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Timing th Market - A Study on Successful Market Timing

Jensen, Brian; Barnell, Magnus and Panxha, Astrit (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.
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author
Jensen, Brian; Barnell, Magnus and Panxha, Astrit
supervisor
organization
year
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},
  keyword      = {Market Timing,Financing Decisions,Capital Structure,Management of enterprises,Företagsledning, management},
  language     = {swe},
  note         = {Student Paper},
  title        = {Timing th Market - A Study on Successful Market Timing},
  year         = {2009},
}