Essays about: "the functions of stock exchange"
Showing result 1 - 5 of 9 essays containing the words the functions of stock exchange.
-
1. Models explaining the average return on the Stockholm Stock Exchange
University essay from Högskolan i Jönköping/Internationella HandelshögskolanAbstract : Using three different models, we examine the determinants of average stock returns on the Stockholm Stock Exchange during 2012-2016. By using time-series data, we find that a Fama-French three-factor model (directed at capturing size and book-to-market ratio) functions quite well in the Swedish stock market and is able to explain the variation in returns better than the traditional CAPM. READ MORE
-
2. Tone Management and Earnings Management. A UK evidence of abnormal tone in CEO letters and abnormal accruals
University essay from Göteborgs universitet/Graduate SchoolAbstract : Background and Problem Definition: The CEO letter is one significant narrative document through which senior management have opportunity to express beliefs and values to their shareholders. The CEO letter is unregulated in its nature and thereby subject to management opportunism through tone management. READ MORE
-
3. On Statistical Arbitrage: Cointegration and Vector Error-Correction in the Energy Sector
University essay from Uppsala universitet/Statistiska institutionenAbstract : This paper provides methods to select pairs potentially profitable within the frame of statistical arbitrage. We employ a cointegration approach on pairwise combinations of five large energy companies listed on the New York Stock Exchange for the period 27th September 2012 to 22nd April 2014. READ MORE
-
4. Corporate Bond Financing of Real Estate Investments - A currently viable alternative to bank loans in Sweden?
University essay from KTH/Fastigheter och byggandeAbstract : After the recent financial crisis real estate companies in Sweden experienced difficulties obtaining funding for both new projects as well as refinancing of current investments. The situation in the credit market has since then improved but the refinancing problems that real estate companies experienced during this time has made firms aware of this risk and many companies now seek to diversify their funding sources. READ MORE
-
5. Comparison of Macroeconomic Factors Explanatory Power Between Chinese and Swedish Stock Market
University essay from Lunds universitet/Företagsekonomiska institutionenAbstract : In order to seek the difference between Chinese and Swedish stock market, this thesis makes a comparison of explanatory power of macroeconomic factors between the stock markets in respective country. The vector autoregressive (VAR) models are implemented to analyze the relationship among the market returns and macroeconomic variables, i.e. READ MORE