Essays about: "calendar time abnormal returns"
Showing result 1 - 5 of 9 essays containing the words calendar time abnormal returns.
-
1. The day-of-the-week effect in Swedish stock returns
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : One implication of the Efficient Market Hypothesis (EMH) is that it is not possible to consistently and over time create abnormal returns without taking on additional risk. However, the hypothesis has become one of the most debated theories in financial economics. READ MORE
-
2. Abnormal Dividend Increases – Do they Signal?
University essay from Lunds universitet/Företagsekonomiska institutionenAbstract : ABSTRACT Title: Abnormal Dividend Increases – Do they Signal? - An assessment of the signaling value in dividend increases which deviate from a firm’s historical dividend policy Seminar date: 2016-06-02 Course: BUSN 89: Degree Project in Corporate and Financial Management – Master Level, 15 University Credit Points (15ECTS) Authors: Fossum Niklas, Fridlund Johan, Skog Magnus Advisor: Håkan Jankensgård Key words: Historical dividend policy, signaling value, abnormal stock returns, earnings levels, regular dividend increases, abnormal dividend increases, Swedish market Purpose: The purpose of this thesis is to examine dividend increases that are large compared to the company’s historical dividend policy. The aim is to try to bring clarity to how this will affect the stock price and the earnings level of the company. READ MORE
-
3. Market reaction to goodwill impairment losses - A study examining the immediate and long-term stock price reactions surrounding and following the announcements of goodwill impairment losses
University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansieringAbstract : Since 2005 goodwill does not disappear from the balance sheet as time passes since it's no longer amortized; instead IFRS require annual impairment tests of goodwill. This paper examines the empirical relation between stock price reactions and reported goodwill impairment losses since the introduction of the new regulatory framework. READ MORE
-
4. Underpricing and Long-Run IPO Performance in Italy, Sweden and United Kingdom: a comparative study from 2006 to 2013
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : In my thesis, I study two IPO anomalies, the underpricing and the long-run underperformance of new listings, from 2006 to 2013, on two peripheral (Sweden and Italy) and on the main European financial market (UK). I also examine the sector specific performances within each market to identify whether some particular industry performed better in one particular market rather than in others. READ MORE
-
5. M&A Success and Economic Cycles: A Survey of European Firms
University essay from Lunds universitet/Företagsekonomiska institutionenAbstract : There is limited research that investigates the relationship between M&A success and market valuation periods. Furthermore existing research deals primarily with the U.S. market. READ MORE
