Essays about: "Johan Bolte"

Found 2 essays containing the words Johan Bolte.

  1. 1. Stock Market Reaction on Air Polluted Days: The Case of China

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

    Author : Johan Bolte; Che Liu; [2016]
    Keywords : Chinese stock market; Market efficiency; Mood effect; Smog; CSR reporting;

    Abstract : This study examines the Chinese stock market reaction to 22 smog events between 2012 and 2015. Two possible mechanisms, a 'rational' reaction based on value relevance and an 'irrational' reaction based on psychological bias, are recognized to explain the interrelationship between smog events and a potential market reaction. READ MORE

  3. 2. Equity Market Timing and the Capital Structure of Swedish Firms

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Johan Bolte; Anton Truvé; [2014]
    Keywords : Capital Structure; Equity Market Timing; Trade-off Theory; Leverage Ratio; Equity Issues;

    Abstract : We test the equity market timing hypothesis using yearly data from 1994-2013 for a sample of Swedish firms listed on Stockholm OMX. We do not find any support for market timing when using Kayhan and Titman's (2007) market timing measures. READ MORE