Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
Results
Showing 1 to 20 of 114 for “"Equity market"”.
-
Essays On Information Asymmetry In Equity Market
… studies this phenomenon through observing the equity market both in the developed country and in the emerging market and observing both the initial price offering market and the secondary equity market. Chapter one develops a simple model that relates the clustering of IPOs to moral hazard. The …
-
Is there momentum in Korean equity market?
… returns, has been documented in most of global equity markets. However, momentum is known to be relatively mild in East Asian equity markets. The momentum strategy does not yield significant returns in the Korean equity market until the early 2000s but does so afterwards. Momentum arises in the …
-
The Chinese equity market : characteristics, microstructure and efficiency
… this research is to examine various issues about market efficiency and market microstructure in the Chinese equity market. Where. to date, there has been relatively little attention. Specifically. this thesis intends to answer the following questions. Is the Chinese equity market efficient? If …
-
Equity market-neutral strategies: Efficient frontier and style analyses.
Equity market-neutral strategies: Efficient frontier and style analyses.
-
Economic modeling of Korean private equity market through comparisons of market structures and investment strategies between the Korean and American private equity market
… to selected industries or firms. The private equity market is an efficient resource allocation system that provides equity capital to the firms not quoted in the stock market. However, a private equity market is difficult to develop not only due to the high risk characteristics of the market …
-
Risks and returns in the globalised South African equity market
… findings regarding the drivers of South African equity returns. In contrast, this thesis investigates the behaviour of South African risks and returns directly, as well as their fundamental relationship to each other (the central risk-return principle). As the Johannesburg Securities Exchange …
-
The emergence of the Angolan equity market: main limitations and recommendations
… on the emergence of the Angolan stock market. It also examines the strategies developed by sub-Saharan African stock exchanges when facing similar issues. It uses information obtained from participants to recommend actions to be taken by the Angolan government and institutions related …
-
The Equity Market Reaction to Corporate Climate Action Bond Issue Announcements
… on SDG 13: Climate action, to investigate the market reaction to a global sample of 276 corporate climate action bond issue announcements between the inception of the green bond market in 2007 and 2022. Firstly, an event study is conducted to assess the equity market's reaction to corporate …
-
Understanding the low volatility anomaly in the South African equity market
… across a multitude of developed and emerging markets, where portfolios constructed to have lower volatility have outperformed their higher volatility counterparts as found by Baker and Haugen (2012). This result has been found to exist in most Equity markets globally. In the South African …
-
Are the capital structures of JSE listed companies influenced by equity market timing?
… sets out to test whether evidence of the market timing theory exists in JSE listed firms by applying the method used by De Bie and De Haan (2007) for evidence of market timing in Dutch firms; the regression model used to test market timing was developed by Baker and Wurgler (2002). Baker …
-
The impact of macroeconomic variables on the equity market risk premium in South Africa
The relationship between the Equity Market Risk Premium (MRP) and macroeconomic variables has been a subject of extensive discussion in the finance literature. The MRP is a central component of the main asset pricing models which are used to estimate the cost of equity which is mainly used in …
-
Real estate private equity : market impacts on investment strategies and compositions of opportunity funds
Market forces continually change the landscape of the real estate private equity ("REPE") industry. In the current market, robust capital raising and the emergence of new funds in REPE suggest increasing competition to place capital while the credit crisis has marked the end of an era for cheap …
-
Which version of the equity market timing affects capital structure, perceived mispricing or adverse selection?
… cumulative outcome of past attempts to time the equity market. Baker and Wurgler extend market timing theory to long-term capital structure, but their results do not clearly distinguish between the two versions of market timing: perceived mispricing and adverse selection. The main purpose of this …
-
The existence and behaviour of style anomalies in the global equity market : a univariate and multivariate analysis
… statistically significant rewards in individual markets and s mall market groupings, and are found to be significant at a sector level on a global scale, but have not been tested at a firm level on a global scale. The aim of this study is to explain the cross-section of returns of the 1468 …
-
Topics in market microstructure, misconduct and systemic risk: an empirical analysis of the South African equity market
… recent developments in the South African capital markets are presented in this thesis. The first study presents an empirical analysis of the systemic risk exposures and contributions of 125 financial institutions between 2003 and 2018. Using two popular measures of systemic risk, the marginal …
Page 1 of 6