Short Term Effectiveness of Chinese Stock Connect Program — a Study of the Pricing Dynamics of Cross-listed Stocks
by Kaiyu Ren Abstract This thesis examines the pricing dynamics of cross-listed stocks in the Chinese A-share and Hong Kong H-share markets. By identifying an announcement-implementation window, I offer a fresh perspective on the short-term price adjustment of cross-listed stocks around the launch of the first Stock Connect program. My findings reveal a significant increase […]
Determining the Drivers of Acquisition Premiums in Leveraged Buyouts
By Peter Noonan This thesis analyzes factors that determine acquisition premiums paid by private equity firms in public to private leveraged buyouts. Building off of established literature that models the acquisition premiums paid in corporate mergers and acquisitions (M&A), this paper considers factors that influence a private equity firm’s willingness to pay (referred to […]