Essays about: "Listing effect"

Showing result 16 - 20 of 24 essays containing the words Listing effect.

1. 16. Initial Public Offerings in Sweden: the Effect on Employment and Corporate Performance

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Rolf Bulk; Dan Johansson; [2015]
   Keywords : Initial Public Offerings; Employment; Operating Performance; Public Markets; Economic Development;

   Abstract : This paper investigates the effect of Initial Public Offerings (IPOs) on employment and operating performance of Swedish firms. In order to capture the true effect of IPOs we match firms that underwent an IPO with similar firms that opted to remain private. READ MORE

3. 17. Why do companies switch listings? Empirical evidence from operating performance of Swedish companies

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Filip Nilsson; Johan Riben; [2014]
   Keywords : Stock Markets; Listing Switches; Alternative Exchanges; Firm Characteristics;

   Abstract : We analyse the factors behind the decision to switch from alternative markets to the main market and its effects for Swedish companies between 2000 and 2013. In doing this, we discover that the ex-ante probability of a listing switch increases with size, growth and industry valuation. READ MORE

4. 18. The Impact of First-Day Returns on the Listing Location Decision in International IPOs

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Jan Kälin; Lionel Fracheboud; [2014]
   Keywords : Listing location decision; International IPOs; IPO underpricing;

   Abstract : The thesis at hand introduces historical first-day returns as a predictor for the listing location decision in international initial public offerings (IPO). Furthermore, it examines the moderating impact of firm characteristics on the effect of first-day returns. READ MORE

5. 19. ADR premium, its construction around crisis : To what extent is the ADR premium built by the same variables during a crisis as during a non-crisis period?

   University essay from Företagsekonomi

   Author : Guillaume Beaudoux; William Leau; [2013]
   Keywords : Cross-listing; American Depositary Receipts; ADR; Efficient Market Hypothesis; premium; arbitrage; liquidity; exchange rate; US market; VIX; volatility; home market.;

   Abstract : In this thesis, we analyze premium relationship of American depositary receipts (ADR) and their underlying shares. Several researchers have previously identified the main variables influencing the construction of ADR premium of cross-listed companies. READ MORE

6. 20. Underpricing in the Swedish IPO market : Can investors earn abnormal returns by investing in IPOs?

   University essay from Internationella Handelshögskolan

   Author : Tobias Henricson; [2012]
   Keywords : Initial Public Offerings IPOs ; IPO underpricing in Sweden; time trends in IPO pricing; underpricing patterns.;

   Abstract : This thesis examines underpricing in Sweden using unique data on the 185 firms going public through initial public offerings (IPOs) and listing on the Stockholm Stock Exchange between 1994-2011. The average initial return in the Swedish IPO market adjusted for index movements is 11.49% but underpricing of individual IPOs was as high as 241.04%. READ MORE