Essays about: "underprissättning"

Found 4 essays containing the word underprissättning.

  1. 1. Underpricing of Venture Capital-Backed IPOs

    University essay from

    Author : Oskar Hjern; Marko Stankovic; [2020-06-29]
    Keywords : Venture Capital; Venture Capital-backed; Venture Capital-exit; IPO; Initial Public Offering; Underpricing; Nordic Stock Market;

    Abstract : This thesis researched the effect of Venture Capital ownership on underpricing in IPOs. We conducted OLS-regressions on two data samples consisting of IPOs in the Nordics between 2009 and 2019. Two samples were collected, consisting of 504 IPOs, of which 50 were Venture Capital-backed. READ MORE

  3. 2. IPO Underpricing on small- and microcap companies : A study of first-day returns on Spotlight Stock Market

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Tim Jörnhammar; Dyar Allaf; [2020]
    Keywords : Initial Public Offerings; IPO underpricing; Spotlight Stock Market; IPO influencing factors; multiple regression model;

    Abstract : Historical evidence suggests that initial public offerings (IPOs), on average, are priced below their intrinsic value. In this paper, we investigate the magnitude of IPO underpricing on small- and microcap companies listed on the stock exchange Spotlight Stock Market, over the period 2012–2019. READ MORE

  4. 3. The Information Content of Prices : A study on differences between integer and non-integer initial public offerings

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Hugo Brinkfält; Johan Kull Tinnerholm; [2019]
    Keywords : Initial Public Offering; Integer Pricing; Negotiation Hypothesis; Information Content of Prices; Underpricing; Initial Return; Decimalization; börsnotering; heltalsprissättning; prisers informationsinnehåll; underprissättning; initial avkastning; decimalisering;

    Abstract : The purpose of this thesis is to analyze differences between IPOs with integer (e.g. $20,00) and non-integer (e.g. READ MORE

  5. 4. IPO Underpricing – Can it be predicted? : A quantitative research study of Swedish IPOs 1997-2011

    University essay from IHH, Företagsekonomi

    Author : Jakob Westgren; Markus Sandsjö; [2012]
    Keywords : Initial Public Offering; IPO; IPO Underpricing; Corporate Finance; Stock Offer Price; Ownership Retention; Operating Cash Flow; Börsintroduktion; IPO; IPO Underprissättning; Finansiell Ekonomi; Aktiepris; Ägarandel efter IPO; Operativt Kassaflöde;

    Abstract : When a company sells shares of their business to the public for the first time, it is called an Initial Public Offering, IPO. The IPO is usually conducted by the issuing firm to raise capital for their future growth. Before the IPO the information about the issuing company is often limited and the investment in an IPO is associated with risks. READ MORE