Finance Project Reports, Thesis, Financial Management Papers

Trading upon not released, insider, information is an illegal activity. Trading in shares that can be assumed to perform in a similar way based on the same information is legal, and potentially profitable. The goal ...

The purpose of this thesis would be to examine the legal situation regarding the IFRS-transition in Sweden. Sweden includes a close linkage between accounting and taxation, meaning accounting rules have a material effect on taxation. ...

This thesis investigates the tendency to herd by 124 Swedish equity mutual funds over the period of 2000 to 2007. By employing the measure developed by Lakonishok et al. (1992) we find strong evidence of ...

This thesis will focus on the relation between funds performance and the fund managers. Since there is reason to assume that the manager personally brings an effect to performance, there should also be reason to ...

This paper sets out to examine whether shareholder activism can be an effective governance mechanism, i.e. if it can increase firm performance to the benefit of shareholders. We have based our study on examining and ...

The life insurance business is currently going through a lot of changes. The turmoil in stock markets during the last years has made regulators realize that there is a greater need for risk management and ...

There are many rationales for firms to use leasing as a financing alternative. Today, leasing is a widely used means for asset acquisition and constitutes a considerable part of firms’ total capital investments. In Japan, ...

This paper studies the importance of liquidity in determining security returns. The study is conducted on the Stockholm Stock Exchange, 1901-1919, a market which at the time suffered from low market turnover. We find out-of-sample ...

One shortcoming in the existing models for credit scoring is the assumption that all borrowers are at-risk, i.e. they must default in the long run. With this assumption, the models’ performance gets skewed in the ...

Historically, it has been difficult to obtain solid data on stock market liquidity for large parts of the world. In recent years, however, the availability of data has improved, but does still have troubles with ...