Studien baseras på aktiekurser inhämtade för samtliga företag listade på S & P 500 och NASDAQ under perioden 1995 till 2015 som haft en kreditbetygsförändring från investeringsgrad till icke investeringsgrad eller vice versa. Kreditbetygsförändringar har inhämtats från Capital IQ. Underlag för aktiekurser och kontrollvariabler har inhämtats från Thomson Reuters Datastream. Studien finner signi

Titel: Utdelningshöjning, en aktieägares välsignelse? - En empirisk studie om utdelning och dess påverkan på Svenska företag Seminariedatum: 2015-06-04 Kurs: FEKH89, Examensarbete i finansiering på kandidatnivå, 15 hp Författare: Niklas Fossum, Martin Jönsson, Magnus Skog och Kim Soléus Handledare Tore Eriksson Fem nyckelord: Utdelningar, överavkastning, Large Cap OMX Stockholm, signaleringseffektTitle: Dividends change, a stockholders blessing? – An empirical study on the effect of dividend on Swedish companies. Seminar date: 2015-06-04 Course: FEKH89, Degree Project Undergraduate level in Corporate Finance, Business Administration, 15UPC Authors: Niklas Fossum, Martin Jönsson, Magnus Skog och Kim Soléus Advisor Tore Eriksson Key words: Dividend change, abnormal return, Large Cap OMX Stoc

Mexico, the second largest economy in Latin America, has almost eradicated extreme poverty according to the Millennium Development Goals; however, official statistics show that by national standards poverty levels are still quite high, reaching up to half its population. This paper looks into how the determinants of poverty in Mexico have evolved after the last major economic crisis the country ex

This explorational study seeks to explore and evaluate the correlations between attitude towards psychology and knowledge about psychology, previous experience in psychology, emotional intelligence, worldview, in- and outgroup. Results found a negative correlation between emotional intelligence and a positive attitude towards psychology, a negative correlation between previous experience of psycho

The road haulage industry is a fundamental part of today’s society. The companies of haulage stand before a challenge, as the environmental and economic sustainability demands are increasing. The automotive industry tries to meet these demands by developing intelligent systems that will decrease the fuel consumption. The two systems, predictive controller and platooning, are two intelligent solut

Over decades companies co-created products together with customers. The rise of social media has created new possibilities of collaboration and changed the way how companies can interact with customers. Social media features play a significant role in online co-creation projects, because they enable companies to engage in an active dialogue with their customers. The purpose of this thesis is to pr

Oxytocin (OT) is a small neuropeptide, which is present in human plasma at extremely low endogenous levels of only a few pg/ml. It is mainly involved during labour and lactation but it has recently also been found that OT is involved in social behaviours like bonding and feeling empathy. During the last couple of years, the interest in OT has been raised and due to the matrix complexity, it is ver

Thesis purpose: The central purpose is to deliver a theoretical and practical contribution to existing literature in the fields of brand identity as well as brand reputation and particularly brand communication as a connecting link, lying in between. Further, the authors attempt to provide thorough understanding of the influence of online brand communication on consumers’ decision-making process r

The direct involvement of S100 calcium-binding proteins A8 (S100A8) and A9 (S100A9) in numerous human diseases have been discovered more than 20 years ago, and they have ever since emerged as a very potent biomarker. Increased levels of S100A8 and S100A9 have been found in inflammation and various cancers. As complexes, they become crucial danger signals and act as endogenous activators of TLR4 (T

Sammanfattning Titel: Långsiktiga effekter av tillkännagivandet av aktieåterköp – En undersökning av reaktioner på den svenska aktiemarknaden Seminariedatum: 2015-05-27 Kurs: FEKN90 Företagsekonomi: Examensarbete på civilekonomprogrammet, 30 HP. Författare: Hampus Forsberg och Gustav Hall Handledare: Erling Green Nyckelord: Aktieåterköp, tillkännagivande, överskottskapital, marknadsvärde, book-to-Abstract Title: Long-term effects of the announcement of share repurchase - A study of reactions in the Swedish stock market Seminar date: 2015-05-27 Course: FEKN90 Corporate Finance: Master Thesis in Business Economics, 30 ECTS. Authors: Hampus Forsberg and Gustav Hall Supervisor: Erling Green Key words: Share repurchase, announcement, excess cash, market value, book-to-market Purpose: To investi

The impact of inflation on Treasury bills has not been studied for many years and hence the effects in modern time are unclear. The long term interest rates are theoretically more difficult to influence as future expectations needs to be changed. This study hence aims to mainly examine the effects of unanticipated inflation on the U.S. treasury bills but also the effects which unanticipated money

Purpose: The purpose of the essay is to examine creditors’ utility of component depreciation during the lending process. Methodology: The study is a case study with an inductive approach. The data were obtained through semi-structured interviews. Conclusions are drawn from an empirical basis. Theoretical perspectives: The theoretical chapter starts with a presentation of depreciations. Then foll

Syftet med uppsatsen är att undersöka om företag som tar ett stort ansvar och aktivt jobbar med hållbar utveckling inom miljöfrågor har genererat en över- eller underavkastning jämfört med företag som inte har en lika tydlig strategi inom hållbar utveckling inom miljö. Uppsatsen utgår från en kvantitativ ansats där empirin bygger på insamlad historisk kursdata från utvalda aktier på StockholmsbörsIn the 1980s the term sustainable development was introduced and became, due to the UN report “our common future”, a wide spread concept. This and the awareness of the general public lead to the implementation of an extensive environmental policy within the Swedish legislation. Companies have different ways of approaching the policy regarding the environment; some do the bare minimum and others ha

The objective of this thesis is to investigate how public Swedish family firms managed to perform during the most recent recession that started in 2008. Accounting data is combined with information regarding ownership structure to examine family firms’ performance in comparison to non-family firms. Our evidence implies that family firms perform better in terms of operating performance (return on a

The purpose of this study is to investigate the extent to which the composition of the board of directors determines directors’ remuneration in Swedish listed companies. The method approach is quantitative and deductive and a multiple linear regression model analyzes the panel data. The theoretical framework consists of previous research on board compensation and theories such as agency theory, re

BACKGROUND: Obesity has been increasing in both developed and developing countries. One of the prevention strategies is controlling energy intake. The objective of this research was to examine the effects of four designed whole grain products, i.e. WG 100, WG 50/50, WG 50/50 + RS and KWWB, on colonic fermentation and appetite variables in healthy subjects. METHODS: The determination of dietary fib

”Cross-boundary Antifashion - Subversive fashion and subcultural styleicons as a source of inspiration within contemporary mainstream fashion” is a bachelor thesis themed, as the name suggests, on how subversive fashion is diffused to a mainstream context. The main purpose of this thesis is to contribute to the current discourse and earlier studies of subcultural fashion by filling a gap of knowle

Previous studies indicated that skylights can improve the daylight conditions in house or office buildings, decrease the electricity demand for lighting, provide natural ventilation and reduce the heating demand through passive solar heat gain exploitation. This thesis analyses the effect of skylights on the energy use, daylight conditions and thermal comfort in a classroom. The study is performed

Syftet med den här studien är att fördjupa förståelsen för chefskap i en icke-kunskapsintensiv organisation utifrån en könsdimension. Som ett medel för att uppnå detta använder sig studien av två hjälpfrågor: Hur pratar följare om chefskap? Hur utvärderar följare chefskap? Genom att analysera detta, är ambitionen att ge en fördjupad förståelse för chefskapets komplexitet. För att uppnå syftet med

Syfte: Att undersöka skillnader i konsumenters facebookbeteende angående företags aktiviteter på Facebook beroende på om dessa är lokala eller nationella/internationella. Vidare undersöker studien om det finns något som kännetecknar konsumenter med preferenser gentemot lokala företag på Facebook. Metod: Vårt vetenskapsteoretiska perspektiv i denna uppsats är positivistiskt. Vidare har vi haft enPurpose: To investigate differences in consumer’s Facebook behavior, regarding companies’ activities on Facebook, depending on weather these activities are performed by local or national/international companies. Furthermore, we investigate if there is any distinguishing attributes consumers possess, if they have favorable preferences towards local companies’ activities on Facebook. Methodology: O