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Institutional investors and large investors play a crucial role as a governance mechanism to protect outsiders from excessive rent extraction by insiders. Where institutional investors can serve as a governance mechanism to intervene and discipline management, it also has several drawbacks and imperfections. This thesis investigates the principal-agent problem and empirically investigates how inst
There are many unemployed in Sweden that do not qualify for unemployment insurance and instead are referred to social assistance. In 2011 the Swedish Department of Finance issued a report suggesting changes to the current system. The proposed changes would make it easier for the unemployed to qualify for unemployment insurance. This study aims to investigate why the interaction between social assi
This paper studies the impact of corporate income taxation on leverage ratios (debts as a share of total assets) in the banking sector across 102 countries for the period 2012-2021, aiming to replicate the 2013 IMF paper ‘Taxation, Bank Leverage, and Financial Crises’ by Keen, De Mooij and Orihara. With a sample of 5,829 banks, a system GMM is used, together with a fixed effects model to compare t
Vectorization has been an important consideration for scientific com- puting performance for a long time. Early super computers were designed around vectorization, the so called ”vector computers”, but recent trends point toward favouring other computer architectures, and vector comput- ers are much more rare than they used to be. Nonetheless, vectorization still lives on to a smaller extent in mo
A specific class of signaling proteins has been shown to affect adult hematopoiesis in mice, but little is known about the role that these proteins play during hematopoiesis in the fetal liver of the embryo. Here, we have studied and compared the in vitro and in vivo response to a cytokine in bone marrow and fetal liver hematopoietic stem and progenitor cells (HSPCs). We have found that fetal live
This work is an investigation into practical design and loss minimization of DC/DC-switched power supplies, enabling cooler operation, smaller size, and additional or wider areas of use. There is an abundance of switch controller ICs on the market and a few of the manufacturers offer very sophisticated design tools that suggest operating parameters and grade components. However, one of the major
Purpose of this paper: The U.S. and European way of planning road-freight transport are different. These differences pose an interest of analyzing, assessing and evaluating. Transport planning in the U.S. is far more centralized and integrated than in the de-centralized inefficient European way. The aim of this paper is therefore to improve transport planning in Europe by analyzing the U.S. best-p
The present study investigates whether the mean and the standard deviation of real GDP growth forecasts from the ECB Survey of Professional Forecasters (SPF) can help to explain the cross-sectional variation of expected returns in the German stock market. The expected real GDP growth from the SPF can be interpreted as a proxy for expected business conditions, whereas the cross-sectional dispersion
Key words: Innovation, start-ups, exploration, exploitation, formal networks Purpose: The purpose of this thesis is to explore the effects of formal network participation on exploration and exploitation activities in start-ups. Methodology: Following a cross-sectional design, an explorative study was conducted using semi-structured interviews. 18 interviews were performed with representatives fr
Abstract William Gibson’s influential Cyberpunk novel Neuromancer (1984) raises many questions about the effects of rapid technological advancements. The novel presents a Baudrillardian hyperreal situation for the individual characters in the story. Their desires and goals are shaped and directed by the environment in which they live. This essay builds on the work of scholars who have approached G
This thesis assesses the role of social capabilities in the development of Iceland’s economy in 1870-2019. Throughout the period, economic shrinking gradually decreased in the country. The paper argues that a lower frequency of shrinking resulted in better economic performance and that these changes are due to increased resilience to shrinking, provided by the build-up of social capability. By ana
The absence of provisions on hardship under the United Nations Convention for the International Sale of Goods (“CISG”) and the general recognition of the principle of hardship in private international law lead to some problems to maintain the legislative purpose of the Convention as the “lingua franca” of international trade. In order to make the application of the Convention not only on the surfa
The fermented tea beverage kombucha is a traditional drink that has been consumed for thousands of years in Asia. Over the past decades, it has gained greatly in popularity amongst consumers and researchers also in the rest of the world. Kombucha is produced through fermentation of sweetened tea by a complex community of bacteria, mainly dominated by acetic acid bacteria, and a variety of yeast. D
Fractal curves are self similar objects, most of which have the property of being nowhere differentiable. The foundations of fractal curves are in the study of continuous functions with no points of differentiability. In this thesis, the continuity and nowhere differentiability of the Weierstrass function will be proved by using an auxiliary function and mostly elementary tools from Fourier analys
Women’s labour force participation has historically been impeded by their traditional role of taking care of children, a problem that has been reduced with the emergence of formal daycare. However, one problem that remains is that many children in Sweden still do not participate in preschool. Among these children, there is an overrepresentation of foreign-born children and children from low-income
Lake sediments have lately been explored as a 10Be archive, complementing previous research on ice cores and marine sediments. 10Be is an important proxy as it can be used to study past solar activity, a factor which affects the climate. Where other methods studying solar activity only cover a brief period of history, 10Be has the potential to go further back in time. The concentrations of 10Be st
The European Spallation Source ERIC is a new neutron spallation source being built in Lund, Sweden, with NMX as one of the pioneer instruments. NMX is a Quasi-Laue single crystal neutron diffractometer for the investigation of large biological molecules. Wavelength, size and divergence of the neutron beam reaching the sample have to be controlled to properly match the different experimental needs.
The industrial food production system have given rise to tens of thousands of local, national and international social movements concerned with food and agriculture, reacting to the perceived social and environmental failures of the industrial food system. One of the directions inside these movements is the internationally based “local food” movement. The ”local food” movement promotes small-scal
