Essays about: "announcement effect"

Showing result 21 - 25 of 138 essays containing the words announcement effect.

  1. 21. The Effects of CBAM on Russian Exports

    University essay from Lunds universitet/Ekonomisk-historiska institutionen

    Author : Mykola Rozhko; [2022]
    Keywords : Carbon Border Adjustment Mechanism; EU ETS; carbon leakage; Russia; Business and Economics;

    Abstract : In 2021, the EU announced the introduction of a carbon border adjustment mechanism (CBAM) to address the carbon leakage problem, which hampers its efforts to mitigate climate change. One of the CBAM requirements is that if an export party can provide that it paid for used carbon domestically, the corresponding amount will be deducted from the EU importers. READ MORE

  3. 22. How Press Conferences and their Sentiment Affected Stock Market Volume and Returns during Covid-19

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi; Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Gustav Ring; Zacharias Veiksaar; [2022]
    Keywords : Sentiment; Volume; Returns; Covid; Public Announcement;

    Abstract : This paper investigates how press conferences held by the Public Health Agency of Sweden and their sentiment affected trading volume and returns on Nordic stock markets during the Covid-19 pandemic. We show that the occurrence of a press conference significantly increased trading volume and caused a negative pressure on returns in Sweden, Norway, and Denmark. READ MORE

  4. 23. The Cushion-Effect of ESG: Evidence from domestic and cross-border deals between 2008 and 2020

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Tim Wasik; Filip Bolling; [2022]
    Keywords : Mergers and Acquisitions; ESG; CSR; Cross-border; Cumulative abnormal return.; Business and Economics;

    Abstract : Purpose: This study investigates the short-term return around the announcement of domestic and cross-border M&A deals, completed by US firms between 2008 and 2020 and how they are affected by the acquiring firm's CSR performance. Methodology: An event study is conducted to establish the short-term return, using the market model to calculate the cumulative abnormal return (CAR) in relation to a market index. READ MORE

  5. 24. Return of the SPAC

    University essay from Göteborgs universitet/Graduate School

    Author : Joakim Nilsson; Philip Svensson; [2021-06-30]
    Keywords : SPAC; Efficient Market Hypothesis; Market anomalies; Event study; Incomplete information JEL;

    Abstract : Past empirical research on Special Purpose Acquisition Companies has demonstrated long-term negative returns following the merger due to the flawed structure, mainly attributed to incomplete information. This paper examines the return of SPACs in the short-term surrounding two events: target deal announcement and merger completion. READ MORE

  6. 25. The Effect of Credit Rating Announcements on the GICS Market Sectors

    University essay from Göteborgs universitet/Graduate School

    Author : Karl Rohlén; Tobias Rosén; [2021-06-30]
    Keywords : Abnormal returns; Rating Announcements; Credit Rating Changes; Credit Outlooks; Credit Reviews; Standard Poor’s; Moody’s;

    Abstract : The purpose of this paper is to test the effect on the GICS sectors stock returns found on the S&P 500 from credit rating announcements provided by Standard & Poor’s and Moody’s through an event study spanning from 2000 to 2019. We find that the GICS sectors exhibit different effects in stock returns, where the magnitude depends on the rating announcement. READ MORE