Essays about: "subscription rights"
Showing result 1 - 5 of 8 essays containing the words subscription rights.
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1. Discounts, Commitments, and the Attractivity of Rights Offerings: A Swedish Example
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : 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
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2. On the Determinants of Underwriting in Swedish Equity Offerings
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : This thesis studies the choice of floatation method using a dataset based on 703 public offerings in Sweden between 2006 and 2017. A logistic model is utilised to study the determinants of underwriting, an ordinary least square model to estimate the direct cost of floatation, and the cost of underwriting is estimated using the Heckman sample selection model. READ MORE
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3. Embedding premium video in social streams
University essay from KTH/Skolan för informations- och kommunikationsteknik (ICT)Abstract : Digital videos are a sequence of bits encoded in a universal recognized format. Bits are easy to copy, duplicate and reproduce. However, certain videos have a very high financial value and therefore the respective owners want to protect them according to the Copyright law, in order to acquire the exclusive rights to publish and to reproduce them. READ MORE
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4. The Role of Prospectuses and Guarantees in Rights Issues
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : Seasoned equity offerings have been found to affect share prices dissimilarly depending on institutional differences. Much research has concerned itself with the choice of disparate flotation methods which seemingly affects firm value, as well as market reactions to SEO announcements. READ MORE
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5. Conflicts of interest during rights issues and private placements in Swedish close companies
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : Our purpose is to provide insight into the displacement of power and conflicts of interest that might appear during rights issues and private placements, primarily in private Swedish close companies. We investigate whether the protection for shareholders is too weak, and analyze whether rights issues and private placements maximize the company value in close companies without contradicting the legal protection every shareholder is entitled to. READ MORE
