Browsing NHH Brage by Author "Kisser, Michael"
Now showing items 1-9 of 9
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An empirical analysis of the effect of key policy rate changes on the unbiasedness hypothesis
Uthaug, Thomas; Yu, Hengxiang (Master thesis, 2018)Interest rate parity is one of the most important theory in international finance which determines the relationship between the exchange rate and interest rates of two countries. However, there are many empirical findings ... -
Crowdfunding as a tool for startups to raise capital : why and how to use it
Andersen, Lasse Magnus Klæbo; Mauritzen, Lars Joakim (Master thesis, 2016-03-30)This thesis aims to educate the reader on the different characteristics of crowdfunding, such that entrepreneurs who are considering how to raise funds for their new project can make more informed decisions. The ... -
Do all-equity firms destroy value by holding cash?
Kisser, Michael (Discussion paper, Working paper, 2010-12)Empirical evidence shows that as of 2006, nearly every fifth large U.S. public corporation was all-equity financed and that the corresponding average cash holding were nearly twice as high as of the average U.S. firm. ... -
Does tradeoff theory explain high-frequency debt issuers?
Eckbo, Espen B.; Kisser, Michael (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 ... -
A shot at regulating securitization
Kiff, John; Kisser, Michael (Discussion paper, Working paper, 2011-04) -
Technical analysis in the foreign exchange market : testing the profitability of technical trading rules
Seljeset, Ida; Straume, Henriette Ellingsen (Master thesis, 2018)In this analysis, three simple technical trading rules - filter rules, moving average rules and channel breakout rules - are tested in the foreign exchange market in the period from 1986-2016. The technical trading rules ... -
The leverage-profitability puzzle resurrected
Eckbo, B. Espen; Kisser, Michael (Peer reviewed; Journal article, 2020) -
The leverage-profitability puzzle resurrected
Eckbo, B. Espen; Kisser, Michael (Peer reviewed; Journal article, 2020) -
What are the implications of dividend changes? : an empirical study of dividend signaling in the Norwegian stock market
Godager, Erlend; Lia, Herman (Master thesis, 2019)The purpose of this thesis is to investigate the dividend signaling theory’s relevance at the Oslo Stock Exchange in the period from 2006 to 2018. First, we analyze the short-term effects of dividend changes, measured by ...