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Showing result 16 - 20 of 44 essays matching the above criteria.

  1. 16. The changing role of a CFO: a Swedish study on Earnings Management

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

    Author : Ayesha Waqar; Xinyu Wang; [2019]
    Keywords : Earnings Management; CFO Turnover; Discretionary Accruals; Emerging Role;

    Abstract : This thesis aims to provide empirical evidence regarding the existence of earnings management through an investigation of the changes in discretionary accruals surrounding a Chief Financial Officer (CFO) turnover event and tests how the role of a CFO has evolved over time in Sweden. Empirical tests are conducted on a sample of 240 CFO turnover observations accumulated from 201 NASDAQ OMX Stockholm firms over the time period 2001- 2017. READ MORE

  3. 17. Puzzles of the crowd: Investors' perceptions of information asymmetry and agency problems in equity crowdfunding

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

    Author : Anton Löwstedt; Michael Pihl; [2019]
    Keywords : Agency theory; Equity crowdfunding; Financial intermediaries; Information asymmetry;

    Abstract : Equity crowdfunding is an emerging type of financing, providing small firms with a new source of capital and small private investors with new investment opportunities. Thereby, large crowds of small private investors are introduced to a context suggested to be particularly informationally opaque and where agency challenges exist. READ MORE

  4. 18. Business partnering shift - How do financial managers cope with paradoxes?

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

    Author : Hélène Börjesson; Cecilia Johnell; [2019]
    Keywords : Financial managers; CFO; Business partnering; Strategies; Paradox;

    Abstract : This thesis examines which paradoxes finance functions face in a business partnering shift and how financial managers handle them. Drawing upon paradox theory and insights from a multiple case study on three listed Swedish large cap firms in different industries, we identify three main paradoxes: (1) control and collaboration, (2) dual community, (3) change and stability relating to digitalisation. READ MORE

  5. 19. Capital Management at the Dawn of IFRS 9: Were Loan Loss Provisions used to Manage Regulatory Capital in European Banks during the Transition to IFRS 9?

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

    Author : Jakob Fager; Ebba Ramel; [2019]
    Keywords : Capital Management; Loan Loss Provisions; Expected Credit Loss Model; IFRS 9; Regulatory Capital;

    Abstract : On January 1, 2018 IFRS 9 and the Expected Credit Loss model were mandatorily adopted by all IFRS compliant entities (IASB, 2017). Recent research has criticized the Expected Credit Loss model for increasing bank managers' discretion over loan loss provisions and noted its potential implications for financial stability (Bushman & Williams, 2012; Novotny-Farkas, 2016; Krüger et al. READ MORE

  6. 20. The Characteristics of Successful M&A - A Case Study on Handelsbanken's Acquisition of Heartwood

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : João Pedro Amaral; Nicolas Suarez Rivera; [2019]
    Keywords : Mergers Acquisitions; Financial Institutions; Post-merger Analysis;

    Abstract : Some finance scholars argue that mergers and acquisitions (M&A) provide little to no value to the parties involved in the transaction, especially the acquirer. Such conclusions are usually drawn from analyzing the impact of the transaction on tangible quantitative measures such as stock price and return-based metrics. READ MORE