dc.contributor.author | Vaarlund, Iselin D. | |
dc.contributor.author | Levardsen, Hanne | |
dc.date.accessioned | 2018-02-06T09:40:53Z | |
dc.date.available | 2018-02-06T09:40:53Z | |
dc.date.issued | 2017 | |
dc.identifier.uri | http://hdl.handle.net/11250/2482870 | |
dc.description | Masteroppgave(MSc) in Master of Science in Finance - Handelshøyskolen BI, 2018 | nb_NO |
dc.description.abstract | This thesis investigates potential drivers behind fluctuations in listing volume in
Norway and Sweden between 2000 and 2016. The paper replicates findings in
previous literature by investigating whether aggregate capital demands,
information asymmetry and investor sentiment can explain fluctuations in listing
volume. Based on a review of the Norwegian - and Swedish equity markets, the
introduction of a secondary stock exchange is included as a potential explanation.
Empirical tests include aggregate time-series regressions, using proxies for the
above-mentioned factors. All hypotheses are tested both collectively and
individually. Regressions are run separately for each country. This enables us to
compare results from each country, thereby strengthening the reliability of the
results. Results indicate that the level of investor optimism is an important
determinant of listing volume in Norway and Sweden, in both statistical – and
economic terms. The combined results from both markets, does not offer adequate
support for the remaining hypotheses. | nb_NO |
dc.language.iso | eng | nb_NO |
dc.publisher | BI Norwegian Business School | nb_NO |
dc.subject | finans | nb_NO |
dc.subject | finance | nb_NO |
dc.subject | financial economics | nb_NO |
dc.title | What are the major drivers behind listing volume fluctuations in Norway and Sweden? | nb_NO |
dc.type | Master thesis | nb_NO |