Essays about: "Overvaluation"

Showing result 1 - 5 of 28 essays containing the word Overvaluation.

1. 1. Venture Capital-backing pre-IPO and Long-run Stock Performance

   University essay from

   Author : Björn Jakobsson; Viking Johansson; [2021-06-22]
   Keywords : venture capital backing; initial public offering; long-run stock performance; signaling theory;

   Abstract : This study aims to examine the effects that venture capital-backing has on companies that recently went public. The study examines three specific parts; a general stock return increasing signal of venture capital-backing, whether company characteristics affect the relationship between venture capital-backing and stock returns, and venture capital-backing in two specific industries. READ MORE

3. 2. Momentum in ESG Indexes : A study on the passive capital flows effect on ESG stock prices

   University essay from Umeå universitet/Företagsekonomi

   Author : Levin Heger; Lisa Åkerman; [2021]
   Keywords : ESG; Momentum; Passive Investments; Index investments; ETFs; Sustainable Finance; Price-to-earnings; Overvaluation; Herd Investing;

   Abstract : The aim with this thesis is to investigate whether increased capital flows to ESG screened indexes create higher price-to-earnings (P/E) ratios and momentum in the included stocks during the chosen time period of three years, from 2018 to 2020. The thesis will evaluate the capital flows to ESG indexes and compare both performance and P/E ratios between those and their corresponding Mother indexes. READ MORE

4. 3. Deal or No Deal - How Overvaluation and Governance Problems Drive Stock-Financed Acquisitions

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Fabian Schimpf; Larissa Vogt; [2021]
   Keywords : Mergers and Acquisitions; Method of Payment; Stock Overvaluation; Corporate Governance; Shareholder Protection;

   Abstract : Theory suggests that overvalued firms can create value for their shareholders by exploiting their overvaluation to purchase less overvalued firms through stock-financed acquisitions. Recent evidence from the US indicates that these companies often fail to do so by significantly overpaying for their targets and destroying shareholder value in the long run. READ MORE

5. 4. Nordic IPOs and Private Equity affiliation

   University essay from Lunds universitet/Företagsekonomiska institutionen

   Author : Rasmus Selin; Sebastian Wigartz; [2020]
   Keywords : Initial Public Offering; Private Equity; Nordic market; After-market performance; Business and Economics;

   Abstract : Using a sample of 250 Nordic IPOs, consisting of private equity-backed (PE) and non-backed (NB) issues from January 2010 to March 2017, this paper examines the long-term performance of IPOs in the Nordic market. We compare and contrast the after-market performance of PE-backed IPOs to NB IPOs in an event study regime. READ MORE

6. 5. Overconfidence among Swedish private investors : A regression study between the overconfidence behaviour among Swedish private investors and demographic factors.

   University essay from Jönköping University/Internationella Handelshögskolan

   Author : Anna Gustavsson; Emma Svenler; [2020]
   Keywords : Behavioural finance; Overconfidence; Overconfident investors; Demographic factors; Beteende finans; övertro; privata investerare; demografiska faktorer;

   Abstract : Background: For the past 30 years, the neoclassical finance has been questioned bybehavioural finance. The main difference is behavioural finance ́s ability to explain a behaviour that deviate from rationality. One of the major biases within behavioural finance is overconfidence. READ MORE