Essays about: "Public market equivalent"

Showing result 6 - 10 of 14 essays containing the words Public market equivalent.

  1. 6. Adoption intention towards e-kronan - An exploratory mixed-methods study of the Swedish public

    University essay from Handelshögskolan i Stockholm/Institutionen för marknadsföring och strategi

    Author : Herman Ohlsson; Simone Färdow; [2019]
    Keywords : CBDC; e-kronan; Adoption intention; TPB; TAM;

    Abstract : Sweden is quickly heading towards becoming the first-ever cashless society. Partially fuelled by a payment market evolving at a staggering rate, along with shifted consumer trends towards newly introduced digital service suppliers Swish, iZettle and Klarna to name a few (Berg, 2017). READ MORE

  2. 7. The Cyclicality of Returns for Private Equity Funds

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Desislava Zlateva; Fredrik Persson; [2018]
    Keywords : Private Equity; Venture Capital; Performance; Investment Period;

    Abstract : This paper aims to empirically test whether European Private Equity investments made at the end of the investment cycle underperform with respect to investments made earlier in the cycle. A theoretical model suggesting the occurrence of such a behavior, due to the structure of the fees paid to the general partners is suggested by Axelsson, Strömberg and Weisbach (2009). READ MORE

  3. 8. Nordic Private Equity Performance - Do Nordic Private Equity funds outperform public markets, and how do they compare to their global counterparts?

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Michael Wielondek; Daniel Espelund; [2018]
    Keywords : Private Equity; Nordic; Performance; PME; TWR;

    Abstract : This paper sets out to examine the cross-sectional performance of Nordic Private Equity funds. More specifically, the paper aims to evaluate the performance of the buyout and venture capital funds with vintages 1994-2012, and assess it in relation to relevant benchmarks in order to appraise the value creation potential as compared to public markets, and global competitors within the field. READ MORE

  4. 9. Evaluating Private Equity Returns from the Investor Perspective - are Limited Partners Getting Carried Away?

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Julia Hederstierna; Richard Sabrie; [2017]
    Keywords : Private Equity; Performance; PME; Public Markets; Direct Alpha;

    Abstract : In this study, we evaluate the performance of close to 900 buyout and venture capital funds from 1979 to 2008. Returns are measured using traditional performance measures, the internal rate of return and the investment multiple, as well as four different Public Market Equivalent measures, which compares private equity fund returns to the returns of corresponding investments in a publicly traded index. READ MORE

  5. 10. The Impact of Public Policies on Skill Mismatch : cross-country analysis in OECD economies

    University essay from KTH/Industriell ekonomi och organisation (Inst.)

    Author : Arthur-Alexandre Mauriès; [2016]
    Keywords : skill mismatch; public policies; OECD countries; Programme for the International Assessment of Adult Competencies;

    Abstract : Governments aim at reducing skill mismatch because of the adverse effects that it can trigger at the individual and firm level as well as at the country level. Skill mismatch has been defined as a persistent phenomenon with long lasting cross-country differences (Mavromaras et al., 2013). READ MORE