An empirical study on value drivers of the next generation of special purpose acquisition companies (spacs) in the United States

Detalhes bibliográficos
Autor(a) principal: Ladwein, Julian Alexander
Data de Publicação: 2021
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10362/142017
Resumo: SPACs are one of the most discussed investment opportunities of the last years. In the mean time, a lot has changed: Media coverage, public interest, regulation, and their reputation. In this Master Thesis the performance of the latest SPAC generation is analysed at the three most important stages: IPO, merger announcement and the short-term after announcement window. The results get compared with the literature in IPOs, M&A and private equity as well as current research about previous SPAC generations. The results show: Pre-merger and merger performance is positive while post-merger performance is better than expected
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spelling An empirical study on value drivers of the next generation of special purpose acquisition companies (spacs) in the United StatesIpoPrivate equityMergers and acquisitionsSpacSpecial purpose acquisition companyUnderpricingDomínio/Área Científica::Ciências Sociais::Economia e GestãoSPACs are one of the most discussed investment opportunities of the last years. In the mean time, a lot has changed: Media coverage, public interest, regulation, and their reputation. In this Master Thesis the performance of the latest SPAC generation is analysed at the three most important stages: IPO, merger announcement and the short-term after announcement window. The results get compared with the literature in IPOs, M&A and private equity as well as current research about previous SPAC generations. The results show: Pre-merger and merger performance is positive while post-merger performance is better than expectedQueiró, FranciscoRUNLadwein, Julian Alexander2022-07-18T14:46:21Z2022-01-112021-12-172022-01-11T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/142017TID:202997952enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T05:19:16Zoai:run.unl.pt:10362/142017Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:50:06.044420Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv An empirical study on value drivers of the next generation of special purpose acquisition companies (spacs) in the United States
title An empirical study on value drivers of the next generation of special purpose acquisition companies (spacs) in the United States
spellingShingle An empirical study on value drivers of the next generation of special purpose acquisition companies (spacs) in the United States
Ladwein, Julian Alexander
Ipo
Private equity
Mergers and acquisitions
Spac
Special purpose acquisition company
Underpricing
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
title_short An empirical study on value drivers of the next generation of special purpose acquisition companies (spacs) in the United States
title_full An empirical study on value drivers of the next generation of special purpose acquisition companies (spacs) in the United States
title_fullStr An empirical study on value drivers of the next generation of special purpose acquisition companies (spacs) in the United States
title_full_unstemmed An empirical study on value drivers of the next generation of special purpose acquisition companies (spacs) in the United States
title_sort An empirical study on value drivers of the next generation of special purpose acquisition companies (spacs) in the United States
author Ladwein, Julian Alexander
author_facet Ladwein, Julian Alexander
author_role author
dc.contributor.none.fl_str_mv Queiró, Francisco
RUN
dc.contributor.author.fl_str_mv Ladwein, Julian Alexander
dc.subject.por.fl_str_mv Ipo
Private equity
Mergers and acquisitions
Spac
Special purpose acquisition company
Underpricing
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
topic Ipo
Private equity
Mergers and acquisitions
Spac
Special purpose acquisition company
Underpricing
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
description SPACs are one of the most discussed investment opportunities of the last years. In the mean time, a lot has changed: Media coverage, public interest, regulation, and their reputation. In this Master Thesis the performance of the latest SPAC generation is analysed at the three most important stages: IPO, merger announcement and the short-term after announcement window. The results get compared with the literature in IPOs, M&A and private equity as well as current research about previous SPAC generations. The results show: Pre-merger and merger performance is positive while post-merger performance is better than expected
publishDate 2021
dc.date.none.fl_str_mv 2021-12-17
2022-07-18T14:46:21Z
2022-01-11
2022-01-11T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
format masterThesis
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10362/142017
TID:202997952
url http://hdl.handle.net/10362/142017
identifier_str_mv TID:202997952
dc.language.iso.fl_str_mv eng
language eng
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
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