Uppsatser om underperformance

2 uppsatser

Hur underprissättning påverkar efterföljande prestation

C-uppsats · Handelshögskolan i Stockholm

… been studied on the Swedish equity market. Our findings suggest that there is underperformance after 36 months when comparing total return to an industry index. However, this underperformance disappears when accounting for firm specific risk. Furthermore, we find no …

Long-Term performance of Swedish IPOs - 1990-2002

Magisteruppsats · Lunds universitet

… their benchmark-portfolios during a 36-months period. Though, the grade of underperformance depends of the chosen benchmark. The study is mainly focused on a particular benchmark, a portfolio of non-issuing firms matched by size and sector. Compared to this benchmark the sample …