Essays about: "announcement"

Showing result 16 - 20 of 351 essays containing the word announcement.

1. 16. Post Earnings Announcement Drift in the Stockholm Stock Exchange : How pronounced is PEAD on beta, traded volume and sector allocation?

   University essay from Blekinge Tekniska Högskola/Institutionen för industriell ekonomi

   Author : Ramon Nino; Paula Sander Pettersson; [2023]
   Keywords : PEAD; Post Earnings Announcement Drift; Anomalies; Efficient Market Hypothesis; Earnings announcements; beta; volume; sector; price;

   Abstract : Post Earnings Announcement Drift (PEAD) is a market anomaly that challenge the “Efficient Market Hypothesis” (EMH). It was first discovered in 1968 by Ball and Brown. When firms on the stock market have their earnings announcement the stock price will be affected and tend to drift up or down in price for days, weeks or months. READ MORE

3. 17. Announcement Effect of Primary Seasoned Equity Offerings of Common Stock: Evidence from the Swedish Stock Market

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Anna Jóna Reynisdóttir; Guðrún Özurardóttir; [2023]
   Keywords : Seasoned equity offering; Swedish stock market; primary offering; equity issue; financing; increase in share capital; wealth transfer; Business and Economics;

   Abstract : This study investigates the abnormal returns associated with announcements of primary seasoned equity offerings of common stock on the Swedish stock market. It provides a comprehensive discussion on equity offerings and their related theories, in addition to a thorough review of existing empirical research. READ MORE

4. 18. Buck for the Bang? Abnormal Returns in Response to Arms Donation Announcements During the Russo-Ukrainian War

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Adam Dabram; Edvin Dribe; [2023]
   Keywords : Event study; Abnormal returns; Defense industry; Difficult-to-interpret information; Russo-Ukrainian war;

   Abstract : This paper examines defense industry stock market reactions to governmental announcements to donate weapons to Ukraine in response to the Russian invasion 2022. We use daily stock return and donation announcement data and employ event study methodology to establish abnormal returns among a select number of defense industry firms. READ MORE

5. 19. 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

6. 20. Changing Patterns over the FOMC Cycle

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Edvin Holst; Theodor Von Der Esch; [2023]
   Keywords : FOMC; Federal Reserve Board of Governors; Pre-FOMC announcement drift; Macro-announcements;

   Abstract : We document that in the period 2017 to 2022, the US stock market did not feature the same pattern of higher excess stock returns in even weeks following Federal Open Market Committee (FOMC) announcements as in the period 1994 to 2016. We show that timing of Board of Governors meetings and direction of Fed funds target rate movements affect US market returns in both periods, and connect changes in these factors to the distortion of the even-week return pattern. READ MORE