To see the other types of publications on this topic, follow the link: Financial benefits.
Dissertations / Theses on the topic 'Financial benefits'
Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles
Consult the top 50 dissertations / theses for your research on the topic 'Financial benefits.'
Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard, Chicago, Vancouver, etc.
You can also download the full text of the academic publication as pdf and read online its abstract whenever available in the metadata.
Browse dissertations / theses on a wide variety of disciplines and organise your bibliography correctly.
1
Smith, Christelle. "The mandatory adoption of International Financial Reporting Standards and financial statement comparability : South African evidence." Thesis, University of Pretoria, 2017. http://hdl.handle.net/2263/62682.
Full textAbstract:
In this study, I examine whether the mandatory adoption of International Financial Reporting Standards (IFRS) in a country where local Generally Accepted Accounting Principles (GAAP) is of similar quality to IFRS is associated with changes in the comparability of financial statements. I also investigate the sources of any changes in the comparability of financial statements. I use data from South Africa, where, word for word, prior to the mandatory adoption of IFRS, local GAAP was the same as IFRS, and enforcement remained unchanged. I use two different measures of comparability, one based on accounting data (accruals-cash flow measure) and the other based on both accounting data and market data (earnings-return measure). I compare South African firms with two different groups, namely other mandatory IFRS adopters and non-adopters. My data show evidence of an increase in the comparability of the financial statements of South African firms with those of both adopters (both measures) and non-adopters (the earnings-return measure) following the mandatory adoption of IFRS. In additional analysis, I found a global increase in the comparability of firms' financial statements that is consistent with market changes unrelated to IFRS adoption as one of the sources of the increase in comparability. Moreover, an incremental increase in the comparability of the financial statements of South African firms after the mandatory adoption of IFRS, relative to the increase in the comparability of the financial statements of non-adopting firms, is consistent with benefits from using the IFRS "label" and with the expanded IFRS network as sources of increased comparability.Thesis (PhD)--University of Pretoria, 2017.
Accounting
PhD
Unrestricted
2
Hallman, T. "Economics in transition: the “triple-bottom line” of financial, social benefit, and environmental benefits." Thesis, Видавництво СумДУ, 2009. http://essuir.sumdu.edu.ua/handle/123456789/13451.
Full text
3
Yeung, Andrew A. "Exploring the financial benefits of U.S. arms export production." Thesis, Monterey, California. Naval Postgraduate School, 2010. http://hdl.handle.net/10945/4980.
Full textAbstract:
Approved for public release; distribution is unlimitedThis research examines the role of arms export production in achieving financial cost savings to the U.S. Department of Defense (DoD). A review of three theoretical benefits, identified by arms trade scholars, that DoD enjoys as a result of arms export production shows that there is some merit to the claim that unit costs may be lowered as a result of exports. Using the F-16 fighter aircraft as a case study, this research employs financial cost analysis using cost improvement curves to estimate the extent to which DoD benefitted in terms of reduced per-unit costs through concurrent export production. This research makes a significant contribution to the cost analysis and arms exports literature by quantifying commonly purported financial benefits attributable to arms export production.
4
De, Jesus Carlos. "Are there benefits to diversification across the largest African stock markets?" Master's thesis, University of Cape Town, 2016. http://hdl.handle.net/11427/20336.
Full textAbstract:
This study examines the co-movements of selected African stock exchanges, including Nigeria, Morocco, Egypt and South Africa, as well as the USA, in local currency and in USDt erms, for the period January 2004 to June 2014. The study sheds light on African market cointegration before, during, and post the financial crises of 2007/2008 to identify whether there are benefits to diversification in stock exchanges across Africa and how this has changed over time. Only the four biggest exchanges are examined, to eliminate the effects of illiquidity and ensuring the size of indices used result in conclusions that are practical to investors. This study looks at short and long term relationships using correlation, cointegration, and the direction of the relationships using causality tests. It finds low correlations between all African exchanges and the USA, with the exception of South Africa, which did show significant correlation with the USA. We find no consistent cointegration relationships over the periods tested. There are no consistent causality relationships between the various countries. The implication of these results are that there are likely benefits to diversification across the four African exchanges examined.
5
Mejtová, Jana. "Analýza péče o spolupracovníky ve společnostech OVB Allfinanz, a.s. ČR a Partners Financial Services, a.s." Master's thesis, Vysoká škola ekonomická v Praze, 2015. http://www.nusl.cz/ntk/nusl-205476.
Full textAbstract:
The aim of my thesis is an analysis of workers´ care and team-building activities of two previously chosen financial-consulting companies. The theoretical part focuses on the definition of the fundamental concepts of workers´ care and teambuilding. Next two chapters deal with characteristics of each company in terms of defined monitored aspects, it means in terms of workers´ care and team-building activities. The outcome of the practical part is an analysis of the research among workers of both companies in terms of workers´ care and team-building activities. Finally, I evaluate both aspects in those companies and suggest recommendations to improve these areas.
6
Walldoff, Joakim. "Diversification benefits for Swedish investors : A comparison of benefits from before and after the financial crisis 2007/2008." Thesis, Internationella Handelshögskolan, Högskolan i Jönköping, IHH, Nationalekonomi, 2019. http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-45577.
Full textAbstract:
Background: Investing internationally is easier than ever before, with the rise of the internet, unification of accounting standards, and faster flow of information. Yet, many argue that due to increasing global equity market correlations, it is getting increasingly hard to attain benefits from international diversification. Therefore, it is important to know if there are any benefits attainable from international diversification for Swedish investors. Purpose: The purpose of this thesis is to investigate if there are any benefits achievable from international diversification for Swedish investors, if those benefits have changed from before and after the financial crisis in 2007/2008, as well as where Swedish investors might attain the greatest benefits from diversification; namely in developed- or emerging markets. Method: Correlations are measured over the time periods before and after the financial crisis, using both a 61-month correlation window (the entire periods) as well as a 12-month rolling correlation window. To test diversification benefits, different portfolios are created using the Markowitz Portfolio Optimizer, such as a Maximum Sharpe portfolio and an Equal Weighted portfolio. Conclusion: Correlations have increased from before and after the financial crisis, both for developed- and emerging markets. Diversification benefits exist for Swedish investors, but they have decreased from before and after the financial crisis, and they appear slightly greater in emerging markets than in developed markets.
7
Bengtsson, Johan, and Johannes Edebol. "Radio Frequency Identification : Evaluationg supply chain benefits from a financial perspective." Thesis, Jönköping University, JIBS, EMM (Entrepreneurship, Marketing, Management), 2007. http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-846.
Full textAbstract:
Context. This thesis takes an opportunity perspective. Radio Frequency Identification technology (RFID) has showed potential in enhancing and optimizing supply chains. For Pan Nordic Logistics (PNL), this represents an interesting opportunity and a possibility to enhance goods flow, increase quality, and gain competitive advantage.
The study. This study has looked at how RFID could benefit PNL. A number of opportunities have been identified. Of these opportunities, the ‘Hub’ in Jönköping has been analyzed in further detail. The current logistics process has been mapped out in order to determine where in the logistics process the technology could have the optimal impact. Since it is not possible to perform a full financial evaluation without benchmarking and measuring the effects of RFID, a framework have been provided for future measurement, evaluation, and implementation.
Findings and recommendations. This study concludes that an RFID implementation at the ‘Hub’ in Jönköping is ‘most likely’ to be financially feasible. RFID is a promising technology that should be taken to the next level. A small-scale implementation is recommended in order to ‘try out’ the technology and to fully evaluate how it could be adapted to fit existing solutions of PNL such as computer systems. If implemented, this trial should serve to map out the financial side of the technology using the provided framework. It is currently neither possible, nor feasible to fully understand the financial impact of the technology. Such a forecast would be imprecise and possible misleading.
8
Delport, Jaco. "An economic and financial evaluation of the health benefits of electrification." Master's thesis, University of Cape Town, 1995. http://hdl.handle.net/11427/18288.
Full textAbstract:
The health benefits of a national household electrification programme are investigated. Cognisance is taken of the lack of utilisation of electricity by newly electrified households. The impact of electrification on air pollution levels and paraffin utilisation is investigated to establish the effect on morbidity due to respiratory infection, paraffln poisoning and bums. The reduced demand for health services stemming from a reduction in morbidity is quantified and its macroeconomic implications investigated. The implications that the results of this quantification process holds for the financing requirements of a national household electrification programme as well as the microeconomic factors underlying the success of such a programme are highlighted. Chapter 1 outlines the methodology that will be used to firstly establish the expected switch to electricity as sole energy-carrier by newly electrified households, secondly to establish the health implications of such a switch, and thirdly to quantify these health implications. Chapter 2 reports the results of the modelling exercise, chapter 3 the resulting health implications and chapter 4 the quantification process. Chapter 5 looks at the macroeconomic implications of the health benefits of electrification. Chapter 6 investigates the impact of the results of this thesis on the financing requirements of the electrification programme. Bibliography: pages 63-68.
9
Giuricich, Mario Nicolo. "Benefits of a Tree-Based model for stock selection in a South African context." Master's thesis, University of Cape Town, 2014. http://hdl.handle.net/11427/8515.
Full textAbstract:
Includes bibliographical references.Quantitative investment practitioners typically model the performance of a stock relative to its benchmark and the stock's fundamental factors in a classical linear framework. However, these models have empirically been found to be unsuitable for capturing higher-order relationships between a stock's return relative to a benchmark and its fundamental factors. This dissertation studies the use of Classification and Regression Tree (CART) models for stock selection within the South African context, with the focus being on the period from when the Global Financial Crisis began in early 2007 until December 2012. By utilising four types of portfolios, a CART model is directly compared against two traditional linear models. It is seen that during the period focused upon, the portfolios based on the CART model deliver the best excess return and risk-adjusted return, albeit in most cases modestly above the returns delivered by the portfolios based upon the linear models. This is observed in the hedge-fund style and long-only portfolios constructed. Moreover, it is observed that the CART-based portfolios' returns are not correlated with those from the linear-model-based portfolios. This observation suggests that CART models offer an attractive option to diversify model risk within the South African context.
10
Bartkus, Algirdas. "The analysis of financial sustainability of old-age pensions and sickness benefits." Doctoral thesis, Lithuanian Academic Libraries Network (LABT), 2009. http://vddb.library.lt/obj/LT-eLABa-0001:E.02~2009~D_20090312_091029-84342.
Full textAbstract:
Purpose of this study is to identify and to evaluate the main trends in the development of old-age pensions and sickness benefits schemes (by designing social insurance system models) and to determine the possible ways how to increase the efficiency in consumption smoothing policy and how to increase the financial sustainability of the old-age and sickness insurance schemes.
This study searches for answers to the questions: how to maintain the consumption opportunities of beneficiaries, how to maintain a balance between the contributions paid and benefits received (the balance between the price paid and goods received), how to reduce the risk of budget deficit explosion and how to maintain the consumption opportunities of beneficiaries and insured. Consumption smoothing analysis focuses on the identity between the contributions paid and benefits received, on the analysis of replacement rates, on the analysis of pensioners to insured ratio (and on the possibilities of interpretation the analysis provide).
The study determined the cycles of Lithuanian social insurance system development, examined and evaluated three different pensions' indexation policies, examined and evaluated the utility and performance of second pillar pension funds and carried out the study of possibilities of raising the efficiency in Lithuanian sickness benefits scheme. This study helps to deeper the understanding of how population aging affects the economy and provides the materials for future... [to full text]Disertacijos tikslas – sudarant socialinio draudimo sistemos modelius, nustatyti ir išanalizuoti svarbiausias senatvės pensijų ir laikinojo nedarbingumo išmokų raidos tendencijas, atsižvelgiant į jas, pagrįsti efektyvumo ir tvarumo didinimo galimybes senatvės ir laikinojo nedarbingumo socialinio draudimo išmokų programose (srityse). Disertacijoje ieškoma atsakymų į klausimus: kaip palaikyti išmokų gavėjų vartojimo galimybes, kaip išlaikyti pusiausvyrą tarp sumokėtų įmokų ir gautų išmokų (pusiausvyra tarp sumokėtos kainos ir gautos prekių apimties), kaip sumažinti socialinio draudimo biudžeto deficito atsiradimo riziką ir palaikyti dirbančių asmenų ir išmokų gavėjų vartojimo galimybes. Vartojimo galimybių palaikymo efektyvumo įvertinimas apima tapatumo tarp sumokėtų įmokų ir gautų išmokų analizę, pakeitimo normos analizę, išmokų gavėjų ir dirbančių asmenų santykio analizę, šių rodiklių ir sąryšių interpretacijos atskleidžiamas galimybes. Disertacijoje nustatyti Lietuvos socialinio draudimo sistemos raidos ciklai, išnagrinėti ir įvertinti trys išmokų indeksavimo variantai, įvertintos antros pakopos kaupiamųjų pensijų fondų sistemos galimybės ir veiklos rezultatai, atliktas laikinojo nedarbingumo išmokų sistemos efektyvumo didinimo tyrimas. Šis darbas padeda geriau suprasti visuomenės senėjimo padarinius ir numatyti priemones būsimų procesų reguliavimui.
11
Sui, Xiaodi. "Financial costs and benefits of sourcing from factories with different risk profiles." Thesis, Massachusetts Institute of Technology, 2015. http://hdl.handle.net/1721.1/98729.
Full textAbstract:
Thesis: S.M., Massachusetts Institute of Technology, Engineering Systems Division, 2015. In conjunction with the Leaders for Global Operations Program at MIT.Thesis: M.B.A., Massachusetts Institute of Technology, Sloan School of Management, 2015. In conjunction with the Leaders for Global Operations Program at MIT.
Cataloged from PDF version of thesis.
Includes bibliographical references (pages 48-49).
Li & Fung is the leading consumer goods design, development, sourcing and logistics company for global retailers and brands. Its networks cover over 15,000 suppliers and 300 offices and distribution centers in 40 economies around the world. Supply chains in the consumer goods industry are facing challenges due to volatile commodity prices, increasing labor costs and increasing social, political and environmental risk, particularly in the emerging markets. Suppliers, supply chain intermediaries, global brands and buyers are all affected. In such an environment, there is a strong case for understanding the costs and benefits of working with factories with different risk profiles, not only from reputation and risk mitigation standpoints, but also from financial and operational perspectives. The goal of this project is thus to quantify the financial costs and benefits to Li & Fung of sourcing from factories with different risk profiles. The project introduces an end-to-end view of sourcing to quantify the "total cost of sourcing" based on business inputs such as customer, product type and factory performance. The total cost aggregates different costs such as: product cost, switching cost, merchandising labor cost, quality assurance cost and social compliance cost. A new variable - the Total Cost of Sourcing Multiplier - is introduced to allow comparison across a heterogeneous factory base. The new approach will increase the transparency in sourcing process, allowing more informed decision based on business inputs and identify factories with negative financial impact to Li Fung. The results showed: 1. The sourcing problem primarily lies within low-volume factories. However, a number of low-volume factories have low total cost of sourcing multiplier. 2. As a next step, business units should look into individual factories with low-volume and low cost multiplier and identify the drivers of low cost production. For supply chain managers attempting to compete with demand with cost, quality, compliance and risk, the total cost of sourcing model can be used to evaluate supplier network performance.
by Xiaodi Sui.
S.M.
M.B.A.
12
Fourie, Sonja. "Customer perceived benefits and loyalty programme effectiveness in the financial services industry." Thesis, University of Pretoria, 2018. http://hdl.handle.net/2263/67303.
Full textAbstract:
The effectiveness of loyalty programmes continues to be questioned, especially as their cost to firms increase together with their adoption rate across industries worldwide. Given the divergent industry specific findings predominantly focusing on the retail and airline industries, and the lack of previous consideration of important moderating variables type and timing of rewards, this study extended the research to service industries, investigating the effects of customer perceived benefits on loyalty programme effectiveness in terms of both attitudinal and behavioural loyalty.
Hypotheses established the extent to which reward design elements (customer perceived benefits and type and timing of rewards) develop customer relationships (perceived relationship investment and brand relationship quality) which are market-based assets driving future revenue for the firm, and resulted in customer loyalty in the financial services industry. A quantitative methodology and survey approach was adopted with a randomly selected stratified sample of respondents. The results supported the validity and reliability of the construct measures and a satisfactory adjusted SEM model fit.
The study provided industry-specific outcomes, indicating that social (integration with customer values), exploratory (exposure and access to relevant and timeous knowledge), monetary (financial value) and entertainment benefits drive customer loyalty in the financial services industry, with timing of rewards having no moderating impact and type of reward only impactful for consumers that prefer indirect (non-financial) exploratory and entertainment benefits. Importantly, the benefit of recognition was found not to have a significant influence. The study further supported divergent reward design elements as antecedents of customer loyalty across industries, as a result of the divergent nature of customer relationships between industries. Limitations of the research were consideration of customer characteristics, segments, and the relationship between attitudinal and behavioural loyalty.
The study’s theoretical contribution provides for a more comprehensive conceptual model of loyalty programme effectiveness, leveraging customer relationships which are grounded in market-based asset theory, as well as an empirical analysis of previously untested relationships between important variables. The research also confirms the requirement for industry-specific design elements for effective loyalty programmes. For practitioners, the findings provide guidance on design elements of an effective programme within the financial services industry.Thesis (PhD)--University of Pretoria, 2018.
Gordon Institute of Business Science (GIBS)
PhD
Unrestricted
13
Causey, John P. "Analysis of South African venture capital practitioners' views on the motivations, benefits and constraints of international syndication." Master's thesis, University of Cape Town, 2014. http://hdl.handle.net/11427/8563.
Full textAbstract:
Includes bibliographical references.The international syndication of venture capital investments has become an increasingly widespread phenomenon, but there is a lack of research which applies the already limited prior international research in this field1 to South Africa or other African countries. This research aims to begin that discussion, and take the first step in filling that gap of understanding. The main research questions addressed in this study: are local venture capital practitioners ready and willing to syndicate internationally, and what are the constraints to the formation of those transactions? The issues were examined by interviewing high level investment practitioners representing seven of the 21 nongovernmental VC firms belonging to the South African Venture Capital Associated (SAVCA). This data were influenced and shaped by other available sources of primary and secondary data. The results indicate that South African venture capital investors are ready and willing to syndicate internationally, however there are caveats to that broad statement which the ensuing analysis addresses. Additionally, it was found that there are significant and profound constraints to these transactions forming in South Africa. Those constraints are an unsupportive regulatory environment, negative perceptions by the international investor community of South Africa, small domestic deal sizes and the dearth of bankable ventures led by high quality management teams. Options for further research include a study of the attitudes of potential foreign VC professional partners to the option of syndication involving South African VC firms, and a more in depth investigation into the risks and constraints to South Africa-international syndication.
14
Wormald, Simon. "An analysis of the benefits of issuing convertible debt in South Africa: Shoprite Holdings Ltd case study." Master's thesis, University of Cape Town, 2013. http://hdl.handle.net/11427/11058.
Full textAbstract:
Includes bibliographical references.The aim of this paper is to investigate Shoprite’s decision to issue convertible bonds despite South African firms tending to favour traditional forms of debt or equity. The paper first revisits the theory on convertible debt to consider the possible reasons for why Shoprite elected to issue convertible debt, and then develops two models, the first to quantify Shoprite’s debt capacity and cost of debt, the second to value the convertible bond issue, and quantify the benefit, if any, that convertible bonds achieved as opposed to a straight debt or equity issue.
15
Harvey, Charles L. "Survey of current workplace requirements and financial benefits in the profession of audiology." Diss., NSUWorks, 2000. https://nsuworks.nova.edu/hpd_aud_stuetd/3.
Full textAbstract:
Professional Research Project Proposal (Report) Presented to the Au.D. and SPL.D. in Communication Sciences and Disorders in Partial Fulfillment of the Requirements for the Degree of Doctor of Audiology.
16
Van, der Ross Robert. "Identifying the benefits of social media within large financial institutions in South Africa." Thesis, University of the Western Cape, 2015. http://hdl.handle.net/11394/4966.
Full textAbstract:
Magister Commercii (Information Management) - MCom(IM)In recent years, the information systems / information technology industry has been one of the most fast growing industries. Regularly, existing technologies are being upgraded and new technologies are being introduced within the industry. For these reasons, business institutions have to stay abreast with market trends and understand what the market is doing. Since the inceptions of social media, a relatively new phenomenon within industry, institutions have to get on board in terms of using these technologies simply because of what the customers are doing. The augmentation of social media applications within business has proved valuable in the sense that institutions are capitalising on what the customers are really saying. Social media applications take many forms and in this particular paper, the benefits of social media within large financial institution will be analysed. The main aim is to identify the benefits of social media platforms and how large financial institutions are benefiting from these revolutionary communication mediums. In order to fully conceptualise the nature of this research study, it takes the form of a literature review at first, followed by empirical field research. Thereafter the research study uses case study methodology where interviews and survey questionnaires were used to make an in depth analysis of the benefits related to the financial companies. The outcomes of the study showed that there are many benefits of social media within financial institutions. The findings suggest that social media has the ability to enhance the brand, increase customer satisfaction as well as boost business services through innovation. Apart from this study adding to the existing body of knowledge, it could potentially create awareness of the benefits (if any) to financial industries and other industries as well and therefore could be advantageous. In essence, the study outcome could contribute to the improvement of current businesses.
17
Šerpytis, Karolis. "Evaluation of State‘s Financial Benefits from Centralization of Public Procurement (the case of Lithuania)." Doctoral thesis, Lithuanian Academic Libraries Network (LABT), 2012. http://vddb.laba.lt/obj/LT-eLABa-0001:E.02~2012~D_20120118_131058-32761.
Full textAbstract:
World financial and economic crisis encouraged government institutions to find ways for more efficient organization of public procurement. Therefore there is growing interest in public procurement centralization process. In the dissertation there are analyzed economic, management and law aspects of public procurement centralization. The aim of the dissertation is to create a model for evaluating state’s financial benefits from centralization of public procurement and to evaluate these benefits in the case of Lithuania. By generalizing scientific literature there are abstracted elements influencing formation of financial benefits from centralization of public procurement, also there are advantages and disadvantages of public procurement centralization being analyzed. By synthesizing scientific knowledge of purchasing management and auction theory, few hypotheses are raised to explain differences in prices between centralized and decentralized public procurement. Empirical research of public procurement centralization was conducted and based on research results evaluation of Lithuanian state financial benefits from public procurement centralization was carried out. Also causes of price differences between centralized and decentralized public procurement were defined. Generalization of research results enabled to do prediction of development for public procurement centralization.Pasaulyje 2008 metais kilusi finansinė ir ekonominė krizė paskatino valdžios institucijas ieškoti būdų, kaip efektyviau naudoti valstybės biudžeto lėšas, skirtas viešiesiems pirkimams. Todėl susidomėjimas viešųjų pirkimų centralizavimu pastaruoju metu labai padidėjo. Disertacijoje nagrinėjami ekonominiai, vadybiniai ir teisiniai viešųjų pirkimų centralizavimo aspektai. Pagrindinis darbo tikslas – sukurti viešųjų pirkimų centralizavimo finansinės naudos vertinimo modelį ir remiantis šiuo modeliu atlikti šios naudos vertinimo tyrimą viešųjų pirkimų centralizavimo Lietuvoje atveju. Disertacijoje, apibendrinus mokslinę literatūrą, išskiriami veiksniai, lemiantys viešųjų pirkimų centralizavimo finansinę naudą, taip pat analizuojami pirkimų centralizavimo pranašumai ir trūkumai. Sintetinant pirkimų valdymo dalyko ir aukcionų teorijos žinias, iškeliamos hipotezės paaiškinančios skirtumus tarp kainų centralizuotuose ir decentralizuotuose viešuosiuose pirkimuose. Darbe atlikti keli empiriniai viešųjų pirkimų centralizavimo tyrimai, kurių pagrindu įvertinta viešųjų pirkimų centralizavimo Lietuvoje finansinė nauda. Taip pat nustatytos kainų skirtumo centralizuotuose ir decentralizuotuose viešuosiuose pirkimuose susidarymo priežastys. Apibendrinti tyrimų rezultatai leido pateikti viešųjų pirkimų centralizavimo plėtros prognozę.
18
Barajas, Alia Talina. "Weighing the Financial and Sustainable Benefits of High Performance Structures in Seismically Active Regions." DigitalCommons@CalPoly, 2013. https://digitalcommons.calpoly.edu/theses/958.
Full textAbstract:
This thesis investigated the potential advantages and disadvantages of high performance structures by comparing the financial and environmental impacts of a performance based four-story office building to one designed to meet minimum code-level requirements.
To generate a comparison, the lateral system of a four-story structure utilizing buckling restrained braced frames was designed to meet code-level requirements per the American Society of Civil Engineers’ Minimum Design Loads for Buildings and Other Structures (ASCE 7-05) and again to meet the immediate occupancy criteria defined by ASCE 41-06 Seismic Rehabilitation of Existing Buildings. The following was then performed: Test the structural performance of both buildings using simulated code-level and maximum considered earthquakes Develop construction costs of both structures using RSMeans Square Foot Cost and Construction Cost Data Determine the financial benefit associated with the upgraded structure by subjecting both structures to a suite of earthquakes Calculate the carbon footprint generated during each building’s construction.
The final project costs for the code level and immediate occupancy structures were $27.43 million and $27.93 million respectively, resulting in an upgrade cost of $500,000 or roughly 1.8% of the overall project cost. The upgrade cost was then input in FEMA’s Benefit-Cost Analysis, where it found the upgrade cost resulted in an annual savings ranging from $43,000 to $98,000 over the building’s 50-year life cycle.
The carbon footprints were generated using BuildingScope, which relies on volumetric quantities of construction materials. The final models resulted in a carbon footprint of 7890 CO2 eq and 7940 CO2 eq for the code level and immediate occupancy structures respectively, showing favor for the structure utilizing fewer materials.
Although the additional materials used in the immediate occupancy structure resulted in a slightly larger carbon footprint, the added capacity will decrease damages, resulting in an overall reduction of energy generated during the building’s life cycle.
19
Ballew, Hailey B. "Accounting Quality Benefits of Regulatory Spillover:Evidence from the Banking Industry." The Ohio State University, 2019. http://rave.ohiolink.edu/etdc/view?acc_num=osu15609423195075.
Full text
20
Anuta, Oghenetejiri. "Planning and operating energy storage for maximum technical and financial benefits in electricity distribution networks." Thesis, University of Newcastle upon Tyne, 2016. http://hdl.handle.net/10443/3319.
Full textAbstract:
The transmission and distribution networks are facing changes in the way they will be planned, operated and maintained as a result of the rise in the deployment of Low Carbon Technologies (LCTs) on the power grid. These LCTs provide the benefits of a decarbonised grid and reduce reliance on fossil fuels and large centralised generation. As LCTs are close to the demand centres, a significant amount will be deployed in distribution networks. The distribution networks face challenges in enabling a wide deployment of LCTs because they were traditionally built for centralised generation and most are operated passively as demand patterns are well understood and power flows are unidirectional to load centres. The opposite will be the case for distribution networks with LCTs. Utilities that own and operate distribution networks such as the DNOs in the UK will face a host of problems, such as voltage and thermal excursions and power quality issues on their networks. Traditional reinforcement methods will be expensive for DNOs, so they are considering innovative solutions that provide multiple benefits; this is where Energy Storage Systems (ESS) could play a role to provide multiple technical and economic benefits across the grid from voltage and power flow management to upgrade deferral of network assets. This is due to the multifunctional nature of ESS allowing it to act as generation, transmission, demand or demand response based on requirements at any specific time based on the requirements of the stakeholder involved with the asset. ESS is technically capable of providing benefits to DNOs and other stakeholders on the electricity grid but the business case is not proven. Unless multiple benefits are aggregated, investment in ESS is challenging as they have a substantial capital cost and some components will require more frequent replacement than traditional network assets which typically last between 20 – 40+ years. As a result there is a reluctance to include them in future distribution network planning arrangements. IV Furthermore, the electricity regulatory and market design, which was set up in the time of traditional centralised generation and networks, limits investment in ESS by regulated bodies such as DNOs. The regulations and market structures also affects revenue streams and the resulting business case for ESS. This thesis investigates the feasibility of ESS in distribution networks by first studying the effect of current electricity regulatory and market practices on ESS deployment, investigating how ESS can be used under the present rules, and establishing whether there are limitations that can be reduced or removed. Secondly, short and medium term planning is carried out on model Medium Voltage distribution networks (6.6 kV) provided by the IEEE and Electricity North West Limited to establish the technical and financial viability of investing in ESS over conventional reinforcement methods by: Assessing the impact of the proliferation of LCTs in distribution networks using both deterministic and stochastic methods under different scenarios based on current developments and government policies in the UK. This stochastic evaluation considers both spatial and temporal aspects of LCTs in distribution networks with datasets obtained from real distribution network customers; Developing and applying ESS voltage and power flow management, and market control algorithms to resolve distribution network issues resulting from growing LCTs and allowing ESS to participate in the electricity spot market over a planning period up to the year 2030; Providing a framework for assessing the business case of ESS under a DNO or third-party ownership structure where technical and commercial benefits from network asset upgrade deferral, energy arbitrage, balancing market and ancillary services (frequency response and short term operating reserves), distribution and transmission system use of system benefits are evaluated; V Optimising the operation of ESS considering multiple technical and commercial objectives to establish the technical benefits and revenues that can be obtained from an ESS deployment and the trade-off of benefits that applies for differing ownership types. The simulation results show that, under the scenarios investigated, ESS can be used as a technical solution for DNOs. They show that the ESS capital costs can be offset by aggregating benefits from both technical and commercial applications in distribution networks if regulatory and market changes are made. The conclusions offer a perspective to DNOs and third parties’ considering investing in ESS on the electricity grid as it evolves towards a more active, decarbonised system.
21
Shanus, O. V. "Accounting Salaries by International Standards: Features and Harmonization." Thesis, Київський національний університет технологій та дизайну, 2017. https://er.knutd.edu.ua/handle/123456789/7767.
Full text
22
Chaveiro, Vitor Bernardino Gonçalves. "Tratamento e recirculação de água por osmose inversa em processos de fabricação de lentes oftálmicas. Beneficios ambientais e financeiros." Master's thesis, ISA/UTL, 2012. http://hdl.handle.net/10400.5/5274.
Full textAbstract:
Mestrado em Engenharia do Ambiente - Instituto Superior de AgronomiaDue to increased environmental awareness and water costs, industries have increase the need to optimize the use of water by selecting production processes more efficient, with lower water consumption or through a treatment and recirculation of water. This study comes from the Essilor Portugal need to reduce the environmental impact and costs of a water consumption of the main processes for producing ophthalmic lenses, but also the need to improve the quality of the water process due the quality requirements. One of the processes of water treating with an increased use in industrial sector, particularly in processes that require water with very stringent quality characteristics, is reverse osmosis. This process, thanks to its numerous advantages, including the high capacity and effectiveness of treatment, occupying small areas, unnecessary regeneration and energy efficiency has proven to be an economically viable technology. The objectives of this study are based on the evaluation of the environmental and financial benefits due the implementation of water treatment and recirculation by reverse osmosis, in processes of manufacturing of ophthalmic lenses, and also the analysis and optimization of operating conditions. With this system, of water treatment and recirculation, there was a significant improvement in the quality of the water for cleaning of ophthalmic lenses in the coating process (the most demanding in terms of water quality) which serves to protect the surfaces of the lenses from knocks and scratches, giving them hardness and abrasion resistance. The water needs, to clean lenses in the coating process is crucial, to ensure the pre-cleaning of the lens surface before application of the coating and quality of the product, and after the treatment system implementation there were some improvements of the coating process quality service, in terms of non quality costs and process yield. From the analysis of the environmental benefits of the project, we can verifier that there is a reduction of consumption of resources and materials, which translate into a significant positive impact, combined with reduced consumption of water and energy. The present study showed that reverse osmosis is an technology treatment, economically and environmentally feasible for the specific conditions of the project in question, allowing rapid coverage of the initial investment, managing to generate a rate return much higher than the capital cost.
23
Chan, T. M., and 陳祖明. "Risk and reward in the use of financial derivatives: risk and benefits relating to portfolio management." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 1995. http://hub.hku.hk/bib/B31266368.
Full text
24
Majmudar, Meghna. "The financial implications of legislated prescribed minimum benefits for HIV/AIDS on South African Medical Schemes." Master's thesis, University of Cape Town, 2003. http://hdl.handle.net/11427/9446.
Full text
25
Drummond, Mark Lea, and n/a. "Costing Constitutional Change: Estimates of the Financial Benefits of New States, Regional Governments, Unification and Related Reforms." University of Canberra. Business and Government, 2007. http://erl.canberra.edu.au./public/adt-AUC20080825.143939.
Full textAbstract:
There have been numerous proposals to reform Australia's government structures, both prior to
and since Federation in 1901, including calls for New Colonies and New States, Unification
plans, Regional Government models spanning across the federal-unitary continuum, and
proposals to transfer functions between Commonwealth and State governments, such as the
modern day attempts by the Commonwealth government to establish a national Industrial
Relations system. But while several functions have been transferred from the States to the
Commonwealth since Federation, major changes sought by supporters of New States, Regional
Governments and Unification have never been achieved.
The financial benefits possible through various reformed government structures are first
examined in terms of claims and estimates that have accompanied past reform proposals.
Financial benefits are then estimated for the four years from 1998-99 to 2001-02 using
population and expenditure data, per capita expenditure comparisons, and various linear and
non-linear regression techniques.
New States appear likely to cost in the order of $1 billion per annum per New State, and
possibly more if costs associated with State-Territory borders are taken into account, but their
financial viability could be vastly improved if New State formation follows or is accompanied
by functional transfers to achieve national systems in areas such as health and education.
It is estimated that Unification and some Regional Government models could achieve financial
benefits in the order of five to ten per cent in both public and private sectors and the economy as
a whole, which, in June 2002 dollar terms, would amount to some $15 billion to $30 billion per
annum in the public sector, $25 billion to $50 billion in the private sector, and hence $40 billion
to $80 billion per annum across both public and private sectors and the entire Australian
economy. It is also estimated that for several functions, including education and health, unitary
national systems under Commonwealth control could generate significant financial benefits,
whereas for other functions, notably transport and communications, national systems could
prove more costly.
Additional research could clarify estimates, but ultimately the only way to fully check estimates
is to observe and measure actual reforms in action. If all State-Territory level health care
functions, for example, were transferred to the Commonwealth government to achieve a fully
national health system, then the benefits and costs of such reform could be assessed with much
more certainty than is possible through pre-reform empirical estimates. The establishment of a
national health system could also diminish concerns that New States or Regional Governments
might exacerbate problems associated with separate State laws, regulations and systems -
problems likely to be tolerated least in health care given its life-and-death gravity. And for
Unification advocates, a national health system would represent a significant step towards
complete Unification across all functions.
Estimates appear to be robust when assessed in light of Commonwealth Grants Commission
methodologies, differential levels of tax expenditures and privatisation across the current States
and Territories, and Australia's economic and industrial geography, and on balance suggest that
intelligent government structure reforms have the potential to significantly enhance Australia's
financial and economic strength, and hence provide the financial capacity to achieve
significantly improved social and environmental outcomes as well.
26
Lund, Nicholas M. "The Benefits of Having a Comprehensive Financial Plan for the Average Consumer, And the Necessary Components Comprised to Make an Effective and Efficient Plan." Scholarship @ Claremont, 2016. http://scholarship.claremont.edu/cmc_theses/1220.
Full textAbstract:
Socioeconomic changes in American society over the past few decades, as well as an overwhelming amount of uncertainty and misconceptions, have resulted in a majority of Americans to fall short of their financial goals in the short-term, the mid-term, and the long-term. Without proper preparation and financial planning, it is likely that these Americans, and many more, will be unable to reach these goals as well as retire comfortably. Many Americans are overwhelmed with the immense amount of financial information, tools and resources, and as a consequence are unable to plan their finances efficiently and effectively. Americans need a better understanding as to which financial tools are most relevant to their goals, and the proper procedure to initiate a comprehensive financial plan for themselves. Understanding the benefits and drawbacks to each of the components of a comprehensive financial plan, and how they relate and complement each other, of a financial plan will greatly improve the numbers of Americans who are easing their way to a more financially predictable future.
27
Bandžak, Richard. "Costs and benefits of reducing financing costs through corporate social responsibility." Master's thesis, Vysoká škola ekonomická v Praze, 2015. http://www.nusl.cz/ntk/nusl-201904.
Full textAbstract:
The dissertation thesis investigates the relationship between corporate social responsibility (CSR) and financial performance (FP) on the sample of 51 Eurozone banks over the period from 2008 to 2014. The investigation is based on a panel data regression analysing the financial data from Bankscope and the social performance data from CSRHub. Return on assets and the ratio of non-performing loans to total loans represent the measures of financial performance and are used as dependent variables. The results of this model have shown a positive and statistically significant CSR-FP relationship. It is argued that even though the results show statistical significance, they do not necessarily include such a strong informational value. This is caused by methodological limitations, such as potentially biased data on CSR, as well as by the theoretical ones. The main theoretical concern, detected in the dissertation thesis, is a need for redefinition of the banks' driving motives of engaging in CSR activities. Banks engaging in CSR activities for merely strategic reasons should be analysed separately on a firm-level as they may otherwise bias the empirical results. Another important aspect of the work was an argument that banks benefit from CSR mainly through the product differentiation. This could not have been tested empirically, but it is assumed that the product differentiation, for example through reputation enhancement, may play a significant role in boosting bank's profits.
28
Plačková, Jitka. "Mzdová problematika dle českých předpisů a IFRS." Master's thesis, Vysoká škola ekonomická v Praze, 2012. http://www.nusl.cz/ntk/nusl-162271.
Full textAbstract:
This thesis deals with the issue of wage according to Czech legislation and IFRS. The aim of this thesis is to describe the two systems and compare the differences in the understanding of different types of employee benefits in accordance with Czech legislation and in accordance with international financial reporting standards.
29
Comrie, Douglas. "A study of the extent of which the financial benefits of adopting lean manufacturing practices can be quantified." Thesis, Stellenbosch : University of Stellenbosch, 2009. http://hdl.handle.net/10019.1/888.
Full textAbstract:
Thesis (MBA (Business Management))--University of Stellenbosch, 2009.ENGLISH ABSTRACT: In the face of global competition manufacturers are increasingly finding themselves having to redefine the way they do business. Despite this, and while lean manufacturing has been widely adopted as an inherently superior form of manufacturing when compared to mass production, many companies continue to operate according to a traditional mass production philosophy. This research aims to validate and quantify the existence of a correlation between the presence of lean manufacturing and improved performance in important financial indicators with a view to encouraging the more rapid adoption of lean manufacturing. The intended outcome of this research is therefore firstly an analysis that either confirms or refutes the existence of a correlation between selected lean manufacturing practices and selected financial indicators, and secondly a quantification of the strength of the identified relationship, if any. There are four sub-problems that were identified as being central to the research aims. The first relates to the identification of foundational principles associated with lean manufacturing, while the second relates to the identification of manufacturing practices associated with each principle that can be observed and tested for. The third entailed the evaluation of existing literature on links between lean manufacturing and financial performance. The fourth entailed the development of a set of hypotheses and methodology for the testing of relationships between lean manufacturing practices and financial indicators. The four principles, and their associated practices, were as follows: • Just In Time: kanban; • Total Quality Management: andon and poka-yoke; • Continuous improvement: standardisation of work practices, green areas and suggestion schemes; and • Team-based work organisation: teams, single-piece flow between team members and team leader roles. The review of existing literature provided some guidance in respect of financial performance measures that should be included in the study, but fell short of confirming the type of relationships and correlations sought for the purpose of this research. Data on the financial performance of 22 automotive component manufacturers were obtained from the Benchmarking and Manufacturing Analysts SA (Pty) Ltd’s benchmarking database while data on lean manufacturing practices were obtained through structured observations at the 22 companies between January 2008 and December 2008. Through evaluating Spearman rank correlation coefficients conclusive findings were obtained in respect of the existence of a relationship and a positive correlation between each of the following pairs of variables: • Kanban and average growth in sales; • Kanban and change in Return on Investment; • Andon and operating profit as a percentage of sales; • Poka-yoke and operating profit as a percentage of sales; • Poka-yoke and growth in sales; • Green areas and operating profit as a percentage of sales; and • Standardisation of work practices and operating profit as a percentage of sales. During the analysis and interpretation of the findings value chains dynamics, operational measures, and control variables were cited as key considerations for further research in this field. The paper concludes by suggesting that a study of this nature replicated in the automotive industry in a different economy would likely result in similar outcomes, but that the same outcomes may not necessarily be obtained if the study was replicated in a different industry in the same economy.
AFRIKAANSE OPSOMMING: Met die uitdagings van globale mededinging en vrye toegang tot wêreld markte is vervaardigers blootgestel aan die behoefte om hulle besigheidsprosesse voortdurend te vernuwe en te optimiseer. Ten spyte van die feit dat “Lean Manufacturing” spesifiek in die vervaardigings industrie aanvaar is as die voorkeur model bo die meer tradisionele massa produksie model sukkel maatskapye steeds met die implimentering daarvan. Die doel van hierdie navorsing is om te toon dat daar ‘n verwantskap bestaan tussen die beginsels van “Lean Manufacturing” en die winsgewindheid van maatskappye. Meer spesifiek word daar gesoek na sleutel finansiële aanwysers in die besigheid, en hulle verwantskap met geselekteerde “Lean Manufacturing” beginsels. Daar word gepoog om die verwantskappe te kwantifiseer, en hierdie resultate dan te gebruik as basis vir die motivering om hierdie beginsels verder en vinniger in die vervaardigings industrie te implimenteer. Vier subprobleme is geidentifiseer om die voorgestelde navorsing logies te benader. Die eerste hou verband met die identifisering van die kern beginsels van “Lean Manufacturing”, en die tweede met die identifisering van vervaardigings praktyke wat assosieer kan word met elkeen van die beginsels. Die derde subprobleem is die analise en vewerking van bestaande literatuur met die doel om die verwantskap tussen die identifiseerde kern beginsels van “Lean Manufacturing” en finansiële indikatore te evalueer. Laastens word ‘n hipotese ontwikkel om die identifiseerde verwantskappe te toets en te evalueer. Die vier beginsels en die assosieërde praktyke is: • “Just In Time”: kanban; • Algemene Kwaliteits Bestuur: andon en poka-yoke; • Voortdurende Verbetering: standardisering van werksprosesse; en • Spangebaseerde Organisasies: Spanwerk. Die bestudering van bestaande literatuur het ‘n riglyn geskep vir van die finansiële indikatore wat in ag geneem moet word in die studie. Dit het wel geblyk dat die tipe verwantskap nie duidelik definieer is nie. Die finansiële data van 22 motor komponent vervaardigers is verkry van Benchmarking and Manufacturing Analysts SA (Pty) Ltd’s se databasis. Die data oor “Lean Manufacturing” is verkry deur gestruktureerde waarnemings en onderhoude by dieselfde 22 maatskapye oor die tydperk Januarie 2008 tot Desember 2008. Deur die evaluering van “Spearman rank” korrelasie koëfisiënte kon ‘n korrelasie tussen die volgende veanderlikes verkry word: • Kanban en die gemiddelde groei in verkope; • Kanban en die verandering in die opbrengs op belegging; • Andon en die operasionele wins as ‘n persentasie van verkope; • Poka-yoke en die operasionele wins as ‘n persentasie van verkope; • Poka-yoke en die groei in verkope; • Groen areas en die operasionele wins as ‘n persentasie van verkope; en • Standardisering van werksprosedures en die operasionele wins as ‘n persentasie van verkope. Na aanleiding van die analise en interpretasie van die bevindinge opgelewer deur die studie word die verdere bestudering van die veld sterk aanbeveel. Waardeketting dinamika, operasionele maatstawwe, en beheer veranderlikes is identifiseer as kernaspekte van so ‘n verdere ondersoek. Dit moet egter benadruk word dat die herhaalbaarheid van die studie moontlik sal wees in ander ekonomiese toestande, maar nie noodwendig dieselfde resultate sal lewer vir ander industrieë nie.
30
Arendse, Bianca. "Work motivation and satisfaction amongst employees in a financial services organisation in the Western Cape." University of Western Cape, 2013. http://hdl.handle.net/11394/3929.
Full textAbstract:
Magister Commercii (Industrial Psychology) - MCom(IPS)In any field of Human Resource Management and in any organisation, the human being is seen as an asset and remains the most valuable and also the most difficult to understand. The past decade has seen an increased focus on employees, their level of motivation and their satisfaction at work. Theorists have been endeavouring to compartmentalise and comprehend those aspects which are of most importance in certain jobs. Tremendous pressure is put on organisations to improve their performance and increase their competitiveness in the continuously changing world of work. This is no different to the challenges financial institutions face such as globalisation, economic shocks, technological changes and downsizing. The aim of the research was to explore the motivation and job satisfaction levels of employees of a financial services organisation within the Western Cape, with particular focus on gender differences. Motivating employees is one of the most important managerial functions. According to Nel, Werner, Poisat, Sono, Du Plessis and Ngalo (2011) success in this endeavour is essential in the quest to utilise the full potential of people so as to ensure quality products and service. The population for this study was a financial services organisation within the Western Cape. A non-probability sampling based on the method of convenience was used of which 95 employees were drawn from the employee pool. Statistical analyses will involve both descriptive (measures of central tendency and dispersion) and inferential statistics (correlation, t-test and analysis of variance).
31
Brett, Richard Francis. "Flexible staffing solutions and its impact on customer satisfaction / Richard Francis Brett." Thesis, North-West University, 2007. http://hdl.handle.net/10394/718.
Full textAbstract:
The face of the workplace has changed dramatically over the past decade and most organisations have to survive in a fiercely competitive global economy. The impact of the competitive changes, especially in the service environment has become critical and quality service is considered an essential strategy for success and survival in today's competitive environment. Organisations are continuously searching for ways to improve their performance and create a sustainable competitive advantage. Consumers are also continuously being made more aware of their rights and in today's fast paced world, with time constraints and increased stress, tolerance levels have been considerably eroded. In view of this, customer satisfaction has become a focus area, in particular, to investigate ways that it can be enhanced to gain a competitive edge. A better understanding of how organisations can apply resources to achieve these goals will be a useful instrument towards gaining sustainable competitive advantage.
One way of doing this is for service firms to manage their capacity to achieve maximum and/or optimum utilisation at all times, if possible. But having trained staff on hand at the right times is no easy task. Overstaffing can lead to budget blow-out, while understating adds to staff stress levels, and can contribute to both customer and staff dissatisfaction. As a possible solution many employers tackle this problem by employing casual staff who are more flexible in their working hours and can be deployed to meet peak demands in service.
The objective of this study was to investigate the importance of customer satisfaction and whether the utilisation of temporary staffing solutions could positively contribute in improving service levels. A survey research design was used with a questionnaire as data-gathering instrument. The study population consisted of customers (N=507) that
visited Absa branches in the Vaal Triangle and were serviced by either permanent or flexi tellers. Contingency tables were used to record and analyse the relationship between the different variables, and statistical significance tests were used to show that the results are significant. Chi-square and Cramer's phi or V test were used as the basis of the analysis.
The research confirmed that customer satisfaction has definite financial benefits for an organisation and that the effective application of temporary staffing solutions could further enhance these benefits. The results of the statistical analysis of the survey further confirmed that there was no significant difference in the perceived level of service received from either permanent or flexi tellers.
Limitations in the research are identified and recommendations for future research are made.Thesis (M.B.A.)--North-West University, Potchefstroom Campus, 2008.
32
Mitteregger, Love. "Home Biasness & International Diversification : Are The Benefits of International Diversification Starting to Deteriorate?" Thesis, Karlstads universitet, 2016. http://urn.kb.se/resolve?urn=urn:nbn:se:kau:diva-41041.
Full textAbstract:
Is home biasness common among modern investors? To which extent do Swedish investors diversify their investments on an international level? Does home biasness negatively affect the investors performance? To answer these questions, correlation tests of various international indices ranging over four different time periods are conducted, in order to see if correlation between markets are stronger today than before, as stronger correlation would render diversification less useful. To enhance the study, the holdings of the top ten Swedish funds, measured in fund capital according to Morningstar, is reviewed, based on data collected per 2014-12-31 from the Swedish Financial Supervisory Agency (FI). This gives an overview of how the funds diversify their investments internationally, these funds will in turn represent the average Swedish investor in the thesis. By constructing a bullet curve from a set of international indices, the author will analyse to which grade international diversification is useful. The results are that international diversification isn’t as beneficial as theory suggests it is. The reason for it may be due to stronger correlation between international markets in the past 15 years. Most of the Swedish funds tends to be rather home biased in their investments, as about a quarter of the holdings usually are placed in Swedish assets, and in accordance with the results of the indices development, the more home biased they are to Sweden, the better they tend to perform.Hur vanligt är egentligen home biasness hos den moderna investeraren? Till vilken grad diversifierar egentligen den vanliga Svenska investeraren sina tillgångar internationellt? Påverkar en eventuellt inhemskt investeringsfilosofi investeraren negativt? Korrelationstester för olika världsindex kommer utföras, så att en överskådade blick kan fås över hur världsmarknader rör sig allt mer symmetriskt, då starkare symmetri mellan marknader minskar nyttan av internationell diversifiering. Data om innehav från Sveriges topp tio fonder, sett till fondförmögenhet utifrån Morningstar, har samlats från finansinspektionen per 2014-12-31. Dessa fonder ska representera den typiske Svenska investeraren och dess diversifieringsvanor. Genom att ha samlat data från ett flertal internationella index har effektiv front samt en fiktiv kombination av index skapats för att få fram huruvida avkastning i relation till risk ökar genom internationell diversifiering. Denna kombination av index jämförs sedan mot utveckling av en handfull internationellt samlade index för att se om diversifiering förbättrar avkastningen i relation till risk. Resultatet säger att det index som är mest diversifierade inte är så gynnsamt som teorin påstår. Anledningen till detta kan bero på den ökade korrelationen bland aktiemarknader idag jämfört med för 15 år sedan. De flesta Svenska fonderna har en större andel av sitt innehav i Svenska värdepapper och överlag, förutom diverse undantag, så har det gynnat dessa fonder i avkastning sett till risk.
33
Rajasakran, Thanaseelen. "Effects of advertising self-disclosure, message appeal and regulatory orientation: a field experiment on private retirement schemes in Malaysia." HKBU Institutional Repository, 2015. https://repository.hkbu.edu.hk/etd_oa/157.
Full textAbstract:
This dissertation examines the impact of advertising self-disclosures (present versus absent) and advertising message appeals (hard sell versus soft sell) which is moderated by innate personal traits within the context of financial services advertising. In particular this study investigates the impact of self-regulatory focus (i.e. innate personal traits) on self-disclosures and advertising message appeal with regards to cognitive (knowledge), affective (attribute evaluation) and conative (buying intention) responses of retail investors. The industry concerns private retirement schemes (PRS). The theoretical framework is based on Higgins (2012) regulatory focus theory on chronic personal disposition inherent in an individual (i.e. prevention/promotion), and how this disposition might mitigate with self-disclosures and message appeal contained in advertisements in terms knowledge, attribute evaluation (i.e. attitude) and buying intention. ANOVA results from a between subjects experiment indicated that the individual regulatory orientation interacts with the effects of advertising self-disclosures and message appeals. Specifically, when exposed to hard sell advertisements with self- disclosures (soft sell advertisements with self-disclosures) perceived knowledge, attribute evaluation and buying intention towards the PRS is favorable to prevention oriented investors (promotion oriented investors). In addition the effect is greater on prevention subjects in comparison to promotion subjects. This study proposes theoretical, managerial, public policy implications and future research directions.
34
Weiss, Torsten. "Wind Power Project Development : Financial Viability of Repowering with RETScreen as a Decision Aid Tool." Thesis, Uppsala universitet, Institutionen för geovetenskaper, 2015. http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-257684.
Full textAbstract:
There is a need for an efficient adjustment of the energy supply system towards renewable energy resources in the near future. This raises the question whether it is financially efficient to repower an onshore wind turbine or wind farm in operation with respect to specific surrounding conditions? To this purpose, the objective of this Thesis is a quantitative analysis of a wind power project repowering addressing certain legislative parameters, varying economic factors and WT models respectively. To enable this analysis, a case-study considering a number of hypothetical scenarios for repowering a wind farm in Germany has been applied. The scenarios address in particular the widely implemented limitation in overall building heights of 100m depending upon varying economical parameters. Nevertheless, this case-study applies three different WT models whereof one model matches the legislations and the other two models exceed the legislations by a varying degree in order to evaluate a potential productivity growth. The varying economic conditions are represented by a base case projection applying average wind power construction costs and financial rates whereas a best case and worst case projection consider deviating interest rates, capacity factors, investment and O&M costs respectively. The economic calculations together with the determination of the capacity factor with respect to each WT model are performed by utilising the decision aid tool RETScreen. The results obtained by this case-study show versatile economic and technological performance. WT models of minor size addressing in particular local existing legislation regarding the limitation of overall height which must not exceed 100m are inefficient regardless of varying economic conditions. Exceeding the limitation, WT models provide a significant increase in performance and thus return positive economic results independent of varying economic conditions. The main conclusion is that existing local legislations based on previous considerations from the past but which no longer correspond to the state of technology have to be questioned in general or have to be mitigated by subsidy instruments in order to support a generation shift in technology before the end of life of operational wind farms and thus promptly increase efficiency by repowering.
35
Schneider, Felix [Verfasser], and Christoph [Akademischer Betreuer] Kuhner. "Essays on the economic benefits and costs of fair value accounting in European banks' financial reporting / Felix Schneider. Gutachter: Christoph Kuhner." Köln : Universitäts- und Stadtbibliothek Köln, 2013. http://d-nb.info/1047666499/34.
Full text
36
Вакарчук, В. В. "Порівняння виплат працівникам за П(С)БО 26 та МСБО 19." Thesis, Сумський державний університет, 2015. http://essuir.sumdu.edu.ua/handle/123456789/43797.
Full textAbstract:
Облік виплат працівникам – це невід’ємна частина діяльності підприємства, саме тому, у системі бухгалтерського обліку, він займає одне з центральних місць, так як виплати працівниками, по-перше – це основне джерело доходів робітників, по-друге, - за їх допомогою здійснюється контроль за споживанням та оплатою праці, по-третє, - є ефективним важелем управління економікою, як у Європі, так і Україні. Тому актуальним питанням є виявлення спільних та відмінних ознак з обліку виплат працівникам відповідно до міжнародних і національних положень бухгалтерського обліку.
37
Salomon, Tania. "The Risk-Return Characteristics and Diversification Benefits of Fine Wine Investment." Scholarship @ Claremont, 2017. http://scholarship.claremont.edu/cmc_theses/1668.
Full textAbstract:
This thesis evaluates the risk-return characteristics and diversification benefits of fine wine investment. It compares the historical performance of wine to that of equity, fixed income, real estate, and commodities. I calculate the correlation, volatility, and expected returns of these assets to examine whether adding wine to a portfolio increases its risk-adjusted return. I do this through the Markowitz portfolio optimization technique. The findings suggest that wine has a low correlation with traditional assets, providing diversification benefits. My results also show that adding wine to a portfolio increases its risk-adjusted return only when there is an allocation constraint of 0 to 25% per asset. This does not hold, however, when there are no asset allocation constraints.
38
Boateng, David. "Evaluation of the benefits of investment diversification to emerging financial markets with regression-based tests of mean-variance spanning : UK investors' perspective." Thesis, University of Southampton, 2005. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.415241.
Full text
39
Liukumaitė, Eglė. "Paramos pagal Ekologinio ūkininkavimo programą ekonominė nauda ūkiams." Master's thesis, Lithuanian Academic Libraries Network (LABT), 2012. http://vddb.laba.lt/obj/LT-eLABa-0001:E.02~2012~D_20120613_142327-15061.
Full textAbstract:
Magistrantūros studijų baigiamasis darbas, 72 puslapiai, 21 paveikslas, 20 lentelių, 95 literatūros šaltiniai, 2 priedai, lietuvių kalba.
PRASMINIAI ŽODŽIAI: ekologiniai ūkiai, ekonominė nauda.
Tyrimo objektas – paramos ekonominė nauda ekologiniams ūkiams.
Tyrimo tikslas – įvertinti paramos pagal Ekologinio ūkininkavimo programą ekonominę naudą ūkiams.
Tyrimo uždaviniai:
1) teoriškai ištirti ekologinio ūkininkavimo vietą agrarinės aplinkosaugos priemonių sistemoje;
2) teoriškai išanalizuoti ekologinio ūkininkavimo reikšmę agrarinės aplinkosaugos priemonių sistemoje ekonominiu, socialiniu bei aplinkosaugos požiūriais;
3) nustatyti, kokią įtaką šalies ūkininkų ūkių pajamoms ir pelnui turi parama ekologiniams ūkiams;
4) remiantis apklausos duomenimis, įvertinti ekologinio ūkininkavimo ekonominę naudą Kėdainių rajono ūkiams.
Tyrimo metodai: mokslinės literatūros, dokumentų ir teisės aktų analizė ir sintezė, statistinių duomenų analizės, grupavimo, palyginimo metodai, grafinis vaizdavimo būdas. Detalesniam tyrimui, siekiant įvertinti ekologinio ūkininkavimo ekonominę naudą ūkiams, atlikta atvejo analizė,– apklausti Kėdainių rajono ekologinių ūkių savininkai (atlikta jų anketinė apklausa).
Tyrimo rezultatai:
• pirmojoje darbo dalyje teoriškai išnagrinėta ekologinio ūkininkavimo vieta agrarinės aplinkosaugos priemonių sistemoje, išanalizuota ekologinio ūkininkavimo reikšmė agrarinės aplinkosaugos priemonių sistemoje ekonominiu, socialiniu bei aplinkosaugos požiūriais;
• antrojoje... [toliau žr. visą tekstą]The final work of university Master studies: 72 pages, 21 figures, 20 tables, 95 references, 2 appendices, in Lithuanian. KEY WORDS: organic farms, economic benefits. Research object – economic benefits of the support to organic farms. Research aim – to evaluate economic benefits of the support according to the organic farming scheme to farms. Objectives: 1) to investigate theoretically the place of organic farming in the system of agro-environmental measures; 2) to analyze the economic, social and environmental aspects of organic farming in the system of agro-environmental measures; 3) to determine the impact of organic farming support on farm income and profits; 4) to assess the economic benefits of organic farming to farms in Kėdainiai district. Research methods: analysis and synthesis of scientific literature, documents and legislation, statistical data collection and analysis, comparison, graphical presentation, questionnaire. Research results: • The first part examines foreign and Lithuanian literature on the place of organic farming in the system of agro-environmental measures at theoretical level, analyzes the economic, social and environmental aspects of organic farming; • The second part determines the methods to be used to evaluate the economic benefits of organic farming; • The third part evaluates economic benefits of organic farming to farms: in the country – according to FADN 2006 – 2010 data, in Kėdainiai district – according to the questionnaire data (they... [to full text]
40
Petersen, Fazlyn. "The realisation of business benefits when implementing mandatory software in an IT department: a case study in a South African financial services organisation." Thesis, University of the Western Cape, 2011. http://etd.uwc.ac.za/index.php?module=etd&action=viewtitle&id=gen8Srv25Nme4_1565_1365670947.
Full textAbstract:
No organisation has an endless and unlimited supply of money, especially in a recessive economy, and therefore decisions have to be made as to which areas an organisation will invest in. As organisations, such as YZ1 financial services organisation, are focused on seeing returns on investment (ROI), implementing software that is not being used
will not render any benefits to the organisation. Research problem: Project Managers (PMs) in YZ organisation&rsquo
s IT department need to perform mandated processes, as
defined in their centralised repository. PMs need to use Financial and Planning Software (FPS)2 software to perform certain project management activities, as required by their
job function. However, it was found that MPP3 software, another tool, was used for more detailed project schedules, as well as activities that were not strictly enforced by
management, the Project Office or the Quality Assurance team. Therefore, from this discovery, it was not clear whether the intended benefit of implementing this mandatory
software (FPS) was being realised &ndash
since implementing software that is not being utilised fully would not deliver the intended benefits to the IT department (Devaraj &
Kohli
2003), even if the software is termed &lsquo
mandatory&rsquo
. Objective: The primary objective of this research was to explore and optimise the key success factors for an effective
implementation of mandatory software in a department, in order to derive the intended business benefits. Literature Review: Literature was reviewed in the search for models or
theories that explore the relationship between the use of mandatory software and the achievement of business benefits. The Information Management Body of Knowledge
(IMBOK) was selected as this framework defines the relationship between IT and the realisation of business benefits, and ultimately the achievement of any business strategy. The literature review focused predominantly on the level of user involvement, change management, as well as factors that influence the usage of mandatory software by
individuals. 1. The name of the organisation utilised has been changed. Refer to Ethical Consideration 2. The name of the tools utilised has been changed. Refer to Ethical
Consideration and list of acronyms 3. The name of the tools utilised has been changed. Refer to Ethical Consideration and list of acronyms. Focus was given to organisational factors affecting usage, such as top management support and organisational processes. A model was compiled using unique constructs in the Technology Acceptance Model
(and TAM2), the Motivational Model (MM) and the Model of PC Utilisation (MPCU) &ndash
in order to test user acceptance of mandatory software. The literature study concludes with a
review of an approach to benefits management including five stages, namely: identifying and structuring benefits, planning for the realisation of benefits, executing the plan, in
addition to the evaluation and the review. Research design and methodology: A case study was used in this research, as it examined the phenomenon in its natural setting,
employing multiple methods of data collection to gather information from a few entities (groups and data sources). In this way, it was not limited to only qualitative or quantitative
approaches, but utilised mixed methods instead. A mixed methods approach was used in order to elaborate, enhance and clarify the results from the qualitative research
through the results of the quantitative analysis. Findings: The main finding, based on the compilation of three models of user acceptance, proved that FPS was not being utilised
as intended. There was also no evidence of an improvement in business operations. Therefore, benefits management was negatively impacted. Organisational processes were
dentified as the most important organisational factor, influencing the usage of FPS software. Own technological capability was considered to be the least important factor,
as respondents believed that they had sufficient IT skills in order to learn how to use FPS software. Change management was rated negatively
and as a result, it impacted the
usage of FPS, as users were not involved in the decision to implement, and had limited interaction in the implementation process. In addition, there was no evidence found that
benefits management was conducted in the IT department
and therefore, the impact of using alternative software could not be quantitatively assessed. Recommendations: In concluding this research, it is recommended that the &ldquo
best practice&rdquo
, derived from the pertinent literate should be followed more diligently if YZ organisation is to benefit from the
implementation of mandatory software. For example, in this research, it was found that top management&rsquo
s support of FPS (second most important organisational factor influencing use) was lacking, despite the literature suggestion that senior management involvement in changing technology is crucial for organisational commitment. It is
suggested that a more formal approach to benefits management should be implemented. It is also recommended that further study should be conducted &ndash
in order to explore
the applicability of the Japanese framing (achieving benefits from IT software through the concept of strategic instinct, rather than strategic alignment) in the context of a
developing country (such as South Africa).
41
Teppett, Jonathan Lee. "An investigation into financial sector integration in the European Economic Area (EEA) : measuring and evaluating potential costs and benefits for selected European countries." Thesis, Bangor University, 1993. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.359666.
Full text
42
Baker, Pamela Smith (Pamela Smith Elaine). "An Analysis of the Incremental Information Gain in Combining Economic, Socio-Political, and Joint-Decision Characterizations in a Study of Accounting Choice: the Case of SFAS 106." Thesis, University of North Texas, 1996. https://digital.library.unt.edu/ark:/67531/metadc278270/.
Full textAbstract:
Typical accounting studies attempting to explain accounting method choice employ positive theoretical hypotheses and test for association between adoption method or adoption timing and economic measures that focus upon specific firm stakeholders. Such studies addressing the adoption and impact of SFAS 87, "Employer's Accounting for Pensions," yield mixed and contradicting results. Various researchers have suggested that traditional economic analysis often fails to capture important explanatory variables and is far too simplistic. The purpose of this study is to expand analysis by evaluating a particular accounting choice by means of three different characterizations. SFAS 106, "Employers' Accounting for Postretirement Benefits Other than Pensions," allows management to choose between two very different methods of adopting the standard. The principal question explored in this study is: why did managers of firms that employ defined benefit postretirement plans for benefits other than pensions choose to adopt SFAS 106 using a particular method? The research question is explored by means of three different characterizations: 1) a traditional economic characterization; 2) a sociopolitical characterization); and 3) a joint decision characterization. Logit methodology is used with method of SFAS 106 adoption as the binary dependent variable of interest. Results indicate that all three characterizations are important in understanding the SFAS 106 adoption method choice. Further, each characterization adds separate information toward comprehension of the choice, supporting the notion of the complexity of accounting choice issues.
43
Johnston, Elizabeth Elinor. "Evaluating the health effects of a social intervention in older people using an experimental approach." Thesis, Queen's University Belfast, 2008. https://pure.qub.ac.uk/portal/en/theses/evaluating-the-health-effects-of-a-social-intervention-in-older-people-using-an-experimental-approach(f4ca1560-2946-4be8-b54b-5deb0a6fe78c).html.
Full textAbstract:
Background: there is limited research to show that a social intervention such as increasing income improves health, especially as this relates to older people. It is known that poverty is a real problem for many older people in Northern Ireland. One reason for this is that older people often do not claim the financial benefits for which they are entitled. This is a randomised controlled study that sought to investigate the health effects of an increased uptake of social security benefits. Methods: The aims of this study were to find out if an increase in income through the take up of unclaimed financial benefits lead to a significant improvement in the health status of older people and discover if this was maintained over a reasonable period of time. This was a randomised control trial based in the community. Patients were recruited from 11 general practices in South Down, Craigavon, Fermanagh and Tyrone. The intervention consisted of a benefit assessment followed by assistance completing the benefit application. The control group received the assessment but were not give assistance with the application. Instead they were given a list of agencies where help with the application could be found. A range of health, psycho-social and financial outcome was measured. Results: Of the 2180 patients who were sent invitation letters 300 agreed to a benefits assessment. 189 enrolled in the study and 149 were followed up at six months. A total of 89 patients received additional weekly benefits amounting to approximately £3277.19 per annum (£63 per week). A further 13 patients received one off payments totaling £5,731.01. All but two patients received their benefits within three months of assessment. While analysis showed trends suggesting greater improvements in social support and depression scores for the intervention group when compared with the controls the difference were not statistically significant. This is probably due to the following factors. The sample size in this study was small because of problems with the recruitment and screening of patients. More patients in the control group claimed benefits than had been anticipated and as a result it was difficult to detect differences between the two groups. Discussion: Valuable lessons have been leant and modifications to the study methodology have been suggested that will be of use to other researchers attempting to undertake similar studies in the UK.
44
Warmate, Zoe, Mohamed K. A. Eldaly, and Ahmed A. Elamer. "Offering flexible working opportunities to people with mental disabilities: The missing link between sustainable development goals and financial implications." Willey, 2020. http://hdl.handle.net/10454/18342.
Full textAbstract:
YesA global response to Covid‐19 pandemic has triggered issues related to stress and social restrictions; thus, mental health is seen as a particular area of concern for social well‐being for both policymakers and corporate regulators/companies. Given that mental health intersects with most, if not all, of the 17 sustainable development goals (SDGs), this research brought to light issues surrounding employment of people with mental disabilities (PWMDs) and the financial merits of employing them. An online survey was administered to PWMDs to elicit what possible flexible opportunities could enable them to gain or stay at work. Interviews were also conducted with human resource managers and financial managers. Our results show that there are currently no flexible working opportunities available for PWMDs, which could enable them work effectively to improve both self and general economic growth.
45
Campbell, Steven Roy. "An Analysis of Financial Planning for Employees of East Tennessee State University." Digital Commons @ East Tennessee State University, 2006. https://dc.etsu.edu/etd/2170.
Full textAbstract:
The purpose of this study was to determine if East Tennessee State University provides its employees appropriate financial planning services. In particular, it is unknown to what degree employees of East Tennessee State University have actively engaged in financial planning.
The research was conducted during June and July, 2005. Data were gathered by surveying faculty, staff, and retirees of the university. Ten percent of the population responded to the study. The survey instrument covered the areas of retirement, other financial planning services, and attitudes toward financial planning.
The results of the data analysis gave insight into what degree employees of East Tennessee State University have actively engaged in financial planning. For example, over 20% of the respondents encouraged employees to start early in order to achieve the benefit of time value of money. Fifteen percent of the respondents suggested financial planning workshops be offered on a more frequent basis. Approximately 10% of the respondents preferred an instructor to be independent, instead of a financial salesperson. The study provided an increase in the body of knowledge on financial planning for the ETSU employee and established a historical database for the various programs offered within the ETSU system.
46
Yu, Jinhai. "THREE ESSAYS ON PUBLIC FINANCE AND PUBLIC POLICY: FINANCIAL DISCLOSURE AND POLICY REINVENTION IN U.S. STATE AND LOCAL GOVERNMENTS." UKnowledge, 2018. https://uknowledge.uky.edu/msppa_etds/23.
Full textAbstract:
This dissertation consists of three essays. The first essay, or Chapter 2, advances the literature by examining the conditional effects of lobbying on the relationship between policy learning and policy reinvention. Scholars have consistently shown that learning of successful policies in other states leads to higher likelihood of policy adoption. This essay extends this finding two ways. First, policy learning can also lead to more comprehensive adoption of successful policies. Second, the effect of policy learning on policy comprehensiveness is conditional on lobbying by interest groups, an alternative source of information about policy success. To test these hypotheses, I conduct a directed dyad-year analysis using a dataset on American state drunk driving regulations from 1983 to 2000. The results show that more comprehensive policy adoption by states is positively related to policy success in other states when lobbying by Mothers Against Drunk Driving (MADD) is relatively low. Moreover, lobbying by MADD increases policy comprehensiveness when policy success is relatively low.
The second essay, or Chapter 3, examines the effects of GASB 45 on local government borrowing costs. Government financial disclosure is a key instrument to improve fiscal transparency and accountability. In 2004, the Governmental Accounting Standards Board (GASB) issued Statement No. 45 to require state and local governments to disclose information about other postemployment benefits (OPEB) for the first time. The theoretical framework incorporates both direct and indirect effects of disclosure on borrowing costs. The empirical tests use a panel of counties across states and the bonds they issued in the primary market between 1999 and 2012. To account for the impact of GASB 45 on county governments’ decisions to issue bonds, a Heckman selection model is estimated. GASB 45 increases borrowing costs of county governments, with the effects decreasing over time. GASB 45 has a larger effect on borrowing costs of county governments issuing bonds of lower credit quality and adopting the generally accepted accounting standards (GAAP).
The third essay, or Chapter 4, examines the impact of information about funding of OPEB plans on borrowing costs of local governments. Local governments have disclosed information about other postemployment benefits (OPEB) plans under the Governmental Accounting Standards Board Statement No. 45 issued in 2004. Funding status is measured by percentage of annual required contribution (ARC) contributed and funded ratios. Two panels of counties and cities with comprehensive annual financial reports available from the Government Financial Officers Association are matched with the bonds they issued between 2008 and 2014. The results show that higher percentage of ARC contributed of OPEB plans are associated with lower borrowing costs for counties; and higher OPEB funded ratios are correlated with lower borrowing costs for cities. Higher percentage of ARC contributed and funded ratios of pension plans are associated with lower borrowing costs for both counties and cities. This essay demonstrates that information about OPEB and pension plans is incorporated in municipal bond pricing.
47
Giaglis, George M. "Dynamic process modelling for business engineering and information systems evaluation." Thesis, Brunel University, 1999. http://bura.brunel.ac.uk/handle/2438/5258.
Full textAbstract:
This research is concerned with the pre-implementation evaluation of investments in Information Systems (IS). IS evaluation is important as organisations need to assess the financial justifiability of business change proposals that include (but usually are not limited to) the introduction of IS applications. More specifically, this research addresses the problem of benefits assessment within IS evaluation. We contend that benefits assessment should not be performed at the level of the IS application, as most extant evaluation methods advocate. Instead, to study the dynamics and the interactions of the IS applications with their surrounding environment, we propose to adopt the business process as the analytic lens of evaluation and to assess the impacts of IS on organisational, rather than on technical, performance indicators. Drawing on these propositions, this research investigates the potential of dynamic process modelling (via discrete-event simulation) as a facilitator of IS evaluation. We argue that, in order to be effective evaluation tools, business process models should be able to explicitly incorporate the effects of IS introduction on business performance, an issue that is found to be under-researched in previous literature. The above findings serve as the central theme for the development of a design theory of IS evaluation by simulation. The theory provides prescriptive elements that refer both to the design products of the evaluation and the design process by which these products can come into reality. The theory draws on a set of kernel theories from the business engineering domain and proposes a set of meta-requirements that should be satisfied by business process models, a meta-design structure that meets these requirements, and a design method that provides guidance in applying the theoretical propositions in practice. The design theory is developed and empirically tested by means of two real-life case studies. The first study is used to complement the findings of a literature review and to drive the development of the design theory's components, while the second study is employed to validate and further enhance the theory's propositions. The research results support the arguments for simulation-assisted IS evaluation and demonstrate the contribution of the design theory to the field.
48
Mets, Karl, and Lucas Alm. "För en ekonomiskt och ekologiskt hållbar ekonomi : En studie av grön finansiering inom bygg- och anläggningsbranschen, idag och i framtiden." Thesis, Linköpings universitet, Institutionen för ekonomisk och industriell utveckling, 2020. http://urn.kb.se/resolve?urn=urn:nbn:se:liu:diva-167186.
Full textAbstract:
BAKGRUND: Ökade växthusgasutsläpp och större klimatpåverkan speglar dagens samhälle allt mer. Bygg-och anläggningssektorn står idag för en femtedel av Sveriges totala klimatpåverkan och är en bransch som behöver ta steg framåt för att minimera den. Ett instrument som har använts för att motivera och skapa finansiella samt klimatmässiga fördelar för projekt som kan visa på en lägre klimatpåverkan är grön finansiering. Grön finansiering bygger på att projekt kan påvisa en mindre klimatpåverkan för att kunna ta del av de finansiella fördelar det skulle innebära. Dock har tidigare forskning runt ämnet visat att detta bortses av investerare och beslutsfattare av olika orsaker trots att klimatdebatten blir allt mer tydlig. Avsaknad av tydliga regelverk, standarder eller policyer lyfts av tidigare forskning samtidigt som hot kan anas i form av för hårda åtstramningar. En analys av bygg-och anläggningssektorns syn på grön finansiering och gröna projekt och vad marknaden behöver för att i framtiden kunna vara finansiellt hållbar är någonting som behövs för att marknaden ska kunna ta steg framåt. SYFTE: Syftet med studien är att analysera de finansiella fördelarna och riskerna som grön finansiering medför. Utifrån en analys av grön finansiering inom ramen för bygg-och anläggningssektorn kommer sedan förslag till sätt marknaden kan utvecklas på att föreslås utifrån ett finansiellt perspektiv. GENOMFÖRANDE: Studien har genomförts genom kvalitativa, semi-strukturerade intervjuer med respondenter kopplade till bygg-och anläggningsbranschen samt grön finansiering. Som tillägg har en kartläggning av erbjudande inom grön finansiering sammanställts från två respondenter. Utifrån tidigare forskning samt rapporter ställdes frågor runt grön finansiering och dess finansiella påverkan på marknaden. Utifrån svaren från aktörerna kunde en analys göras av var de aktiva aktörerna såg marknaden idag samt dess viktigaste aspekter för framtiden. SLUTSATS: Studiens slutsats är att den gröna finansieringsmarknaden behöver införa ett graderingssystem för att på så sätt skilja projekt åt. Ett sådant system skulle fungera som ett incitament för projekt att gå mot att bli gröna då det inkluderar en prissättning av sådant som inte lever upp till kraven för att bli gröna och fördelar för de som tar allra störst klimatansvar. Det skulle också möjliggöra för investerare som vill ta högre risk att investera i projekt som i dagsläget inte är gröna men som har som ambition att bli det. Utöver graderingssystemet behöver det också kompletteras av mer obligatoriska regelverk för att öka utbudet av grön finansiering på marknaden.BACKGROUND: Increased greenhouse gas emissions and greater climatic impact reflect today's society more and more. Today, the construction and civil engineering industry accounts for one fifth of Sweden's total climate impact and is an industry that needs to take steps to minimize it. An instrument that has been used to motivate and create financial and climatic benefits for projects that can show a lower climate impact is green financing. Green financing is based on the fact that projects can show a minor impact on the climate in order to be able to take advantage of the financial benefits it would entail. However, previous research on the subject has shown that this is ignored by investors and decision-makers for various reasons, although the climate debate is becoming increasingly clear. The lack of clear regulations, standards or policies is highlighted by previous research, while at the same time one can perceive a threat in the form of too tight austerities. An analysis of the construction industry’s view today of green financing and green projects and what the market needs in order to be financially sustainable in the future is something that is necessary for the market to be able to take steps forward. AIM: The purpose of the study is to analyze the financial benefits and risks that green financing entails. On the basis of an analysis of green financing within the framework of the construction and civil engineering sector, then proposals for ways in which the market can be developed are proposed from a financial perspective. COMPLETION: The study was conducted through qualitative, semi-structured interviews with respondents linked to the construction and civil engineering sectors and green financing. In addition, a survey of green financing offers has been compiled from two respondents. Based on previous research and reports, questions were asked about green financing and its financial impact on the market. Based on the responses from the players, an analysis could be made of where the active players saw the market today and its most important aspects for the future. CONCLUSION: The study concludes that the green financing market needs to introduce a grading system in order to separate projects. Such a system would serve as an incentive for projects to go green as it includes pricing of things that do not meet the requirements to become green and benefits those who take the greatest climate responsibility. It would also make it possible for investors who want to take a higher risk of investing in projects that are not green at the moment, but which have the ambition to become so. In addition to the grading system, it also needs to be supplemented by more mandatory regulations to increase the supply of green financing in the market.
49
Aarenstrup, Jesper, and Adam Lagerström. "Evaluating Business Intelligence Investments : is comparative evaluation enough?" Thesis, Uppsala universitet, Företagsekonomiska institutionen, 2018. http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-355171.
Full textAbstract:
The purpose of the study is to evaluate and describe how three large companies with Swedish presence have coped with the investment appraisal ex-ante a purchase of a BI system. Further, the paper strives to investigate how the companies evaluated the perceived benefits, which are of intangible nature and hence difficult to quantify.
50
Landén, Emma, Lukas Berntsson, and Maja Törnqvist. "Transparency and Disclosure – Are We Doing Enough? : The NFRD’s effect on transparency and its benefits for actors in the Swedish food industry." Thesis, Jönköping University, IHH, Företagsekonomi, 2021. http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-52871.
Full textAbstract:
Abstract Problem: As sustainability grows larger in importance for consumers, so does the demand for information on companies’ sustainability work. In this situation, greenwashing has become a viable strategy for companies to use as a competitive advantage. Therefore, the EU came with a new directive in order to counteract this type of misleading behavior, the non-financial reporting directive (NFRD). Although many positive outcomes have come from non-financial reporting, the aspect of transparency remains uncharted. Purpose: The purpose of this study is twofold. Firstly, it investigates how the non-financial reporting EU directive has impacted the transparency towards business partners active within the Swedish food industry. Secondly, the purpose is to explore how the Swedish non-financial reporting law benefits actors within the food industry. This paper embraces stakeholder theory. For the purpose of researching the topic of this paper, food production companies in Sweden were specifically chosen to narrow down the sample. Aim: This study aims to investigate the impacts of the NFRD on transparency and external communication, and through this, evaluate the efficiency of the directive and Swedish national law, which derives from the multi-national legislation, on transparency. Method: In this research, interpretivism was used as the guiding research approach. Being a qualitative study, semi-structured interviews were used as the primary source of data collection. Interviews were transcribed, and then coded and analyzed according to standard procedures. Result and Conclusion: The results of the empirical findings were that the directive does not impact the transparency on Swedish partners at any significant level. It was also found that the primary benefits of the national non-financial reporting law of Sweden are not directed towards customers or partners, but rather the focal business, investors, and competitors. The main benefits were that the reports raised awareness for sustainability within the firm, they are of great use for benchmarking, as well as that the reports serve as useful information for green investors.