Essays about: "Spin off performance"

Showing result 1 - 5 of 11 essays containing the words Spin off performance.

  1. 1. The Swedish Disease - Impact of company spin-offs on firms' operational performance and equity value

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Daniel Espelund; Dumitru Coretchi; [2019]
    Keywords : Spin-off; Nordics; Operating Performance; Public Markets; Sales Growth;

    Abstract : This paper sets out to examine the equity price performance as well as operational performance in both the long- and short-term for Nordic spin-offs. More specifically, the paper evaluates the performance for 110 spin-off entities, both the parent and spun-off company, between the years 1998-2017. READ MORE

  2. 2. A COMPREHENSIVE ANALYSIS OF THE SHAREHOLDER VALUE CREATION FROM SWEDISH SPIN-OFFS

    University essay from Göteborgs universitet/Graduate School

    Author : Niklas Grahn; Johan Särén; [2018-07-04]
    Keywords : Corporate Restructurings; Divestitures; Spin-offs; Abnormal Returns;

    Abstract : MSc in Finance.... READ MORE

  3. 3. Analysis of spin-off long-term performance and effects of dual directorship

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

    Author : Aleksandrs Balzins; Jaanus Lati; [2018]
    Keywords : spin-offs; long-term performance; abnormal returns; dual directorship;

    Abstract : This paper analyses the post spin-off stock performance of 198 European companies from 15 different countries. We calculate monthly abnormal returns over 36 months following the completion of spin-offs over the sample period from 2002 to 2014. READ MORE

  4. 4. Motivation and performance of spin offs

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Guy Spencer; Katharina Ochs; [2018]
    Keywords : Spin off; Europe; Spin off performance; Spin off motivation; Crisis periods;

    Abstract : In this paper we analyse share performance at announcement and in the years following execution, for a sample of 92 parent firms and 103 spun off entities, from 2000 to 2017. We find significant announcement effects, as well as evidence supporting long run outperformance of both the parent and spun off entities. READ MORE

  5. 5. Value creation from spin-offs: European evidence over 1998 - 2015

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Alexandra Claesson; Yaroslava Obertas; [2015]
    Keywords : Spin-off; Demerger; Efficient market;

    Abstract : We investigate the short term and long term abnormal returns of spin-offs over the 1998 - 2015 period by measuring the abnormal returns for parents at announcement and abnormal returns for spin-offs and their parent firms for periods of up to three years following the completion of the spin-off. The research is performed by event study of parent firm return around the announcement of the spin-offs and by benchmark portfolios of parent and subsidiaries against the Fama-French three-factor model. READ MORE