Essays about: "Sofia Sjerling"

Found 2 essays containing the words Sofia Sjerling.

1. 1. Seasoned Equity Offerings: The Market Reaction to the Disclosure of Intended Use of Proceeds - Evidence from Sweden

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Sofia Sjerling; Luba Wiander; [2019]
   Keywords : Event Study; Seasoned Equity Offering; Use of Proceeds; Agency Issues; Information Asymmetry;

   Abstract : Using a hand-collected sample of 228 Seasoned Equity Offerings (SEOs) on the Swedish market between 2010 and 2019, we investigate the effect of the disclosure of intended use of proceeds on share price at announcement, distinguishing between firms raising money for investment purposes, refinancing purposes and general corporate purposes. Previous literature on the intended use of proceeds in SEOs finds that the market reacts less negatively to motives for investment in the disclosure. READ MORE

3. 2. The 2008 Financial Crisis Impact on Capital Structures Within the Shipping Industry

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Sofia Sjerling; Emma Rydén; [2017]
   Keywords : Capital Structure; Shipping; Trade-off; Pecking Order; Financial Crisis;

   Abstract : The shipping industry has traditionally relied on bank loans as a source of financing but the Great Recession resulted in many banks having to exit the market. This study investigates the impact of the 2008 Financial Crisis on the determinants of capital structures within the shipping industry and how this can be explained by established financial theories. READ MORE