Browsing by Author "Lundberg, Gustav"
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Option trading and firm innovation
Lundberg, Gustav; Nagy, Leon (2019-07-02)We investigate whether active derivatives markets stimulates or inhibits firm innovation within R&D- intense industries. This is done by estimating the relationship between the volume on the option written on the firm’s ... -
Underpricing and actual return in IPOs
Lundberg, Gustav; Nagy, Leon (2017-08-18)In IPOs, both the firm and its underwriter might have incentives to underprice the shares. This has caused a perception that investing in IPOs is an easy way to achieve abnormal returns. According to an article published ...