equity market
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Good news from mass media induces more investments in the equity crowdfunding market
This study verifies the association between the text sentiment of news items and the value of capital investments in the equity crowdfunding market. It also analyzes the influence of geographic attributes on the investments made. Based on data for 736 investments made in different ventures in the largest equity crowdfunding platform in one of the main emerging markets, this study’s results...
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Good News from Mass Media Induces More Investments in the Equity Crowdfunding Market.
INTRODUCTION Crowdfunding constitutes a way for businesses and other organizations to raise funding from multiple individuals (Mochkabadi b Volkmann, 2020; Stevenson et al., 2019). Thus, as an extension of classic funding from family and friends, cr...
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Minimum variance portfolios in the Brazilian equity market/Carteiras de variancia minima no Brasil.
1. Introducao O trabalho de Markowitz (1952, 1959) teve uma grande influencia na maneira como a relacao entre o risco e o retorno dos ativos e pensada em Financas. Quando as preferencias dos investidores dependem apenas da media e da variancia dos ...
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Brazil begins to unlock private-equity secondary market
Brazil is beginning to develop a secondary market for shares in private equity funds, the ones that buy stakes in companies. This type of trading is common in the United States, where the industry is mature, but is only now beginning to emerge here.A...
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‘Brazilian equity market is extremely undervalued’, expert says
The expected start of the benchmark interest rate Selic reduction and the greater political stability that Brazil is experiencing today will make the country one of the most attractive markets globally over the next 12 to 18 months, according to Todd...
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Market Conditions and the Exit Rate of Private Equity Investments in an Emerging Economy.
Introduction Private Equity (PE) investment has been increasing globally, reaching US$582 billion in 2018. In December 2018, there was US$2 trillion available for new PE investments (Bain and Co., 2019). Those funds are active investors, which buy ...
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Retailers' rush to tap equity market prompts debate over asset quality
The market window that has opened for stock offerings put a record number of retailers in the IPO pipeline. For the first time, many are regional chains, not concentrated in the large consumer markets of Rio de Janeiro and São Paulo, which were not e...
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Debt-to-equity swaps on rise in Brazil’s mature market
Traditional companies are changing hands as lenders specializing in distressed assets take majority stakes in these businesses. As the Brazilian market becomes more mature, deals are on the rise — oil company Enauta is the latest example, as restruct...
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Equity market timing: testando atraves de IPO no mercado brasileiro.
1. Introdução Lacunas não esclarecidas pelas tradicionais teorias que abordam a determinação da estrutura de capital das firmas, como static trade off e pecking order, levaram pesquisadores a desenvolver abordagens alternativas para o tópico. Estud...
- Brazilian FIA-MAs: A New Option For Investments In Mid-Market Companies And Private Equity
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Rise in asset trading among private equity funds
Amid a sluggish capital market scenario, marked by a nearly two-year dearth of IPOs, asset trading among private equity funds is on the rise this year. Although in its early stages ...
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Without IPOs, investment banks’ revenues almost halve in 2022
... , investment banks felt the pinch as fee income from typical capital market transactions - equity issues, debt issues, mergers, acquisitions, and ...
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A Sarbanes-Oxley Act como instrumento de valores éticos, socioeconômicos e ambientais na governança corporativa: seus impactos no Brasil
O presente artigo visa, como objetivos, discorrer sobre os impactos da Lei Sarbanes-Oxley nas esferas empresariais e a sua possível democratização nos mercados, partindo de análises do processo de globalização e seus desdobramentos na tentativa de consolidação dos movimentos e projetos globais para que se estabeleçam caminhos que conduzam as empresas a uma maior sustentabilidade nos âmbitos...
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Wessel partners with equity firm to produce veggie burgers
... name in the beef product business, is partnering with private equity firm Bela Vista to create Meta Foods, a company focused in the growing market of plant-based foods. The new company spent R$20 million to build its first factory in the state of So Paulo to produce vegetarian burgers to be sold ...
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Local assets off to strong start of year driven by foreign investors
... Driven by foreign capital, the stock market rose, and the dollar fell against the real. In fixed income, with signs of ... request for court-supervised reorganization sent the debt and equity markets into a tailspin.Despite all this, Brazils benchmark stock index ...
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Offerings compete with secondary market
The return of issuers and investors appetite for equity offerings, in line with the recent improvement in the domestic scenario, but at a time when the fund industry continues to suffer from redemptions - ...
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The role of financial media in share repurchases.
1 Introduction ... The open-market share repurchase (1) payout method is the most common way managers ... Then, I divide the results by the firm's market equity in the quarter immediately prior to the announcement t-1. I also consider ...
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Securities Lending and Short Selling.
... lending, particularly stock lending, attracts the attention of market participants, academics, and regulators due to its different uses, with ... rationale is the possibility of repurchasing the stock on the equity market at a lower price and, consequently, profiting from this operation, ...
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Fifty-year history of the Ibovespa/Ibovespa: 50 anos de historia.
... There are two main types of stock market indexes: stock price indexes and investment performance indexes ... they are necessary to calculate the systematic risk and the cost of equity of firms, and (iv) they reflect investor sentiment. Representation, ...
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Are higher-order factors useful in pricing the cross-section of hedge fund returns?
... Improving on initial models that used the market plus a few linear factors as a benchmark, Fung & Hsieh (2001) argue that ... strategies in our empirical analysis: fund of funds, long/short equity hedge, multi-strategy, managed futures, emerging markets and event-driven ...
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GetHFData: a R package for downloading and aggregating high frequency trading data from Bovespa.
... power to domestic users motivated scholars to study financial market dynamics in a finer scale, based on trading data in the high, tick by ... example, the trading records for the date 2015-11-03 in Bovespa's equity market, a small market in international terms, is stored as a single ...
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The Equity Premium Puzzle: Analysis in Brazil after the Real Plan
Our paper investigates whether there is evidence of an Equity Premium Puzzle (EPP) in Brazil, applying two different methodologies. The EPP was identified by Mehra and Prescott (1985) since the Consumption Capital Asset Pricing Model (CCAPM), when calibrated with reasonable preference parameters, could not explain high historical average risk premiums in the United States. In our first approach,...
... The Ibovespa index was used as a measure of the market return, whereas the risk-free rate was proxied by the Selic interbank rate and by the savings account rate. In our second approach, we propose a ... -
The Effects of Sovereign Rating and Corporate Governance on The Capital Structure of Latin American Companies
This study analyzed the effects of sovereign rating and corporate governance (CG) on the capital structure of Latin American companies. A multilevel regression model was used for 823 companies listed on major Latin American stock exchanges over the period 2004-2018. The results showed that firm level is the most responsible factor for the variation in ...
... Good News from Mass Media Induces More Investments in the Equity Crowdfunding Market ... Israel José dos Santos Felipe 1 , Wesley ... -
Companies issue debt amid volatility in capital markets
At a time when the capital market is suffering from the effects of volatility caused by rising interest ... Miranda, with Santander."The equity market shows sideways movements, but this is a global phenomenon, not a ...
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Are country and size risks priced in the Brazilian stock market?
When estimating a firm's cost of equity for valuation and other purposes in emerging markets without (or with only partial) capital market integration, many practitioners include a premium ...