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Showing result 21 - 25 of 98 essays matching the above criteria.

  1. 21. Financial sponsors' impact on IPO underpricing: A comparison between venture capital and private equity investors

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Ebba Kjellberg; Julia Malinowski; [2021]
    Keywords : Initial Public Offering; Venture Capital; Private Equity; Underpricing;

    Abstract : This study examines the difference in underpricing between venture capital- and private equity backed initial public offerings (IPOs). With a sample of 361 IPOs listed on the Nasdaq Nordic main market and Nasdaq Nordic First North Growth Market between January 2011 and December 2020, we show that several firm characteristics and IPO characteristics differ between venture capital backed and private equity backed issuers. READ MORE

  3. 22. The behaviour of retail investors and price discovery in China

    University essay from Göteborgs universitet/Företagsekonomiska institutionen

    Author : Oscar W. Hultman; John-Henrik L. A. von Dahn; [2020-08-21]
    Keywords : ;

    Abstract : China has, in the last decades, seen tremendous economic growth. Retail investors characterize the equity market, and these retail investors, who have a substantial impact on the price discovery in the mainland stock markets of China, are not entirely rational in their financial behaviours. READ MORE

  4. 23. Football Player Acquisitions

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

    Author : William Gjerulf; Mike Pettersson; [2020]
    Keywords : Football and Transfers; Player Purchases; Abnormal Returns; Market Behaviour; Brand Equity;

    Abstract : The previous decade has experienced a large increase in football player transfer fees, more than quadrupling for the top five European Leagues. In light of this development, our the-sis examines the effect on share prices of the top four publicly listed football clubs, follow-ing the announcement of a new player purchase during the period of 2009-2019. READ MORE

  5. 24. Value Relevance of Environmental, Social, and Governance (ESG) Performance: Evidence from the Nordics

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Cheuk Hee Cheung; [2020]
    Keywords : Equity Valuation; Environmental Performance; Social Performance; Governance Performance; Financial Accounting;

    Abstract : This study looks at the value relevance of ESG performance factors in Nordic companies during the period 2014 to 2018. Data are collected from the Resility Nordic Compass Sustainable Economics Datasets, Finbas and S&P Capital IQ. Relationships of market value of Nordic companies and corporate ESG performance are explored. READ MORE

  6. 25. Pricing Conservatism: An Empirical Study on the Value Relevance of Conservative Reserves in Swedish Firms

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

    Author : Jakob Lembke; Viktor Lundberg; [2020]
    Keywords : Abnormal return; Conservative Accounting; Conservative Reserves; Conservative Reserve Ratio; Market Efficiency;

    Abstract : The purpose of this study is to evaluate the financial market's efficiency in respect to conservative accounting. Particularly the study focuses on conservative accounting's influence on the reported return on owners' equity, including the influence of build-ups and realizations of conservative reserves. READ MORE