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Found 2 essays matching the above criteria.

1. 1. The Swedish equity market: Anomalies and pricing contributions using portfolio sorting techniques

   University essay from Göteborgs universitet/Graduate School

   Author : Max Hulth; Gustav Nilsson; [2018-07-04]
   Keywords : Asset pricing; Anomalies; Portfolio sorting; CAPM; Fama French three-factor model; Carhart four-factor model;

   Abstract : The Capital Asset Pricing Model (CAPM) is a widely used tool to describe the risk-return relationship for stocks. Several studies focusing on asset pricing have during the last decades indicated that the one-factor model CAPM is associated with limitations to explain the cross-sectional and time variation in expected stock returns. READ MORE

3. 2. What is the optimal capital structure for PS Partner, a private company, in order to maximize the value of the firm?

   University essay from Göteborgs universitet/Företagsekonomiska institutionen

   Author : Max Hulth; Sebastian Börjesson; [2016-06-30]
   Keywords : Optimal capital structure; trade-off theory; financial distress; private company; cost of capital; valuation.;

   Abstract : This thesis is a study aimed to find the optimal capital structure for PS Partner, a private company active within consulting and recruitment. Since financing decisions and structural partitioning between retained earnings, equity and debt will affect the market value and hence the cost of capital, this study focused on estimating parameters to find an optimal leverage ratio for financing and thereby maximize the value of the firm. READ MORE