Blar i Department of Finance på utgivelsesdato
Viser treff 21-40 av 54
-
Ulike kredittratingers innvirkning på aksjeavkastning : En empirisk vurdering av to sektorer på MSCI World indeksen
(Master thesis, 2014)I denne oppgaven undersøker vi hvorvidt ulike kredittratinger har en innvirkning på aksjeavkastning. Vi bruker kredittratinger tildelt av kredittratingbyråene S&P og Moody’s og historiske aksjeavkastningstall. Analysen ... -
Arbeidskapitalstyring og aksjonærverdi : en empirisk analyse av sammenhengen mellom arbeidskapitalstyring og aksjonærverdi i Norden
(Master thesis, 2014)In this thesis, we provide an empirical study of the relationship between corporate working capital management and shareholder wealth in the Nordic countries. The focus on working capital management has increased because ... -
Innovasjon og innovasjonskonkurranser
(Journal article; Peer reviewed, 2014)Bedrifter og offentlige virksomheter bruker i økende grad innovasjonskonkurranser til å løse teknologiske utfordringer og fremme nye produkter og tjenester. Gjennom en innovasjonskonkurranse inviterer oppdragsgiver uavhengige ... -
Liquidity in covered bond markets : How liquid is the Norwegian secondary market?
(Master thesis, 2014)In this paper, we study the liquidity in the Norwegian secondary covered bond market, in comparison to other Scandinavian covered and government bond markets. We have gathered data on trades and bonds in the markets ... -
Dynamic portfolio optimization with transaction costs and state-dependent drift
(Working paper;2014:1, Working paper, 2014)We present an efficient numerical method to determine optimal portfolio strategies under time- and state-dependent drift and proportional transaction costs. This scenario arises when investors have behavioral biases or ... -
Et marked for G? : en undersøkelse av grunnbeløpets markedspotensial
(Master thesis, 2015)Grunnbeløpet i Folketrygden er i dag en beregningsfaktor som påvirker oss alle gjennom forskjellige trygde-, pensjons- og forsikringsordninger. Når grunnbeløpet hvert år endres er det enorme beløp som påvirkes. Det eksisterer ... -
Private Equity Zombie Funds : performance and fund characteristics : An empirical analysis of the global private equity market
(Master thesis, 2015)This thesis investigates performance and other characteristics of zombie funds in the global private equity market using a dataset from Preqin. Our sample comprises a total of 4 204 private equity funds with vintage years ... -
An empirical analysis of the KMVMerton model - A case of Swedish real estate companies
(Master thesis, 2015)This thesis examines the contribution of applying the KMV-Merton model on Swedish real estate companies listed at the NASDAQ OMX Nordic Real Estate Index. Comparing the KMV-Merton model credit rating to frequently applied ... -
Understanding private equity performance : a review of dynamics driving fund performance
(Master thesis, 2015)In recent years, more papers on private equity performance have emerged, casting light over a market that earlier was characterised by privacy and secrecy. Early studies mostly use VentureXpert as a data provider, however, ... -
Corporate governance in private equity : do boards really matter? : an empirical study of Norwegian private equity
(Master thesis, 2015)We examine how private equity funds a↵ect corporate governance in Norwegian portfolio companies. We find that general partners do not prioritize the board as long as everything is going according to plan. We also find ... -
Does tradeoff theory explain high-frequency debt issuers?
(Working paper, 2015-07)Over the past forty years, one-third of the publicly listed industrial firms in the U.S. raised two- thirds of all public and private debts (net of debt rollovers). We use these high-frequency debt issuers (HFIs) - large ... -
Learning by Failing, or Failing to Learn?
(Master thesis, 2016)This thesis investigates the effects on company performance of employing a CEO with bankruptcy experience. Bankruptcy experience refers to that the incumbent CEO has previously filed for bankruptcy as CEO in another ... -
High Yield Bonds or Junk Bonds?
(Master thesis, 2016)The objective of this thesis is to calculate the returns in the Norwegian high yield bond market between 2005 and 2015. To further strengthen our results, we attempt to find and measure explanatory factors for the differences ... -
Fripoliser : er det fornuftig å gi fra seg rentegarantien?
(Master thesis, 2016)Masteroppgaven er skrevet i forbindelse med fordypningen i finansiell økonomi ved Norges Handelshøyskole. Temaet for oppgaven har vært forvaltning av fripoliser, og følgende problemstilling er besvart: For hvilke ... -
Partial Adjustment to Public Information in the Pricing of IPOs
(Working paper, 2016-01)Extant literature shows that IPO first-day returns are correlated with market returns preceding the issue. We propose a new explanation for this puzzling predictability by adding a public signal to Benveniste and Spindt ... -
Nedtrapping : en fornuftig løsning for pensjonssparere?
(Master thesis, 2017)I masterutredningen har vi sett nærmere på innskuddspensjon og hvilke produkter som tilbys i dette markedet. Selv om innskuddspensjon er et relativt nytt produkt i norsk sammenheng, har det allerede vært flere ulike ... -
Passiv forvaltning av obligasjoner i det norske markedet : en simulering av passiv indeksforvaltning basert på Nordic Bond Pricing sin «Regular Market Index» for 2015-2016
(Master thesis, 2017)Passiv forvaltning har til nå vært lite benyttet i det norske obligasjonsmarkedet. I utlandet, og særlig i det amerikanske markedet, er det derimot en økende andel obligasjoner som blir forvaltet passivt. I USA forventes ... -
Three essays in Empirical Finance
(Doctoral thesis, 2017-09) -
Essays on Empirical Corporate Finance
(Doctoral thesis, 2018-08)This dissertation consists of three essays and is submitted to the Department of Finance at Norwegian School of Economics in partial fulfillment of requirements for the completion of Doctor of Philosophy degree in ... -
Boyan Jovanovic: recipient of the 2019 Global Award for Entrepreneurship Research
(Journal article; Peer reviewed, 2019)The 2019 Global Award for Entrepreneurship Research has been awarded to Professor Boyan Jovanovic at New York University in the USA. Boyan Jovanovic has developed pioneering research that advances our understanding of the ...