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.

During the past 20 years, the price of forest estates in Sweden has raised more than the price of timber. The purpose of this study is to investigate if it, despite this development, is possible to buy a forest estate based on economic grounds. Different forest parameters will also be studied to analyse their effect on the profitability. The study is done in cooperation with the company LRF Konsult. Purchase price of 34 forest estates near the coast of Norrbotten, Sweden, has been compared to yield valuation. For the valuation, guidelines from the Swedish author Lantmäteriet was used.

Based on the Migration Board's statistics report, the number of children that has gone missing within a time interval of 4 years (2010-2014) comprises 1331 children in total, of whom 146 are girls and 1185 are boys. A rising interest about what has happened to those children created a fundamental platform for this thesis. By reading Åkerman?s report from 2012, and the book De förlorade barnen: en rapport by Mikkelsen and Wagner (2013) the curiosity grew deeper. The research questions that were established were divided into three parts.

Från kunskapens öar till den ömsesidiga insiktens fastland Ett pedagogiskt utvecklingsarbete för en personalutbildning med förankring i praktiken Anne Johansson Olsson Sammanfattning Denna uppsats redovisar ett utvecklingsarbete kring utformandet av en så kallad arbetsplatsanpassad utbildning. Arbetet bedrevs i samverkan mellan Transkulturellt Centrum (TC) i Stockholms Läns Landsting och Lina Hage samt Wasa vårdcentraler i Södertälje. Projektet syftade till att via inledande arbete, inventering av utbildningsbehov, utbildningsplanering, genomförande och utvärdering skapa en modell för en utbildning med fokus på vårdpersonalens möte med patienter som har erfarenhet av migration. Vårdcentralerna stod i början av 2007, i begrepp att inleda ett arbete med en delvis ny patientgrupp, asylsökande och nyanlända flyktingar samt anhöriginvandrare. Arbetet innebar ett förbättrat och utvidgat mottagande med erbjudande om hälsosamtal och till de asylsökande även en primärvård som motsvarade den övriga befolkningens.

As a part of the fight against the global warming the energy production needs to be more efficient and redirected towards sustainable options. One alternative is cogeneration, which means that electricity and heat is produced in one plant. The purpose with this survey is to examine if there are any commercial available combined heat and power techniques, based on combustion of solid moist biomass, which are suitable to small-scale applications. The technique must be able to produce between 2 and 10 MW thermal and the heat demand is a Swedish district-heating system. When already published reports had been studied, the Organic Rankine Cycle (ORC) was chosen as the most suitable technique.

This study is about children that have been forced to flee to another country, due to conflict, poverty or natural disasters, without their families. They are known as unaccompanied refugee children. The aim of the study is to, by focusing on individual children's feelings and experiences of being forced to flee create greater knowledge and understanding of what is hidden behind some of the statistic of migration.To answer the aim of the study, I used the following research questions: How is a child affected by being forced to leave home and to flee to a foreign country? How does an unaccompanied refugee child perceive the exodus? How do the unaccompanied refugee children handle their situation during the flight and at arrival in Sweden?The study is based on a qualitative method and consists in semi-structured interviews with five unaccompanied refugee children aged 17 to 21. The theoretical framework is based on three theoretical concepts; refugee crisis, identity and coping.The study results show that these children are a very vulnerable group, who were forced to be exposed to several losses and traumas.

Syfte: Huvudsyftet med studien är att undersöka om avkastningen på den svenska aktiemarknaden påverkas av terroristattacker. Delsyftet är att vid en eventuell påverkan undersöka om reaktionen skiljer sig mot landet där attacken skett samt hur lång tid det tar för de olika aktiemarknaderna att återhämta sig.Teoretiskt perspektiv: Den teoretiska referensramen utgörs av teorin om den effektiva marknadshypotesen samt behavioral finance med fokus på flockbeteende.Avgränsningar: I studien undersöks åtta olika terroristattacker och dess påverkan på aktiemarknaden i Sverige och landet där attacken skett.Metod: Studien är kvantitativ och använder ett deduktivt angreppssätt. För att besvara frågeställningarna tillämpas en eventstudie där två eventfönster används. Ett eventfönster på en dag och ett längre på elva dagar samt en estimeringsperiod som omfattar 30 dagar. Insamlad data används för att mäta den avvikande avkastningen som eventuellt uppstår efter att en terroristattack ägt rum vilket säger om attacken haft någon påverkan.Slutsatser: Terroristattacker har en påverkan på den svenska aktiemarknaden och i de flesta fall är påverkan negativ.

Real estate financing is one of the key figures for financial success and fundamental to asuccessful business. Funding will come in several different ways, from existing cashflows andassets to new capital requirements which are aimed at different markets.These markets are constantly changing and since the recent financial crisis, there have beenadjustments and austerity measures which led to that the banks have become more restrictive intheir lending.The real estate industry is characterized by both long-term and short-term thinking that ischaracterized by a solid continuity. Our thesis discuss how the demand is in the real estatebusiness and how mature the Swedish market is for junior financingwith focus aroundmezzanine debt and where are we headed in the near future.We've reached out to the key players in the industry on both the buy and sell side of real estatefinancing but also people between lenders and borrowers that handles transaction advice. Tohave been able to implement the analysisa survey and simulation of an investment calculationwas created. This questionnaire was answered by many real estate companies with senior peoplethat had operational positionsmost associated with corporate commitments.

BACKGROUND The economic crimes related to the taxation authorities (SKM), aim at evading paying taxes and/or wrongly obtaining tax revenue. SKM has noticed that many newly established companies have intended to be carried on, only for a short period of time and with the aim of generating grant-revenues and in the meantime omit to pay or wrongly account for taxes. SKM wants to investigate the possibilities to develop a method of analysis to identify those corporations. PURPOSE The purpose of this essay is to make a survey of, and identify companies, who fail in their obligations concerning income-tax return and paying taxes and charges and to try to see what is characteristic for those companies in order to find out a method of analysis. Further a study of literature will be done especially concerning who will commit economic crimes and the reasons why they do it.

Målsättningen med uppsatsen är att genom en litteraturstudie ge en bild av hur kvinnor segregeras på arbetsmarknaden i Afrika söder om Sahara. Befolkningsförflyttningar, migration, krig, katastrofer, sjukdomar, förlust av arbetskraft, nerbrytningar av sociala institutioner, förändrade inhemska sociala och ekonomiska mönster, och minskade möjligheter till utveckling har drabbat kvinnorna i Afrika söder om Sahara sedan kolonialtiden. Historiska bevis indikerar att afrikanska kvinnors deltagande i det ekonomiska och politiska livet var djupt rotat på den afrikanska kontinenten. I många afrikanska samhällen hade kvinnor ett politiskt inflytande, om inte formellt så i vart fall informellt. Idagens Afrika söder om Sahara har kvinnor färre möjligheter än män.

Recently, the selections of ethical funds are increased; at the same time investors with social and moral preferences have increased in the capital market. There are currently debates on whether ethical funds perform better or worse than funds without ethical criteria. This also involves a vivid discussion on whether investors know about the consequences of investing in ethical funds. Therefore, this study involves theories about the rationality and decision theory, in addition to what mainly control the investment decisions. The study also discusses portfolio theory since this is one of the underlying theories behind fund management and its development.The purpose of this study is to explain if ethical limitations in the selection of securities affect risk and return in the fund portfolio.

The Iranian artist Shirin Neshat has been living in self-imposed exile since the late 1970s, as she chose not to return to her home country following the ?79 Islamic Revolution. Through her works Neshat examines Iran before and after the revolution and follows political and civil transformations through strong photographs of women in her country of birth.  My own use of the term exile deals with the analysis of the state of exile in relation to artistic work as a globalized and underlying motivation for art and artists. The new definition of exile is analyzed in relation with the artist?s photographs and the verbal and visual statements.

Bakgrund: Globalt ses en ökad internationell migration där Sverige varje år tar emottiotusentals asylsökande. De asylsökandes rättigheter skyddas av internationelladeklarationer och konventioner om mänskliga rättigheter, där rätten till hälsa ärcentral. Ändå lider asylsökande av hög grad av ohälsa, mycket till följd av derasstatus som asylsökande och den utsatthet som det medför. Att dessutom vara gravidgör dem extra utsatta trots att de har rätt till mödrahälsovård på samma villkor somicke-asylsökande i Sverige, då de inte har rätt till övrig sjukvård. Barnmorskor inommödrahälsovården arbetar för vård på lika villkor utifrån kompetensbeskrivningen ochden etiska koden, men utifrån lagstiftningens begränsningar riskerar barnmorskornaställas inför professionsetiska dilemman i vården av asylsökande gravida kvinnor.Syfte: Att förstå hur barnmorskor upplever det är att vårda asylsökande gravidakvinnor inom mödrahälsovården i Sverige.

The purpose of this paper is to examine the constructions of sexuality, which are produced when judgments concerning asylum are made, based on an asylum seeker?s sexual orientation. The question formulations are the following: Which constructions of sexuality are produced when necessary condition, fear of persecution due to sexual orientation, is applied in judgments regarding refugee status? Furthermore, how constructions of sexuality differ in the judgments where the asylum seeker has been consented and rejected is investigated. The empirical material consists of 13 judgments, which were announced between the years 2009-2013 by the Migration court.

Since Sweden joined the EU in 1995 there has been a noticeable increase in the value of arable land occurred. This paper is intended to study the inflation of farmland prices. In order to ascertain what affects the market prices so much since Sweden affiliated with the EU three regions has been selected for a detailed study on the subject. These three regions are selected because each of them represents different parts of the Swedish farmlands. The time period that has been examined is the year 1995 until 2009.The price raises in the three observed regions was overall fairly even at the end of the studied period.