Now showing items 1-2 of 2

    • 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 ...