Essays about: "Neglected stocks"

Showing result 1 - 5 of 7 essays containing the words Neglected stocks.

1. 1. Would You Rather Laugh with the Sinners than Cry with the Saints?

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Gustav Nilsson; Marcus Undén; [2021]
   Keywords : Sin Stocks; Social Norms; SRI; ESG; Institutional Ownership;

   Abstract : This thesis provides new evidence on social norms' impact on capital markets through the lens of the Swedish stock market and sheds new light on ownership structure, analyst coverage, valuation and financing decisions of vice companies - companies involved in sinful industries, including gambling, tobacco and alcohol - as well as its implication for stock returns. We show that sin stocks are neglected by institutions and have lower sell-side analyst coverage, thus sin stocks indicatively face less liquid equity markets than comparable stocks. READ MORE

3. 2. Following the Stream: The Effects of Social Norms on Oil, Gas, and Coal Stocks

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Marcus Gärtner; Sofie Richter; [2020]
   Keywords : Social norms; Institutional ownership; Neglected stocks; Firm value;

   Abstract : In this paper, we provide new evidence on social norms' implications for financial markets by studying U.S. oil, gas, and coal stocks in the period of 2000-2018. READ MORE

4. 3. Should You Sin? Sin Stock Over-performance in the Age of Socially Responsible Investing

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Johan Frisk; Kevin Bomboma; [2019]
   Keywords : Sin stocks; Sin Investing; Socially responsible investing; Social Norms; Neglected Stocks;

   Abstract : This thesis presents evidence that the phenomenon of sin stocks yielding abnormal returns persists until the present day. In contrast to results by Blitz and Fabozzi (2017), we find these abnormal returns to be robust to controlling for the Fama-French factors for profitability and investment. READ MORE

5. 4. The Neglected Stock Effect on Commonality in Liquidity

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Jonas Skilje; [2019]
   Keywords : commonality in liquidity; neglected stock; neglected firm; analyst coverage; liquidity risk;

   Abstract : In this paper, I examine the relationships among commonality in liquidity, institutional ownership and analyst coverage. I find that institutional ownership has a significant positive relationship with liquidity commonality, and analyst coverage provides a significant determinant of institutional ownership. READ MORE

6. 5. Procurement Policy : A Conceptual Design to Optimize Purchasing Policy and Safety Stocks

   University essay from Mälardalens högskola/Akademin för ekonomi, samhälle och teknik

   Author : André Andersson; Erik Molin; [2017]
   Keywords : Economic Order Quantity; gamma distributed demand; inventory management; order-to-order; order-to-stock; Reorder point; safety stock; Ekonomisk orderkvantitet; beställningspunkt; gammadistribuerad efterfråga; säkerhetslager; Order-to-order; Order-to-stock; lagerstyrning;

   Abstract : Study question: How can the process for article classification and procurement be improved in a new implementable inventory policy with the objective to reduce inventory costs. Purpose: The purpose of this degree project is to design a procurement policy which helps to minimize the annual capital tied up in inventory. READ MORE