Essays about: "Nordic IPOs"

Showing result 16 - 20 of 29 essays containing the words Nordic IPOs.

1. 16. The Nordic IPO Puzzle

   University essay from Lunds universitet/Företagsekonomiska institutionen

   Author : Gustav Jakobsson; Filip Jedmo; Daniel Tegmark; [2018]
   Keywords : Long run performance; Nordic Market; BHAR; Number of Issues; IPO; Business and Economics;

   Abstract : Purpose: To evaluate the Nordic IPO markets from an academic perspective taken from an investor's point view. Methodology: Quantitative research Theoretical perspective: Majority of previous research suggest that in the long run newly listed companies underperform comparable companies on the market when comparing changes in stock prices. READ MORE

3. 17. Private Equity Firms’ Exit Decision in the Nordic Market: An Empirical Study on Factors that Influence Private Equity Firms’ Divestment Strategy

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Oscar Johannesson; Jacob King; [2018]
   Keywords : private equity; divestment strategy; secondary buyouts; trade sales; IPOs; Business and Economics;

   Abstract : This paper investigates which factors determine how a private equity-backed fund exits their investment in a portfolio company located in the Nordic markets. A total of 397 Nordic portfolio company private equity exits occurring between January 2005 and December 2017 have been analyzed in this paper. READ MORE

4. 18. Performance of IPOs on the Nordic Market: Factors affecting Nordic IPOs before and after the financial crisis

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Serajelden Aburawi; Leo Dajakaj; [2018]
   Keywords : IPO; First-day return; Long-run performance; BHAR; Private Equity; Venture Capitalist; Business and Economics;

   Abstract : ABSTRACT Title: Performance of IPOs on the Nordic Market Factors affecting Nordic IPOs before and after the financial crisis Course: NEKN02, Economics: Master Essay 1 – Finance Program Authors: Serajelden Aburawi, Leo Dajakaj Advisors: Martin Striebomy, Anders Vilhelmsson Key words: IPO, First-day return, Long-run performance, BHAR, Private Equity, Venture Capitalist Purpose: This study aims to determine if there are any differences in the long-run performance and first-day returns between IPOs on the Nordic market with different ownership structures before and after the financial crisis of 2008. Furthermore, variables from previous studies have been chosen in order to study if they have an impact on the long-run performance of IPOs on the Nordic market Methodology: The collected secondary data was analyzed through a quantitative method with a deductive approach Theoretical perspectives: The previous studies that have been used in this paper have mainly concentrated on the long-run performance and first-day returns of IPOs on the European and US markets. READ MORE

5. 19. Cornerstone Investor Allocation in Initial Public Offerings:Empirical Evidence from the Nordics

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

   Author : Erik Ahl; Shervin Sameni; [2017]
   Keywords : Nordic IPOs; Underpricing; Money left on the table; Cornerstone investors;

   Abstract : The 2014-2016 Nordic hot issue IPO market raised a record SEK 156 billion. 37% of which were raised through the newly emerged mechanism of cornerstone investors, where large portions of new issues are allocated pre-IPO. READ MORE

6. 20. Financial Sponsors: Friend or Foe in an IPO? Earnings management in Nordic initial public offerings

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

   Author : Niki Ngiam; [2017]
   Keywords : Earnings management; IPO; Financial Sponsors; Venture capital; Private equity;

   Abstract : In this study, I examine the extent of earnings management in Nordic initial public offerings ("IPOs") and the impact of third-parties, with emphasis on financial sponsors (private equity, venture capital and family-owned investment companies). In an IPO, insiders have incentives to manipulate earnings in order to maximize the monetary gain when they divest their shares. READ MORE