Essays about: "types of stock market efficiency"

Showing result 1 - 5 of 8 essays containing the words types of stock market efficiency.

  1. 1. Stock price dynamics of Nordic pharmaceutical firms - An event study of scientific announcements

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Mikael Kozyra; [2019]
    Keywords : Pharmaceutical industry; Scientific announcements; Trading strategy; Market efficiency;

    Abstract : The pharmaceutical industry is characterized by advanced preclinical and clinical scientific research with the utmost goal to develop new drugs that can improve human health. There is currently lack of comprehensive information on how the stock market values different scientific achievements in relation to the development phase of pipeline drugs. READ MORE

  2. 2. The Economic Impacts of M&A Announcements of Non-Software Acquiring firms & Software Target firms : An Event Study Approach

    University essay from Blekinge Tekniska Högskola/Institutionen för industriell ekonomi

    Author : Vincent Lam; [2019]
    Keywords : Economic Impact; Event Study; Market Efficiency; M A Announcement; Prospect Theory;

    Abstract : Background: Mergers and acquisitions (M&A) are two types of corporate takeover strategy, that is widely used for strengthening and maintaining a firm competitive advantage in both domestic and global markets. Where the common motives behind M&A, is to achieve business expansion through synergy, or to acquire an existing external technology/product outside of a firm's own operational territory. READ MORE

  3. 3. Abnormal returns in insider trading - A study on the efficiency of the Swedish stock market and insider trading legislation

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

    Author : Michael Bose; Sebastian di Zazzo; [2017]
    Keywords : Insider trading; Equities; Market efficiency; Event study; Sweden;

    Abstract : The purpose of this paper is to study the efficiency of the Swedish stock market and its insider trading legislation. This is done by measuring both the occurrence and timing of abnormal returns among corporate insiders. READ MORE

  4. 4. Stock Market Reactions to Corporate Misconduct

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Oskar Dackland; Elin Wadelius; [2017]
    Keywords : Event Study; Corporate Misconduct; Market Efficiency; Media Effect;

    Abstract : This thesis examines how a set of outcomes succeeding corporate misconduct impact the abnormal return of the involved firms. Differentiating between receiving punitive fines and negative media attention the effects on stock returns are estimated. READ MORE

  5. 5. From Market Efficiency to Event Study Methodology : An Event Study of Earnings Surprises on Nasdaq OMX Stockholm

    University essay from Mälardalens högskola/Akademin för ekonomi, samhälle och teknik

    Author : Robin Jonsson; Jessica Radeschnig; [2014]
    Keywords : Event Study; Efficient Market Hypothesis; Semi-Strong Market Efficiency; Earnings Surprises Stockholm OMX; Swedish Stock Market; Rank Test;

    Abstract : The analysis of market efficiency helps researchers and investors to better understand the complexities of the financial market. This report tests market efficiency at the semi-strong degree by employing an event study with focus on surprises in quarterly earnings-announcements made by companies that are publicly listed on Nasdaq OMX Stockholm. READ MORE