Essays about: "Principal-Agent Problems"

Showing result 1 - 5 of 16 essays containing the words Principal-Agent Problems.

  1. 1. 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

  2. 2. Business-to-Business Market Making on the Internet: A Case for End-of-Life Electric Vehicle Batteries

    University essay from Göteborgs universitet/Graduate School

    Author : Hannes Marten; [2020-07-23]
    Keywords : Electric Vehicle Battery; Repurposing; Second Life; Business-to-Business; Market Making; Marketplace; Principal-Agent Theory; New Market Creation;

    Abstract : Introduction: The ongoing transformation towards emission-free means of transportation goes along with the resource-intensive production and integration of electric vehicle batteries. Despite the environmental potential in decarbonizing the transport sector, electric vehicle batteries lose capacity over time and use and are only usable for transportation purposes until reaching 70 to 80 residual capacity. READ MORE

  3. 3. Capital investments in the presence of tenancy relations : a case study on farmers that lease land from institutional landowners

    University essay from SLU/Dept. of Economics

    Author : Erik Andersson; Eric Larsson; [2019]
    Keywords : tenancy; investments; farmers; farming through tenancy; investments in tenancy; principal-agent; decision-making; bounded rationality;

    Abstract : The agricultural sector is one of the most important industries in Sweden. About 40% of Sweden's agricultural land is leased out, which means that leased farming is a significant part of Swedish agriculture. Since Sweden joined the EU in 1995, the prices of leasing land have almost doubled. READ MORE

  4. 4. Markets in Financial Instruments Directive II - And its effect on the principal-agent relationship within financial advisory

    University essay from Göteborgs universitet/Institutionen för nationalekonomi med statistik

    Author : Sebastian Johansson; Johan Sundén; [2017-06-28]
    Keywords : MiFID II; Financial Advisory; Business Model; Agency Theory; Principal-Agent Problems; Information Asymmetry; Adverse Selection; Moral Hazard;

    Abstract : Through an interview based study this thesis investigates how MiFID II, a new EU directive concerning the European Union’s financial markets, will affect the principal-agent relationship currently present between financial advisors and retail investors. Our sample consist of twelve representatives from Sweden’s major banks, product manufacturers, and consultancy firms, all with a solid understanding of the Swedish financial advisory scene. READ MORE

  5. 5. Assessing Japan’s renewable energy situation: Can the Feed-In Tariff policy and the Energy grid situation constrain the future of renewable energy in Japan?

    University essay from Lunds universitet/Centrum för öst- och sydöstasienstudier

    Author : Slavomir Major; [2017]
    Keywords : Principal-agent Theory; Energy Grid; Feed-in Tariff; Renewable Energy; Solar PV; Wind Energy; Systematic Review; Policy Analysis; Cost-effectiveness analysis; Social Sciences;

    Abstract : This thesis uses the principal-agent theory to analyse two interconnected problems within the Japan’s renewable energy sector, namely the Feed-in Tariff (FIT) policy, and the energy grid issue. Following the Fukushima accident, while the nuclear power plants remained closed, Japan’s renewable energy sector was able to experience enormous growth. READ MORE