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Now showing items 11-20 of 21
Facilitating Sustainable Investments - How the EU Taxonomy is expected to change the principal-agent relationship between fund managers and retail customers
(2020-07-02)
There is currently an information asymmetry on the financial market, which has implications for the practice of greenwashing, hindering the capital allocation towards the Sustainable Development Goals. To fill this information ...
Analyzing investments made in conjunction with the announcement of rights issues between 2014-2018
(2020-07-03)
Rights issues are a common way for companies to attain funding. The rights to buy stocks are usually sold with a discount to the investor. The goal of this essay is to study price movements associated with the announcement ...
Predicting Asset Prices with Machine Learning
(2020-06-29)
This study examines whether machine learning techniques such as neural networks contain predictability when modeling asset prices and if they can improve on asset pricing prediction compared to traditional OLS-regressions. ...
Which firm characteristics determine access to finance for SMEs within the East African Community?
(2020-06-29)
Financial constraints among SMEs are generally more prevalent in the developing world than in the developed world, but SMEs in sub-Saharan Africa stand out as being particularly constrained. Previous studies also show ...
The Carry Trade: From 1990 to 2020
(2020-06-30)
This thesis examines the carry trade movements from 1990 to 2020. The purpose is to evaluate how an actively managed carry trade has behaved during different market conditions.
There are two carry portfolios constructed, ...
Downside risk: is downside risk being priced in the U.S. stock market?
(2020-07-06)
This paper aims to add further research to the field of downside risk, and downside risk measures’ influence on the average returns in the U.S. stock market. The study also examines and compares how well the Fama-French ...
Underpricing of Venture Capital-Backed IPOs
(2020-06-29)
This thesis researched the effect of Venture Capital ownership on underpricing in IPOs. We conducted OLS-regressions on two data samples consisting of IPOs in the Nordics between 2009 and 2019. Two samples were collected, ...
A Wolf In Sheep's Clothing, A study about potential closet indexing in the Swedish equity mutual fund industry.
(2020-08-20)
We measure the activity of Swedish domiciled equity mutual funds with Sweden as geographical investment universe, by calculating their active share with respect to major market indices like OMX30 GI and OMX Small Cap TR ...
Feeling the Heat of Climate Change - How Sensitive Could It Be?
(2020-06-29)
This thesis examines if climate sensitivity predicts stock returns and how well this measurement performs. The sample consists of the S&P 500 and the monthly stock return for the period between 1979 to 2019. The method is ...
The determinants of capital structure- In the light of a financial crisis
(2020-07-06)
This thesis investigates how the 2008 financial crisis affected the determinants of capital structure of Real Estate Investment Trusts. The crisis brought both regulatory and behavioral changes and we examined how these ...