Sökning: "Rights offerings"

Hittade 3 avhandlingar innehållade orden Rights offerings.

  1. 1. Essays on information asymmetry, disclosures and the financing of R&D. The case of the biotechnology industry

    Författare :Hans Jeppsson; Göteborgs universitet; []
    Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; biotechnology; ; information asymmetry; disclosures; value-relevance; equity market timing; mispricing; adverse selection; monitoring; seasoned equity offerings; rights offerings; private placements; ; alliance;

    Sammanfattning : Investments in research and development (R&D) are an important driver of innovation, productivity and economic growth. Despite the importance of R&D investments to society, it is commonly known that R&D activities are difficult to finance in a competitive marketplace. LÄS MER

  2. 2. Essays on Share Repurchases and Equity Ownership

    Författare :Jonas Råsbrant; Staffan Laestadius; Kenneth Högholm; KTH; []
    Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Share repurchases; Buybacks; Stock performance; Liquidity; Rights offerings; Equity ownership; Portfolio choice; Owner-managers; Stockholm Stock Exchange; NASDAQ OMX Stockholm;

    Sammanfattning : This thesis comprises five empirical essays using Swedish data. Three of the essays examine open market share repurchases, one essay investigates changes in investors’ shareholdings surrounding equity rights offerings (ROs), and the last essay investigates owner-managers’ equity portfolio choices. LÄS MER

  3. 3. Essays in empirical corporate finance and governance

    Författare :Mattias Nilsson; Handelshögskolan i Stockholm; []
    Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES;

    Sammanfattning : Agency Costs of Controlling Minority Shareholders (coauthored with Henrik Cronqvist) estimates the agency costs of controlling minority shareholders (CMSs) using a panel of Swedish listed firms. CMSs are owners who have a control stake of the firm’s votes while owning only a minority fraction of the firm’s equity. LÄS MER