Essays about: "market determinants of value of the firm"

Showing result 1 - 5 of 15 essays containing the words market determinants of value of the firm.

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. The Valuation of Organization Capital Across Profit and Loss Firms

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

   Author : Edvard Hagman; Viggo Bastigkeit Ericstam; [2022]
   Keywords : intangible capital; organization capital; equity valuation; accounting conservatism; value relevance;

   Abstract : Investments in intangible capital and the frequency of reported losses have increased among firms over the last decades, in turn leading to a deteriorating link between book value of equity, earnings, and equity market values. Existing literature on the valuation of loss firms suggests that the value relevance of book value of equity and earnings is moderated by the extent of knowledge capital among these firms. READ MORE

4. 3. Value Determinants in Seed Stage SaaS Valuation : Main value determinants to consider when conducting a valuation of a seed stage SaaS company

   University essay from KTH/Skolan för industriell teknik och management (ITM)

   Author : Emil Adeli; Daniel Nylund; [2022]
   Keywords : seed stage; valuation; value determinants; start-up; angel investors; venture capital; SaaS; software as a service; value drivers; seed stage; värdering; värdedeterminanter; start-up; ängelinvesterare; venture capital; SaaS; software as a service; värdedrivare;

   Abstract : One of the single biggest challenges for start-ups is to find the necessary funding to achieve growth. Software-as-a-service (SaaS) companies are no different and rely on seed stage investments to build and develop a service in order to acquire paying customers. READ MORE

5. 4. The Hedging Premium

   University essay from Lunds universitet/Företagsekonomiska institutionen

   Author : Jakob Mathiasson; Philip Hausenkamph; [2022]
   Keywords : Risk Management; Hedging; Firm Value; Insider Ownership; Foreign Ownership; Business and Economics;

   Abstract : Seminar Date: 2022-06-01 Course: BUSN79, Degree Project in Accounting and Finance Authors: Jakob Mathiasson & Philip Hausenkamph Examiner: Reda Moursli Key Words: Risk Management, Hedging, Firm Value, Insider Ownership, Foreign Ownership Purpose: The purpose of this paper is to investigate the impact of hedging derivatives on firm valuation in present time, as well as the partial effect of different corporate ownership structures affecting the relationship between hedging and firm value. Methodology: The econometrical approach is based on a random effects model, however also complimented by a fixed effects model. READ MORE

6. 5. Asset growth and the cross-section of stock returns: Evidence from Nordic equity markets

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Joel Wägmark; Fredrik Biesèrt; [2020]
   Keywords : Asset Growth Effect; Asset Growth Anomaly; Investment Factor; Nordics;

   Abstract : We investigate the relationship between firm year-on-year percentage change in total assets and subsequent stock returns in Nordic equity markets. Asset growth rates are strong predictors of future stock returns and hold for firm capitalization. Of particular interest, the asset growth effect is present among large capitalization Nordic stocks. READ MORE