Tallinn/Riga/Vilnius, Nasdaq Baltic Market, January 29, 2016 – Nasdaq (Nasdaq: NDAQ) announces that the winners of the Nasdaq Baltic Thesis Competition 2015 were honored and awarded during the 10th Baltic Market Awards ceremony on January 28, 2016. Teele Talpsepp representing the Tallinn University of Technology with the Thesis “The influence of education and other socioeconomic and trading related factors on the disposition effect on the Tallinn Stock Exchange” was announced the 1st place winner and was granted a EUR 1000 prize.
The 2nd place and a EUR 500 award were won by Agnese Pavlovska and Donjeta Berisha from the Lund University with the Thesis “Herd Behavior in the NASDAQ OMX Baltic Stock Market”. The student of the ISM University of Management and Economics Kęstutis Ivanauskas, the author of the Thesis “IPO underpricing and aftermarket performance in OMX Baltic” won the 3rd place and received a EUR 250 prize.
For the first time the pan-Baltic competition was held. In total, 45 theses were submitted to the competition. Students coming from the universities of all three Baltic countries as well as those of the United Kingdom, Sweden and Finland submitted their papers for assessment.
“We are delighted to see an overwhelming interest in the Nasdaq Baltic Thesis Competition among the academic youth studying at the leading universities in the economics and finance field in the Baltics and other countries,” says Arminta Saladžienė, Head of Nasdaq Baltic. “Education and close collaboration between academia and business is a vital part of sustainability and progress. We at Nasdaq believe it is a win-win partnership and will continue to provide an all-inclusive platform for learning, exchange of ideas and innovation going forward.”
Theses submitted for the competition were evaluated by the representatives of the academic community, the leading specialists of Nasdaq Baltic, as well as professionals of the Baltic capital market.
Scores were given in five evaluation criteria: independent scientific thinking; relevance and topicality; originality and novelty; applicability, potential for practical application of the results and work continuity. More information: nasdaqbaltic.com
Thesis Competition 2016 will be announced in spring this year. Information will be published on Nasdaq Baltic home page nasdaqbaltic.com and on Facebook pages: Nasdaq Tallinn, Nasdaq Riga and Nasdaq Vilnius.
The aim of the Thesis Competition is to develop an interest in the Baltic capital market, to encourage students to research and analyze market dynamics, trends and development. The Competition is part of the broader undertaking of fostering young professionals’ interest and competence in the financial markets.
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Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallinn, Nasdaq Vilnius, Nasdaq Clearing and Nasdaq Broker Services are respectively brand names for the regulated markets of Nasdaq Copenhagen A/S, Nasdaq Helsinki Ltd., Nasdaq Iceland hf., Nasdaq Riga, AS, Nasdaq Stockholm AB, Nasdaq Tallinn AS, AB Nasdaq Vilnius, Nasdaq Clearing AB, Nasdaq Broker Services AB. Nasdaq Nordic represents the common offering by Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm. Nasdaq Baltic Market represents the common offering by Nasdaq Tallinn, Nasdaq Riga and Nasdaq Vilnius. Read more: nasdaqbaltic.com
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