Essays about: "Jesper Börjesson"

Found 1 essay containing the words Jesper Börjesson.

  1. 1. Irreversible Investments under Uncertainty and Inside-ownership. Real Option Approach in a Reduced Form Hazard Model

    University essay from Göteborgs universitet/Graduate School

    Author : Magnus Brandt; Jesper Börjesson; [2015-07-13]
    Keywords : Real options; irreversibility; hazard model; inside-ownership; systematic risk; idiosyncratic risk;

    Abstract : This thesis investigates the probability of making a marginal investment in 33 Swedish Large Cap firms from 2005 to 2015. We use marginal rate of return as a trigger event in an option to delay. This is then examined in a reduced form hazard model using the Black & Scholes option parameters. READ MORE