Essays about: "John Kleven Falck"
Found 1 essay containing the words John Kleven Falck.
-
1. The Corporate Governance Scorecard - Testing an investment strategy focusing on spin-offs with strong corporate governance
University essay from Lunds universitet/Företagsekonomiska institutionenAbstract : Seminar date: 03/06/2019 Course: BUSN79 Business Administration: Degree Project in Accounting and Finance, 15 credits Authors: John Kleven Falck and Sebastian Lindeborg Advisor: Håkan Jankensgård Key words: Spin-offs, agency theory, efficient market hypothesis, investment strategy, corporate governance, The Corporate Governance Scorecard Purpose: The purpose of this paper is to test an investment strategy investing solely in spin-offs with strong corporate governance to achieve superior abnormal returns Methodology: This paper designs and adopts a binary scorecard called The Corporate Governance Scorecard, which is used to create two groups of spin-offs with strong and weak corporate governance respectively. T-statistics have been adopted to test the difference in buy-and-hold abnormal return between the two groups. READ MORE