Essays about: "Spin off performance"

Showing result 6 - 10 of 17 essays containing the words Spin off performance.

1. 6. Wealth effects associated with spin-offs: Empirical evidence from the Nordics

   University essay from Göteborgs universitet/Graduate School

   Author : Robin Abrahamsson; Gustav Berneblad; [2021-06-30]
   Keywords : Spin-offs; wealth effects; cumulative average abnormal return; announcement date; long-run performance; ; efficient market hypothesis;

   Abstract : This study focuses on the abnormal returns associated with spin-offs in the Nordics. The sample consists of 84 completed spin-offs between 2000 and 2020. Similar to the vast majority of previous studies, a significant three-day cumulative average abnormal return around the announcement date is documented, showing abnormal returns of 3.03%. READ MORE

3. 7. 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

4. 8. 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 : This thesis investigates the universe of Swedish tax-exempt Lex ASEA spin-offs since the start of the new millennium from the perspective of short-term and long-term stock price performance. The intention to spin off a subsidiary is viewed positively by investors, represented by a significant increase of the market's valuation of the company's equity by 2. READ MORE

5. 9. 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

6. 10. 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