Essays about: "Richard Riboe"

Found 2 essays containing the words Richard Riboe.

1. 1. Investment Uncertainty, Liquidity Supply, and Pairs Trading Profitability

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Björn Beckman; Richard Riboe; [2013]
   Keywords : Pairs trading; Statistical arbitrage; Liquidity; Behavioral bias; Valuation uncertainty;

   Abstract : In this paper, we examine a pairs trading strategy that speculates on the price-level divergence and convergence of paired stocks with similar risk-return characteristics. We explore whether time-variation in pairs trading returns is related to fluctuations in liquidity supply and investment uncertainty. READ MORE

3. 2. Does a Local Advantage Exist in Private Equity?

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Christoffer Norman; Richard Riboe; [2011]
   Keywords : Home bias; Leveraged buyouts; Local advantage; Informational advantage; Private equity;

   Abstract : We hypothesize that informational advantages, network advantages and reputational incentives allow local private equity investors to outperform non-local private equity investors in improving the operating performance of their holdings. To test the validity of this hypothesis, we apply both an event study and a difference-in-differences method to analyze data from the annual accounts of 91 Scandinavian target companies acquired by private equity investors between 1998 and 2009. READ MORE