Vis enkel innførsel

Event study on changes in capital structure and volatility

dc.contributor.advisorMolner, Peter
dc.contributor.authorHelleland, Tatyana
dc.contributor.authorPetkevic, Kristina
dc.date.accessioned2017-09-26T13:08:22Z
dc.date.available2017-09-26T13:08:22Z
dc.date.issued2017-06
dc.identifier.urihttp://hdl.handle.net/11250/2456838
dc.descriptionMaster's thesis in Financenb_NO
dc.description.abstractThe authors of this paper test whether the changes in the capital structure and more specifically the changes in Debt to Equity ratio can explain the changes in the implied volatility and realized volatility. In addition, the effect of changes in leverage on stock returns and volume trading was researched. This was done by performing an event study in a selection of 24 companies from the US market. The results of the empirical analysis suggest that the market has higher explanatory power than the changes in the leverage for the selection of stocks. Changes in leverage can explain the changes in stock’s return, while the average volume trade over a 5-day period before and after the investigated events could not be explained by changes in the leverage.nb_NO
dc.language.isoengnb_NO
dc.publisherUniversity of Stavanger, Norwaynb_NO
dc.relation.ispartofseriesMasteroppgave/UIS-SV-HH/2017;
dc.rightsNavngivelse 4.0 Internasjonal*
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/deed.no*
dc.subjectadministrasjonnb_NO
dc.subjectøkonominb_NO
dc.subjectfinansnb_NO
dc.subjectleveragenb_NO
dc.subjectvolatilitynb_NO
dc.subjecteventnb_NO
dc.titleEvent study on changes in capital structure and volatilitynb_NO
dc.typeMaster thesisnb_NO
dc.subject.nsiVDP::Samfunnsvitenskap: 200::Økonomi: 210nb_NO


Tilhørende fil(er)

Thumbnail
Filnavn:
Helleland_Tatyana_og_Petkevic_ ...
Størrelse:
1.586Mb
Format:
PDF
Åpne

Denne innførselen finnes i følgende samling(er)

Vis enkel innførsel

Navngivelse 4.0 Internasjonal
Med mindre annet er angitt, så er denne innførselen lisensiert som Navngivelse 4.0 Internasjonal