School of Business, Economics and Law / Handelshögskolan: Recent submissions
Visas titlar 41-60 av 135
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Hidden Values or Synergy Effects? What the Market Does Not See
(2021-06-30)The subject of bid premiums for public buyouts has been researched repeatedly as the premium itself can be hard to fully derive and could greatly affect both the acquirer and other investors involved. This thesis examines ... -
Does size have an impact on Nordic Hedge Funds Performance?
(2021-06-30)The paper examines the potential relationship between hedge fund’s size of assets under management and performance in the Nordic countries. We employ a modified version of the Fung and Hsieh’s seven-factor model to estimate ... -
"Hållbarhet och Kapitalkostnad" - en studie på den svenska aktiemarknaden
(2021-06-29)This research paper investigates the relationship between the components of the ESG-score and the firm's cost of capital. The study is conducted on the Swedish stock market and includes all Swedish companies listed on the ... -
Professionella svenska investerares värderingsmetoder för nordiska noterade medicinteknikbolag
(2021-06-28)The purpose of this thesis is to study Swedish professional investors and their valuation methods for listed nordic medical technology (medtech) companies. Theories such as the Effective Market Hypothesis (EMH), Institutional ... -
What is the optimal way of choosing projects within complex decision-making?
(2021-06-28)This essay has investigated Analytical Hierarchy Process (AHP) and whether it has potential to be used as an algorithm within the project selection process. The aim of the study has been to highlight the most important ... -
R&D Expenditures and Subsequent Market Performance
(2021-06-28)Currently, research on companies' market return following investments in research and development has been performed predominantly in the U.S. The objective of this research is, therefore, to examine the relationship between ... -
Riskjusterad avkastning på företagsobligationer: Kan investerare ta bättre beslut genom att titta på ESG?
(2021-06-28)The increased competition among fund managers to generate attractive returns challenge them to find new tools to improve their financial performance. One of the most efficient methods is to utilize better information in ... -
Abnormal returns for IPOs on the Swedish stock exchange
(2021-06-28)We examine the occurrence of underpricing and short-term performance of a sample of 216 Swedish IPOs between 2017-2021. The theories used are the Efficient Market Hypothesis, Underpricing, Information asymmetry which ... -
Market Valuation of Growth in ESG Companies
(2021-06-28)The increased interest in sustainability among investors has raised questions regarding the fundamentals of the valuation for sustainable companies, often called ESG companies. This thesis researches the market valuation ... -
The influence of EPS and DPS on share price movements in Nordic tenbaggers
(2021-06-28)This study investigates the influence of earnings per share (EPS) and dividend per share (DPS) on the share price movements of tenbaggers in the Nordic region. The term tenbagger was first coined by the famous investor ... -
Januarieffekten på Stockholmsbörsen
(2021-06-28)This report aims to investigate whether the January-effect is present at the swedish stock market and if the introduction of the investeringssparkonto has reduced the effect. Previous research on the January-effect is ... -
ESG and Bond Performance: Evidence from the Nordic
(2021-06-23)This study examines whether corporate ESG performance has an effect on bond performance in the Nordic countries. There are two main theoretical views regarding ESG investments which are risk mitigation and resource depletion. ... -
Principal Component Analysis and the Cross-Sectional Variation of Returns
(2021-06-23)We utilize Principal Component Analysis (PCA), a dimensionality reduction technique, on a set of 142 risk factors, including macroeconomic factors, proposed in financial literature to construct factor models with high ... -
Mandatory ESG Disclosure and its Effect on Firm Performance
(2021-06-23)With the intention to reach a more sustainable future, the EU implemented Directive 2014/95/EU in 2014, mandating large and public firms to start disclosing ESG information. The resulting changes are however first ... -
En analys i prestation och aktiv förvaltning mellan svenska large- och small-cap fonde
(2021-06-23)The aim of this thesis is to explore whether there is a significant difference between Swedish large- and small-cap mutual funds. The study will examine each fund’s performance compared to one another. To investigate the ... -
Closing the value gap: An Empirical Analysis of Cevian Capital’s Activism in Europe
(2021-06-23)This paper analyses the short- and long-term impact of Cevian Capitals activist investments on 16 public companies in Europe during 2010-2019. Cevian Capital is the largest activist hedge fund in Europe and is characterized ... -
”I slutändan handlar det om avkastning” - En intervjustudie om hur EU-taxonomin påverkar fondförvaltares investeringsbeslut
(2021-06-23)The EU taxonomy is gradually being implemented by companies and fund managers. The taxonomy aims to provide a clear description of the concept of "sustainability" and thus counteract false sustainability marketing, otherwise ... -
Venture Capital-backing pre-IPO and Long-run Stock Performance
(2021-06-22)This study aims to examine the effects that venture capital-backing has on companies that recently went public. The study examines three specific parts; a general stock return increasing signal of venture capital-backing, ... -
Does reporting on involvement in poverty alleviation affect the cost of equity? - Empirical evidence based on listed companies in Sweden
(2021-01-28)The aim of this thesis is to conclude whether there is a difference in the effect on the cost of equity between companies involved in targeted poverty alleviation and companies that are not involved. Previous research ... -
Corporate Social Responsibility and the Equity Markets: A quantitative analysis
(2020-11-12)The purpose of this thesis is to examine the relationship between Corporate Social Responsibility (CSR) disclosure and equity prices in the financial markets. An event study combined with a textual analysis is used to ...