Essays about: "value stock price"

Showing result 16 - 20 of 213 essays containing the words value stock price.

1. 16. Investors’ Value Perception of Green and Brown Bond Issuances

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Eric Werleus; Harald Johansson; [2022]
   Keywords : Green bonds; EU-taxonomy; Event study; Cumulative Abnormal Returns; Business and Economics;

   Abstract : The purpose of this study is to investigate if the equity markets react more positively to the issuance announcement of a green bond compared to the issuance announcement of a brown bond and if the introduction of the EU taxonomy has had an effect on the announcement effects. The study contributes to the existing literature by using an updated sample of 511 bonds from 61 issuers stemming from countries within the EU and testing if investor behavior regarding the announcement effect has changed after introducing the EU taxonomy. READ MORE

3. 17. Discounts, Commitments, and the Attractivity of Rights Offerings: A Swedish Example

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Victor Asp; Alexander Josefsson; [2022]
   Keywords : Seasoned Equity Offering; Rights Issue; Discount; Commitment; Subscription;

   Abstract : 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

4. 18. The Impact of Mergers & Acquisitions on Credit- and Investment risk. : -Evidence from Sweden

   University essay from Linnéuniversitetet/Institutionen för ekonomistyrning och logistik (ELO)

   Author : Casper Dahlberg; Max Lundberg; [2022]
   Keywords : Mergers Acquisitions; M A; Credit Risk; Investment Risk; Default Risk; The Institutional Imperative; Merton’s Distance-to-Default model; Merton’s DD; Value-at-Risk; VaR; Tail risk.;

   Abstract : We examine the impact of Mergers & Acquisitions on credit- and investment risk using a sample of 402 acquisitions by 215 Swedish firms from 2000 to 2020. We find significant evidence that, on average, M&A increases the credit risk and inversely decreases the investment risk of the acquiring firm. READ MORE

5. 19. CAN GOLD SERVE AS A HEDGE AGAINST UNCERTAINTY? : A study on the gold price dynamics and its role as a safe haven asset

   University essay from Umeå universitet/Nationalekonomi

   Author : Nadja Jakobsson; [2022]
   Keywords : ;

   Abstract : Gold’s ability to retain its real value in times of uncertainty and financial turmoil has long been of interest to investors and central banks worldwide. Gold has historically been used as a monetary means due to its store of value and in the early days, gold coins were used as a currency. READ MORE

6. 20. Listed Property Company Valuation

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Marcus Runström; Ludvig Eksandh; [2022]
   Keywords : Listed Swedish property companies; Closed-end fund puzzle; Noise trader model; NAV premium and discount; Property company valuation;

   Abstract : Among stock market participants, the existence and persistence of deviations between a property company's market capitalization and Net Asset Value are well-recognized. This deviation has a clear link to the premiums and discounts to NAV of closed-end funds, which is referred to as the closed-end fund puzzle in financial economics. READ MORE