Essays about: "Investor reactions"

Showing result 6 - 10 of 15 essays containing the words Investor reactions.

  1. 6. Price Shocks and Investor Irrationality

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Fredrika Bruu; Emma Åkerstén; [2020]
    Keywords : Overreactions; Underreactions; Stock Market Reactions; Price Shocks; Contrarian Strategy;

    Abstract : This paper replicates the research conducted by Benou and Richie (2003) on overreactions among investors to news or events causing large price changes to occur in the stock market. While the original study focuses solely on large price decreases among well-established firms listed in the S&P 100 index on the U.S. READ MORE

  3. 7. Equity market liberalisation in China: revisiting the shareholder effects of open markets

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

    Author : Julia Lundholm; Victor Hesse; [2019]
    Keywords : Equity market liberalisation; Event study; China; Political connections; Institutional investors;

    Abstract : This thesis studies the short-term shareholder value effects of the equity market liberalisation in China and the role played by contextual factors in the examination of the effects. Two event studies are performed over two different reforms: Qualified Foreign Institutional Investor where the equity markets were opened up for foreign institutional investors in 2002, and Stock Connect where the equity markets where opened up for foreign private investors in 2014. READ MORE

  4. 8. Investors' response to CFO changes: Do CFO characteristics matter?

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

    Author : Mikael Grip; Evelina Radgren; [2019]
    Keywords : CFO successions; Investor reactions; Stock price reactions; Gender; Origin;

    Abstract : This study aims to answer if and how investors react to CFO succession announcements. We analyze if investors value the CFO role and also if investors care about the CFO characteristics Gender and Origin in their market valuations. We use a sample of 469 observations from Nasdaq Stockholm during the period 2001-2018. READ MORE

  5. 9. Market Reactions to Hedge Fund Activism in Europe - An Empirical Study

    University essay from

    Author : Philip Linderum; Daniel Karlsson; [2018-06-26]
    Keywords : Corporate goverance; Hedge funds; Activism; Europe; Event studies;

    Abstract : Activism is on the rise in Europe. In recent years, hedge funds have begun to target firms across the continent with the intent of generating profits through exercising shareholder rights to prompt change and address inefficiencies. READ MORE

  6. 10. Do investors care about gender? A study on stock market reactions to female CEO appointments in Scandinavia

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

    Author : Jennifer Hansson; Linnea Åkerling; [2017]
    Keywords : CEO succession; Gender; Scandinavia; Event study; Diversity;

    Abstract : This paper studies the stock market reactions to the announcements of CEO successions, employing signaling theory and token status theory to highlight potential gender effects. Using a sample of 455 CEO succession events in Scandinavia between 2005 and 2016, we find that the investor reactions to female CEO appointments are significantly more positive than the investor reactions to male CEO appointments. READ MORE