This study examines the (Cumulative) Average Abnormal Returns ((CAR) ̅ / (AR) ̅) of 171 NASDAQ Composite Index listed takeover targets in the period 2009-2018 to investigate whether abnormal returns are being made prior ...

In a sample of acquirer companies from USA, which are dominant in the field of artificial intelligence, I analyze the returns after M&A activity. I find that the cumulative abnormal returns are higher for the targets that ...

During this research, I looked into the effect of investor sentiment upon the reaction to news, and what this implies for long-short trading strategies. The strategies used in this research are the momentum strategy and ...

Since the launch of Bitcoin ten years ago, there has been a proliferation of digital currencies with market capitalizations of billions of dollars, growing academic literature and a mixed reception. These new currencies ...

Behavioral insights from (Cumulative) Prospect Theory (CPT) as an innovative theory of decision-making revolutionized financial risk research. Despite its theoretical appeal, the empirical relevance of CPT with regard to ...

Psychology studies have showed that current mood can influence risky decision making. When the mood of a large part of the society (i.e. the social mood) is affected in a similar direction, this is then expected to affect ...

This thesis sets out to find the risk-free asset. In the literature, this concept is often seen as a given and operationalized by government bond yields. This thesis first deconstructs the theoretical concept of the risk-free ...

What are the future return expectations of investors after experiencing a gain or loss in the financial market? In this research is the demonstration of no difference in future return beliefs and trading behaviour in a ...

This paper gives a comprehensive analysis of the difference in financial exposure towards the Euro Area and towards the US of global investors. It finds that, although the US is by far the number 1 destination of foreign ...

Finance theory indicates that corporate hedging can increase firm value by reducing costs of taxes, financial distress and agency costs, and by reducing cash flow volatility. This paper covers both a direct effect of ...