Essays about: "rights offerings"

Showing result 1 - 5 of 18 essays containing the words rights offerings.

1. 1. Announcement Effect of Primary Seasoned Equity Offerings of Common Stock: Evidence from the Swedish Stock Market

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Anna Jóna Reynisdóttir; Guðrún Özurardóttir; [2023]
   Keywords : Seasoned equity offering; Swedish stock market; primary offering; equity issue; financing; increase in share capital; wealth transfer; Business and Economics;

   Abstract : This study investigates the abnormal returns associated with announcements of primary seasoned equity offerings of common stock on the Swedish stock market. It provides a comprehensive discussion on equity offerings and their related theories, in addition to a thorough review of existing empirical research. READ MORE

3. 2. Discounts, Commitments, and the Attractivity of Rights Offerings: A Swedish Example

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Victor Asp; Alexander Josefsson; [2022]
   Keywords : Seasoned Equity Offering; Rights Issue; Discount; Commitment; Subscription;

   Abstract : We examine the effect of discounts, subscription commitments, and underwriting commitments on the ex-post subscription rate of rights offerings, based on a sample of 164 manually collected rights issues from Swedish stock exchanges in the period ranging from January 1, 2020, to December 31, 2021. Our analysis draws on utility and signaling theory, and our findings determine a statistically significant positive effect of the subscription price discount to the theoretical ex-rights price on the ex-post subscription rate variable which we hold as a proxy for rights offering attractivity. READ MORE

4. 3. Raising Capital During a Crisis: An Investigation on Market Reactions to Equity Raises Through Rights Offerings and Private Placements in Public Equity Before and During the Pandemic.

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Nils Mårding; Melker Hübsch; [2022]
   Keywords : Private Placements in Public Equity; Rights Offerings; Market Sentiment; Covid-19; Machine Learning;

   Abstract : This study examines returns following announcement of upcoming private placements and rights offerings, before and during the Covid-19 pandemic, to measure investor preferences in method of equity financing. The results produced did not differ significantly between the time periods. READ MORE

5. 4. Exploring the role of technology in innovative social business models

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

   Author : JULIA HEDE MORTENSEN; [2021]
   Keywords : ;

   Abstract : Business models in all industries are being disrupted by advanced technology (Morrar et al., 2017). This technological shift has the potential to create a more inclusive, global society (Tarik et al., 2020). READ MORE

6. 5. Stock price reactions to Swedish rights offerings: Do investors underreact?

   University essay from Göteborgs universitet/Graduate School

   Author : Maja Andersen Tössebro; Lisa Reenbom; [2018-07-04]
   Keywords : Rights offerings; behavioral finance; stock price performance; drift; underreaction;

   Abstract : This paper studies 527, hand-collected, Swedish rights offerings announced over the period January 2007 to December 2016. The results differ from previous studies on rights offerings announcements on small markets, where we find that the announcement of SEOs lowers the stock price of the issuing firms. READ MORE