Essays about: "stock market investors"

Showing result 1 - 5 of 355 essays containing the words stock market investors.

  1. 1. Does skill matter? - A study on the relationship between cornerstone investors and underpricing in the Swedish IPO market

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Sebastian Johansson; Arvid Rosberg; [2021]
    Keywords : IPO underpricing; Cornerstone investors; Cornerstone investor skill;

    Abstract : Swedish IPOs backed by cornerstone investors have increased from 10% of all IPOs in 2014 to 90% of all IPOs in January to September of 2020. Although theories regarding IPO underpricing are well developed, the connection to cornerstone investors has not yet been fully covered in financial research. READ MORE

  2. 2. 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; [2021]
    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

  3. 3. Accelerate your returns? An examination of Earnings Acceleration and a range of other earnings-related stock market anomalies - The Swedish Case

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

    Author : Hugo Karlsson; Majuran Jeganmohan; [2021]
    Keywords : Earnings Acceleration; Stock Market Anomalies; Market Efficiency; Fundamental Analysis; Earnings;

    Abstract : In this study, we aim to explore whether an investor can use earnings acceleration (EA), defined as quarterly change in earnings growth, to construct a viable trading strategy that is able to separate future winners and future losers on the Swedish stock market. Using a sample from 2004 to 2016, we document that a trading strategy that goes long in top decile EA stocks and short in bottom decile EA stocks is unable to generate abnormal returns in both the month- and quarter-long windows. READ MORE

  4. 4. 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

  5. 5. Volatility Curves of Incomplete Markets

    University essay from Göteborgs universitet/Institutionen för matematiska vetenskaper

    Author : Kateryna Chechelnytska; [2020-06-23]
    Keywords : Implied volatility; Incomplete markets; Trinomial option pricing model; Black-Scholes option pricing model; Risk-neutral probability;

    Abstract : The graph of the implied volatility of call options as a function of the strike priceis called volatility curve. If the options market were perfectly described by theBlack-Scholes model, the implied volatility would be independent of the strike priceand thus the volatility curve would be a at horizontal line. READ MORE