Zobrazeno 1 - 10
of 36
pro vyhledávání: '"Sturla Lyngnes Fjesme"'
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::76c1209a754a33a1c1224c331fa34e5f
https://doi.org/10.2139/ssrn.4398789
https://doi.org/10.2139/ssrn.4398789
Publikováno v:
Journal of Financial Economics. 139:502-521
We examine listing applications by firms to the London Stock Exchange between 1891 and 1911. The exchange rejected 82 (13.1%) of the 628 applicants to its main board. Accepted applicants were twice as likely to pay dividends (and to pay twice as much
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::4ded2d9449b49108f23bc550648b6c02
https://doi.org/10.1016/j.jfineco.2020.08.005
https://doi.org/10.1016/j.jfineco.2020.08.005
Publikováno v:
Business History
Company directors in Victorian Britain have a somewhat dubious reputation. There are claims that directors had little business experience with the directorships obtained mainly via social connections. However, a little experience goes a long way, and
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::fa9abcc1c98bfd55cb4b370cf11c27c9
https://doi.org/10.1080/00076791.2019.1569629
https://doi.org/10.1080/00076791.2019.1569629
Autor:
Sturla Lyngnes Fjesme
Publikováno v:
Beta – Scandinavian Journal of Business Research
Shares sold through Initial Public Offerings (IPOs) are often underpriced and therefore very popular investment objects. Fjesme (2016) documents that the allocating investment bank requires certain larger investors in popular IPOs to also purchase mo
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::a8c1c10d50e78b576c42258488ed5b09
https://doi.org/10.18261/issn.1504-3134-2017-02-01
https://doi.org/10.18261/issn.1504-3134-2017-02-01
Autor:
Sturla Lyngnes Fjesme
Publikováno v:
Finance Research Letters
It is well documented in the finance literature that retail investors (households) underperform on a risk-adjusted basis when trading in securities markets. More recently, however, there is growing evidence that some retail investors increase risk-ad
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::d9c66658fac38798c233c0c6c2d53f1a
https://doi.org/10.2139/ssrn.3722721
https://doi.org/10.2139/ssrn.3722721
Autor:
Sturla Lyngnes Fjesme
Publikováno v:
Applied Economics Letters
It is well documented in the finance literature how share prices go up when companies increase dividend payouts. The long-term trend, however, is that more companies now retain excess cash rather than paying dividends. In this paper I investigate if
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::454353f4b391c63061daf42a6ddcbb4e
https://doi.org/10.2139/ssrn.3722725
https://doi.org/10.2139/ssrn.3722725
Autor:
Sturla Lyngnes Fjesme
Publikováno v:
European Financial Management
Practitioners, regulators, and the financial media argue that underwriters tie initial public offering (IPO) allocations to investor post-listing buying of the issuer shares in a process labelled price support. Arguably, this excess demand boosts pos
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::36bccf42f3b1e403473d4c8fcb1c1de0
https://doi.org/10.2139/ssrn.3738449
https://doi.org/10.2139/ssrn.3738449
Autor:
Sturla Lyngnes Fjesme
Publikováno v:
Praktisk økonomi & finans
I den senere tid er det fremsatt mange påstander i norske medier om at investorer burde plassere pengene sine i velldiversifiserte indeksfond da det ikke er mulig å slå markedsporteføljen allikevel (passive investeringer); se for eksempel Havnes
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::485d09ce0568c33f0425e078ae17401f
https://hdl.handle.net/10642/8522
https://hdl.handle.net/10642/8522
Autor:
Sturla Lyngnes Fjesme
Publikováno v:
Journal of Financial and Quantitative Analysis
Tying initial public offering (IPO) allocations to after-listing purchases of other IPO shares as a form of price support has generated much theoretical interest and media attention. Price support is price manipulation and can reduce secondary invest
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::d6c548e615323278b1b479a16d162b1b
https://doi.org/10.1017/s0022109016000661
https://doi.org/10.1017/s0022109016000661
Autor:
Sturla Lyngnes Fjesme
Publikováno v:
Financial Management
Using security holdings of 49,857 foreign investors on the Oslo Stock Exchange (OSE), I test whether concentrated investment strategies in international markets result in excess risk‐adjusted returns. I find that investors with higher learning capa
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::a090e46cc145f9b4b9b2d6931d878167
https://doi.org/10.2139/ssrn.3722727
https://doi.org/10.2139/ssrn.3722727