Essays about: "Insider Information Leakage"
Found 4 essays containing the words Insider Information Leakage.
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1. The influence of M&A advisors on pre-bid run-ups: A quantitative study of 225 Swedish public takeover bids between 1999 and 2017
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : Prior to public takeover bids there is generally an abnormal stock price increase in the target firm's stock price, referred to as a pre-bid run-up. Prior research has emphasised two explanations for pre-bid run-ups. READ MORE
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2. Merger and Acquisition Announcements - The Effect on European Equity Prices
University essay from Göteborgs universitet/Graduate SchoolAbstract : This paper empirically tests the impact of merger and acquisition announcements on common stock pricesof European developed markets by using an event study methodology. The findings suggest significant positive abnormal returns for the targets occurring mostly on the event date and one day prior, but insignificant slightly negative abnormal returns for the acquirers could appear due to anticipation effects or leakage of private information. READ MORE
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3. Abnormal return prior to tender offers on the Swedish Stock Market
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : For this paper 236 tender offers on Swedish listed companies have been studied. The purpose was primarily to investigate abnormal return for the target companies between 1997 and 2009. READ MORE
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4. Pre-Bid Run-Ups and Insider Trading: - Evidence from the Swedish stock market
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : We have studied a data sample of 191 cases of public takeover bids on Swedish listed companies. The goal of this study was to, by firstly studying the price volume dynamics of the target firm, try to determine if a potential price run-up in the target company stock price prior to the announcement was caused by illegal insider trading, or by sophisticated investors carrying out careful analysis of public information. READ MORE