Timing th Market - A Study on Successful Market Timing
(2009)Department of Business Administration
- Abstract
- The purpose of this study is to clarify to what extent managers
engage in successful market timing behavior in UK by issuing
equity on the London Stock Exchange due to an information
advantage, while investors fail to identify and compensate for
this discrepancy.
During the timeframe 1999-2008, the indicator preference for
equity had a result supporting the presences of successful
market timing behavior. However, the other two indicators,
equity ratio change and time since last quarterly report did not
support our theory, and as a result the findings must be
considered inconclusive.
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/1437505
- author
- Jensen, Brian ; Barnell, Magnus and Panxha, Astrit
- supervisor
- organization
- year
- 2009
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- Market Timing, Financing Decisions, Capital Structure, Management of enterprises, Företagsledning, management
- language
- Swedish
- id
- 1437505
- date added to LUP
- 2009-06-03 00:00:00
- date last changed
- 2012-04-02 17:23:58
@misc{1437505,
abstract = {{The purpose of this study is to clarify to what extent managers
engage in successful market timing behavior in UK by issuing
equity on the London Stock Exchange due to an information
advantage, while investors fail to identify and compensate for
this discrepancy.
During the timeframe 1999-2008, the indicator preference for
equity had a result supporting the presences of successful
market timing behavior. However, the other two indicators,
equity ratio change and time since last quarterly report did not
support our theory, and as a result the findings must be
considered inconclusive.}},
author = {{Jensen, Brian and Barnell, Magnus and Panxha, Astrit}},
language = {{swe}},
note = {{Student Paper}},
title = {{Timing th Market - A Study on Successful Market Timing}},
year = {{2009}},
}