Essays about: "buy-and-hold abnormal return BHAR"

Showing result 1 - 5 of 13 essays containing the words buy-and-hold abnormal return BHAR.

  1. 1. Does purchased goodwill create shareholder value?

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

    Author : Philip Eriksson; Edith Wolff; [2023]
    Keywords : purchased goodwill; mergers and acquisitions; long-term performance; industries;

    Abstract : In this paper we examine the relationship between the purchased goodwill proportion (PGP) and the long-term stock performance of US acquirers and how this relationship is moderated by industry classification. Our final sample consists of 676 M&As in the period 2007-2017. READ MORE

  3. 2. The Perception and Impact of Cultural Differences in Cross-Border Acquisitions - An analysis of how cultural differences affect the post-acquisition performance of acquiring companies in cross-border acquisitions

    University essay from Göteborgs universitet/Graduate School

    Author : Adam Lundquist; Sebastian Strömland; [2022-08-18]
    Keywords : Cross-border M A; Cross-border acquisitions; Cultural differences; Cultural distance; Hofstede 6D; M A performance; Cumulative Abnormal Return in M A;

    Abstract : This thesis examines the relationship between cultural differences and the post-acquisition performance of cross-border acquisitions. Cross-border transactions have increased substantially in the last decades which has led to an increase in studies interested in finding key drivers of performance in these transactions. READ MORE

  4. 3. Long-term IPO performance on the Swedish stock market : An event study on Swedish Initial Public Offerings

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

    Author : Filip Lööf; Jakob Åkerlund; [2022]
    Keywords : Initial Public Offerings; IPO; Information asymmetry; Behavioral finance; Long-term performance; Abnormal returns;

    Abstract : Context The number of Initial Public Offerings on the Swedish market has increasedrapidly over the last decade, reporting over 100 IPOs only in 2021. Although theincrease has been extraordinary, the majority of the IPO performance researchhas been conducted on larger markets such as the US, Germany, and China. READ MORE

  5. 4. Patience, a New Variable in the IPO-Puzzle? : A quantitative study on whether an early IPO negatively affects aftermarket performance

    University essay from Umeå universitet/Företagsekonomi

    Author : Viktor Hansson; Viktor Renström; [2022]
    Keywords : Initial Public Offering; Sweden; Aftermarket Performance; BHAR; Monthly Abnormal Return; Private Equity; Long-run Event Study;

    Abstract : The Swedish market has over the past couple of years seen a large increase in companies going public through an IPO. At the same time the capital on the private equity market is increasing for each year which enables companies to stay private longer. Our research focuses on two main areas. READ MORE

  6. 5. SPAC merger vs traditional IPO

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Philip Kellerman; [2022]
    Keywords : SPAC; Event Study; Abnormal Returns; CAR; BHAR; Business and Economics;

    Abstract : Special Purpose Acquisition Companies are surging in popularity as a way for companies to go public. As half of the initial public offerings on US stock exchanges were SPACs in 2021 there seems to be no indication of SPACs slowing down. READ MORE