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Now showing items 1-10 of 12
Can Vice be Vindicated? Examining a potential value premium in vice stocks using Fama and MacBeth regressions - a comparison across three different factor models
(2018-07-12)
In this paper, we examine a 30-year period to find whether vice (defined as operations in the alcohol, tobacco, gambling, adult services, and weapons and defense industries) plays a role in determining returns of individual ...
The effects of Environmental, Social and Governance measures on the cross section of stock return, a compensation for risk or mispricing? Evidence from the Swedish stock market
(2018-08-31)
There is a lack of uniformity throughout the literature regarding the effects of socially
responsible investing. By implementing a Fama-MacBeth style regression with the
Fama French three factors and the momentum factor, ...
When there are not enough Baskets to put your Eggs in- A Study of a Sample Bank Bond Portfolio on the Swedish Interbank-market
(2018-07-09)
This thesis explores the Swedish interbank-market, with empirical material from a sample bank, by conducting a qualitative interview as well as modelling probabilities of defaults in the sample bank bond portfolio. From ...
An analysis of the usage of preferred stock in Sweden
(2018-06-29)
This paper aims to explain why the few issuers of preferred stock in Sweden have chosen to issue this historically unpopular instrument. We examine characteristics of the issuers of preferred stock related to two possible ...
Investing in Sustainable Stocks - An Empirical Evaluation of Large Public Companies in Sweden
(2018-07-09)
This thesis investigates if investing in a sustainable index yields higher risk-adjusted returns than investing in an ordinary index. Return data from the Swedish stock index OMXS30 was collected, spanning the period ...
DOES BITCOIN MAKE SWEDES SHARP(E)? An empirical study of the effect on riskadjusted return when including Bitcoin in the average Swedish investor´s portfolio
(2018-07-05)
Globalization causes domestic markets to become increasingly correlated, making it harder for investors to find instruments for diversification. Bitcoin is a cryptocurrency that has shown spectacular returns and drawn great ...
Hållbarhetsredovisning inom den svenska banksektorn -En innehållsanalys av hållbarhetsredovisning om mångfald och jämställdhet inom banksektorn
(2018-02-22)
Bakgrund: Tryck från omvärlden har bidragit till ökat fokus hos banksektorn i fråga om
mångfald och jämställdhet. Efterfrågan på information har lett till att publiceringen av
hållbarhetsrapporter har eskalerat. Banker ...
Första-Fjärde AP-fonden: Riskjusterad avkastning och risk 2001-2017
(2018-07-11)
The purpose of this study is to investigate whether the four Swedish public pension funds
AP1-4 contribute to the stability of the pension system by evaluating their mandate as formulated in the law. The thesis contributes ...
The Relationship Between Environmental, Social and Governance Factors and Firm Performance. A Study Performed on the Swedish Stock Market
(2018-07-05)
This thesis investigates the relationship between environmental, social and governance (ESG) factors and firm performance on the Swedish stock market over the years 2013-2017. Using the traditional Carhart’s four-factor ...
What drives the price development of cryptocurrencies? An empirical study of the cryptocurrency market.
(2018-06-27)
The novelty, the rapid growth rate and the high volatility of cryptocurrencies have led to great uncertainty without any consensus on whether cryptocurrency is a medium of exchange or a speculative investment. This uncertainty ...