Search for dissertations about: "sell-side"

Showing result 1 - 5 of 7 swedish dissertations containing the word sell-side.

  1. 1. Valuation Relevance : The use of Information and Choice of Method in Equity Valuation

    Author : Per Flöstrand; Jan Erik Gröjer; Bino Catasús; Per Nikolaj Bukh; Uppsala universitet; []
    Keywords : Business studies; valuation; non-financial; analysts; intellectual capital; disclosure; sell-side; Företagsekonomi;

    Abstract : This thesis is concerned with exploring the equity market price discovery process, the translation and incorporation of new information into stock prices, by studying both what information is included in this process and which valuation methods are used to translate that information into a value.The overarching research question posed in this thesis is: How is equity valued? The overarching question is broad and has been divided into the following sub questions:What valuation methods do companies use when valuing takeover targets?What valuation methods do sell-side analysts use when valuing equity?What factors explain the variation in the use of valuation methods by sell-side analysts?To what extent do sell-side analysts utilize non-financial information in their reports?These questions are addressed in four separate essays. READ MORE

  2. 2. The Pursuit of Relevance : Studies on the Relationships between Accounting and Users

    Author : Johan Graaf; Matti Skoog; Roland Almqvist; John Holland; Stockholms universitet; []
    Keywords : SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Accounting; Information; Relevance; Financial analysis; Social and Institutional Practice; Capital Markets; Sell-side; Analyst; Broker; Equity sales; Investment recommendations; företagsekonomi; Business Administration;

    Abstract : Relevance has become one of the key priorities for accounting policy, and implies that accounting should have an impact on the economic decision-making of accounting users. Despite the increased importance given to users, however, little is known concerning the properties of such relevance in practice. READ MORE

  3. 3. Shooting Stars: The Value of Ranked Analysts' Recommendations

    Author : Yury Kucheev; Tomas Sörensson; Mats Engwall; Felipe Ruiz; Anders Löflund; KTH; []
    Keywords : SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Alpha; analysts’ recommendations; Institutional Investor; sell-side analysts; star analysts; StarMine; The Wall Street Journal; Industriell ekonomi och organisation; Industrial Engineering and Management; Economics; Nationalekonomi;

    Abstract : Financial analysts play a key role in collecting, processing and disseminating information for the stock market. Selecting the best analysts among thousands of analysts is an important task for investors that determines future investment profitability. READ MORE

  4. 4. Essays in empirical finance

    Author : Egle Karmaziene; Handelshögskolan i Stockholm; []
    Keywords : SAMHÄLLSVETENSKAP; SOCIAL SCIENCES;

    Abstract : This thesis consists of four self-contained essays on empirical.Motives for Entrepreneurial Saving: Evidence from Sweden evaluates the drivers of a high saving rate of entrepreneurs in Sweden. READ MORE

  5. 5. Seeking Alpha - and finding it : empirical studies of the impact of information acquisition behavior, market beliefs, and risk attitude on fund performance among equity managers in Sweden

    Author : Emelie Fröberg; Handelshögskolan i Stockholm; []
    Keywords : SAMHÄLLSVETENSKAP; SOCIAL SCIENCES;

    Abstract : This dissertation sheds light on the value of active fund management by empirically exploring, describing, and analyzing how fund managers attempt to deliver superior risk-adjusted fund performance (“Alpha”). It provides unique insights into the 140 individuals that actively managed over 38 billion USD (253 billion SEK) in early 2013 in Sweden through a mixture of archival studies, direct observations, in-depth interviews, and a questionnaire. READ MORE