Seminar Date: 2024-05-29 Course: BUSN79 - Degree Project in Accounting and Finance Authors: William Gustafsson and Jacob Linder Examiner: Anna Glenngård Five key words: CEO letters, sentiment analysis, agency theory, firm performance, Tobin's Q. Purpose: Discern with the help of a new machine learning model whether the sentiment expressed in CEO letters can offer meaningful insights into

Title: Estimating the Impact of ESG scores on Firm Value and Cost of Capital - A Quantitative Study Across European Firms Purpose: The purpose of this paper is to investigate the impact of Environmental, Social, and Governance (ESG) scores on firm value and cost of capital across various market capitalizations, with a focus on small, mid, and large cap companies in the European Union. Methodology:

This thesis explores the effectiveness of internal whistleblowing mechanisms in a German company, focusing on their establishment, maintenance, and the influence of institutional pressures. This qualitative study employs a single case study methodology, gathering empirical data through semi-structured interviews with employees and compliance experts at a large German agricultural company. By analy

This paper seeks to further explore the determinants that lead Nordic firms to raise capital through foreign debt issuance rather than domestic debt. Specifically, this study mainly analyzes the firm-specific and bond-specific factors that tend to influence firms to issue bonds in foreign markets. This paper uses quantitative data collection with a Deductive Research Approach. Both Linear Probabil

Abstract Title: Beyond the Numbers - A Study on the Effect of Managerial Judgment on Operational Risk Hand-In Date: 24th May 2024 Seminar Date: 30th May, 2024 Course: BUSN79 - Degree Project in Accounting and Finance Authors: Christian Brams & Felix Walter Persson Advisor: Elin Funck Five Keywords: Managerial judgment, Operational risk, Heuristics, Decision-Making Process, Economic- and

Existing literature has yet to cover the enabling factors of how firms manage international growth while bootstrapping. This study contributes to the literature by delving into the intricate relationship between bootstrapping, scalability, and international growth in the context of financially independent firms aiming to achieve a multinational status. The study sheds light on how entrepreneurs ma

This thesis investigates the applicability and legitimacy of the relative valuation method within the Software-as-a-Service industry by comparing the implied enterprise values of SaaS companies in transactions to values estimated using peer group valuation multiples. To achieve this, a sample of 66 Nordic M&A and private placement transactions completed between 2020 and 2024 were selected for

This study examines the influence of organizational culture on Management Control Systems (MCS) in international startups. It uses a qualitative case study of a startup in the sharing economy sector, which is presented under the pseudonym CompanyX. The research aims to understand how cultural values influence MCS design and effectiveness, specifically through examining what CompanyX refers to as K

The interplay between ESG scores and stock performance continues to captivate investors and researchers alike, yet consensus remains elusive, highlighting the need for further academic endeavour. This thesis investigates the impact of a company's ESG score on its stock performance in terms of expected returns. Specifically, it examines disparities in this relationship between two case countrie

This thesis investigates the dynamics of crowdfunding especially in the green technology sector, by examining how the differences in national and cultural contexts influence investor contribution. A comparison is made between the UK and Germany under cultural, economic, and regulatory factors using crowdfunding campaigns of 60 green tech companies, split equally between the two countries. Findings

This study aims to explore how firm decision-makers view the role of external Carbon Dioxide Removal (CDR) investment in relation to sustainable value creation (SVC) and competitive advantage. To investigate this novel and broad topic, the study develops a tentative framework for how CDR could potentially create competitive advantage through SVC. Consequently, the paper utilized a qualitative mult

Urban Lives emphasizes the importance of a micro-level approach in examining the lives of individuals and families in an industrial city, spanning over a century. The work deepens the understanding of major societal shifts and how they are intertwined with demographic behavior over the past 120 years. These societal transformations encompassed groundbreaking advancements in living standards, a rel

This chapter describes the long-term social, economic, demographic, and political development of Landskrona, a mid-sized industrial city in southern Sweden. Around 1910, the population was about 15,000 and the demographic structure of the city was in line with other emerging industrial cities in Sweden. Industrial activity expanded, with some shorter periods of crisis, until the late 1960s. In mos

We have studied whether dissociation of the S2B sulfide ligand from one of its two coordinating Fe ions may affect the later parts of the reaction mechanism of nitrogenase. Such dissociation has been shown to be favourable for the E2–E4 states in the reaction mechanism, but previous studies have assumed that S2B either remains bridging or has fully dissociated from the active-site FeMo cluster. We

Bakgrund: Kvinnor som upplevt våld i nära relation (VINR) har en högre tendens att genomgå operativa ingrepp. Vikten av att identifiera tecken och symtom är avgörande för att vårdpersonal ska upptäcka våldsutsatta kvinnor. En god utbildning inom VINR ger förutsättningar för vårdpersonal att fråga om våldsutsatthet och hjälpa utsatta patienter. Syfte: Syftet var att beskriva operationssjukskötersk

A team of clinical researchers at Lund University found that electromagnetic radiation, such as that used in GSM-900 mobile telephones, at low non-thermal power values (