Vis enkel innførsel

dc.contributor.authorGhanavatian, Farhad
dc.contributor.authorHeien, Andreas
dc.date.accessioned2021-10-21T09:05:33Z
dc.date.available2021-10-21T09:05:33Z
dc.date.issued2021
dc.identifier.urihttps://hdl.handle.net/11250/2824428
dc.descriptionMasteroppgave(MSc) in Master of Science in Business, Accounting and Business Control - Handelshøyskolen BI, 2021en_US
dc.description.abstractThis thesis aims to provide empirical evidence for the value of financial flexibility when a sudden and unexpected event occurs that results in a cash-flow shortfall, using the ongoing pandemic as an example. We find significant differences in abnormal stock returns for listed Norwegian companies with different degrees of financial flexibility during the period of Covid-19 restrictions. Contrary to previous research, our results show that financial flexibility had a negative effect on performance during the sell-off period. On stimulus day, we find no significant value. However, for the following recovery period, we find that financial flexibility positively affected abnormal stock returns for our data sample.en_US
dc.language.isoengen_US
dc.publisherHandelshøyskolen BIen_US
dc.subjectaccountingen_US
dc.subjectbusiness controlen_US
dc.titleHow valuable is financial flexibility? Evidence from listed Norwegian companies during the Covid-19 pandemicen_US
dc.typeMaster thesisen_US


Tilhørende fil(er)

Thumbnail

Denne innførselen finnes i følgende samling(er)

Vis enkel innførsel