having a broad sample of acquisitions conducted in Europe between the years 2000-2022. READ MORE

  4. 23. Sustainable investing in the Nordics : A comparative analysis of ESG portfolios

    University essay from Umeå universitet/Företagsekonomi

    Author : Linus Gustavsson; Marcus Andersson; [2023]
    Keywords : ESG rating; ESG investing; Factor investing; Nordic ESG financial performance; sustainable finance;

    Abstract : Sustainability has become a pressing global issue due to environmental and social challenges caused by human activity which has led to a rise in sustainable investing, including ESG investing. Research on financial performance and sustainable investing have not only showed mixed results, but they are also generally conducted in greater markets such as the US, Europe, and Asia-pacific markets. READ MORE

  5. 24. Economic Policy Uncertainty and Stock Market Performance: The Role of CSR

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

    Author : Albin Hammarberg; Victor Möller; [2023]
    Keywords : Economic Policy Uncertainty; Corporate Social Responsibility; Capital Asset Pricing Model; Fama French Three Factor Model; Stock Market Returns;

    Abstract : This research study aims to examine the association between economic policy uncertainty (EPU) and stock market performance, and to investigate whether corporate social responsibility (CSR) has an impact on this relationship. The dataset used in this study comprises firms listed on the S&P 500 index from 2013 to 2022 and is applied on two models, the Capital Asset Pricing Model and Fama French Three Factor Model. READ MORE

  6. 25. Post Earnings Announcement Drift in the Stockholm Stock Exchange : How pronounced is PEAD on beta, traded volume and sector allocation?

    University essay from Blekinge Tekniska Högskola/Institutionen för industriell ekonomi

    Author : Ramon Nino; Paula Sander Pettersson; [2023]
    Keywords : PEAD; Post Earnings Announcement Drift; Anomalies; Efficient Market Hypothesis; Earnings announcements; beta; volume; sector; price;

    Abstract : Post Earnings Announcement Drift (PEAD) is a market anomaly that challenge the “Efficient Market Hypothesis” (EMH). It was first discovered in 1968 by Ball and Brown. When firms on the stock market have their earnings announcement the stock price will be affected and tend to drift up or down in price for days, weeks or months. READ MORE