Essays about: "analyst coverage"

Showing result 1 - 5 of 16 essays containing the words analyst coverage.

1. 1. Decoding the Winning Strategy - An in-depth study of Swedish closed-end funds

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Fredrik Stenberg; Markus Albert; [2023]
   Keywords : Closed-end funds; predictability of stock returns; predicting investor targets; active ownership; Business and Economics;

   Abstract : The predictability of stock returns, prediction of buyout targets and value creation by activist owners are well-researched areas. However, Swedish closed-end funds' outstanding performance has received little attention. READ MORE

3. 2. ESG Scores in IPOs: The impact of Board Composition and Ownership Concentration

   University essay from Göteborgs universitet/Graduate School

   Author : Karl Ehrensky; Martin Svensson; [2021-06-24]
   Keywords : ESG; ESG score; board composition; ownership concentration; stakeholder management;

   Abstract : The prevalence of the sustainability agenda and the need for Environmental, Social, and Governance (ESG) issues to be addressed by firms are increasingly characterizing today’s business environment. Creating shareholder wealth while also satisfying the wider base of stakeholders, a strategic management approach that ultimately is affected by the firm’s governance through the composition of the board and the ownership concentration of a firms’ shareholders. READ MORE

4. 3. IFRS 16: A Necessity For Efficient Market Values? An Ex-Post Study On The Valuation Effects Of Recognized Operating Leases

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

   Author : Lucas Aras; Georges Chalami; [2021]
   Keywords : IFRS 16; Operating Leases; Value Relevance; Misvaluation; Residual Income Valuation Model;

   Abstract : This study examines if the adoption of IFRS 16 has resulted in a lower disparity between market values and their intrinsic (true) values in an ex-post setting. With financial statements being an important source of information for the investment decisions of investors, we aim to understand whether the uniform treatment of previously off-balance sheet operating leases following IFRS 16 has facilitated share price information. READ MORE

5. 4. Would You Rather Laugh with the Sinners than Cry with the Saints?

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Gustav Nilsson; Marcus Undén; [2021]
   Keywords : Sin Stocks; Social Norms; SRI; ESG; Institutional Ownership;

   Abstract : This thesis provides new evidence on social norms' impact on capital markets through the lens of the Swedish stock market and sheds new light on ownership structure, analyst coverage, valuation and financing decisions of vice companies - companies involved in sinful industries, including gambling, tobacco and alcohol - as well as its implication for stock returns. We show that sin stocks are neglected by institutions and have lower sell-side analyst coverage, thus sin stocks indicatively face less liquid equity markets than comparable stocks. READ MORE

6. 5. Predicting financial distress using financial and non-financial indicators: Evidence from Chinese listed manufacturing companies

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

   Author : Hanzhe Zhao; Chenjia Tao; [2021]
   Keywords : Financial distress prediction; Financial and non-financial indicators; Logistic regression; Listed manufacturing companies; ST and *ST;

   Abstract : This paper investigates empirically the utility of combining non-financial indicators to financial models with only financial indicators to explain the company financial distress in the Chinese manufacturing industry using a sample of 614 company-year observations of listed companies during the period 2010-2020. This paper develops financial distress prediction models for Chinese listed manufacturing companies. READ MORE