Search results for "BE501"
showing 10 items of 315 documents
Statistical Analysis of the (In)efficiency of Bitcoin : A comparison of the weak form efficient market hypothesis in the US and Venezuela
2019
Master's thesis Business Administration BE501 - University of Agder 2019 Bitcoin is a phenomenon that has received a lot of attentionduringthe last years. Although the literature on the subject has expanded, there is still need for more research. This paper replicates the work of Urquhart (2016) and examines whether there isevidence ofweak form efficiency in the Bitcoin market. He found that the Bitcoin market in the US showed signs of moving towards weak form efficiency. We contribute to the existing literature by adding recentdata and comparing two different markets;the USand Venezuela. To obtain robustness of the results, the analysis is conducted by performing six different statistical …
The impact of private equity on firms in emerging markets : evidence from Ghana
2017
Master's thesis Business Administration BE501 - University of Agder 2017 In the last decade, most emerging markets have been associated with new investment opportunities and some growth prospects that attract private equity (hereafter, PE) investors. Regions with growing interest of PE investments include Africa and Asia. Research on PE impact on recipient firms in developed economies are voluminous and has proven that PE plays a remarkable role in firms’ success. Until now, such performance implications on firms in emerging markets are limited in study. Our study focuses on the impact of PE funding on financial performance of firms in emerging markets using Ghana as a case. Using data from…
Timing the US Stock Market Using Moving Averages and Momentum Rules: An Extensive Study
2017
Master's thesis Business Administration BE501 - University of Agder 2017 In this thesis we investigate the performance of moving average and momentum strategies by simulating returns, both in-sample and out-of-sample, while simultaneously taking into account important market frictions. We do so for two stock indices and four stock portfolios, at daily and monthly frequency, in the period from 1928 to 2015. This is carried out in order to examine if the active strategies outperform the passive benchmark on a risk-adjusted basis, and to see if the trading rules pro table when tested in-sample also are pro table out-of-sample. In addition, and for the rst time, we examine the relevance of data…
Has the Introduction of Bitcoin Futures on Regulated Exchanges Decreased Price Volatility?
2019
Master's thesis Business Administration BE501 - University of Agder 2019 Bitcoin is a tremendously debated phenomenon in the world of finance and in recent the scientific literature on the topic has expanded. In this thesis,the bitcoin to US dollar exchange rate is examined through various conditional variance models to describe its highly volatile nature. We examine whether the introduction of bitcoin futurescontractsin late 2017 has had a decreasing impact on price volatility by estimatingthe unconditional variance. The log-return of the bitcoin exchange rate is analysed,and there is evidence of volatility clustering and time-varying volatility. Consequently, the variance is modelled thro…
Servitization in Manufacturing: A case of Pakistani Firms
2016
Master's thesis Business Administration BE501 - University of Agder 2016 This study revolves around manufacturing firms which opted to go for servitization while how successful they were in understanding the meaning of servitization in order to make their customers more satisfied. The study also examined the other important side as how important role a customer play in servitization process. Firms had some difficulties in becoming service oriented so this aspect was also covered. Qualitative research method is applied and data was collected through skype interviews which was later analysed to get results. Result depicts more customers are gained by incorporating service with products. It sh…
Bærekraftsatsing, mer enn bare prat? : En kvalitativ studie av bærekraftsatsingen i en Michelin-bedrift
2021
Master's thesis in Business administration (BE501) Klimautfordringer er et internasjonalt problem. Dette har ført til at det i løpet av de siste årene har vokst frem en stadig større bevissthet omkring de negative konsekvensene en organisasjon har på miljøet (Fjørtoft et al., 2019, s. 182). Det har samtidig blitt rettet et større fokus på hvordan organisasjoner kan bidra for å endre kursen mot et mer bærekraftig samfunn (Ditlev-Simonsen, 2014, s. 192).Det er imidlertid slik at mye av samfunnsansvaret som organisasjoner tar i dag ofte bærer preg av å være symbolsk (Fjørtoft et al., 2019, s 185). Enkelte selskaper bruker beslutningene om samfunnsansvar som et virkemiddel for å vinne legitimit…
Strategisk regnskapsanalyse og verdsettelse av Lerøy Seafood Group ASA
2018
Masteroppgave økonomi og administrasjon BE501 - Universitetet i Agder 2018 Konfidensiell til / confidential until 01.07.2023
Internationalization Through Networks to Emerging Economies : Cases of Norwegian Aquaculture Companies Entering Indonesia
2017
Master's thesis Business Administration BE501 - University of Agder 2017 Thematically, this thesis has been conducted to explore and extend knowledge about international business operations; going in-depth on aspects of internationalization processes, impact of national institutions, networking, and decision-making. With basis in the Uppsala theory of internationalization (Johanson & Vahlne, 2009), these themes are investigated in the context of Norwegian firms entering the Indonesian aquaculture industry. An abduction approach has been used as methodology, and data samples have been gathered through four open-ended interviews with three case firms, and one Norwegian governmental agency, In…
SME Entrepreneurial Orientation, Performance, and the Moderating Role of Firm Resources
2017
Master's thesis Business Administration BE501 - University of Agder 2017 The effects of entrepreneurial orientation on firm performance are grounded and well established. However, when accounting for potential factors having a moderating effect on this relationship, most scholarly attention has been given environmental factors, thus consequently, potential organizational implications on this relationship have been neglected. In response, this article discusses what role specific organizational factors play in moderating the relationship between entrepreneurial orientation and performance. Representing firm resources, data on intellectual and financial resources are analyzed. A conceptual fr…
Leans 14 ledelsesprinsipper i opplevelsesnæringen : En casestudie av Dyreparken
2017
Masteroppgave økonomi og administrasjon BE501 - Universitetet i Agder 2017 Formålet med oppgaven har vært å forklare overføringen av de 14 ledelsesprinsippene innen Lean til opplevelsesnæringen og samtidig se på hvilke effekter dette kan resultere i. Lean handler om å skape mest mulig kundeverdi med minst mulig ressurser. Dette gjøres blant annet ved å fokusere på flyt, oversiktlige prosesser og kontinuerlig forbedring (Wig, 2013). De 14 ledelsesprinsippene er Jeffrey K. Likers sammenfatning av Lean. Ledelsesprinsippene er delt inn i hovedkategoriene: langsiktig filosofi, riktige prosesser skaper riktige resultater, utvikle ansatte og partnere og løse kontinuerlig grunnleggende problemer, s…