Essays about: "Market-to-Book"

Showing result 21 - 25 of 45 essays containing the word Market-to-Book.

  1. 21. Accounting for Goodwill in Public vs. Private Deals : Evidence from US Mergers and Acquisitions

    University essay from Umeå universitet/Företagsekonomi

    Author : Christian Kim; Susmita Mandal; [2016]
    Keywords : Goodwill allocation; purchase price allocation; earnings management; public acquirer; private acquirer; target characteristics.;

    Abstract : In 2001, the FASB (Financial Accounting Standard Board) introduced accounting regulations SFAS 141 and SFAS 142 to improve the relevance, representational faithfulness, and comparability of financial reporting. The new standards have profoundly changed the accounting for business combinations and goodwill under US GAAP by requiring reporting entities to no longer amortize goodwill over its expected useful life, but to test for impairment annually. READ MORE

  3. 22. Leverage determinants of Canadian listed firms: An analysis of firm specific factors and their impact on capital structure

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

    Author : Filip Chrostek; Bixi Li; [2016]
    Keywords : Capital structure; Leverage; Firm specific factors; Canada; Mining firms;

    Abstract : This paper introduces new evidence on the influence of firm specific determinants on capital structure of Canadian firms. Due to the similarities between the US and Canada, findings from the existing body of literature focused on US firms have been assumed to also hold in a Canadian context. READ MORE

  4. 23. The Effect of Globalization on the Performance of Real Estate Companies: A Post-Mortem of the Great Recession

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Karoline Jostov; [2016]
    Keywords : Openness; Real Estate; Returns; Financial Crisis;

    Abstract : Purpose - The purpose of this paper is to study the effect of openness on the real estate securities' returns on an international sample of 16 countries. Methodology - The paper utilizes 707 publicly traded real estate companies from 16 countries all over the world and is based on panel data to control for the fixed effects of the explanatory variables. READ MORE

  5. 24. It is not what you know, it is who you know

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Hampus Hellermark; Wilhelm Westerman; [2015]
    Keywords : Reputation; Venture Capital; Investment Timing; Post-IPO Performance;

    Abstract : Reputation is widely considered to play an important role in the Venture Capital (VC) industry. This paper examines whether there are any significant positive associations between long-term post-IPO performance and early stage investments from a more reputable VC firm. Our empirical sample consists of 422 VC-backed listed companies in the U.S. READ MORE

  6. 25. Reaping the Size and Value Effects: Controlling for Pure Quality

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : August Hansson; Carl-Henrik Källroos; [2015]
    Keywords : Quality; Size effect; Value effect; Trading strategy; Asset pricing;

    Abstract : We investigate if small and low Market-to-Book firms have higher risk-adjusted returns when controlling for quality. We define quality characteristics as something investors should be willing to pay a higher price for, all else equal. The analysis is based on all common stocks in the Swedish stock market for year 1996- 2014. READ MORE