À STMicroelectronics, l'équipe de Business Intelligence est confrontée à exploiter quotidiennement des données et des informations pour créer des rapports d'activité afin de superviser la production. Dans une telle organisation industrielle, les produits changent régulièrement et les données peuvent rapidement devenir obsolètes. Par conséquent, au fil du temps, le nombre de rapports crées est de plus en plus important, tandis que les connaissances sur leur création sont perdues. Ceci est illustré dans une évaluation qualitative et quantitative de la partie principale du système de connaissances à STMicroelectronics.Ainsi, des problèmes d'obsolescence, de duplication, de non-centralisation et de prolifération continuent à surgir. Ce travail doit, donc, répondre à la question de recherche générale suivante:Comment assurer une capitalisation continue des connaissances métier?Pour répondre à cette question, un cycle d'amélioration continue pour la capitalisation des connaissances est proposé. Son objectif est de capitaliser efficacement et en permanence les connaissances, tout en ciblant les besoins métier et assurant une solution évolutive. Un système de Business Intelligence pour la Business Intelligence (BI4BI) est proposé. Comme la connaissance est intégrée non seulement dans les systèmes et les outils, mais aussi détenue par les humains et leurs pratiques, notre solution de capitalisation de connaissances proposée implique aussi les utilisateurs et les organisations: elle propose de recueillir les points de vue des utilisateurs pour les intégrer dans la représentation des connaissances et dans notre système BI4BI. / At STMicroelectronics, the Business Intelligence team is daily confronted to exploit data and information to create reports about manufacturing activities in order to supervise it. In such an industrial organization, products change regularly and data can quickly become obsolete. Consequently, over time, the number of created reports is highly growing, while knowledge about their creation is lost. This is shown in a qualitative and quantitative evaluation of the main part of the STMicroelectronics' knowledge system.As a result, problems related to knowledge obsolescence, duplication, non-centralization and proliferation continuously arise. Therefore, this work addresses the general following research question:How to ensure a continuous expert knowledge capitalization?To answer this question, a continuous improvement cycle for knowledge capitalization is proposed. Its objective is to effectively and continuously capitalize expert knowledge while targeting business needs and providing an evolving solution. It is based on a Business Intelligence for Business Intelligence system (BI4BI). Since knowledge is embedded not only in systems and tools, but also in human minds and practices, our proposed knowledge capitalization solution also involves people and organizations: it proposes to collect users' feedbacks and insights to integrate them in knowledge representation and in our BI4BI tool.

Leasing har generellt sett varit en attraktiv finansieringsmetod för företag att erhålla de tillgångar som krävs för att kunna konkurrera inom sin bransch. Med IAS 17 kan leasingavtal klassificeras som antingen finansiella eller operationella vilket påverkar hur företagen redovisar sina leasingavtal. Operationell leasing har skapat möjligheter för företag att hålla sin finansiering utanför balansräkningarna och därmed dold för företagens externa intressenter. Företagen har på så vis kunnat visa en bättre bild av deras finansiella ställning samt prestation. Denna problematik försöker nu International Accounting Standards Board (IASB) åtgärda genom att införa den nya redovisningsstandarden IFRS 16. Denna nya redovisningsstandard leder till att alla börsnoterade bolag nu tvingas redovisa alla sina leasingavtal som finansiella vilket innebär att de blir kapitaliserade i företagens finansiella rapporter. Syftet med denna studie är att förklara IFRS 16 och de effekter en kapitalisering av operationella leasingavtal kan ha på ett företags finansiella rapporter samt nyckeltal. Utöver detta vill vi skapa en förståelse för hur denna förändring kan påverka kreditgivares bedömningar av de finansiella rapporterna utifrån egenskaperna i IASBs konceptuella föreställningsram. Vi har med hjälp av en kapitalisering fört in ett företags operationella leasingavtal i deras resultat- och balansräkning och därefter studerat effekterna på de finansiella nyckeltalen. Detta material har därefter använts vid intervjuer med olika kreditgivare. Resultatet av vår studie visar att de finansiella rapporterna samt nyckeltalen påverkas vid en övergång till IFRS 16. En annan slutsats av vår studie är att kreditgivare får en mer rättvisande bild av företagets finansiella ställning samt att jämförbarheten ökar vid en kapitalisering av de operationella leasingavtalen. / Leasing has generally been an attractive financing method for companies to obtain the assets required to compete in its industry. With IAS 17, leases can be classified as either financial or operating leases, which affects how companies report their leases. Operating leases has created opportunities for companies to keep their financing outside their balance sheets and thus hidden from the companies’ external stakeholders. The companies have thus been able to show a better picture of their financial position and performance. International Accounting Standards Board (IASB) now seeks to resolve this issue by introducing a new accounting standard called the IFRS 16. This new accounting standard means that all listed companies now have to report all their leasing contracts as financial, which means they are capitalized in the company's financial reports. The purpose of this study is to explain IFRS 16 and the effects a capitalization of operating leases can have on a company's financial reports and key ratios. In addition, we want to create an understanding of how this change can affect creditors' assessments of financial reports based on the features of the IASB Conceptual Framework. With the help of a capitalization, we have entered a company's operating leases in their income statement and balance sheet and subsequently studied the effects on the key financial ratios. This material has then been used in interviews with different creditors. The results of our study show that the financial statements and key ratios are affected by a transition to IFRS 16. Another conclusion of our study is that creditors get a more faithful representation of the company's financial position and that the comparability increases when a company’s operating leases are capitalized.

Submitted by Jordan (jordanbiblio@gmail.com) on 2016-09-21T16:16:44Z No. of bitstreams: 1 DISS_2015_Renata Vilela Rodrigues.pdf: 3049901 bytes, checksum: a6dc6735c6b97aaeff0a135c3ee208c8 (MD5) / Approved for entry into archive by Jordan (jordanbiblio@gmail.com) on 2016-09-21T16:17:37Z (GMT) No. of bitstreams: 1 DISS_2015_Renata Vilela Rodrigues.pdf: 3049901 bytes, checksum: a6dc6735c6b97aaeff0a135c3ee208c8 (MD5) / Made available in DSpace on 2016-09-21T16:17:37Z (GMT). No. of bitstreams: 1 DISS_2015_Renata Vilela Rodrigues.pdf: 3049901 bytes, checksum: a6dc6735c6b97aaeff0a135c3ee208c8 (MD5) Previous issue date: 2015-03-30 / CAPES / As utilizações de biotecnologias direcionadas à manipulação das células-tronco do cordão umbilical parecem se constituir como novas promessas para a cura de algumas patologias existentes e outras que sequer foram identificadas. Tais biotecnologias acabam por viabilizar modos de subjetividades configuradas como precaucionárias, amedrontadas e empresariais, as quais reivindicam para si o cuidado de sua saúde e a otimização da vitalidade. Na biopolítica contemporânea, as células-tronco do sangue do cordão umbilical fazem parte de uma faceta da capitalização da vida, que consiste em valoração econômica e afetiva dessa parte do corpo. Apoiado nos aportes teórico-metodológicos focaultianos e da Teoria Ator-Rede (ou estudos de Ciência, Tecnologia e Sociedade), este trabalho tem como objetivo problematizar as estratégias biopolíticas, na contemporaneidade, as quais impulsionam uma capitalização da vida nos bancos públicos e privados de células-tronco do cordão umbilical, com foco no Brasil. Nesses bancos, partes do corpo tornam-se fonte de capital, as quais se ligam a uma rede heterogênea de aparatos biotecnológicos que mobilizam biossocialidades articuladas a políticas de afetividade. Ao depositarem o sangue nos bancos privados e públicos, os pais, na medida em que estão se precavendo contra possíveis doenças futurológicas, apostam e participam dos avanços biotecnológicos da biomedicina e enredam um espaço de troca de informações, de socialidades e de afetividades mediadas principalmente por estratégias de marketing, que, mais do que certezas quanto às utilizações das células umbilicais, fomentam a segregação e as desigualdades sociais, no Brasil. / The uses of biotechnologies directed to manipulation of the umbilical cord stem cells seem to be as new promises for the cure of certain existing conditions and others have even been identified. Such biotechnologies ultimately enable subjectivities modes configured as precaucionárias, frightened and business, which claim for themselves the care of your health and the optimization of vitality. In contemporary biopolitics, the umbilical cord blood stem cells are part of a facet of the capitalization of life, which consists of economic and affective valuation of that part of the body. Supported in focaultianos theoretical and methodological contributions and the Actor-Network Theory (or studies of Science, Technology and Society), this paper aims to discuss the biopolitics strategies, in contemporary times, which drive a market capitalization of life in public and private banks stem cells from umbilical cord, with focus on Brazil. In these banks, body parts become a source of capital, which bind to a heterogeneous network of biotechnical devices that mobilize biossocialidades articulated affectivity policies. To deposit the blood in private and public banks, the parentes are being precautious against possible futurological diseases, and participate in the biotechnological advances in biomedicine and entangle an information exchange space, socialities and affectivity mediated primarily by marketing strategies, which, more than certainties as to the uses of umbilical cells, promote segregation and social inequalities in Brazil.

Submitted by Jordan (jordanbiblio@gmail.com) on 2016-09-21T16:16:44Z No. of bitstreams: 1 DISS_2015_Renata Vilela Rodrigues.pdf: 3049901 bytes, checksum: a6dc6735c6b97aaeff0a135c3ee208c8 (MD5) / Approved for entry into archive by Jordan (jordanbiblio@gmail.com) on 2016-09-21T16:17:37Z (GMT) No. of bitstreams: 1 DISS_2015_Renata Vilela Rodrigues.pdf: 3049901 bytes, checksum: a6dc6735c6b97aaeff0a135c3ee208c8 (MD5) / Made available in DSpace on 2016-09-21T16:17:37Z (GMT). No. of bitstreams: 1 DISS_2015_Renata Vilela Rodrigues.pdf: 3049901 bytes, checksum: a6dc6735c6b97aaeff0a135c3ee208c8 (MD5) Previous issue date: 2015-03-30 / CAPES / As utilizações de biotecnologias direcionadas à manipulação das células-tronco do cordão umbilical parecem se constituir como novas promessas para a cura de algumas patologias existentes e outras que sequer foram identificadas. Tais biotecnologias acabam por viabilizar modos de subjetividades configuradas como precaucionárias, amedrontadas e empresariais, as quais reivindicam para si o cuidado de sua saúde e a otimização da vitalidade. Na biopolítica contemporânea, as células-tronco do sangue do cordão umbilical fazem parte de uma faceta da capitalização da vida, que consiste em valoração econômica e afetiva dessa parte do corpo. Apoiado nos aportes teórico-metodológicos focaultianos e da Teoria Ator-Rede (ou estudos de Ciência, Tecnologia e Sociedade), este trabalho tem como objetivo problematizar as estratégias biopolíticas, na contemporaneidade, as quais impulsionam uma capitalização da vida nos bancos públicos e privados de células-tronco do cordão umbilical, com foco no Brasil. Nesses bancos, partes do corpo tornam-se fonte de capital, as quais se ligam a uma rede heterogênea de aparatos biotecnológicos que mobilizam biossocialidades articuladas a políticas de afetividade. Ao depositarem o sangue nos bancos privados e públicos, os pais, na medida em que estão se precavendo contra possíveis doenças futurológicas, apostam e participam dos avanços biotecnológicos da biomedicina e enredam um espaço de troca de informações, de socialidades e de afetividades mediadas principalmente por estratégias de marketing, que, mais do que certezas quanto às utilizações das células umbilicais, fomentam a segregação e as desigualdades sociais, no Brasil. / The uses of biotechnologies directed to manipulation of the umbilical cord stem cells seem to be as new promises for the cure of certain existing conditions and others have even been identified. Such biotechnologies ultimately enable subjectivities modes configured as precaucionárias, frightened and business, which claim for themselves the care of your health and the optimization of vitality. In contemporary biopolitics, the umbilical cord blood stem cells are part of a facet of the capitalization of life, which consists of economic and affective valuation of that part of the body. Supported in focaultianos theoretical and methodological contributions and the Actor-Network Theory (or studies of Science, Technology and Society), this paper aims to discuss the biopolitics strategies, in contemporary times, which drive a market capitalization of life in public and private banks stem cells from umbilical cord, with focus on Brazil. In these banks, body parts become a source of capital, which bind to a heterogeneous network of biotechnical devices that mobilize biossocialidades articulated affectivity policies. To deposit the blood in private and public banks, the parentes are being precautious against possible futurological diseases, and participate in the biotechnological advances in biomedicine and entangle an information exchange space, socialities and affectivity mediated primarily by marketing strategies, which, more than certainties as to the uses of umbilical cells, promote segregation and social inequalities in Brazil.

The paper deals with stock market indices. It reveals the flaws inherent in traditional market capitalization weighted indices, that causes a return drag. At the same time it shows how you can get rid of these flaws by using fundamental indices, and gives proofs about their superiority. The practical part focuses on building fundamental indices of czech stocks traded on the Prague Stock Exchange, dealing with historical data. It empirically demonstrates their outperformance of a benchmark market capitalization weighted index.

The graduation theses solves the interrealationsship and the differences between the income trading and the tax base. There are described and practically documented the adjustments that are necessary within the transformation. Of these adjustments there is in more detail described the depreciation of the fixed assets and the adjustments to the trade receivables. There is solved the impact of the error correction in the accounting to the tax base too. The significant part of this theses solves the problem of the thin capitalization. This problem is analysed with the view of the rigor juris in the tax period of 2008,2009 and 2010

Technique, industrialization and capitalism are the tonic of French society of the 19th century. The mercantilization of literature, phenomenon from various implications, as literacy and new techniques of production and distribution, is analyzed with the theoretical contribution of authors such as Roger Chartier (2009), Christophe Charle (1991) and Renato Ortiz (2001). In Balzac we analyze two works of his The Human Comedy, namely: Lost Illusions (1835-1845) and Eugénie Grandet (1833). The frustrations of the young Lucien of the Lost Illusions are put into review in relations between province and capital, as well as the conflict between the rich bourgeoisie and the aristocracy who sought to maintain a noble tradition. Avarice and evil are candescent elements in Eugénie Grandet, in so far as Mister Grandet is commanded by an excessive avarice. In the relationship with his daughter Eugenie and all around her, emotional ties are broken by the love of money, so the notion of experience is dull. We treat these works in the light of experts as Nicole Mozet (1998), Paulo Rónai (2012), François Taillandier (2005) and still Pierre-Louis Rey (1979), Paul Ricoeur (1988), JoëlleGleize (1994). In Benjamin, we'll treat some fundamental elements of his thought: loss of experience, the notion of history and the loss of aura. These elements are contained in his great project of Passages, and also in primary texts as the Theses on the Philosophy of History (1940), his essay about Baudelaire or also Experience and poverty (1933). Fund of authors as Lukács (1999), Sergio Paulo Rouanet (2005), Jeanne Marie Gagnebin (2009), Karl Marx (2008), Theodor Adorno (1985), Hannah Arendt (2010) show up with pertinent issues to Benjamin's thought. The flâneur, gaming and prostitution figures, highlighted by Benjamin will be an important link in decoding the intricacies of France of the 19th century, also establishing a link with the work of Balzac and literature then produced. That same France coveted titles of obsolet nobility, while selling literature as it sells a cap or any other industrialized object. / Técnica, industrialização e capitalismo são a tônica da sociedade francesa do século XIX. A mercantilização da literatura, fenômeno de várias implicações como alfabetização e inovações técnicas de produção e distribuição, é analisada com o aporte teórico de autores como Roger Chartier (2009), Christophe Charle (1991) e Renato Ortiz (2001). Em Balzac analisaremos duas obras da sua Comédia Humana, a saber: Ilusões Perdidas (1835-1845) e Eugénie Grandet (1833). As frustrações do jovem Lucien das Ilusões Perdidas são postas em revista nas relações província e capital, assim como no conflito entre a rica burguesia e a aristocracia que buscava a manutenção de uma tradição nobre. Avareza e mal são elementos candentes em Eugénie Grandet, na medida em que o senhor Grandet é comandado por uma avareza desmedida. Na relação com sua filha Eugénie e com todos a seu redor, laços afetivos são triturados pelo amor ao dinheiro, também a noção de experiência é embotada. Trataremos dessas obras à luz de especialistas como Nicole Mozet (1998), Paulo Rónai (2012), François Taillandier (2005) e ainda Pierre- Louis Rey (1979), Paul Ricoeur (1988), Joëlle Gleize (1994). Em Benjamin trataremos de alguns elementos fundamentais de seu pensamento: a perda da experiência, a noção de história e a perda da aura. Tais elementos estão contidos no seu grande projeto das Passagens e também em textos primordiais como as “Teses sobre o conceito de história” (1940), seu ensaio sobre “Baudelaire” ou ainda “Experiência e pobreza” (1933). Autores de cabedal como Lukács (1999), Sérgio Paulo Rouanet (2005), Jeanne Marie Gagnebin (2009), Karl Marx (2008), Theodor Adorno (1985), Hannah Arendt (2010) comparecem com problemáticas pertinentes ao pensamento benjaminiano. As figuras do flâneur, do jogo e da prostituição destacadas por Benjamin serão um elo importante na decodificação dos meandros da França do XIX, estabelecendo ainda um nexo com a obra de Balzac e com a literatura produzida então. Esta mesma França cobiçava obsoletos títulos de nobreza e ao mesmo tempo vendia a literatura como se vende um boné ou qualquer outro objeto industrializado.

The purpose of this diploma thesis is to clarify partial techniques of real estate income approach valuation. The object of this thesis is to create a complex overview of valuation techniques and methods used in income approach valuation. First, basic methodologies from field of market economy, valuation, financial mathematics and statistics, will be defined. In next section of this thesis, the income approach valuation methods and techniques will be defined as well as contribution of financial modelling to this approach. Following, several properties will be generalized in terms of cash flow inflows and outflows and exact techniques will be applied accordingly.

Since the implementation of the Basel II framework in 2007, banks have been given the  opportunity to apply for the option to develop intern models for calculating their required capital. The purpose with this opportunity is that the capital requirements will correspond to the real risk exposure. This has been criticized, since there are incentives for the bank to do  an incorrect risk assessment intentionally and through that get a lower capital requirement. In this report we study how this opportunity affects the banks’ capitalization and if stricter capital requirements in fact leads to that the Swedish banks are better prepared for a financial crisis. The report also describes the risks that this opportunity to internal rating  causes. The study has been done by qualitative method where seven people, with different interests in the market, have been interviewed. By the answers given by the respondents and by earlier publications this report reveals that stronger capitalization is positive, but that  the Basel framework causes a risk that the banks intentionally underestimates  their risks. Nor is it possible to conclude that the banks are better prepared for a crisis afterthe implementation. This is because the IRB approach is something new and therefore  not optimized and yet balanced.

With the rise of the millennial generation, a new roster of cities has sprung to life – the 18-hour cities. They can be defined as a vibrant second-tier city where there’s a big potential for employment and economic growth and at the same time they offer a lower cost of living and doing business than in 24-hour gateway cities like New York City or San Francisco. They have been named the hottest places for real estate investments by industry literature which poses the question if 18-hour cities really offer better investments than 24-hour cities. This paper uses a statistical analysis framework complemented with qualitative interviews of industry professionals based in 18-hour markets to test this notion. From the statistical analysis, it has been found that 18-hour cities offer higher yields than the 24-hour markets but the cash return cannot be said do differ between the two. Furthermore, the interviews with industry professionals indicate that the 18-hour markets have major future growth prospects because of their job growth, population growth and the large in-migration of high-skilled labor gravitating towards these amenity-rich areas where they can receive the highest reward-for-skill / Med millenniegenerationens framfart har en ny rad städer vaknat till liv – 18-timmarsstäderna. De kan definieras som en levande andrastad där det finns stor potential för arbete och ekonomisk tillväxt samtidigt som de erbjuder lägre levnadskostnad och kostnad för att driva företag än 24-timmarsstäder som New York eller San Francisco. De har utsetts till de hetaste marknaderna för fastighetsinvesteringar av tidsskrifter vilket väcker frågan om 18-timmarsstäder verkligen erbjuder bättre investeringsmöjligheter än 24-timmarsstäder. Denna studie använder statistisk analys kompletterat med intervjuer av personer verksamma i fastighetsbranschen för att testa den hypotesen. Från den statistiska analysen fanns det att 18-timmarsstäder erbjuder högre direktavkastning än 24-timmarsstäder men avkastningen på kapital kan inte säga skiljas mellan de två klustren. Vidare indikerade intervjuerna med branschfolk att 18-timmarsstäder har stor framtida tillväxtpotential tack vare stark jobbtillväxt, befolkningsökning och stor inflyttning av högutbildad arbetskraft som drar sig till områden med mycket bekvämligheter och där de kan få bäst belöning för sin utbildningsnivå.