Essays about: "small-cap"

Showing result 16 - 20 of 102 essays containing the word small-cap.

  1. 16. CEO Ownership and Innovation Investments: Is Shareholding Incentivizing Enough?

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

    Author : Axel Jönsson; Hannes Högmark; [2022]
    Keywords : R D; Innovation; Agency Problems; Corporate Governance; CEO Ownership;

    Abstract : Agency theory suggests that managers may under- or over-invest in R&D depending on whether they see the risks or possibilities investing in it. This study examines how CEO ownership is related to investments made in R&D. READ MORE

  3. 17. Intraday Stock Price Variability Around Quarterly Earnings Announcements: Are markets efficient at interpreting quarterly earnings announcements?

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

    Author : Anton Ljungnér; [2022]
    Keywords : Efficient Market Hypothesis EHM ; Stock price variability; Earnings announcements; Post-earnings-announcement drift; Daily Price Range DPR ;

    Abstract : This study examines the market reactions to earnings announcements and investigates the relationship between market cap segment and stock price variability around quarterly earnings announcements, on the Nasdaq OMX Stockholm main market during the year of 2021. Consistent with theoretical hypothesis, the empirical analysis shows that in the days surrounding an announcement of earnings, the abnormal intraday price ranges are elevated, and the elevated ranges are sustained for up to eight days following an announcement. READ MORE

  4. 18. Is Illiquidity a Good Proxy for Risk? : Can illiquidity have an effect on growth firms' expected return?

    University essay from Linnéuniversitetet/Institutionen för ekonomistyrning och logistik (ELO)

    Author : Vilma Carlberg; Christina Gyllner; [2022]
    Keywords : AILLIQ; ILLIQ; risk; return; capital asset pricing model; liquidity; illiquidity; small-cap; t-test;

    Abstract : As previous researchers have discussed the paradigm of risk and return, this study also suggests illiquidity as a good proxy for risk. An illiquid asset, thus higher risk, should generate high return. READ MORE

  5. 19. The Effect of Conventional Monetary Policy on Stock Market Prices in Sweden : Stock Market Reaction to Announcements of Repo Rate Changes Made by the Swedish Central Bank

    University essay from

    Author : Viktor Davidsson; [2022]
    Keywords : repo rate; monetary policy; asset prices; stock market; policy rate;

    Abstract : The reaction of asset prices to monetary policy is essential for investors andpolicymakers. However, previous research on the area in Sweden is limited, and there isno evidence of any impact on stock market prices from repo rate changes. READ MORE

  6. 20. Board of Director ‘Skin in the Game’ and Firm Performance

    University essay from Göteborgs universitet/Graduate School

    Author : Simon Olsson; Viktor Kvarnlöf; [2021-06-30]
    Keywords : Corporate governance; director ownership; board composition; director independence; director remuneration; OMX Stockholm Small Cap; ownership and performance; panel data;

    Abstract : This paper investigates the relationship between the non-executive directors’ ‘skin in the game’ and firm performance. How to best assure impartial corporate governance to limit the distance between shareholders and management has received much attention over the years. READ MORE