Essays about: "announcement effects"

Showing result 1 - 5 of 83 essays containing the words announcement effects.

  1. 1. The Impact of Spin-offs on Shareholder Value : Evidence from the Swedish Market 1991-2022

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Moa Landing; Gustav Swedenborg; [2023]
    Keywords : Spin-offs; Corporate restructurings; Abnormal returns; Determinants of abnormal returns;

    Abstract : This thesis uses an event study methodology to investigate the short- and long-term effect on shareholder value from Lex ASEA-approved spin-offs' on the Swedish market between 1991-2022. The impact of spin-offs has been examined by estimating the effects on the parent firm, the spun-off entity, and a value-weighted pro-forma entity. READ MORE

  3. 2. Reactions to Profit Warnings at the Stockholm Stock Exchange

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Samuel Hanning; Magne Ottersgård; [2023]
    Keywords : Profit Warnings; Cumulative Abnormal Return; Stockholm Stock Exchange; Event Study;

    Abstract : The aim of this study is to examine how profit warnings affect company valuation on companies listed on the Stockholm Stock Exchange and what factors contribute to the valuation effects. Using an event study approach, we compute the cumulative abnormal returns following profit warnings between 2016 and 2022. READ MORE

  4. 3. The Determinants of Private Placement Discounts and Announcement Effects : Insights from the Stockholm Stock Exchange

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Erik Lönnberg; Mattias Stridh; [2023]
    Keywords : Private equity placements; discounts; announcement effects; monitoring hypothesis; information hypothesis; motivations;

    Abstract : This study examines the determinants of private placement discounts and announcement effects on the Stockholm Stock Exchange between 2014 and 2022. The results show that private placement announcement effects are significantly positive, reinforcing the empirical support for the monitoring hypothesis and information hypotheses. READ MORE

  5. 4. Green Bonds : A study on the signaling effects of issuing green bonds in the Swedish real estate sector

    University essay from KTH/Fastighetsekonomi och finans

    Author : Sophia Solberg; Wilma Olofsson; [2023]
    Keywords : Green bonds; Sustainability; Stock Market Reaction; Signaling Theory; Efficient Market Hypothesis; Real Estate Sector; Gröna Obligationer; Hållbarhet; Marknadsreaktioner; Signaleringsteorin; Effektiv Marknadshypotes; Fastighetssektorn;

    Abstract : Green bonds have rapidly increased in popularity over the past years, and are often seen as afacilitator in achieving the Paris Agreement of limiting global warming to 2°C. The Swedishreal estate sector is one of the most frequent issuers in the Swedish green bond market, as itstands for 49% of the total volume outstanding. READ MORE

  6. 5. Do spin-offs create shareholder value? The Nordic context

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

    Author : Holger Heed; Niklas Blidholm Svensson; [2022]
    Keywords : Corporate restructuring; Spin-off; Announcement effect; Abnormal return;

    Abstract : This thesis investigates the magnitude- and determinant factors of the short-term abnormal returns upon announcing voluntary corporate spin-offs. The sample consists of 88 completed Nordic spin-off transactions, announced between 2001 and 2021. READ MORE