Essays about: "Long-Term Shareholder Value"

Showing result 1 - 5 of 26 essays containing the words Long-Term Shareholder Value.

1. 1. The Impact of Spin-offs on Shareholder Value : Evidence from the Swedish Market 1991-2022

   University essay from Uppsala universitet/Företagsekonomiska institutionen

   Author : Moa Landing; Gustav Swedenborg; [2023]
   Keywords : Spin-offs; Corporate restructurings; Abnormal returns; Determinants of abnormal returns;

   Abstract : This thesis uses an event study methodology to investigate the short- and long-term effect on shareholder value from Lex ASEA-approved spin-offs' on the Swedish market between 1991-2022. The impact of spin-offs has been examined by estimating the effects on the parent firm, the spun-off entity, and a value-weighted pro-forma entity. READ MORE

3. 2. Do CEOs thrive in times of inflation? An empirical study on the impact of inflation on CEO compensation in the United States

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Cynthia Ohenhen; Sofia Ferenius; [2023]
   Keywords : CEO compensation; Compensation determinants; Inflation; Agency theory;

   Abstract : With CEO compensation and CEO-pay ratio growing to previously unobserved levels simultaneously as the United States has experienced inflation hikes, the discussion on the importance of understanding how CEO compensation develops increases for corporate governance to ensure shareholder value. This research paper aims to explore the impact of inflation on CEO compensation and whether inflation is the reason for the recent surge in CEO compensation. READ MORE

4. 3. Unlocking Shareholder Value : A Study of Mergers and Acquisitions in Sweden

   University essay from Uppsala universitet/Företagsekonomiska institutionen

   Author : Adam Becker; Ludvig Engström; [2023]
   Keywords : mergers and acquisitions; event study; signalling theory; agency theory; strategic fit; cumulative abnormal returns; buy-and-hold abnormal returns; short-term stock performance; long-term stock performance;

   Abstract : This thesis examines whether mergers and acquisitions (M&A), ranging from 2009 to 2020, are value-generating for acquiring shareholders in the short-term and long-term of companies listed on the Stockholm Stock Exchange. A cohesive and integrated theoretical framework is formed in which six firm-specific and deal-specific variables are hypothesized to have varying impacts on both short- and long-term stock performance for acquiring shareholders. READ MORE

5. 4. To Merge or Not to Merge: The Shareholder Perspective on M&As

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Gustaf Sandelin; Serge Terzian; [2023]
   Keywords : Mergers and acquisitions; determinants of value creation; event studies; European manufacturing industry.; Business and Economics;

   Abstract : This study examines if abnormal return occurs in conjunction with merger announcements in the short-term and compares it with the compounded one-year buy-and-hold abnormal return in the long-interval for European manufacturing firms. In the final sample, the short-term study consisted of 209 firms, while the long-term incorporated 207, both during a sample period of 20 years. READ MORE

6. 5. Does purchased goodwill create shareholder value?

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

   Author : Philip Eriksson; Edith Wolff; [2023]
   Keywords : purchased goodwill; mergers and acquisitions; long-term performance; industries;

   Abstract : In this paper we examine the relationship between the purchased goodwill proportion (PGP) and the long-term stock performance of US acquirers and how this relationship is moderated by industry classification. Our final sample consists of 676 M&As in the period 2007-2017. READ MORE