Essays about: "Price pressure hypothesis"

Showing result 1 - 5 of 15 essays containing the words Price pressure hypothesis.

  1. 1. Announcement Effect of Primary Seasoned Equity Offerings of Common Stock: Evidence from the Swedish Stock Market

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Anna Jóna Reynisdóttir; Guðrún Özurardóttir; [2023]
    Keywords : Seasoned equity offering; Swedish stock market; primary offering; equity issue; financing; increase in share capital; wealth transfer; Business and Economics;

    Abstract : This study investigates the abnormal returns associated with announcements of primary seasoned equity offerings of common stock on the Swedish stock market. It provides a comprehensive discussion on equity offerings and their related theories, in addition to a thorough review of existing empirical research. READ MORE

  3. 2. The Pricing of Green Bonds at Issuance : Is There Underpricing or a "Greenium"?

    University essay from Jönköping University/IHH, Företagsekonomi

    Author : Kristin Löffler; [2022]
    Keywords : green bonds; greenium; underpricing; signaling hypothesis; price pressure hypothesis; information-compensation hypothesis;

    Abstract : This paper examines if green bonds incur underpricing or overpricing, that is, have a "greenium", at issuance. Using a global sample of 830 liquid green bonds priced between March 20, 2012 and March 24, 2022, this study estimates an empirical model of the initial returns through ordinary least squares and quantile regressions. READ MORE

  4. 3. Stock price reactions to analysts’ recommendations. Do analysts make a valuable contribution to price discovery?

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Andri Jónsson; Oskar Nilsson; [2021]
    Keywords : Stock recommendations; Efficient market hypothesis; Information hypothesis; Price pressure hypothesis; Cumulative abnormal returns; Business and Economics;

    Abstract : The aim of this thesis was to investigate if stock recommendations published by financial analysts make a valuable contribution to price discovery on the Swedish stock market. This was achieved by examining the abnormal returns for two time windows, the surrounding days of published recommendations and the next two weeks after publication. READ MORE

  5. 4. Center of Attention - A Study of Retail Investor Attention and IPO Performance in Sweden

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Daniel Mattisson; Jacob Molin; [2020]
    Keywords : ipo; underpricing; price-pressure; search data; retail investor attention;

    Abstract : We test an attention-induced price-pressure hypothesis on Swedish data by replicating and extending the methodology of Da, Engelberg and Gao (2011). Using a sample of 233 IPOs on Nasdaq Stockholm and First North from 2004 to 2019, we examine the relationship between retail investor attention, proxied by Google search data, and IPO performance. READ MORE

  6. 5. Market Reactions to Stock Recommendations in Business Media: An Event Study on Publications by Börsplus

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

    Author : Lucas Häggström; [2020]
    Keywords : Efficient Market Hypothesis; Price Pressure Hypothesis; Information Hypothesis; Business Media; Stock Recommendations;

    Abstract : The aim of this thesis was to further the understanding of how business media affects stock markets. That was achieved by studying market reactions to the publication of stock recommendations by Börsplus on the Swedish stock market during the minutes and days following the publication of the recommendations. READ MORE