Browsing BI Open by Subject "finance"
Now showing items 41-60 of 410
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Can fundamental factors justify the Norwegian house price development in recent years?
(Master thesis, 2023)This master thesis investigates if the recent run-up in Norwegian house prices can be justified by the development in fundamental factors. By estimating a model of house prices from 1990Q2 until 2022Q4, we find that lending ... -
Can investment strategies with ESG integration explain enhanced financial performance?
(Master thesis, 2018)There has been a remarkable growth in the alternative investment segment “responsible investing”. Responsible investing can sometimes be described by the acronym ESG, Environmental, Social, and Governance. In spite of ... -
Can sustainability criteria enhance returns and reduce risk on stocks?
(Master thesis, 2017)This thesis investigates whether sustainability criteria can be used to enhance return and reduce risk on stocks. This is done through conducting an empirical analysis on European stocks from 2007-2016, with the purpose ... -
Cape vs the fed model: comparative analysis of the out-of-sample performance in predicting future stock returns
(Master thesis, 2017)The goal of this thesis is to compare the out-of-sample performance in predicting future stock returns of the Fed model and Shiller's cyclically adjusted price-to-earnings ratio (CAPE). The two models are also augmented with ... -
Capital structure and agency costs for Norwegian private firms
(Master thesis, 2014-02-12)This paper is motivated by the developments of capital structure theory, and the fact that private firms have been modestly researched in this field. The paper examines whether agency costs influence the capital structure ... -
Capital structure and ipo market timing in the U.S. high-tech industry
(Master thesis, 2017)The scope of this master thesis is to understand what drives the decision by American firms to raise capital through initial public offerings. In particular we assess whether American technology firms try to time the IPO ... -
Cash flow permanence and payout policy in the Norwegian market
(Master thesis, 2017)We investigate the relationship between cash flow shocks, its permanence and its link to payout policy for publicly listed firms in Norway. We reject the “permanence hypothesis” suggested by Guay and Harford (2000) ... -
Cash Holdings and Corporate Diversification: Evidence From Nordic Companies
(Master thesis, 2019)We examine the relationship between diversification and corporate liquidity in Nordic firms. The significant findings of this paper show that multidivisional firms hold less cash relative to their stand-alone counterpart ... -
CO2 Emissions and its effect on Economic Growth
(Master thesis, 2023)This thesis examines the economic impact of fossil fuel dependency, measured by CO2 emissions per capita, and analyzes it during different periods ranging from 1800 to 2018. We begin with a univariate model and add time ... -
COMMODITIES & HEDGING IN THE PRESENCE OF GEOPOLITICAL TENSION
(Master thesis, 2023)This thesis extends on the work of Triki & Maatoug, (2021) and investigates the relationship between selected commodities and indices, in the presence of geopolitical tension, represented by the index of Caldara & ... -
Comovement in the Norwegian Stock Market
(Master thesis, 2019)We present the first comprehensive study of excess comovement in the Norwegian stock market, and find that stocks on the OBX index in Norway comove more than their fundamentals would suggest. The comovement is increasing ... -
A Comparative Study of Active Management in Norway and the US: Analysing Mutual Fund Performance and Fees
(Master thesis, 2023)We investigated whether the fees charged by active Norwegian global equity mutual funds can be justified, and compared it to those of US global equity mutual funds, over the period from 2012 to 2022. We aimed to explore ... -
Comparing the efficiency of pricing mechanisms in Norwegian ipos
(Master thesis, 2017)On Oslo Stock Exchange, there are mainly two pricing mechanisms that are being used when pricing an IPO, these being book-building and fixed-price. As there do not exist much research on which of these two are the more ... -
A comprehensive analysis of Brent Crude oil forecasting methods combining machine learning and quantitative models with application
(Master thesis, 2023)This study utilizes time series analysis and machine learning techniques to forecast Brent Crude oil prices. The forecasting models include an ARIMAX model, three machine learning models (GRU, LSTM, CNN) and an ARIMAX model ... -
The Comprehensive Risk Control Package: Its effect on performance during the COVID- 19 pandemic
(Master thesis, 2023)This study analyzes the impact that IFRS 16 has had on the accuracy of equity analysts’ forecasts in Scandinavia, with a particular focus on potential sector variations. The primary objectives of this research are (1) ... -
Conditional currency hedging for international equity portfolio
(Master thesis, 2017)The given study focuses on international equity portfolios based in seven developed economies and examines whether conditional approach to unitary, universal, and minimum variance currency hedging outperforms the ... -
Copper Price Fluctuations and the Stock Market
(Master thesis, 2021)The aim of this study is to investigate whether the fluctuations in the copper price can add predictive power to a model forecasting stock market returns. Our findings from the in-sample test are that past fluctuations ... -
The Corporate Financial Performance and Compensation of CEOs in Norwegian Listed Companies
(Master thesis, 2023)This paper investigates the impact of CEO compensation, including total compensation, variable pay, and base salary, on key firm performance indicators such as Return on Assets (ROA) and Return on Sales (ROS). Despite ... -
The Cost to Carry: Investor Uncertainty and the Currency Risk Premia
(Master thesis, 2020)This thesis explores a risk-based explanation of carry trade returns in currency markets. We propose a two-factor model that uses investor uncertainty proxied by News Implied Volatility innovations (NVIX) and the dollar ... -
Credit ratings and stock markets: an event-study approach
(Master thesis, 2017)The impact of sovereign credit downgrades on financial markets was deeply scrutinized on the aftermath of the 2008 financial crisis, especially in Southern Europe. The purpose of this thesis is to analyze the impact of ...