Essays about: "Moral hazard"

Showing result 11 - 15 of 64 essays containing the words Moral hazard.

  1. 11. Private Equity & Pets: A study on the effects of Private Equity entry on the Swedish veterinary care market for companion animals

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi; Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Ragnar Broström; Lukas Bergman; [2019]
    Keywords : Private Equity; Veterinary Care; Market Consolidation; Supplier Induced Demand; Moral Hazard;

    Abstract : Investigating changes in veterinary care prices in Sweden resulting from the entry of private equity owned clinics and market consolidation. The study uses panel data between 2005 and mid-2016 on veterinary charges for insured dogs to measure the extent to which the growth in price on veterinary services have changed on a per episode basis, meaning the collective series of treatments, for a specific diagnosis of a dog. READ MORE

  2. 12. Payment Schemes based on Seed Quality - Incentives for the Swedish farmer

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Andreas Schroeder; [2019]
    Keywords : incentives; seed quality; moral hazard; payment scheme; Business and Economics;

    Abstract : Payment and bonus schemes based on seed quality used by the Swedish agriculture cooperative Lantmännen is evaluated. Results from a farm and region/time fixed effect model show that the linear payment scheme for pulses (peas and beans) has approximately 15 percentage points lower quality compared to that used for grains when a common quality measure constructed for this research is used. READ MORE

  3. 13. Retention of Equity: Can It Mitigate the Hidden Costs in Initial Public Offerings?

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Sara Engström; Maja Ängerud; [2019]
    Keywords : IPO; Lockup Agreement; Long-Term Performance; Moral Hazard; Asymmetric Information;

    Abstract : It has been argued that the reason to include lockup agreements when going public is to alleviate the inefficiencies inherent to the IPO market. The hidden costs of asymmetric information and moral hazard have been proposed as the driver of the lockup length as well as the reason for the poor long-term performance of IPOs. READ MORE

  4. 14. Playing the Game - A Study of Budgetary Gamesmanship within Financial Planning Processes.

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Samuel Drummond-Brown; Sonja Sófusdóttir; [2018]
    Keywords : Budgeting; Gamesmanship; Budget Gaming; Financial Planning; Information Asymmetry.; Business and Economics;

    Abstract : Purpose: The purpose of this research is to look into different financial planning processes and approaches and see whether gaming behavior is more predominant in one financial planning process or approach over the other as theory suggests. Additionally, the research aims to identify whether performance measures directly tied to financial planning targets are evident and whether this could be the root cause of the continuous gaming behaviors, despite the various new budgeting alternatives and approaches introduced which aim to reduce them. READ MORE

  5. 15. To what degree is the VIX benchmark computed by CBOE representative of its definition?

    University essay from Lunds universitet/Matematisk statistik

    Author : Patrik Liedbeck; Wilhlem Ålander; [2018]
    Keywords : Mathematics and Statistics;

    Abstract : The purpose of this paper is through an empirical approach understand the dynamics of VIX and investigate to what degree the benchmark computed by CBOE is representative of its definition. The method implemented is of a design where one constructs a hypothetical world in which synthetic options data are produced by the Bates-Heston model. READ MORE