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This paper examines the weak form EMH regarding to the china’s stock markets and the role of WTO accession in the market efficiency. We consider A share and B share and composite index traded on the Shanghai Stock Exchange and Shenzhen Stock Exchange using daily data for 6 indexes for the period from the earliest available data to 2008/03/14. We assume WTO accession plays a positive role in the Ch
International trade costs still matter. As traditional barriers to trade continue to diminish in importance, the question is how trade costs can be further lowered to promote international trade. Migrants can lower trade costs between their country of birth and their country of residence, particularly through the information channel. I use a gravity model of international trade to estimate the ext
Many of the water bodies in Europe are in bad ecological condition due to anthropologic impacts. Pollution and morphological changes have had a severe impact of the water environment and flora and fauna associated with such environments. The fact that water courses often cross administrative borders within countries as well as internationally makes the water management that much more difficult. Th
The overall objective of this thesis was to investigate how CSR is approached by commercial banks in the U.S and Sweden respectively. We have therefore made a comparative analysis of the national differences in terms of CSR. This research was done by introducing and identifying dimensions that affect the CSR practices in each country. These dimensions have been analyzed based on the national busin
OMX spreads decline from 2001-2006. The average volume and average number of trades / trading frequency increases over this period, whereas the average trade size decreases consistent with greater retail investor activity. Macroeconomic factors such as interest rates, inflation rate and GDP rate do not seem to affect changes in the spreads.
The overall objective of this thesis was to investigate how CSR is approached by commercial banks in the U.S and Sweden respectively. We have therefore made a comparative analysis of the national differences in terms of CSR. This research was done by introducing and identifying dimensions that affect the CSR practices in each country. These dimensions have been analyzed based on the national busin
In this report, the implementation of a technology called sensor-based sorting technology is analyzed from different perspectives. The technology can be used to identify individual particles in order to sort wanted material from unwanted material. Today, the technology is widely used in different industries such as the food industry, the recycling industry, and to some extent the mining and minera
This thesis investigates the ontological meta-narratives of glitch art and focuses on it as the transition from images with noise, into a site of meaning. In the first chapter I will discuss glitch art as a failure in communication that stimulates our perception. By relating glitch art to noise art, I will describe the prevalence of a common artistic approach towards errors, while through Fiske’s
The purpose of this thesis is to explore the possibility of asymmetry in the dynamic conditional correlation of stock returns and gold returns. We hypothesize that this asymmetry might be different for large and small firms, as a result of size specific characteristics that may influence firm profitability and risk following negative market shocks. We investigate this on three different sized U.S.
The sun is an important reason to why there is life on earth. To be able to predict future solar activity it is important to uncover past solar activity and its cyclicity. This thesis investigates the solar activity throughout the past 2000-years to the beginning of 21th century. Diagrams which contain relevant data from radionuclide and sunspot records have been constructed to get a better overvi
This paper addresses the Environmental Management System (EMS) frameworks among the twenty-five biggest oil companies in the world. An Environmental Management System is a framework which can be used by companies to structurally control and manage their environmental aspects and impacts. Specifically in this study, focus is put on the content and structural set-up of EMS frameworks. The study look
It is indisputable that in order for an organization to act within a society, legitimacy is needed. A peace-building organization in a post-war society this might be even truer. This thesis attempt to answer how it is possible to understand legitimacy in relation to peace-building. By participating observational study and semi-structured interviews I have collected empirical material from a peace-
All languages distinguish between genders to a varying degree. Gender stereotypes in language are often gender-specific, where agentic words are considered as male and communal words are considered as female. Studies have found that countries with gendered languages express more sexism, compared to countries with natural gender or gender-neutral languages. The following study will investigate the
The objective for this master thesis has been to develop a mathematical model of the actuator parts of the fifth generation Haldex AWD system. The parts to be modeled are the DC-Machine and the pump. Also a model of the elasticity of the clutch has to be derived as well as a model for the hydraulic fluid. These models were then to be implemented in Matlab Simulink. The model was derived by means o
Employment integration of non-Swedish residents into the Swedish labor market increasingly sparks political debate and begs further exploration. While some scholars try to focus on pre-arrival characteristics as determinants of an immigrant’s future employment prospects, this project attempts to examine the degree to which municipal-level conditions influence the local employment rate amongst non-
The paper analyses whether net wealth and property taxation would be a more desirable alternative to other forms of wealth transfer taxation applied in the current tax system of the United Kingdom. It firstly discusses key features of desirable tax system and then methodically applies each form of the taxation towards this framework. Special attention is given to horizontal and vertical equality o
