Essays about: "event study announcement"

Showing result 1 - 5 of 183 essays containing the words event study announcement.

1. 1. The Impact of Spin-offs on Shareholder Value : Evidence from the Swedish Market 1991-2022

   University essay from Uppsala universitet/Företagsekonomiska institutionen

   Author : Moa Landing; Gustav Swedenborg; [2023]
   Keywords : Spin-offs; Corporate restructurings; Abnormal returns; Determinants of abnormal returns;

   Abstract : This thesis uses an event study methodology to investigate the short- and long-term effect on shareholder value from Lex ASEA-approved spin-offs' on the Swedish market between 1991-2022. The impact of spin-offs has been examined by estimating the effects on the parent firm, the spun-off entity, and a value-weighted pro-forma entity. READ MORE

3. 2. Market reaction to Basel III : An event study on the stock market reaction to the announcement by the Basel Committee on Banking Supervision on December 7th, 2017

   University essay from Jönköping University/Internationella Handelshögskolan

   Author : David Kinch Palvig; Anton Östlund Wessberg; [2023]
   Keywords : Banks; Basel III; Capital regulation; Efficient Market Hypothesis; Event study; Financial leverage; Stock markets;

   Abstract : This paper investigates the impact of Basel III on the valuation of banks in the EEA through an event study of the stock market. It contributes to academic literature by enhancing the study by Bruno, Onali & Schaeck (2018) with another event date after the conclusion of their study. READ MORE

4. 3. The effect of covid-19 announcement on sustainable investment portfolios : Observation of the flight-to-quality phenomenon

   University essay from Jönköping University/Internationella Handelshögskolan

   Author : Vladislovas Urbonavicius; Iulia Chirita; [2023]
   Keywords : Sustainable investment portfolio; ESG; Covid-19; Flight-to-quality; Market Shock; Cryptocurrency; Proof-of-stake; proof-of-work.;

   Abstract : The economic impact of the COVID-19 pandemic is still an ongoing topic, broadly analysed and discussed in many studies. Recent articles state that sustainable assets can offer return volatility resilience during demand shock events and, in some cases, provide higher returns than their unsustainable counterparts. READ MORE

5. 4. The granddaddy of underreaction events: Post-earnings announcement drift and information noisiness on the Swedish market

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

   Author : Sofia Berlin; Gustav Sandelin; [2023]
   Keywords : Post-earnings announcement drift; market efficiency; earnings surprises; information noisiness; stock price synchronicity;

   Abstract : This paper aims to answer the question of whether there is an existence of post-earnings announcement drift on the Swedish stock market and to what extent it can be explained by information noisiness. A sample of publicly listed firms on the Swedish stock market from 2002 to 2019 is used and the research design includes four different approaches to estimating earnings surprises which is a crucial step in investigating PEAD. READ MORE

6. 5. Credible Engagements or Empty Promises? A Study of Investors' Reactions to Commitment to the Science-Based Target Initiative

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Theodor Minnhagen; Alexander Stenberg; [2023]
   Keywords : Sustainability; ESG; Science-Based Targets Initiative; Event Study; Abnormal Returns;

   Abstract : This paper seeks to explore the short-term financial implications of a commitment to the Science-Based Targets Initiative (SBTi), a previously sparsely researched topic in financial literature. By employing an event study methodology, the findings point towards a non-conclusive link between a commitment to the SBTi and abnormal returns around the date of commitment. READ MORE