This study investigates a method for identifying human capital and its effect on company valuation. We devise a measure for the efficiency of human capital based on the personnel cost. We include all companies listed in the financial and industry sector on Nasdaq OMX Stockholm in an attempt to examine human capital and its effect on firm valuation. Our results indicate that a higher efficiency of human capital has a positive effect on return on assets. However, we find that our measure can be interpreted in two ways; either as a firm?s level of human capital efficiency or its dependency on human capital, to achieve its net sales and revenue.

New laws and recommendations within corporate governance during the last years have affected the way board of directors work. The board is said to have and fulfill three roles: a control role, a service role and a strategy role. These roles could be understood by three theoretical theories: the agency theory, the resource dependence theory and the stewardship theory. The purpose of this study is to investigate whether, and if so how, the board work differs between two small firms based on these roles, given that one of the firms is a publicly listed firm and the other is a privately owned firm. Using a qualitative case study as research method we find that the board work differs between the two companies when it comes to these roles.

Uppsatsen är en reflekterande text som behandlar verket Den lilla grafikerhandboken - Polygonbaserad modellering och texturering av miljöbaserade 3D-objekt för datorspel.Genom att ha studerat tutorials, har ett effektivt presentationssätt genererats, där verket representerar resultatet. Den lilla grafikerhandboken är skapad så att personer med liten kunskap av modellering och texturering skall kunna ta del av ett effektivt arbetsflöde. Personerna kommer dessutom utvecklas i sina modellerings- och textureringskunskaper. Genom att tidigt kunna ta lärdom av de arbetssätt som annars kan ta år att utveckla, kan kvalitén höjas på arbetet som utförs av varje student. Boken kan även vara till nytta för de som redan har en god kunskap inom berörda områdena.

Det är viktigt att fabriker och andra industrimiljöer är korrekt kartlagda, för att ha kontroll över positioner på maskiner och annan utrustning. Tredimensionella modeller ger enkel och tydlig information om en anläggnings uppbyggnad. Traditionella metoder som med måttband eller med totalstation går både relativt långsamt och det kan vara svårt att uppnå den precision som krävs. Terrester laserskanning (TLS) är en allt vanligare metod för att skapa 3D-modeller över industrimiljöer och tekniken har utvecklats snabbt de senaste åren. Modelleringsprocessen börjar med segmentering, som är en klassificering av alla punkter i ett punktmoln.

The implementation of a material requirements planning system is a complex and demanding task. There has been much research into what factors are important in such implementations, but seemingly very little about the links between critical success factors and management control systems. This thesis attempts, through a case study, to answer the question of how management control systems affect the implementation of an MRP system in ASSA AB, a Swedish manufacturing firm. Data is primarily collected through interviews. Theory regarding implementation success definitions, critical success factors as well as management control systems is presented.

During the last years, the importance of sourcing in firms has increased. Globalization, fierce competition and an increased level of outsourcing are common explanations to why firms have highlighted the potential to realize savings and the value creation that the Purchasing department can generate. One trend that follows in parallel with globalization is an increased pressure from society on firms to take responsibility for the impact that its products and services have on the environment. This responsibility creates even more attention as outsourcing involves trade with suppliers in low wage countries, where the level of environmental and social responsibility is not always satisfying. The Purchasing department, the firm?s interface with suppliers should therefore, together with the firm?s Environmental department, play a key role in the firm?s contribution towards sustainable development.

ABSTRACTTitle: First steps towards successful recruitment ? A study about a small Swedish firm?s recruitment strategyCourse: Bachelor Dissertation - LeadershipAuthors: Filip Agby, Damir Macanovic and Thomas MennerdahlAdvisor: Anders BillströmKey Words: Recruitment in small firms, recruitment strategy, wrong fit recruitment, HRM, right staffProblem enunciation: What pros and cons could the choice of recruitment strategy mean for a small Swedish firm. Purpose: The purpose of this thesis is to give recruiters a better understanding of how a small Swedish company could use different recruitment strategies, together with systematic preparations, to affect the experienced recruitment result. Another purpose is to study if earlier mentioned international research about small firms? recruitment strategies is applicable to a small Swedish firm.Theoretical framework: The section initiates by introducing the reader to the subject through describing Human resource management with a focus on recruitment.

Identification and analysis of key success factors for an entrepreneurial firm to achieve leverage when establishing on a foreign market with a premium consumer product..

By identifying effects that a buyout-firm has on management control systems in its portfolio companies, the aim of this thesis is to explain how such effects differs between the companies and finally to explain why the effects differs even though the companies are owned by the same buyout-firm. The study is conducted as a qualitative case study based on interviews with representatives from the studied buyout-firm and three of its portfolio companies.By analyzing the empirical findings with frameworks and theories within management control systems and value creation, we cannot only identify effects that are common for all portfolio companies but we can also observe differences between the portfolio companies.The identified effects that are common for all portfolio companies are: increased internal reporting burden, increased perceived risk of getting laid off among managers and co-workers and replacement of the board immediately after acquisition.The effects that are observed only for two portfolio companies are: increased focus on short-term planning, higher financial targets, replacement of company management upon acquisition and moving of decision authorities to higher organizational levels. Differences are observed although the portfolio companies are owned by the same buyout-firm due to: differences in management and co-workers equity stake in the portfolio companies, differences in business complexity and differences in planned exit-horizon..

Title: Selection of audit firm - Which factors affects the choice of audit firm in Swedish limited companies?Subject: 4FE03E ? Master thesisAuthors: Alexander Rosén & Martin KarlssonSupervisor: Magnus WillessonExaminer: Sven-Olof Yrjö CollinKey words: Audit firm, audit firm characteristics, client characteristics, limited companyBackground: In Sweden, the auditor is selected when the company has their annual general meeting. Following, the auditor?s task is to secure the quality of the financial information so the owners and other stakeholders can trust the information, which regards to the financial situation for the company and the CEO´s and board of director´s management. Since November 2010, private limited companies are free to use and have an auditor, but only if they fulfils the requirements that are regulated in ABL 2005:551.

Human capital is professional service firms' most valuable resource and its quality is closely linked to the quality of its services. The purpose of this study is to investigate how professional service firms appraise their employees. A comparative study between an architecture firm and a management consulting firm is conducted with the aim to identify and explain similarities and differences in performance appraisal. Two qualitative case studies are performed and interviews as well as documents are used to explore the area. The thesis builds on a critical perspective and it has an explorative approach.

Det här arbetet handlar om modellering och uv-mappning för modulära miljöer i spel , dess optimering med hjälp av olika tekniker samt problematiken som följer med användning av isometrisk kamera. Arbetet i stor del beskriver det jag har lärt mig under projektets gång på Frostware samt egna utförda tester, analys av nya spel och kända produktioner av andra artister..

En central del i ett systemutvecklingsprojekt är de tekniker som används för att strukturera organisationer och informationen i dessa. I flera årtionden har traditionella tekniker utvecklats. Exempel på tekniker som anses traditionella är ER-modellering och dataflödesdiagram. Idag används objektorienterade programspråk mer och mer för att implementera databaser. Det har dock inte funnits stöd för att analysera ett system objektorienterat förrän i början på 1990-talet.

Det här arbetet kommer att behandla den snabbt växande branschen datorgrafik inom just reklam. Frågan som kommer att besvaras i den här uppsatsen är. ?Vilka tekniker finns för att snabbast arbeta fram ett texturerat 3D objekt, då passande för reklam känt för dess korta deadlines??Metoderna jag använde baseras på utförda tester, tidigare erfarenheter och även genom ny kunskap jag lärt mig under arbetets gång. Programmen jag använde mig av var huvudsakligen 3D studio max, Zbrush 4R2 samt Photoshop.En av de viktigare slutsatserna jag kom fram till var att att även om modellering för hand skapar goda slutresultat, så är önskvärt att komplimentera med mjukvara som kan hjälpa till att skapa viss slumpartad geometri.

This thesis follows a qualitative method and aim to describe firms? international business at an emerging market seen from a network perspective. The purpose of the thesis is to study in what way business relations and networks influence the process of internationalization and describe the way in which companies handle the external network in relation to acquisitions. Further does our purpose include analyzing if a firm?s network may be the main factor for why international business occurs.