This paper studies the option market?s implied dividend as a predictor of future equity market returns. We introduce this variable in the simple total return framework and discuss some complications of using it as a proxy for the expected dividend. We construct some regressions using the price-dividend ratio and the implied dividend growth, and test them on six years worth of data on the EURO STOXX 50-index. The main result is that implied dividend growth exhibits some forecastability over two-year horizons, but that the dataset is too short to draw any definitive conclusions about long-horizon forecastability.

A study has been conducted on how organizations in Sweden administer costs of facilities management services internally. There are three main theoretical methods for administering costs. In the first method, costs are maintained on a central level; in the second method, costs are allocated and in the third method, internal transfer pricing is used. The aim of the study is to identify which methods are applied in practice, to evaluate whether the methods fulfill their intended purposes and to study the relationship between the methods used and the cost level of facilites management services. In practice, a large diversity of methods are used for facilities management costs.

How do we perceive literature? In our times computer games and Internet have made us grow more comfortable to the usage of non linear storylines. But how does this apply to printed literature?In this essay, called ?From a to b through d h and o. Non linear storytelling in our time? I have focused on nonlinear literature from different time periods and I have studied novels such as James Joyce?s Ulysses as well as works by William S.

In 1994 a new Forestry Act was accepted in Sweden. One of its aims was to raise the consideration for preservation of biodiversity. Since this happened over 15 years ago there is now an interest in analyzing if the law has been effective in its purpose. In this study methods suitable for analysis are being investigated. The study contents a pilot study of methods for five parameters that can validate if the law has been followed.

För att mångfalden av människor i arbetslivet ska kunna tillvaratas, uppskattas och erkännas krävs ett organisationsklimat ochettledarskap som möjliggör detta. Syftet med denna studie är att undersöka hur ett meningsskapande kring mångfald kommer tilluttryck inom Sveriges Television, då produkten ska nå en mångfaldig publik.Sveriges Television är ett public service-företag vars uppdrag är att nå ut till tv-tittare i hela Sverige, vilket förutsätter en mångfaldig produkt. Åtta semistrukturerade intervjuer har genomförts med anställda på Sveriges Television. Intervjuerna har transkriberats och resultatet hartolkats utifrån Piagets konstruktivistiska lärandeteori och Mezirows teori om transformativt lärande. Våra viktigaste resultat visar att det som upplevs som meningsskapande kommer till uttryck i relationen mellan det som anses värdefullt och det lärande som de anställda får ta del av.

Empati har länge ansetts vara en god egenskap hos en medmänniska. Det definierats enligt Davis, som individers affektiva och fysiologiska reaktioner avseende någon annans fysiska och psykiska tillstånd. Tidigare forskning har visat att det finns skillnader avseende empati hos individer beroende på olika faktorer. Huvudsyftet med studien var att se om kön, ålder, arbetsplats, antal år inom yrket samt föräldraskap påverkade kriminalvårdares empati. Deltagarna var kriminalvårdare (N = 90) som arbetade på en anstalt och ett häkte.

The purpose of this essay is on the one hand to study Sub-Saharan Africa from a comparative perspective to analyze different explanations to democratization and on the other hand to compare the democratization of the most interesting cases found. To fulfil the purpose, the essay is divided into a quantitative and a qualitative part. The quantitative part starts from four different theories of democratization and thus has a deductive theory testing approach. We intend to use four theories: the modernization theory, the theory of stable institutions as a prerequisite for democratization, political culture and ethnic diversity as an obstacle for democratization, to test how they correspond with the democratic situation in Africa, and at the same time find deviant cases. The second part of the study takes its start from an inductive perspective and examines institutions and citizens of the deviant cases.

Literature is an important part of the daily activity in preschool and it is also a powerful tool for reinforcing different norms.The purpose of this study is to explore, through qualitative interviews, for what purpose pedagogues in preschool use literature in their daily activity and what needs these pedagogues see for non-heteronormativity literature. The study also relates the needs that pedagogues see with the basic values presented in the Swedish National Curriculum for preschool.Literature is used in preschool for a wide range of purposes including; enriching the language, getting familiarized with the written language, show diversity, reinforce norms on how to be a good friend, as a starting-point for discussion, working with a theme or to have a fun time.The needs that the pedagogues see for non-heteronormativity literature can be divided in to three categories namely there is always a need, there is only a need when somebody requires that kind of literature to identify themselves with or there is only a need when somebody is being discriminated because of not belonging to the heteronorm.The need for non-heteronormativity literature being there always corresponds with the basic values in the Swedish National Curriculum for preschool and the recommendation that the basic values are visible in the daily activity of the preschool. The other needs doesn?t correspond with this, but it matches other parts of the Swedish National Curriculum for preschool..

This thesis is based on a conversation about gender identity and the pronoun hen in an episode of the radio programme Tendens on Swedish public radio, P1. The participants of the conversation are a scholar and a journalist/show-host. The goal of the research has been to analyse how the conversation is constructed from its context and which topics that occur. The goal of the research has also been to analyse how the participants of the conversation position themselves and how the conversation composes and re-composes norms and values regarding gender identity in society. Critical discourse analysis, completed by Conversation analysis has been the theoretical and methodological approach.

This paper?s objective is to investigate whether Modigliani and Miller (MM) I & II proposition from 1958 with regard to capital structure, is still valid among public Swedish firms.We have chosen the 63 firms on the Stockholm Stock Exchange (OMX) that Affärsvärlden magazine?s general index (AFGX) has categorized as industrial firms. We based this selection on the assumption that these firms are relatively capital intense and have a clear focus on production and, therefore, mainly uses capital structure as a mean to finance their production and not as a means in itself.To be able to fully evaluate these firms we have calculated the current key ratios based each firm?s annual report. To make the figures comparable across the entire population we adjusted them to each firm?s turnover.The results we have reached concur with MM?s proposition I regarding capital structures independence of the firm value.

The aim of this study is to examine the existence of norms in three Spanish textbooks intended for upper secondary school in Sweden. One category of norms, gender norms, is selected for analysis. The focus of the analysis is on how gender norms are represented in the textbooks. The concept of gender also includes - in addition to the relation between man och woman - ethnicity, sexuality and disability. The three analysed textbooks are Caminando 3, Vistas 3 and El Sur paso 3.

Denna undersökningen är ett försök att se hur mycket av ämnesundervisning, kursplan och kursmål som kan rymmas inom serietecknande som (undervisnings) metod. Genom att knyta an till elevers egen kulturkonsumtion hoppas jag kunna knyta an ny kunskap till det eleven redan är bekant med. Serier blir då här som en brygga mellan det de redan vet och det de ska lära. Arbetet genomförs genom undervisningsförsök som vetenskaplig metod och genom diskursanalys av seriemediet. Jag tycker mig se genom detta arbete att man ur det seriemassiga, serierna i sig och serierelaterat innehåll i allmänhet, kan skapa en pedagogisk metod för bildämnet.Detta är ett s.k.

Syftet med studien är att öka kunskapen om män som har en impulsiv aggressivitet riktad mot sin partner, och om männens brister i affektmedvetenhet (alexitymi) samt deras förmåga till empati och om de skiljer sig i dessa aspekter från män som söker hjälp för relationsproblem på Manscentrum. 20 män med våldsamt beteende och 20 med relationsproblem fyllde i Aggression Questionnaire-Revised Swedish Version (AQ-RSV), Toronto Alexithymia Scale (TAS-20) och Interpersonal Reactivity Index (IRI). Resultaten visade ett positivt samband mellan aggressivitet och alexitymi i hela populationen och ett negativt samband mellan alexitymi och empati. De våldsamma männen var också aggressivare enligt AQ-RSV än de med relationsproblem, men inga andra skillnader var signifikanta. De män som hade erfarenhet av våld i ursprungsfamiljen hade ett starkare samband när det gäller aggressivitet och alexitymi.

This essay is about the meeting of the pedagogic mission and the reality of the conditions in preschools. It is about the frustrations that I, as a pedagogue, experience when I cannot fulfill this mission. An example of this is working when understaffed.My purpose is the acknowledgment of two main areas of the curriculum: caring and learning. This essay demonstrates the diversity of the occupation and it ?s constant need of positioning.

Many new electronic publication systems have arisen in the past few years, one of them is the weblog. In 1999 there were 23 weblogs, today there are millions thus a need for organisation has appeared, both special metadata and subject indexes have been invented and created. Due to the large amount of the latter we have in this thesis decided to concentrate on those close by the Scandinavian weblogindexes. A more international perspective would however have been possible, as very little is written on the topic. We have looked at these selected weblogindexes, trying to determinate whether they agree with F.