Essays about: "asymmetric information"

Showing result 11 - 15 of 160 essays containing the words asymmetric information.

1. 11. The Impact of Mergers & Acquisitions on Credit- and Investment risk. : -Evidence from Sweden

   University essay from Linnéuniversitetet/Institutionen för ekonomistyrning och logistik (ELO)

   Author : Casper Dahlberg; Max Lundberg; [2022]
   Keywords : Mergers Acquisitions; M A; Credit Risk; Investment Risk; Default Risk; The Institutional Imperative; Merton’s Distance-to-Default model; Merton’s DD; Value-at-Risk; VaR; Tail risk.;

   Abstract : We examine the impact of Mergers & Acquisitions on credit- and investment risk using a sample of 402 acquisitions by 215 Swedish firms from 2000 to 2020. We find significant evidence that, on average, M&A increases the credit risk and inversely decreases the investment risk of the acquiring firm. READ MORE

3. 12. Comparison of impact on stock market volatility by COVID-19 and the 2008 financial crisis

   University essay from Umeå universitet/Nationalekonomi

   Author : Anand Enkhtur; [2022]
   Keywords : ;

   Abstract : The aim of this thesis is to analyse the volatility of 11 sectorial stock return data of S&P 500 Index during the 2008 global financial crisis and the recent COVID-19 global pandemic. S&P 500 is a large stock market index that tracks the performance of 500 companies that are some of the largest in the world. READ MORE

4. 13. Twice the price : An empirical study in procurement of homogenousgoods for Swedish municipalities

   University essay from Linköpings universitet/Nationalekonomi; Linköpings universitet/Filosofiska fakulteten

   Author : Farzam Ebrahimi; Jakob Sunström; [2022]
   Keywords : Procurement; Municipalities; Price discrepancies; Homogenous goods; Opportunism; Transaction Costs; Horizontal Integration; Asymmetric information;

   Abstract : Background: Studies of complex and big-ticket tenders such as construction contracts have been the main research focus of public procurement. The efficiency of these low frequency transactionsis inherently hard to study, since the real world offers a wide range of variables that could explain the discrepancies. READ MORE

5. 14. 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

6. 15. GNSS Safety and Handling

   University essay from Luleå tekniska universitet/Institutionen för system- och rymdteknik

   Author : Axel Björklund; [2022]
   Keywords : Navigation; GNSS; GPS; Galileo; OSNMA; TESLA protocol; SHA-256; jamming; spoofing; SDR; GPS-SDR-SIM; Smart Tachograph; dead reckoning; U-blox; Volvo Group; Volvo FH;

   Abstract : Satellite navigation (such as GPS) has become widely successful and is used by billions of users daily. Accuratepositioning and timing has a wide range of applications and is increasingly being integrated in safety criticalsystems such as autonomous operations, traffic management, navigation for airplanes and other vehicles. READ MORE