Essays about: "Underpricing"

Showing result 21 - 25 of 132 essays containing the word Underpricing.

1. 21. Media Coverage and the Swedish IPO Market: A Study on Media Coverage and IPO Underpricing in Sweden

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Jakob Pålsson; Johan Lexner; [2022]
   Keywords : IPO; Media coverage; Underpricing; Individual investors; Information asymmetry;

   Abstract : Using Swedish IPO market data, we analyze how pre-IPO media coverage is associated with the first-day returns for firms going public. We apply a multiple linear regression model to a sample of 266 unique issuers between the period 2010 and 2021. We find that higher media coverage, on average, is associated with higher first-day returns. READ MORE

3. 22. New kid on the block

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Eddie Hagberg; Philip Kristoffersson; [2022]
   Keywords : Sweden; IPOs; Short-Run Performance; Industry Peers; Stock Price Reaction;

   Abstract : We analyze the effect of completed initial public offerings (IPOs) on listed industry peers around the time of an IPO within the same industry, in the Swedish market. Providing evidence that industry peers experience negative stock price reaction, in relation to a comparable index, in the period before the IPO. READ MORE

4. 23. The Performance of Private Equity-backed IPOs in Sweden

   University essay from Uppsala universitet/Företagsekonomiska institutionen

   Author : Jozephine Saers; Alparslan Ugur; [2022]
   Keywords : Initial Public Offering; Underpricing; First day returns; First week returns; Private Equity; Venture Capital; Information Asymmetry;

   Abstract : This thesis examines the initial performance of private equity-backed IPOs in relation to non-private-equity-backed IPOs listed on Nasdaq Stockholm and Nasdaq First North Growth Market during the years 2011-2021. It further measures the effect of independent variables on the return after the first day- and first week of trading as well as if the first day performance impacts the first week performance. READ MORE

5. 24. Valuation of Investment Properties: A Case Study of Gambia Real Estate Companies

   University essay from Umeå universitet/Företagsekonomi

   Author : Ebrima Jammeh; Baba Jammeh; [2022]
   Keywords : ;

   Abstract : Abstract Purpose: The primary purpose of this research is to do an exploratory study on how real estate companies value their investment properties in The Gambia. The study aims also at identifying the different valuation methods and techniques they employ. READ MORE

6. 25. Is Long-Term IPO Performance determined by Underpricing? : Analysis of the international IPO markets between 2009-2019

   University essay from Umeå universitet/Företagsekonomi

   Author : Arjan Kevin Ramak; Felix Fager Burman; [2022]
   Keywords : ;

   Abstract : Chinese legislative boards are heightening regulations to reduce the presence of ‘junk stocks’, as many new offerings sport remarkably high first day returns, but at the same time mediocre long-term performance. The phenomenon where an IPO (Initial Public Offering) is offered at a lower price than its intrinsic value is prominent in finance and business literature. READ MORE