Essays about: "distressed firms"
Showing result 1 - 5 of 17 essays containing the words distressed firms.
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1. Can Machine Be a Good Stock Picker?: Bridging the Gap between Fundamental Data and Machine Learning
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : We investigate the efficacy of historical accounting data and consensus forecasts for relative valuation of stocks, employing tree-based machine learning methods. We run an XGBoost model for monthly cross-sections of financial and pricing data of US equities from 1984 to 2021. READ MORE
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2. Delving into the acquisitive nature of distressed firms
University essay from Lunds universitet/Företagsekonomiska institutionenAbstract : After observing cases of financially distressed firms engaging in diversifying acquisitions, the motivation for this thesis was found. The purpose of this thesis is to investigate the role played by diversification through cross-border and/or cross-industry acquisition in change in financial distress of the acquirer. READ MORE
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3. Accounting manipulation : analyzing corporate subsidy recipients during the covid-19 pandemic
University essay from Uppsala universitet/Företagsekonomiska institutionenAbstract : In response to the reported increase in accounting crime and suspected fraud in conjunction with the adjustment subsidies initialized during the covid-19 pandemic of 2020, we conducted a study examining accounting manipulation. Based on an explanatory theory for fraud, the Fraud Triangle, we theorize that the financial circumstances that companies experienced during the pandemic and the government subsidies created an environment where accounting manipulation could occur. READ MORE
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4. Restating the Obvious - Accounting Restatements: Evidence from Swedish Private Firms
University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansieringAbstract : ACCOUNTING RESTATEMENTS as a phenomenon has increased in financial reporting over the last decades. Although there is ample research on listed firm restatements, existing literature has largely overlooked private firms. Thus, the purpose of this study is to examine what types of firms restate and why firms restate in a Swedish private setting. READ MORE
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5. Debt Structure and Corporate Performance During the Covid-19 Crisis
University essay from Lunds universitet/Företagsekonomiska institutionenAbstract : This paper examines the effects of public and bank debt financing on firm performance in emerging markets. Using data on 742 publicly traded firms from the BRIC countries, it is documented that bank debt may have a positive effect on operating performance of a firm. READ MORE