Essays about: "information asymmetry"

Showing result 1 - 5 of 198 essays containing the words information asymmetry.

  1. 1. Do female CEOs pay less for debt? A study on the relationship between CEO gender and cost of debt in Sweden

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

    Author : Sofia Berlin; Mikaela Holtsjö; [2021]
    Keywords : CEO gender; cost of debt; risk behaviour; information asymmetry;

    Abstract : This study examines whether the gender of the CEO impacts the cost of debt in Swedish publicly listed firms, with the aim to examine if lenders approach firms with female and male CEOs differently. We investigate this through a quantitative study where we run OLS regressions on a sample of Swedish publicly listed firms between the years 2010-2019. READ MORE

  2. 2. The Impact of Post-IPO Private Equity Ownership on Company Performance - An Empirical Study on the Nordic Market

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

    Author : Elsa Henriksson; Love Hardeberg; [2021]
    Keywords : Private Equity; IPO; Ownership; Abnormal return; ROA;

    Abstract : This thesis contributes to existing research by examining the unexplored field on how private equity (PE) ownership post-IPO impacts financial performance (abnormal return and ROA). We investigate whether superior performance can be explained by a higher degree of sponsor ownership retention in the listed firm. READ MORE

  3. 3. A study on CEO experience and its effect as a signalling mechanism on IPO underpricing

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

    Author : Hjalmar Sörensen; Isak Muhr; [2021]
    Keywords : CEO experience; IPO underpricing; information asymmetry; signalling theory; corporate governance;

    Abstract : We examine if CEO experience functions as a signalling mechanism in initial public offerings (IPOs), reducing information asymmetry and consequently, IPO underpricing. To investigate this, we perform a multiple OLS regression on a hand-collected sample of 220 IPOs on Nasdaq Stockholm between 1 January 2010 and 15 March 2021. READ MORE

  4. 4. Facilitating Sustainable Investments - How the EU Taxonomy is expected to change the principal-agent relationship between fund managers and retail customers

    University essay from

    Author : Pontus Elmrin; Astrid Johansson; [2020-07-02]
    Keywords : Fund manager; Retail customer; Environmental Sustainability; Sustainability Investments; EU Taxonomy; Capital reallocation; Sustainable Development Goals Agenda; Principal-agent; Greenwashing;

    Abstract : There is currently an information asymmetry on the financial market, which has implications for the practice of greenwashing, hindering the capital allocation towards the Sustainable Development Goals. To fill this information gap, the EU Commission initiated the development of an EU Taxonomy - a standardized classification system to facilitate sustainable investments. READ MORE

  5. 5. Spin-off Impact on Shareholder Wealth: A worldwide study on market reactions to spin-off announcements

    University essay from

    Author : Susanna Hellström; Arvid Landmark; [2020-07-01]
    Keywords : Corporate restructuring; Divestiture; Spin-off; Average cumulative abnormal return; Diversification; Information asymmetry;

    Abstract : This thesis investigate the spin-off wealth effect and its determinant factors for spin-offs announced in the period 2000-2019. The sample is distributed over three regions; Europe, Asia-Pacic, and the US, with 103, 248 and 164 sample transactions, respectively. READ MORE