OPSOMMING Gebeurlikhede kan omskryf word as onsekere omstandighede van positiewe of negatiewe aard wat, onafhanklik van die verweerder se optrede en indien dit sou realiseer, waarskynlik 'n persoon se gesondheid, inkomste, verdienvermoë, lewenskwaliteit, lewensverwagting of onderhoudsafhanklikheid in die toekoms kan beïnvloed of in die verlede kon beïnvloed het en wat gevolglik op billike en realistiese wyse in ag geneem moet word ter bepaling van die skadevergoedingsbedrag. Die skadevergoedingsbedrag kan vanweë gebeurlikhede verminder of vermeerder word waar die eiser wel met `n oorwig van waarskynlikheid die volle omvang van die skade bewys het, maar die hof nie kon oortuig dat geen ander oorsaak die skade waarskynlik ook sou kon veroorsaak nie (sg "gebeurlikheids-aanpassings"). In gevalle waar die eiser nie die volle omvang van die skade op `n oorwig van waarskynlikheid kon bewys nie, kan die hof nogtans `n verminderde bedrag toeken op grond van die gebeurlikheid dat die skade wel waarskynlik in die toekoms kan realiseer (sg "gebeurlikheidstoekennings"). Die eiser moet getuienis voorlê van gebeurlikhede wat die skadevergoedingsbedrag sal verhoog, en die verweerder van gebeurlikhede wat die skadevergoedingsbedrag sal verlaag. Die waarskynlikheid dat die gebeurlikheid sal realiseer, moet deur die hof aan die hand van objektiewe maatstawwe en op grond van feitelike bewerings en logiese afleidings uit deskundige en ander getuienis in die vorm van `n waarskynlikheidsgraad van tussen vyf persent en tagtig persent uitgedruk word. Hipotetiese kousaliteit word deur die hof aangewend om gebeurlikhede op `n billike wyse in ag te neem en verwys na die kousale ketting van hipotetiese feite wat waarskynlik sou gerealiseer het indien die skadestigtende gebeurtenis nie plaasgevind het nie. Gebeurlikhede kan in twee kategorieë geklassifiseer word: Algemene gebeurlikhede wat gewoonlik in enige stadium by alle persone kan voorkom (bv vroeë dood, siekte ens) en spesifieke gebeurlikhede wat gewoonlik op spesifieke tydstippe by spesifieke individue kan voorkom (bv hertroue, egskeiding ens). Terwyl die hof geregtelik kennis behoort te kan neem van die invloed van algemene gebeurlikhede, behoort die hof hoofsaaklik op grond van ondersteunende getuienis van die invloed van spesifieke gebeurlikhede oortuig te word. Algemene gebeurlikheidsaanpassings is gewoonlik relatief laag (gemiddeld tien persent), terwyl gebeurlikheidsaanpassings vir spesifieke gebeurlikhede fluktueer (gewoonlik tussen vyf persent en vyftig persent), afhangende van die getuienis en omstandighede van die eiser. Gebeurlikheidstoekennings is gewoonlik laer as vyftig persent. SUMMARY Contingencies can be described as uncertain circumstances of a positive or negative nature which, independent of the defendant's conduct and if it should realise, would probably influence a person's health, income, earning capacity, quality of life, life expectancy or dependency on support in future or could have done so in the past, and which must consequently be taken into account in a fair and realistic manner in the quantification of damages. Contingencies can be used to increase or reduce damages in circumstances where the plaintiff succeeded in proving the full loss on a preponderance of probability, but could not convince the court that there was no probability that any other cause could also have given rise to the loss (so-called "contingency adjustments"). In circumstances where the plaintiff could not prove the full loss on a preponderance of probability, the court can nevertheless award a reduced amount on the basis of the contingency that loss could probably realise in future (so-called "contingency allowances"). The plaintiff must adduce evidence of contingencies that can increase damages, and the defendant of contingencies that can reduce damages. The degree of probability that the contingency will realise, must be expressed by the court as a percentage of between five percent and eighty percent, in view of objective measures and on the basis of factual allegations and logical deductions derived from expert and other evidence. Hypothetical causation assists the court in taking account of contingencies in a fair manner and refers to the causal link of hypothetical events which would probably have realised if the damage-causing event did not occur. Contingencies can be classified into two categories: General contingencies that usually can be present in the lives of all people at any point in time (eg early death, sickness, etc) and specific contingencies that usually are present in the lives of specific individuals at specific times (eg remarriage, divorce, etc). While the court should be able to take legal notice of the influence of general contingencies, the court should be convinced of the influence of specific contingencies primarily on the basis of supporting evidence. General contingency adjustments are usually relatively low (on average ten per cent), while contingency adjustments for specific contingencies fluctuate (usually between five per cent and fifty per cent), depending on the evidence and circumstances of the plaintiff. Contingency allowances are usually lower than fifty per cent. / Jurisprudence / LL.D

OPSOMMING Gebeurlikhede kan omskryf word as onsekere omstandighede van positiewe of negatiewe aard wat, onafhanklik van die verweerder se optrede en indien dit sou realiseer, waarskynlik 'n persoon se gesondheid, inkomste, verdienvermoë, lewenskwaliteit, lewensverwagting of onderhoudsafhanklikheid in die toekoms kan beïnvloed of in die verlede kon beïnvloed het en wat gevolglik op billike en realistiese wyse in ag geneem moet word ter bepaling van die skadevergoedingsbedrag. Die skadevergoedingsbedrag kan vanweë gebeurlikhede verminder of vermeerder word waar die eiser wel met `n oorwig van waarskynlikheid die volle omvang van die skade bewys het, maar die hof nie kon oortuig dat geen ander oorsaak die skade waarskynlik ook sou kon veroorsaak nie (sg "gebeurlikheids-aanpassings"). In gevalle waar die eiser nie die volle omvang van die skade op `n oorwig van waarskynlikheid kon bewys nie, kan die hof nogtans `n verminderde bedrag toeken op grond van die gebeurlikheid dat die skade wel waarskynlik in die toekoms kan realiseer (sg "gebeurlikheidstoekennings"). Die eiser moet getuienis voorlê van gebeurlikhede wat die skadevergoedingsbedrag sal verhoog, en die verweerder van gebeurlikhede wat die skadevergoedingsbedrag sal verlaag. Die waarskynlikheid dat die gebeurlikheid sal realiseer, moet deur die hof aan die hand van objektiewe maatstawwe en op grond van feitelike bewerings en logiese afleidings uit deskundige en ander getuienis in die vorm van `n waarskynlikheidsgraad van tussen vyf persent en tagtig persent uitgedruk word. Hipotetiese kousaliteit word deur die hof aangewend om gebeurlikhede op `n billike wyse in ag te neem en verwys na die kousale ketting van hipotetiese feite wat waarskynlik sou gerealiseer het indien die skadestigtende gebeurtenis nie plaasgevind het nie. Gebeurlikhede kan in twee kategorieë geklassifiseer word: Algemene gebeurlikhede wat gewoonlik in enige stadium by alle persone kan voorkom (bv vroeë dood, siekte ens) en spesifieke gebeurlikhede wat gewoonlik op spesifieke tydstippe by spesifieke individue kan voorkom (bv hertroue, egskeiding ens). Terwyl die hof geregtelik kennis behoort te kan neem van die invloed van algemene gebeurlikhede, behoort die hof hoofsaaklik op grond van ondersteunende getuienis van die invloed van spesifieke gebeurlikhede oortuig te word. Algemene gebeurlikheidsaanpassings is gewoonlik relatief laag (gemiddeld tien persent), terwyl gebeurlikheidsaanpassings vir spesifieke gebeurlikhede fluktueer (gewoonlik tussen vyf persent en vyftig persent), afhangende van die getuienis en omstandighede van die eiser. Gebeurlikheidstoekennings is gewoonlik laer as vyftig persent. SUMMARY Contingencies can be described as uncertain circumstances of a positive or negative nature which, independent of the defendant's conduct and if it should realise, would probably influence a person's health, income, earning capacity, quality of life, life expectancy or dependency on support in future or could have done so in the past, and which must consequently be taken into account in a fair and realistic manner in the quantification of damages. Contingencies can be used to increase or reduce damages in circumstances where the plaintiff succeeded in proving the full loss on a preponderance of probability, but could not convince the court that there was no probability that any other cause could also have given rise to the loss (so-called "contingency adjustments"). In circumstances where the plaintiff could not prove the full loss on a preponderance of probability, the court can nevertheless award a reduced amount on the basis of the contingency that loss could probably realise in future (so-called "contingency allowances"). The plaintiff must adduce evidence of contingencies that can increase damages, and the defendant of contingencies that can reduce damages. The degree of probability that the contingency will realise, must be expressed by the court as a percentage of between five percent and eighty percent, in view of objective measures and on the basis of factual allegations and logical deductions derived from expert and other evidence. Hypothetical causation assists the court in taking account of contingencies in a fair manner and refers to the causal link of hypothetical events which would probably have realised if the damage-causing event did not occur. Contingencies can be classified into two categories: General contingencies that usually can be present in the lives of all people at any point in time (eg early death, sickness, etc) and specific contingencies that usually are present in the lives of specific individuals at specific times (eg remarriage, divorce, etc). While the court should be able to take legal notice of the influence of general contingencies, the court should be convinced of the influence of specific contingencies primarily on the basis of supporting evidence. General contingency adjustments are usually relatively low (on average ten per cent), while contingency adjustments for specific contingencies fluctuate (usually between five per cent and fifty per cent), depending on the evidence and circumstances of the plaintiff. Contingency allowances are usually lower than fifty per cent. / Jurisprudence / LL.D

Approved for public release, distribution is unlimited / A capabilities-based approach to contingency planning offers important opportunities to strengthen both Homeland Defense and Homeland Security. The Department of Defense (DOD) and the Department of Homeland Security (DHS) have already begun moving beyond traditional threat-based and scenario-based planning methodologies toward a more capabilities-based approach, but require embracing this concept more in order to counter challenges in developing contingency plans against current threats to the US Homeland. Additionally, given the critical responsibilities of state and local governments in Homeland Security, this planning approach might be applied far beyond the Federal government. This thesis examines ways that a specialized capabilities-based planning process might be applied to Homeland Defense and Homeland Security, and applies the proposed methodology to two case studies: the US Navy Component of US Northern Command and the New York City Fire Department. / Lieutenant Colonel, United States Army

Titel: Styrning inom svenska ekonomi- och handelshögskolor. -Marknadsstyrning, byråkratisk styrning eller klanstyrning? Bakgrund: I den forskning som finns kring styrning inom högre lärosäten förespråkas klan- och kulturstyrning som den styrform som bör användas eftersom högre lärosäten karaktäriseras av hög kunskap och samarbete. Samtidigt visar empirisk forskning att styrning inom högre lärosäten allt mer karaktäriseras av outputmätningar vilket leder till kontroverser. Flera av de studier som finns på ämnet är dessutom baserade utifrån ett medarbetarperspektiv vilket skapar ett gap i teorin kring hur frågan bemöts utifrån ett ledarskapsperspektiv. Syfte: Studiens syfte är att, utifrån ett ledarskapsperspektiv, kartlägga den styrning som sker inom svenska ekonomi- och handelshögskolor. Utöver detta ska studien även förklara huruvida olika situationsfaktorer påverkar styrningen samt hur dessa påverkar. Metod: Studien tar sin utgångspunkt i en kvalitativ studie där flera intervjuer har gjorts för att ge studien en omfattande och nyanserad bild av styrningen på svenska ekonomi- och handelshögskolor. Slutsats: Studiens resultat har visat att det förekommer en blandning av marknadsstyrning, byråkratisk styrning samt klanstyrning inom svenska ekonomi- och handelshögskolor. Studien har även visat att styrningen skiljer sig åt när det kommer till utbildning respektive forskning. Inom forskningen är marknadsstyrningen dominerande medan utbildningen har en större variation av styrformer. Det har också visat sig att flera av studiens situationsfaktorer har inverkan på den styrning som sker. / Title: Governance within Swedish economics and business schools. - Market mechanisms, Bureaucratic mechanisms or Clan mechanisms? Background: In current research on organizational control in higher education institutions, clan- and culture mechanisms is advocated as the form of organizational control that should be used due to the fact that higher education institutions are characterized by high knowledge and cooperation. At the same time, empirical research shows that organizational control within higher education institutions is increasingly characterized by output measurements. Several of the studies that concern the subject are also based on an employee perspective, which creates a gap in the theory of how the issue is addressed from a leadership perspective. Purpose: The aim of the study is to, based on a leadership perspective, chart the organizational control that takes place in Swedish economics and business schools. In addition, the study should also explain whether different situational factors affect the control and how these affect. Method: The study takes its starting point in a qualitative study in which several interviews have been made to give the study an extensive and nuanced picture of the organizational control at Swedish economics and business schools. Conclusion: The results of the study have shown that there is a mixture of market mechanisms, bureaucratic mechanisms and clan mechanisms within Swedish economics and business schools. The study has also shown that the organizational control differs when it comes to education and research. In research, market mechanisms is dominant, while education has a greater variety of forms of mechanisms. It has also been found that several of the study's situation factors have an influence on the organizational control that is taking place.

Bakgrund: Corporate rebranding är ett relativt nytt fenomen som innebär att ett företag väljer att omdefiniera sitt varumärke på grund av förändringar inom företaget eller omgivningen. Men det är fortfarande relativt ostuderat och ingen studie behandlar den eventuella kopplingen med en dynamisk marknad. Syfte: Syftet med denna studie är att skapa en förståelse för hur fenomenet corporate rebranding fungerar inom en dynamisk marknad, där vi valt att utgå från telekombranschen som exempelmarknad. Metod: Studien har en hermeneutisk ansats med ett deduktivt angreppssätt för kopplingen mellan teori och empiri. Studien har vidare använt sig av en komparativ design med fallstudieinslag utifrån en kvalitativ strategi. Referensram: Referensramen består av teorier om dynamiska marknader som leder in till globalisering, lokalisering samt glokalisering. Därefter definieras varumärke med respektive underliggande teorier och avslutningsvis corporate rebranding. Slutsats: Den dynamiska marknaden har gett upphov till ett stort antal rebranding-processer inom branschen, där tre strategier för att hantera ett nytt globalt varumärke har identifierats. Slutligen har varumärkets roll inom branschen blivit av en mer dynamisk karaktär där syftet är att ha ett varumärke som är mest lämpat för de förändringar som skett inom såväl den interna som externa miljön. / Background: Corporate Rebranding is relatively new phenomenon where a firm decides to redefine their brand due to changes within the company or the environment. But the amount of literature on the subject is lacking, and so far no one has studied the potential connection to a high-velocity environment. Purpose: The purpose of the study is to create an understanding of how Corporate Rebranding interacts with a high-velocity market by using the telecommunications industry. Methodology: The study was a hermeneutic endeavour with a deductive approach in linking theory and empirical evidence. In addition, a comparative case study using qualitative methods was performed. Theory: This chapter consists of theories on dynamic markets as well as glocalization, localization and globalization. This is followed by a definition of branding and finally Corporate Rebranding. Conclusion: The high-velocity market has been the root of numerous cases of rebranding and we have identified three different strategies for handling the adaptation to a new global brand. Finally, the role of the brand within the market has taken on a more dynamic role, where the purpose is to create a brand better suited for the changes in the internal as well as the external environment.

Security analysis of a power system requires a process called contingency analysis that analyzes results from all possible single contingencies (i.e. outages) in the system. The process of contingency analysis requires the definition of a parameter that is used to monitor a certain aspect of the system, which is called a performance index. The performance index definitions used traditionally have been highly nonlinear, and the results have not accurately predicted the outcome of the performance index in some cases. These incorrect results are referred to as misrankings since the contingency results are usually placed in order of severity so that the most severe cases are evident. This thesis considers a new definition of contingency ranking using a more linearized definition of the performance index. The construction of both the new, proposed definition and the classic definition both consider the current loading of circuits in the system as compared to their rated values. Specifically, the parameter measured by the proposed definition measures the difference, while the more nonlinear definition uses a ratio of the two quantities, which is then raised to a higher power. A small, four bus test system is used to demonstrate the benefits of the new, more linearized definition. The average percent error for all single line contingencies of the system decreased by over 9.5% using the proposed definition as compared to the previous one. This decrease in error allows this performance index to monitor a similar parameter (comparing current loading and current rating of the lines) and achieve a higher degree of accuracy. Further linearization of this proposed definition also shows a reduction in the average percent error by an additional 22% so that when compared to the original, highly nonlinear definition, the average error is reduced by almost 30%. By linearizing the definition of the performance index, the results are more accurate and misrankings are less likely to occur from the security analysis process.

Digitaliseringen har reformerat många aspekter av vårt samhälle och den pågående digitala utvecklingen är oundviklig. Organisationer tvingas därmed till två val; att genomgå förändring eller försvinna från marknaden. Genom en kvalitativ forskningsmetod ville vi skapa en ökad förståelse för digitaliseringens inverkan på en organisation med betoning på medarbetarskap och ledarskap. För att uppnå detta har vi genomfört en fallstudie tillsammans med Nordea Bank AB Sverige. Vi genomförde 12 stycken semistrukturerade intervjuer och observerade 3 stycken olika arbetsplatser för att på så sätt skapa en förståelse för digitaliseringens inverkan. Vid studiens start trodde vi att det var aktuellt att inkludera olika kön- och åldersperspektiv då vi ansåg att den digitala förändringen kunde leda till olika typer av upplevda erfarenheter. Dock visade det sig att det inte skiljde sig åt mellan könen men att det istället fanns en åtskillnad kring ålder och erfarenhet. Studiens resultat visade att Nordea Bank AB har valt att genomgå en digital förändring och att de hanterar detta på olika sätt utifrån medarbetarskap och ledarskap. Vi kan även fastslå att organisationen har kommit långt i sin digitala förändringsprocess då medarbetare dagligen kommer i kontakt med digitaliserade arbetsverktyg. Dock är vi medvetna om att banken kommer att möta ytterligare utmaningar och möjligheter vilket innebär att de måste ha ett förändringsbenäget beteende även i framtiden. / Digitalization has transformed many aspects of our society. Currently, digital development is inevitable. Organizations are forced to choose between transforming or disappearing from the market. Through a qualitative research method we wanted to create awareness of digitalization’s impact on employeeship and leadership. To achieve this, we conducted a case study with Nordea Bank AB Sweden. We also conducted 12 in-depth interviews and 3 different observations in order to gain a deeper understanding of digitalization’s impact on the work environment. In the beginning of this study we believed that we would find differences between gender and age. The results have shown that we could only find differences between ages and experiences among our respondents. Our study also showed that Nordea Bank AB has chosen to accept this digital transformation. We also concluded that the organization handled this change in different ways in relation to employeeship and leadership. Furthermore, the study showed that the organization has implemented their digital transformation well because their employees use their developed digital tools daily. However, we are aware that the bank needs to continuously adapt to the change because they will face new challenges and possibilities in the future.

Purpose: The population of Sweden is steadily increasing, which raises the need for new infrastructure and new buildings. To meet these demands the construction industry must become more efficient. According to several researchers, better leadership can be a part of accomplishing this. Discussions regarding leadership are mostly from the leaders’ perspective and usually the decisions about what kind of leadership is needed is made by the leaders themselves. Not very often do the followers get a chance to share their thoughts on what they need to become more efficient. Earlier research shows a correlation between motivation and efficiency. Therefore, this study attempt to find out what motivates construction workers. This study intended to examine what type of leadership construction workers think they need to become more efficient. The study’s aim was to contribute knowledge about how leadership can increase the efficiency on the construction site. Method: Two methods for data collection were used. A literary review based on effective leadership and interviews with construction workers about their thoughts on what type of leadership would increase their motivation and efficiency. Findings: This study has, by answering the research questions, contributed knowledge about how leadership can increase the efficiency on the construction site. The construction workers are of the opinion that their leaders have a big impact on their efficiency. The leaders’ knowledge and experience of the production phase as well as their ability to communicate and plan ahead were all seen as factor that affect their efficiency. The literary review for this study found 23 effective leadership traits. According to the construction workers the leadership skills that contribute the most to their motivation and efficiency are humility, relationship-management, and self-awareness. Connecting the construction workers responses to the efficient leadership theories showed that the most relevant theories for increasing the workers motivation and efficiency are Transformational and Servant Theory. The theory of Servant is the most relevant since it focuses on the followers. Implications: To increase the efficiency one must focus on the people in the industry. By changing the leadership based on the construction workers' opinions their efficiency can be increased. Therefore, it is recommended that leaders on the construction site work with the leadership theories Transformational and Servant and that they develop the effective leadership traits, especially the traits the construction workers find most important. Limitations: This study was limited to the leadership from the site supervisor to the construction workers. The focus was on what type of leadership the construction workers wanted to become more motivated and efficient. Furthermore, the study was limited to four leadership theories and effective leadership traits. Keywords: Efficiency, motivation, effective leadership traits, Contingency Theory, Transformational Theory, Transactional Theory, and Servant Theory. / Syfte: Sveriges befolkning växer stadigt vilket medför en ökad efterfrågan på nya bostäder och ny infrastruktur. För att tillgodose denna ökade efterfrågan behöver byggbranschen bli effektivare. Enligt flera forskare kan effektiviteten delvis ökas genom bättre ledarskap. Diskussioner om ledarskap utgår nästan enbart från ledarnas perspektiv och det är vanligt att ledarna bestämmer vilken typ av ledare som behövs. Det är sällan följarna får chansen att framföra åsikter sina om vad de behöver för att bli mer effektiva. Tidigare forskning har också visat att det finns ett samband mellan motivation och effektivitet. Därför undersöktes även vad som motiverar yrkesarbetarna. Denna undersökning avsåg att ta reda på vad yrkesarbetarna anser sig behöva för ledarskap för att bli mer motiverade och effektivare. Målet med undersökningen var att bidra med kunskap kring hur ledarskap kan öka effektiviteten i byggproduktionen. Metod: I undersökningen användes två metoder för datainsamling. En litteraturstudie med utgångspunkt i effektivt ledarskap samt intervjuer med yrkesarbetare om deras syn på vilket ledarskap som skulle öka deras motivation och effektivitet. Resultat: Genom att svara på frågeställningarna har undersökningen bidragit med kunskap kring hur ledarskap kan öka effektiviteten i byggproduktionen. Yrkesarbetarna anser att produktionsledaren har stor inverkan på deras effektiviteten. Det som påverkar är produktionsledarens kunskap och erfarenhet om produktionen samt deras förmåga att kommunicera och planera arbetet. Under litteraturstudien påträffades 23 effektiva ledaregenskaper. Enligt yrkesarbetarna är det egenskaperna ödmjukhet, relationshantering och självkännedom som bidrar mest till att öka deras motivation och effektivitet. Genom att koppla yrkesarbetarnas svar till de effektiva ledarskapsteorierna har det visat sig att Transformational och Servant Theory är de mest relevanta teorierna för att öka yrkesarbetarnas motivation och effektivitet. Eftersom Servant Theory fokuserar på följarna anses den mest relevant. Konsekvenser: För ökad effektivitet ska fokus läggas på de människor som branschen består av. Genom att anpassa ledarskapet efter yrkesarbetarnas åsikter kan deras effektivitet öka. Med anledning av detta rekommenderas det att ledare i byggproduktion arbetar med ledarskapsteorierna Transformational och Servant, samt att ledaren utvecklar de effektiva ledaregenskaperna, framförallt de egenskaperna som yrkesarbetarna efterfrågade. Begränsningar: Undersökningen behandlade endast ledarskapet mellan produktionsledaren och yrkesarbetarna. Fokus låg på vilket ledarskap yrkesarbetarna ville ha för att bli motiverade och effektiva. Vidare begränsningar var att enbart undersöka fyra ledarskapsteorier samt de effektiva ledaregenskaperna. Nyckelord: Effektivitet, motivation, effektiva ledaregenskaper, Contingency Theory, Transformational Theory, Transactional Theory, och Servant Theory.

Corporate governance has been a hot bed for scholars from diverse disciplines. Managers whose interests are not congruent with that of shareholders‟ do not have the incentive to maximize shareholder value. Agency theory implicitly assumes corporations as arenas of the principal-agent conflict. On the other hand, organizational perspectives maintain that firms differ in their adopted corporate governance level depending on the environmental contingencies in which they operate. This study develops a contingency framework by synthesizing agency theory and organization theory. The aims of this study are to examine the effect of firm level contingencies on corporate governance and examine the moderating impact of firm level contingencies on the relationship between corporate governance and firm financial performance in the Ethiopian non-financial share companies. Data were collected from public and private sources for 42 companies covering the period 2009-2013. For the first time overall corporate governance index is constructed from board structure, ownership structure, and disclosure and transparency. By specifying fixed effect regression models the study accounts for the presence of unobserved firm heterogeneity. Moreover, a moderation fixed effect model is specified for the corporate governance-performance relationship. Results show that firms choose their corporate governance in response to contexts in which they operate. High-risk firms have good corporate governance. Corporate governance is enhanced if the largest owner is government or bank. Findings show not only the positive influence of corporate governance on financial performance but also the positive effect of corporate governance on financial performance is enhanced where there are high agency problems. Firm growth, firm level risk and identity of the largest shareholder moderate the relationship between corporate governance and firm financial performance. The study contributes to the literature by providing evidence that firms endogenously choose their corporate governance and the effect of corporate governance on performance depends on firm level contingencies. For practice, the positive link between corporate governance and financial performance informs us that instituting and enforcing corporate governance should be taken seriously. Areas that require priority include the legal frameworks and their enforcement, additional corporate governance standards, strong financial market particularly a stock market. Future research can build on the limitations of the study. For instance, researchers can increase the sample size, compare industries or perform cross-country studies. / Business Management / DBL

<p>As Urban Air Mobility (UAM) is developed and brought into fruition via electric vertical takeoff and landing (eVTOL) vehicles, contingencies associated with this new distributed electric propulsion technology in metropolitan areas must be considered. On the state of knowledge on contingencies for eVTOL vehicles, these can be Epistemological Risks or Ontological Risks. Epistemological Risks include known-knowns (probabilistic risks) and known-unknowns (gaps in knowledge). Ontological Risks include, unknown-knowns (hidden knowledge), unknown-unknowns (fog of ignorance). As UAM operations at large scale do not have as much historical accidents data as General Aviation or Commercial Aviation, it is challenging to estimate its accident failure rate per 100,000 flight hours. While battery thermal runaway, battery energy uncertainty, software issues, and common mode power failures are some failure cases listed in this thesis, it is the undiscovered contingency (i.e., unknown-unknown) or unprepared contingency (i.e., unknown-known), along with other external factors, that can lead to an accident. UAM is expected to operate at 1500 feet AGL and at high frequencies over dense metropolitan areas. In an in-flight emergency at these altitudes, any startle response experienced by on-board or remote pilots can lead to longer response times. This study aims to create a framework for contingency planning and risk mitigation using a Reachable Ground Footprint model for eVTOL aircraft under 100% power failure scenarios in-flight. This framework utilizes all existing, public aerodrome infrastructures in metropolitan areas as potential contingency landing sites. Metrics such as Contingency Landing Assurance Percentage and Cruise Altitude Floor requirement are introduced to quantitatively measuring the safety of any UAM trip and provide recommendations on safe cruising altitudes. A demonstration case in the Chicago Metropolitan Area between DuPage Regional Airport and John H. Stroger Hospital Helipad is shown and discussed. Furthermore, aggregate analysis of 434 UAM trips in Chicago Metropolitan Area between Regional Airports, between Regional and Heliports, and between Heliports is performed, along with sensitivity studies involving wind and turn control restrictions. The results discuss variations in Cruise Altitude Floor, Flight Time, and Energy Consumption of these trips using an eVTOL vehicle.</p>