Blar i ODA Open Digital Archive på forfatter "Fjesme, Sturla Lyngnes"
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British IPO directors, 1891-1911
Fjesme, Sturla Lyngnes; Galpin, Neal; Moore, Lyndon (Business History;, Journal article; Peer reviewed, 2019-05-24)Company directors in Victorian Britain have a somewhat dubious reputation. There are claims that directors had little business experience with the directorships obtained mainly via social connections. However, a little ... -
En Studie om Venturekapital, Børsnoteringer og Avkastning på Oslo Børs
Ragnarsson, Lina Mari; Båreim, Henny (Master thesis, 2017)Det antas gjerne at venturekapital-støtte vil bidra til en positiv verdiutvikling for et selskap. Generelt sett gis det ikke noe entydig bilde av dette, som vi kan se hos Jain og Kini (1995) og Gompers og Lerner (2001), ... -
Foreign Market Portfolio Concentration and Performance
Fjesme, Sturla Lyngnes (Financial Management;Volume 49, Issue 1, Spring 2020, Journal article; Peer reviewed, 2019-02-06)Using security holdings of 49,857 foreign investors on the Oslo Stock Exchange (OSE), I test whether concentrated investment strategies in international markets result in excess risk‐adjusted returns. I find that investors ... -
Hvem er smartest på Oslo Børs?
Fjesme, Sturla Lyngnes (Praktisk økonomi og finans;Årg. 35, 2/2019, Journal article; Peer reviewed, 2019-06-03)I den senere tid er det fremsatt mange påstander i norske medier om at investorer burde plassere pengene sine i velldiversifiserte indeksfond da det ikke er mulig å slå markedsporteføljen allikevel (passive investeringer); ... -
Informed trading by non-financial companies
Fjesme, Sturla Lyngnes (Applied Economics Letters;Volume 27, 2020 - Issue 3, Journal article; Peer reviewed, 2019-05-12)It is well documented in the finance literature how share prices go up when companies increase dividend payouts. The long-term trend, however, is that more companies now retain excess cash rather than paying dividends. In ... -
Performance of Option Trading Strategies: Evidence for Individual Stocks and the OBX During 2005-2015
Sand, Daniel; Borchgrevink-Persen, Markus (Master thesis, 2017)In this paper, we examine risk and return characteristics of some of the more popular option trading strategies such as: Covered calls, Covered combinations, Protective puts, Straddles, Strangles and Butterfly spreads. ... -
Retail investor experience, asset learning, and portfolio risk-adjusted returns
Fjesme, Sturla Lyngnes (Finance Research Letters;, Journal article; Peer reviewed, 2019-10-13)It is well documented in the finance literature that retail investors (households) underperform on a risk-adjusted basis when trading in securities markets. More recently, however, there is growing evidence that some retail ... -
The world cup in football and the US IPO market
Fjesme, Sturla Lyngnes; Lv, Jin Roc; Shekhar, Chander (Journal of Corporate Finance;, Peer reviewed; Journal article, 2023)We document that US IPOs that take place during a world cup in football (soccer), compared to IPOs before or after, exhibit 9% lower underpricing and 6% lower price adjustment. IPOs during world cups receive less attention ...