Essays about: "Industry Comovements"

Found 1 essay containing the words Industry Comovements.

  1. 1. Takeover Offers and Intra-Industry Effects - An Empirical Analysis of Rival Firms' Stock Price Reactions

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Johan Lanner; Carl Jesper Eliason; [2016]
    Keywords : Event Study; Takeover Offers; Acquisitions; Industry Rivals; Industry Comovements;

    Abstract : Using a data set containing 162 takeover offers in the Swedish stock market, we conduct an event study to investigate industry rivals' stock price reactions to takeover offers within the same industry. Our findings indicate that the abnormal returns of industry rivals are not significantly affected by the takeover offers. READ MORE