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Showing result 16 - 20 of 33 essays matching the above criteria.

  1. 16. Performance of IPOs on the Nordic Market: Factors affecting Nordic IPOs before and after the financial crisis

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Serajelden Aburawi; Leo Dajakaj; [2018]
    Keywords : IPO; First-day return; Long-run performance; BHAR; Private Equity; Venture Capitalist; Business and Economics;

    Abstract : ABSTRACT Title: Performance of IPOs on the Nordic Market Factors affecting Nordic IPOs before and after the financial crisis Course: NEKN02, Economics: Master Essay 1 – Finance Program Authors: Serajelden Aburawi, Leo Dajakaj Advisors: Martin Striebomy, Anders Vilhelmsson Key words: IPO, First-day return, Long-run performance, BHAR, Private Equity, Venture Capitalist Purpose: This study aims to determine if there are any differences in the long-run performance and first-day returns between IPOs on the Nordic market with different ownership structures before and after the financial crisis of 2008. Furthermore, variables from previous studies have been chosen in order to study if they have an impact on the long-run performance of IPOs on the Nordic market Methodology: The collected secondary data was analyzed through a quantitative method with a deductive approach Theoretical perspectives: The previous studies that have been used in this paper have mainly concentrated on the long-run performance and first-day returns of IPOs on the European and US markets. READ MORE

  2. 17. The Long-Run Performance of Swedish IPOs : Explained in terms of Firm Maturity

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Alexandra Maourina; Nicole Kalinowska; [2017]
    Keywords : Swedish IPOs; aftermarket performance; RE TA; life-cycle; firm maturity;

    Abstract : This paper examines the long-run aftermarket performance of Swedish IPOs between 2000- 2016, including two market downturns (the burst of IT and housing bubble). The main objective is to investigate whether performance is explained in terms of firm maturity, which is the main contribution to existing literature. READ MORE

  3. 18. The Role of Venture Capital Backing in the Underpricing and Long-Run Performance of Chinese IPOs

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Jonathan Johansson; Eric Abrahamsson; [2017]
    Keywords : Venture Capital; IPO; Underpricing; Long-run performance;

    Abstract : We investigate the role of venture capital (VC) backing in the underpricing and long-run performance of initial public offerings (IPOs) in China from 2004 to 2012. China provides a unique contextual setting for conducting such an examination with a regulatory framework in the going public process vastly different from its western peers. READ MORE

  4. 19. Predictors and Analysis of IPOs long-term performance: evidence from the US market

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Mattia Zinelli; Simone Cattaneo; [2017]
    Keywords : Initial Public Offering; Abnormal Performance; Long-Term Performance;

    Abstract : This paper reassesses the long-term abnormal performance of US IPOs and seeks to detect predictors for long-run performance. We use monthly data of 600 listings over the sample period 2010-2014 to calculate performance at three different cut off points: 3, 5 and 7 years after the issue. READ MORE

  5. 20. The performance of Nordic private equity-backed IPOs: An empirical study on underpricing and aftermarket abnormal returns

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Bengin Polat; Maikel Makdisi-Somi; [2017]
    Keywords : Nordic IPOs; Private equity; Underpricing; Long-run abnormal returns;

    Abstract : Using a sample of 267 Nordic IPOs, consisting of 62 private equity-backed issues and 205 non-sponsored issues between January 2001 and May 2017, we investigate the level of underpricing and aftermarket abnormal returns for all IPOs and the two subgroups. We test the level of underpricing by regression, on an equally-weighted and value-weighted basis, with five explanatory variables. READ MORE