Sök:

Sökresultat:

4031 Uppsatser om Efficient market - Sida 42 av 269

Påverkar det ekonomiska läget noteringarnas aktiekursutveckling? : En kvantitativ studie av noterade bolag på NASDAQ OMX Stockholm 2000-2010

Inledning: Inom finansmarknaden där en handelsplats för värdepapper finns är IPO ett omtalat ämne. Fascinationen ligger vid introduktionen av ett företag på börsen som tidigare varit privatägd och dess avkastning på aktien. Vidare är prissättningen på aktierna och timingen för en notering intressanta aspekter som har studerats sedan många år tillbaka. I denna uppsats ska det undersökas hur aktiepriserna för de noterade bolag har utvecklats vid olika ekonomiska tillväxter.Syfte: Syftet är att undersöka om det ekonomiska läget påverkar aktiekursernas utfall vid en notering samt hur dessa utvecklas på noteringsdagen och 30 dagar efter noteringen.Metod: Genom beräkningar av introduktionspriserna i jämförelse med stängningskurserna på noteringsdagen och 30 dagar efter noteringen får man fram aktiekursernas utveckling.Teoretisk referensram: Den effektiva marknadshypotesen och signalteorinResultat: Undersökningens resultat visade på att skillnaden i aktiernas avkastning mellan företag som noterat sig under en hög respektive låg ekonomisk tillväxt var mycket liten. Företagen som hade noterat sig under en hög ekonomisk tillväxt hade endast 0,1 % högre avkastning än de företag som noterade sig under en låg ekonomisk tillväxt.

Reglerade återköpstider : en studie av svenska återköpsprogram

This study addresses mandatory non-trading periods for Swedish stock market participants which have implemented an open-market share repurchase program during the period 2000 until 2010. By locating the date of publication of interim reports, these mandatory non-trading periods called silent periods are examined. The result indicates that repurchase trading activity occurs despite the statutory prohibition. By studying the price support hypothesis assumptions about long- and short-term effect on share price and performance, this study tries to explain these tendencies. An average decline of share price and performance is shown among companies entering silent periods.

Hägn i skogsbruket :

This survey was made during the autumn of 2002 and the beginning of 2003, on commission from the National Board of Forestry. The purpose with the survey was to gather experience and knowledge in the organisation about fencing and this was made through interviews. The ambition was also to get knowledge from people outside the organisation that have great experience of forestry and fencing. The interviews were based on questions that have been composed by the author with help from the supervisors. The questions were the same to both the personal from the National Board of Forestry and to the foresters. Interviews were also made with private landowners, gamekeepers, game researcher, the County Administrative Board, the National Road Administration, pole and net retailers and contractors. The target group for this work is the National Board of Forestry to be forwarded to persons interested in forestry with the ambition to spread knowledge about how to prevent damage on the forest by browsing animals. The deer populations are big in the south of Sweden and growing populations have increased the damage on plantations of broadleaves of the most species.

Mervärdeskapande på Internet : En undersökning av Internetbaserade resebyråer

The purpose of this thesis is to examine whether Swedish, Internet-based travel agencies, acting on a consumer market are working towards creating added value for their customers. If that is the case, how and why do they use such a mode of operation.The theoretical framework was based on Grönroos´ ?Augmented service offering?, which treats added value as an addition to the core service. The services offered on five of the larger companies´ websites on the market were examined and 3 representatives of the five companies were interviewed.The study shows that 2 of the examined companies did not produce any added value, while 3 of the companies did produce added value for the customer. The added value was generated through packaging of core-, facilitating- and supporting services for the purpose of differentiating the company towards competitors and generating service fees..

Lärande i förändringsprocesser : En fallstudie om individers villkor för lärande vid implementeringen av ett nytt affärssystem

 Problem   Are there any abnormal changes in the parent company's share price at the news of a spin?off.ObjectiveThe main purpose of the study is to investigate how the news of a spin-off affects the parent company's share price. In other words if the news of the Spin-off gives an abnormal return on the Stockholm Stock Exchange during the specific period of 1998?2008. In addressing this, the paper will also investigate the following sub sections: are there any differences in the abnormal returns in various sectors and what the reasons to perform a spin?off in the Swedish market are.MethodAn event study in which market data is used to measure specific events? impact on the value of the company and on the effects on the stock market.

Varmt Sköljvatten

In cooperate with Asko Cylinda we have developed a new heat system too short the processtime and reduce the energy consume in a dishwasher and still have it too be a class AAA.The environment and quality is important for the company too still be the number one onthe market, If they want too keep that position the product developed of new innovations willbe very important. The systems we have developed are more effective and reduce energy uptoo 25 %. The process time is reduced too less than two hours, from the today two andhalf-hour. The solutions are too heat up the rinse water and the dishwater at the same time,with a new heating system and it make are solutions unique and effective. Its good for thedish and the environment.

Sociala företag en av flera aktörer i det sociala välfärdsarbetets tjänst

Social enterprises make up one of the groups of participants that provide welfare services financed by public funding. The object of this study is to describe and analyze from a theoretical point of view which conditions, in what fields, by which division of responsibility and finally through what decisions these social enterprises are allocated a place in the market for social welfare services. The company that has been the object of study offers services in the field of social welfare and in employment. In the study a triangulation of qualitative methods has been used: studies of literature on the subject, recurrent interviews and observations and also reviews of documents. The results have been analyzed from theories on the space available on the market for social services, on social economy and on social capital in the form of strong, weak and bridging bonds.

Företagsportalen: morgondagens arbetsplats

Today we see a fast developing of the market for mobile communication, both in an increased and changed mobile use, but also in the development of new technologies and services. Much that can be performed on Internet/Intranet today with a PC will in some years also be possible to do with a mobile terminal. Mobile Internet will probable take place when new technologies as GPRS, EDGE and UMTS will be in use. These technologies in combination with the development of new terminals and services will bring new capabilities for both companies and private users. This report describes how a portal should be designed in order to meet the needs on the market.

Asymptotiska egenskaper hos vissa kombinatoriska strukturer

In an attempt to develop a more cost-efficient material for solar   energy applications, nano-particles of nickel oxide composite in a silikatmatris manufactured with solar gelmethod and studied structurally by electron microscopy. Furthermore, the thin film optical properties characterized by Variable. Angel Spectroscopic Ellipsometry. Sol gelfilms suitability as a selective absorber surface is also analyzed by optical modeling..

To practice corporate responsibility : a study of how Swedish food retailers practice strategic corporate responsibility for image differentiation

Due to the increase of the emission of greenhouse gas and climate changes more and more customers demand environmentally sustainable products. The increased demand of sustainable products from cradle to grave is something that has affected the food sector. Many retailers within the food sector feel that they are less or more forced to be environmentally friendly. Nowadays many retailers have chosen to show customers and stakeholders that they want to ?do good? by publishing annual sustainability reports. The Swedish food market has been one of many markets investing in being environmentally friendly.

Analys av sorptiv kylning i industri- och kontorsbyggnader

Energy efficiency is important both to reduce costs and to reduce greenhouse gas emissions in the atmosphere. Reducing costs will also help maintain business competitiveness.Scania in Södertälje is a company where the optimization of energy use is an ongoing and continual process. One area with potential to make energy and cost savings is the effectiveness of the ventilation systems in offices and industrial premises at Scania. During the summer months an increased demand for cooling occurs, leading to increased ventilation and a peak in district cooling system usage. Sorptive cooling is a technology where the supplied air is cooled by applying external heat.

Svenska nätverksagentens funktion vid inträde på den kinesiska marknaden

Syftet med denna uppsats är att underlätta för små och medelstora svenska företag som planerar en affärsetablering i Kina genom att ge ökad kunskap om vad en nätverksagent kan erbjuda samt vilka problem som är vanligt förekommande när företag vill etablera sig i Kina. Utöver detta syftar uppsatsen till att ge ett teoretiskt bidrag till nätverksagentens möjliga funktion vid foreign market entry Slutligen vill vi även bidra med eventuella rekommendationer till både företagen och nätverksagenterna om vad de kan behöva tänka på och förbättra för att lättare kunna uppnå sina mål..

Energieffektivisering av två flerbostadshus i Västerås, byggda 1963 : Enerigbehovsberäkning med programmet VIP+

 AbstractThe background for this study is that there were a great amount of buildings constructed in Sweden in the years 1965-1975 in a program designed to create one million apartments in a time-period of ten years. These buildings are now, somewhat forty years later in most cases in very poor condition and the need for renovation is great and urgent. This has become a growing problem and more and more voices are being heard pointing towards the vast and extremely expensive task of renovating these buildings. Lately, it has also been more and more important for buildings to be energy-efficient and sustainable environment friendly.In recent years there has been an atempt to solve these problems by renovating such buildings but at the same time making them very energy-efficient. This is in some cases being done by isolating the shell of the building and changing the ventilation-system and so forth.

Slamfärger och dess miljöpåverkan

The paint market of today is a jungle whit an enormous range of different paint types; there all has different properties and different compositions, some with big influence on the environment and some whit less influence on the environment. It could even be difficult for an expert to always know what should be used on which surface and what would be the best out of the environmental point of view.This work is not intended as a total review of all the manufactures range of colours; only as a deeper dissertation about distemper paint in general, in particular Falu Red Paint. Whit focuses on the environmental issues.The work is especially for those who are ready to paint but don?t know what paint they should chose and people that has a interest in paint and environment, perhaps it also could be of interest for professional painters even when there probably isn?t any big news for them. The information is compiled from the Internet and downloaded brochures from the Internet..

Hur står sig Modigliani och Millers teori om kapitalstruktur under hög- kontra lågkonjunkturer? : en studie av 30 börsnoterade bolag på den svenska marknaden

Problem formulation: This paper will examine how the capital structure of firms affects their market valuation by applying the Modigliani-Miller theory on Swedish listed companies in a boom and a recession. The study will examine whether it is possible to draw any conclusions as to whether companies with high debt to equity ratios are valued lower in a recession, in comparison to companies with low debt to equity ratios.Purpose: To empirically test the Modigliani-Miller theory of capital structure in a boom and a recession in order to see if the companies? market value is affected differently depending on whether they have a high or a low debt to equity ratios.Methodology: The essay has a deductive and a quantitative methodological approach. Data analysis was done through a correlation analysis, a regression analysis and a hypothesis testing.Theory: The Modigliani-Miller theory of capital structure with taxes states that companies with a high debt to equity ratios has a higher value. One of the risks with a high level of debt could be that during a financial downturn companies have more difficulty realizing capital and are thus more likely to go bankrupt.Conclusions: The study shows results that are contrary to the Modigliani-Miller's theory; all the correlation analyses between debt to equity ratios and market value are negative.

<- Föregående sida 42 Nästa sida ->