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2739 Uppsatser om Capital Structure Arbitrage - Sida 22 av 183
ÖsterMälarstrand : en jämförelsestudie med Spacesyntax
The paper evaluates two housing proposals with Space syntax as method. The proposals are very different in a topological sense but are in a configural sense almost the same. This effect is because both proposals connect themselves to the existing configural structure of the city in the same way. Neither of them takes advantages of the most integrated streets in the existing structure and use them to concentrate pedestrian and car flows to the streets or points which are intended to be the most urban areas. The knowledge of Space syntax and this evaluation puts focus on the pour understanding among architects and planners of what effect urban design proposals will have..
Det kaotiska laboratoriet - En kvalitativ studie om organisationen i IT-startups under olika perioder
The great economic impact of startups on society has made these types of companies an increasingly popular subject for research. Though no single definition of the word startup currently exists, one could define it as a temporary organization in search of a scalable, repeatable, and profitable business model. Seen from a historic perspective, tech-startups in particular should be considered a new phenomenon and the topic is still relatively unexplored. This study investigates the structure in tech-startups during their first months of existence and compares it to the structure that prevails when the companies have recruited at least five additional employees. In addition, the study explains why these changes occur.
Att identifiera lovande affärsidéer: en förbättring av
urvalsprocessen i ett entreprenörsdrivet Venture Capital-
bolag
I dagens snabba, globala och föränderliga omvärld anser allt fler att innovation är en viktig och nödvändig faktor för ekonomisk tillväxt. Entreprenörer har därför en betydande roll för samhället i jakten på nya innovationer och start av nya företag. På samma sätt har även riskkapitalister en lika betydande roll då staten, banker och andra institutioner sällan vågar satsa på nya riskfyllda affärsidéer. För affärsidéer i tidiga faser, som kanske ännu inte blivit företag med intäkter, är Venture Capital-bolag den vanligaste och största form av riskkapitalister som är villiga att ta en sådan investeringssrisk. Affärsidéer i tidiga faser är mycket riskfyllda då det kan vara svårt att förutse marknaden eftersom det ännu inte finns ett företag.
Civilsamhället i Estland och Ryssland : en jämförande fallstudie
The aim of this study is to investigate differences that exist in Estonia and Russia with regard to civil society, democracy and corruption and try to find out what can be possible causes to the vast differences in these two countries. Many political scientists claim that civil society plays a key role in democratic transitions. This paper takes its point of departure in 1991, when the Soviet Union collapsed and Estonia and Russia became independent. Since then Estonia has had a flourishing economy which attract many foreign investments, with Sweden as the greatest investor. The country has also managed well to adjust quickly from totalitarianism to democracy.
Finansiell teori i praktiken : En studie om finansiell teori och dess förmåga att förklara skuldsättningsgraden i små börsnoterade bolag
I denna studie testas tio hypoteser som relaterar till finansiell teori för att se hur väl teorin kan förklara skuldsättningsgraden i små börsnoterade bolag. De teorier som testas är avvägningsteorin (trade-off theory), hackordningsteorin (pecking order theory) samt teorier relaterade till asymmetrisk information och agentkostnader. Testen genomförs med multipel linjär regressionsanalys och de undersökta bolagen är samtliga bolag med färre än 200 anställda på tre av de mindre börslistorna i Sverige. Resultatet visar stöd för åtta av de tio undersökta hypoteserna och är i flera avseenden tydligare än i tidigare studier som testar onoterade små bolag eller ett bredare urval av bolag..
Konkursprognostisering : Tillämpning av en konkursprognosisteringsmodell på små svenska aktiebolag
Bankruptcy is a problem for the society in form of high costs for including suppliers, customers, employees, investors, banks, insurance companies etc. The purpose of this study is to confirm or dismiss a bankruptcy prediction model that has been developed in a previous Swedish study, in order to predict bankruptcy with help of specific key figures. The model has only been tested in a larger perspective where the population consisted of all small firms in Sweden, in this study the model´s reliability is tested by that it instead been applied to a minor perspective, where the population only includes Stockholm. With a quantitative approach of 12 different key figures from a total of 60 Swedish smaller registered companies in Stockholm between the years 2005-2007, has been studied. The companies are divided into two groups, companies with good financial health and companies that have ended up in bankruptcy.The results shows that the model is applicable in a smaller population, but some of the key figures do not generate essential or any type of information about bankruptcy, but the majority of the key figures in the model did.
From Value to Growth Stocks: A Financial Ratio Analysis
The value investing philosophy, which can be traced at least to the teaching of Graham and Dodd in the 1930?s, entails identifying and investing in potentially under valued stocks with a potential for extraordinary returns. The focus of this thesis is to identify patterns and characteristics in financial accounting data preceding creation of shareholder value. The authors of this thesis utilize a multivariate discriminant analysis in order to identify indicators of value creation and subsequent extraordinary returns in value stocks. A discriminant function is derived which successfully identifies which value stocks will eventually become growth stocks.
Manipulerar företag sina resultat - En studie av förekomsten av Earnings management i samband med nyemission på den svenska marknaden
The thesis aims to examine the occurrence of Earnings Management (EM) preceding Seasoned Equity Offerings (SEOs) on the Swedish capital market. EM refers to activities and adjustments carried out by managers. The underlying purpose of these actions is to adjust net income. The procedure is typically done by borrowing income from future periods. Evidence of EM around SEOs has been documented on capital markets around the world, and the effects on firms' post-offering performance are severe.
Intranät - en kunskapskälla i arbetet?
The ambition with this study is to look into and create an understanding for
how an intranet can work as a support system in work processes in capacity as a
source of knowledge. We want to enhance the understanding for which kind of
knowledge that can be coded in and transmitted by an intranet, and which that
is lost in this process. We also want to clarify what it takes to get this
knowledge, in collaboration with the intranet, to support the work in an
organization.
It is a qualitative case study at a Swedish bank. It consisted of semi
standardized, half structured interviews with five people in one of the bank?s
local offices.
iPod - Var mans leksak? : Den sociala bakgrundens betydelse för användning av och attityd till Apples mp3-modell
AbstractPurpose/Aim: My study aims to analyse, using Pierre Bourdieu´s theory, whether the social background plays a significant part in the attitudes and use of Apples mp3-player iPod. The study also aims to determine whether it is possible to group the focus groups used in my study and iPod into Bourdieu´s model.Material/Method: The reference material used in this paper is mainly gathered from books concerning Pierre Bourdieu´s theories. I have also had four focus groups of two different characters, to study their attitudes towards Apples mp3-player iPod. I have then applied the results of the focus groups to Bourdieu´s theories and models concerning habitus, social fields, capital and lifestyles, and studied whether there are any divergences in attitudes between the groups.Main results: My findings are that the focus groups as well as iPod can be put into Bourdieu´s model. According to the responses from the people in the focus groups, the attitude and usage of iPod do not mirror people?s social class or background, which goes against Bourdieu´s? theory.
Venture capital och lågkonjunkturens påverkan på Venture capital i Sverige
Venture capital investerar via fonder i nya, små och medelstora onoterade företag under en tidsbestämd period. Genom ett aktivt ägarengagemang tillför de kompetens, nätverk, ägarstyrning och kreditabilitet. Därigenom skapar de tillväxt inom portföljbolaget samt förutsättningar för en positiv avkastning via exit. Inom dagens svenska ekonomi har det blivit allt vanligare att innovativa unga företag med utvecklingspotential finansieras via venture capital. I december 2008 visade Konjunkturinstitutet en rapport om konjunkturläget som skvallrade om fördjupad internationell finanskris med svagare BNP-tillväxt, ökad arbetslöshet och bekräftade att Sverige nu gick in i en lågkonjunktur.
Investment Ready - En studie av riskkapitalmarknaden för såddinvesteringar
Entreprenörer på den svenska riskapitamarknaden har länge hävdat att det är problem för företag i tidig fas att locka till sig kapital från investerare. Detta brukar benämnas the eguity gap. På senare tid har problemet också försökt förklaras utifrån brister hos efterfrågan av kapitalet, dvs entreprenörerna. Med detta menas då att entreprenörerna och deras projekt inte är investment ready. Vi har haft för avsikt att utreda vad investerarna anser om den svenska riskkapitalmarknaden för sådinvesteringar och vilka de vanligaste bristerna i de investeringsförslag, som inkommer till Venture Capital-företag och Affärsänglar, är.
Feline Odontoclastic Resorptive Lesion (FORL) : en morfologisk beskrivning
Feline Odontoclastic Resorptive Lesions (FORL) is a painful disease that affects feline teeth and that is increasing in prevalence. The ethiology is still rather unknown. However, research on the ultra structure of the feline tooth may help us understand why FORL is so prevalent in cats and not in other species. Since the ethiology is still unknown, there is yet no profylaxis. The pathogenesis is rather well known; the hard structure of affected teeth gradually undergo odontoclastic resorption and resorptive lesions are often partly replaced with bone- or cementum-like tissue.
Filosofi som pedagogisk modell
The paper examines Philosophy with children as a pedagogical method for schools to practice. The questions I have posed are:Why philosophize with children and teenagers?How does Philosophy with children work?What, in the organized structure of the philosophical inquiry, can be emphasized as favourable for learning?How carefully is the structure of the philosophical inquiry really followed in practice?How can philosophy be applied as a pedagogical model?The theoretical framework of this inquiry consists of a discussion about a thirst for learning that exceeds the explicit and direct usability that motivates vocational training.I have used two different kinds of methods. The main method is a literary analysis of some of the literature in this field. This analysis is compared to field observations of children participating in communities of inquiry in school.The basic assumption is that practicing the ability of philosophical thinking can help children develop a more profound way of understanding who they are and how the world in which they exist works.
Agentkostnader, ägande och utdelningar : en studie om sambandet mellan ägandet och utdelningar i Sverige
Background: Theoretical, it?s been questioned why dividends exists in companies based upon the fact that there is a separation between ownership and control. According to the agency theoretical perception, dividends is used as a manner to unify the interest of this separation, which in turn lower the agency cost, and increase the efficiency of companies.Purpose: The aim of this master thesis is to scrutinize and analyse the association between Swedish firms? owner structure and owner types and their inclination to dividend.Method: We attack the problem with a hypothetical-deductive research method by using the existence of a universal theory, the agency theory. From our theoretical framework we propose a set of hypotheses.