Essays about: "principal agent relationship"

Showing result 36 - 40 of 52 essays containing the words principal agent relationship.

  1. 36. Active ownership - a study of Swedish investment companies

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Gustaf Petersson; Patrik Jedefors; [2012]
    Keywords : Investment company; Closed-end fund; Active ownership; Matched sample;

    Abstract : In this thesis on value creation of active owners, publicly traded Swedish investment companies are examined. Their ability to add value to their portfolio companies is tested against a matched sample of peer companies. READ MORE

  3. 37. Share repurchase announcements and abnormal returns for Swedish listed real estate companies

    University essay from KTH/Bygg- och fastighetsekonomi

    Author : Lars Axelsson; Philip Brissman; [2011]
    Keywords : Real Estate; Share repurchase; Signalling; Underreaction; Jensen’s alpha; Event study; Efficient Market; Principal-Agent; Modigliani-Miller; Swedish listed real estate companies;

    Abstract : Asymmetric information in the management-investor relationship implies that the management’s actions will give signals to investors. According to the signalling hypothesis, an announcement of a share repurchase program is interpreted by investors that the management is putting its money where its mouth is, i.e. READ MORE

  4. 38. Can Scania Be Stronger Than Steel?

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Gustaf Lilja; Malin Karlsson; [2011]
    Keywords : Purchasing; control; delegation; principal-agent; power relationship; purchasing leverage; steel; forgings; Scania; Technology and Engineering; Business and Economics;

    Abstract : Research about delegating or controlling purchasing with 2nd tier suppliers does not seem to be convergent; it discusses benefits and disadvantages of both purchasing tactics in various situations. There is no single tool today that we have found, that helps manufacturing companies decide when to control and when to delegate purchasing in the supply chain. READ MORE

  5. 39. Board Structure in Swedish Mutual Funds Industry

    University essay from Handelshögskolan vid Umeå universitet

    Author : Pavel Kolosov; Shageldi Soltanmammedov; [2011]
    Keywords : principal-agent conflicts; mutual funds; board structure;

    Abstract : Mutual funds attracted great attention of both shareholders and academics in last few decades. Mutual funds provide benefits like diversification, professional managements and reduced costs for individual shareholders. Shareholders invest their assets into mutual funds managed by professionals. READ MORE

  6. 40. The Integrity of the Clean Development Mechanism - an interdisciplinary study on delegation

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Emeli Möller; [2010]
    Keywords : The Kyoto Protocol; Clean Development Mechanism CDM ; Agency Theory; Constrained Delegation; Veto-Based Delegation and Environmental Integrity; Business and Economics;

    Abstract : The Clean Development Mechanism (CDM) is a mechanism under the Kyoto Protocol, which allows industrialised countries that have binding emission targets to invest in emission reduction projects in non-industrialised countries. These CDM investments generate certified emission reductions (CERs), which can be used by the industrialised countries towards meeting their own targets. READ MORE