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Now showing items 1-10 of 24
Unlocking Value from Within Exploring Ownership’s Impact on Discounts to Net Asset Values in the Swedish Real estate market
(2023-07-10)
In recent times, the economy has undergone a rapid transformation, characterized by a notable increase in interest rates. As a consequence, real estate firms have been particularly impacted by these changes. This paper ...
Corporate governance and financial institutions performance
(2023-06-30)
The primary aim of this thesis was to examine the relationship between board independence and financial institutions performance, while also examining the moderation effect on the institutional factors of shareholder and ...
From Tree Huggers to Money Makers: How ESG Scores Boost Corporate Financial Performance in the EU
(2023-06-29)
This thesis examines the relationship between Environmental, Social, and Governance (ESG) scores and financial performance as measured by both accounting- and market-based measures; Return on Assets and Tobin's Q. The study ...
Volatility Forecasting - A comparative study of different forecasting models.
(2023-06-29)
This study evaluates the out-of-sample forecasting performance of different volatility mod-
els. When applied to XACT OMXS30, we use GARCH(1,1), EGARCH(1,1), and t-
GAS(1,1) to forecast squared daily returns while Realized ...
Market Value Implications of Increasing Passive Investing
(2023-07-07)
This study examines if recent years’ popularity and large inflow of money to passive index funds have led to inflated prices in the Swedish equity market. The problem was investigated by studying the net fund flows to ...
Testing the Adaptive Market Hypothesis on the Swedish Stock Market - Empirical evidence between 1990-2019
(2023-06-29)
This study examines if the adaptive market hypothesis holds for the Swedish stock market between 1990 and 2019. We use Affärsvärldens Generalindex and test for time-varying return predictability by implementing a variance ...
Board Diversity's effect on Stock Volatility An empirical study on the Swedish market
(2023-09-15)
In recent years, group diversity has become a prevalent topic of discussion with regard to
benefits and drawbacks. This thesis examines the impact of board diversity on stock volatility
using data on board directors in ...
Underpricing and short-term returns - An empirical study on Initial public offerings in the Nordics
(2023-07-03)
The study examines the effect underpricing has on short-term returns for 291 Initial public offerings in Denmark, Finland, Norway and Sweden. To test for this, two different OLS-regressions have been developed with ...
ESG and Fund Performance Comparing Funds with Different Strategic Benchmarks
(2023-07-03)
This thesis aims to identify if there is a positive relationship between ESG and fund performance, and if this relationship is different depending on the strategic benchmark of the funds and how they differ between the ...