During the last few years, there has been a lot of debate regarding the price ofelectricity on the Swedish market. According to a recent survey from Sifo, anon-bias governmental institute for consumer research and testing, the priceof electricity is what worries Swedish households the most. An investigationof the eciency of the Nordic power grids inuence on the Swedish spotprice is therefore both relevant and valuable. Three quarters of all electricityproduced in the Nordic region is traded at the Nord Pool Spot power market.This survey examines how much of the variation of the swedish spot pricecan be descried by the variation of the nordic system price and how much iscaused because of ineciencies in the power grid. Primarily, linear regressionwith adjustments for endogeneity and heteroskedasticity has been used in orderto analyze data obtained mainly from Nord Pool Spot and Vattenfall AB.The results show that the variation of the system price can account for all butabout 40% of the variation in the Swedish spot price.

Tidigare forskning har indikerat att det kan existera informationsasymmetrier i aktiemarknaden mellan olika marknadsaktörer. Personer med insyn har oftast tillgång till särskild information som inte är tillgänglig för marknaden. Detta innebär att möjligheter till abnormala avkastningar existerar för dessa personer vid handel av bolagets finansiella instrument. Denna studie undersöker i första hand huruvida insynshandel på Aktietorget och Nordic Growth Market genererar abnormal avkastning samt om det föreligger en skillnad i resultat mellan dessa marknadsplatser. Det som ligger till grund för studien är insiders samtliga köp- och säljtransaktioner under 2005 för bolag noterade på Aktietorget och Nordic Growth Market.

AbstractTitle: DREAMING OF A UNITED ?NORDEN? (The North)? Four central Nordic actors about the progress and extent of Nordic cooperationThe Nordic cooperation are often spoken as in terms of a peaceful international cooperation that is built upon a wide range of similarities among its members, such as a common culture, language similarities and a related kind of political system etc. But in spite of the fact that these so called propitious factors are present, many of the attempts that has been made trying to bring the states of the North (Norden) closer together has turned out unsuccessfully. Therefore no far-reaching Nordic cooperation has come to be implemented. The aim of this essay is to find out what the main reasons could be why this has been the case.I have chosen to take a closer look at the motives given by the former Nordic Prime ministers Tage Erlander (Sweden), Karl August Fagerholm (Finland), Einar Gerardsen (Norway) and Mauno Koivisto (Finland).

This study deals with one particular instance of foreign policy change in Sweden; The political take-off for enhanced Nordic Defence and Security Cooperation in the beginning of the 21st century which led to an agreement on a Nordic declaration on slolidarity. The aim of this study is to explain why the political development has undergone a rapid upturn and when such a policy change occur. Its purpose is to explain what factors and conditions that influenced the policy change. It also explores the meaning of the Nordic Declaration of Solidarity. The theoretical point of departure is Foreign Policy Analysis combined with John Kingdons policy-window theory.

Uppsatsen Ingenjörkompaniets förändring från NBG-08 till NBG-11 ? En myt eller sanning? behandlar ingenjörkompaniet under Nordic Battlegroup-08 respektive Nordic Battlegroup-11. Uppsatsens skildrar de skillnader vilka fanns på respektive kompani avseende organisationen, materiel och utrustning samt de krav och uppgifter vilka kompaniet hade. Detta har genomförts med en komparation mellan de respektive kompanierna.Syftet med uppsatsen är att se vilken inverkan tidigare organisationer har på framställandet av en ny organisation under respektive Nordic Battlegroup. I detta fallet ingenjörkompaniet under respektive Nordic Battlegroup.En komparation mellan de två olika kompanierna innefattande tre av de grundläggande förmågorna verkan, rörlighet och uthållighet har genomförts kopplat mot två av krigsföringsförmågorna, konceptuella- och fysiska förmågorna.Resultatet av studien visar att slutsatser kopplade till i huvudsak brister kring kommunikationen mellan respektive ingenjörkompani där inget eller mycket begränsat erfarenhetsutbyte genomförts mellan dessa.

The Methodology used to gather empirical materials for this thesis has been different types of interviews. The interviews have been mainly unstructured personal interviews directly with our respondents, due to limiting factors some of the interviews have been carried out via phone or email.The theoretical framework consists of literature from well-recognised authors and is divided into four different parts: Insourcing & Outsourcing, Intellectual Capital, Knowledge Management, China & Intercultural understanding. The empirical foundation has been gathered from a great variety of different sources in an attempt to cover the many complex angels in which this subject can be looked upon. Chinese students, managers in international companies with experience from China, Chinese employees in Swedish companies and different people with good knowledge of different areas of China are all among our respondents.In our conclusion we have reached the three following conclusions for why one should start a ?bridge building? enterprise in between qualified Chinese human capital and Swedish structure capital: 1.

The aim of this study is to investigate which management control mechanisms evolve in companies that receive funding from Venture Capital companies and why the management control systems evolve in the way that they do. A case study was performed on three Swedish high technology companies, that all received funding from Venture Capital companies for the first time in 2006. Merchant?s framework, defining all management control mechanisms as either, results control, action control or personnel control, was used to structure the study. Results show that the companies that received Venture Capital all increased the use of management control mechanisms within results control, action control and personnel control.

There are many different forms of financing for small businesses and two common financing options mentioned in the study, bank loans and Venture Capital.Venture Capital is a form of risk capital financing, investing in unlisted stock market. The feature of the arrangement is that those people are trying to find companies that can offer unique, attractive and in demand products on a strong growing market. Since VC-firms are taking a big risk in cooperation with the investment, the VC-company strong demands while assessments are made on the company will generate a return in the future.Bank loans are the most common form of financing for companies in the market. Requirements and assessment under the law is hard especially for small businesses because financing entails high risks. Banks require that the liquidity management in the enterprise should be stable because the bank's main objective is to repayment of debt and the interest payable on the capital.The purpose of this study is to examine the requirements and assessments VC-firms and banks make use of the financing of small businesses. .

The aim of this study is to examine if the leadership style in Faiveley Transport Nordic Ltd has an impact on the psychosocial climate in the workplace. Henceforth, we have checked if the psychosocial climate influences the feeling of satisfaction that exists in the organization and if this in turn influences the degree of extra effort the employee chooses to impose on his or her task. In order to measure the leadership in the organization we have used the Multifactor Leadership Questionnaire (MLQ). The climate, in turn, has been measured through Ekvalls GEFA. All 125 employees in Faiveley Transport Nordic Ltd got the possibility to attend the survey, 58 participated.

AbstractThis thesis is a qualitative study that provides an insight into the Nordic offshore market, focusing on the North Sea and investigates indications of how the near future may develop in the area and how these developments may affect the Nordic seafarers. Questions central to the work are aimed primarily at how shipping companies, agencies and seafarers active in the offshore industry look at future activity in the North Sea, Nordic seafarers' status in the global labor market, and how today's employment conditions look like for seafarers in the global offshore industry. The majority of the information was collected through interviewes and questionnaires. The purpose of this study was to examine whether and how the expected development in the North Sea, in terms of availability of oil and gas, may have effect on the Scandinavian seafarers' future work prospects and employment conditions in the global offshore labor. The conclusions that have been drawn are that competition among seafarers in the offshore industry is higher 2015 than previous years (2000-2014) and are expected to increase.

The aim of this thesis is to investigate which the main determinants of capital structure in Swedish listed firms are and to identify which incentives lies behind managers choice of capital structure determinants. Further, the study investigates whether the Post Keynesian theory and theories which incorporate behavioral aspects can be used to explain the capital structure decisions or if the traditional Neoclassical theory give an better explanation. We have used a qualitative method to analyze the determinants of capital structure and the managers incentives behind capital structure decision. We conducted a survey which was sent to 83 Chief Financial Managers and financial executives in Swedish firms listed on Mid Cap or Large Cap. The questionnaire was on-line which enabled for the respondents to quickly and convenient respond.

VentureCapital-­investeringargörsgenomVentureCapital-­?bolagvilkaärfinansiellaintermediärersomtillfredsställerbehovetavenmarknadslösningsomkopplaråenasidanefterfråganpåkapitalförinvesteringariteknologiskutvecklingochinnovationmedåandrasidanefterfråganpåplaceringavkapitalsominteskallanvändasförkonsumtionidag.EftersomdetfinnsenbegränsadförståelseförsambandetmellanVentureCapital-­?investeringarochinnovationharvivaltattgöraenexplorativstudieförattundersökadettasamband.Genomtvåfallstudier,investeringsdataochpatentdatakombineratmedenutförliglitteraturstudie,harstudienvisatpåhurettsambandmellanVentureCapitalochinnovationskullekunnamätassamtsvårighetersomuppkommervidmätandet.Utifråndettaharstudienvisatettpotentielltsambandvilketanalyseratsurettsamhällsekonomisktperspektiv.MajoritetenavinvesteringarnainomVentureCapitalärpensionskapital,sominvesterasgenomexempelvispensionsfonder.DärförärdetintressantattundersökasambandetmellanVentureCapital-­?investeringarochinnovationurettsamhällsekonomisktperspektivvilketharbelystsidennarapport.Ihuvudsakskallrapportensessomenpilotstudieförattökaintressettillfortsattforskninginomområdet.VidaregerrapportenexempelpåförslagtillvidareforskningsomkanökaförståelsenförhurmankanmätaochförståettsambandmellanVentureCapitalochinnovation.Dårapportenavgränsarsigtillattendaststuderadettasambandinominformations-­?ochkommunikationsteknologihadedetexempelvisvaritintressantattstuderasambandetinomandraindustrier..

Background: Today there are high claims on organizations to show a positive economic view. To satisfy the demands and expectations from interested parties it is very important to carefully plan the companies tied up capital and cash flows. Purpose: The purpose with the thesis is to describe what actions organizations take to resolve the conflict between showing a positive cash flow and the need to tie up capital.The purpose is also to explain the different factors that must be considered when making decisions regarding cash flow and capital tied up. Method: A qualitative study of the actions and factors wich must be considered when decisions in swedish construction companies are made regarding cash flow and capital tied up. Results: A model of the factors and actions that affect cash flow and capital tied up in projects.

The purpose of this thesis is to test whether firms have target capital structure, and if so with what speed they adjust toward this target. Findings that support this purpose are also in line with the trade off theory. One of the key elements of this thesis is the method used, which successfully enables fulfilling the purpose. The panel data method captures the data characteristics of the cross sectional and time series dimension. By using this approach the dynamic effects of capital structure can be studied, thus if there actually is an adjustment towards a target the speed can be estimated.

The report is a result of a bachelor thesis at the department of business administration, School of Business, Economics and Law, Gothenburg University, spring term 2008. The study examines the potential return of Swedish Venture Capital firms? Cleantech investments, carried out in 2006 and 2007, compared to the return on their other investments.The study has identified a number of factors affecting the return. These have been classified within three areas: the characteristics of the Venture Capital investment, the characteristics of the Venture Capital firm and the market potential for Cleantech. The impacts on potential return for these factors are investigated by means of an interview survey with 18 Swedish Venture Capital firm covering 45 investments in Cleantech.Our research indicates a worse potential return on Cleantech investments compared to other investments.