Essays about: "cumulative return on invested capital"

Found 2 essays containing the words cumulative return on invested capital.

  1. 1. The Swedish Disease - Impact of company spin-offs on firms' operational performance and equity value

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Daniel Espelund; Dumitru Coretchi; [2019]
    Keywords : Spin-off; Nordics; Operating Performance; Public Markets; Sales Growth;

    Abstract : This paper sets out to examine the equity price performance as well as operational performance in both the long- and short-term for Nordic spin-offs. More specifically, the paper evaluates the performance for 110 spin-off entities, both the parent and spun-off company, between the years 1998-2017. READ MORE

  2. 2. Bidder Returns & Operating Performance: - A Study on Relatively Large Acquisitions by Nordic Public Firms

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

    Author : Alexander Hartman; Marcus Lund; [2008]
    Keywords : Cumulative Abnormal Announcement Return - CAR; Cumulative Abnormal Return on Invested Capital - CAROIC; Mergers and Acquisitions - M A;

    Abstract : We analyze the bidder announcement returns and operating performance on relatively large acquisitions undertaken by Nordic public firms during the years 1998-2003. We find bidder announcement returns to have increased by a median 1.46%. Operating performance, on the other hand, has decreased by a median 2. READ MORE