The topic of business acquisitions has been much debated in 2022, largely due to Microsoft’s record-breaking acquisition of Activision Blizzard. Historically, business acquisitions and their corresponding goodwill values have been a thoroughly examined and debated subject between scholars and regulators due to the complexity and ambiguity of goodwill. Discussions regarding goodwill and acquisitions have been the foundation of many studies throughout the years. However, the effects of accounting standards on the factors of business acquisitions have not been examined thoroughly and therefore represents a knowledge gap in existing accounting literature. This thesis examines the relationship between the accounting standards IFRS and Swedish GAAP and their influence on business acquisitions. The focus of the thesis is on the number of business acquisitions as well as goodwill, or value added, to test if the standards themselves affect these factors. Other elements which could affect these factors are presented to broaden the research and isolate the accounting standard variable.  By examining Swedish business acquisitions during a five-year period, the authors have identified 406 business acquisitions that were of such quality that they could be examined further. The study is inspired by other studies in similar areas, especially a paper written by Kashiwazaki et al. (2019) in which the effect of IFRS adoption on business acquisitions in Japan is researched. However, this study is not focused on adoption, the aim of the research is to examine the impact of the standards themselves. By examining the two accounting standards and their correlation with the frequency of acquisitions as well as change in goodwill, patterns can be identified and conclusions regarding whether accounting standards affect the two factors can be drawn. Several theories are discussed in order to contextualize the research, and different perspectives regarding the acquisitions and goodwill are presented. To broaden the context of the subject, specific theories and their counterparts are presented to get both perspectives of a phenomenon. Agency theory and stewardship theory are explained and compared throughout the thesis and the conclusion of this paper is that stewardship theory is more valid when examining Swedish business acquisitions. Other theories such as the resource-based view are explained and connected to business acquisitions and the results of the thesis. Lastly, motives and benefits behind business acquisitions are discussed and conclusions are drawn based on the results of the tests conducted.  Two OLS regressions with corresponding T-tests for verifications showed a nonsignificant relationship between the dependent and independent variables in both tests. This means that there is no statistical significancy between either of the two factors and accounting standards. These findings suggest that there are other factors that are correlated with the number of business acquisitions and value added and explain the variance in these two factors. Some of the observable factors were the size of the firm, return on assets, operating income among others. In conclusion, there were no indications that accounting standards influence the number of business acquisitions nor value added.

Multi-club ownership [MCO] is a concept within the football industry which entails that an owner holds significant stakes in multiple teams. This ownership strategy is not new, however, what are the driving forces of this type of ownership structure and what are the outcomes? The purpose of this study was to explore potential drivers of MCO, to irradiate the concept and determine whether traditional business administration theories can be applied to explain its existence. The main theoretical framework is based upon the shareholder theory and resource-based view of the firm with supplementary reasoning collected from other relevant theories. The study encompasses five seasons and consisted of the teams competing in the top two divisions in the English Football League system. The quantitative study covered six hypotheses and deployed both Two sample t-tests and regression models which sought to measure international player trading activity, sporting performance and financial performance. The results of the study show that multi-club portfolio members [MCPMs] tend to trade a larger share of players internationally compared to Non-MCPMs. However, the other models yielded no significant results in regard to MCPMs, although, value creation through the strategy cannot be disregarded as it may be present through other channels. The wider footballing industry has been studied extensively in previous literature. However, this study is focused on MCO, a topic that lacks a previous body of research. By filling this research gap the authors hope to illuminate the concept and increase transparency for both decision makers (owners of clubs) and supporters of clubs. In addition, a survey which is not empirically tested was conducted in order to help guide the proceedings of the research.

Background: COVID-19 has brought so many changes in the business environment and in the ways of doing business. Food retail companies in Sweden have been trying to cope with the changes and challenges and have made necessary decisions to become resilient. It is in their urge to become resilient; however, the implementation is arduous at times. Purpose: The purpose of the thesis is two-folded. One is to know the supply chain inefficiencies, and the other is to understand how the inefficiencies can be mitigated through the actions of the supply chain professionals. Method: Semi-structured questions have been asked in the interviews to gather in-depth insights from the industry expert. The interviews were taken from the branch managers of food retail stores in Sweden. The analysis has been done based on the content analysis. Findings: Content analysis assisted the emergence of the factors. It was done by analyzing the quotes from the branch managers. Therefore, the relationship between the characteristics and the RBV theory has been scrutinized. Conclusion: The purpose of the thesis was to find the inefficiencies of the food retail supply chain in pandemic times. Also, it was to find the solution about how the supply chain inefficiencies can be tackled to ensure supply chain resilience in the food retail stores in Sweden. For that purpose, data have been collected right from the field where the action takes place, and therefore, the data have been analyzed. Hence, the problems have been found, and the solutions have been recommended.

The amount of food packaging waste is one of the issues associated with increasing global population and corresponding increase in consumption rate of packaged foods. Traditional plastic food packaging derived from fossil fuels imposes a significant environmental threat. There are sustainable bio-based alternatives developed to substitute traditional plastic packaging that are implemented in circular economy business models. These solutions often utilise collaboration to be implemented, however, there is a lack of research on the collaborative processes that enable circular economy in bio-based food packaging. In this thesis we examine what collaborative processes are being used in the bio-based packaging supply chain and how these processes help with facilitating the implementation of circular economy in the packaging production. Moreover, this thesis also investigates what are the barriers that the packaging producers face as they collaborate toward a circular economy. Therefore, we use qualitative interviews with representatives of bio-based food packaging companies and study the theories of supply chain collaboration and circular economy such as resource based view, transaction cost economics and various iterations of circular supply chain management models. We find that bio-based food packaging producers collaborate externally with customers, suppliers and internally among organisational teams to enable the circular economy of bio-based alternatives to conventional plastics. We also find that collaboration for circular economy in bio-based food packaging solutions is challenged by cultural differences, varying regulations among countries, opportunistic behaviour across the supply chain, insufficient organisation of communication between collaborators as well and misalignment of their interests. We contribute empirical evidence of collaborative processes across bio-based food packaging supply chains providing a ground for further research streams across the aspects of collaboration for circular economy.

Small businesses are critical to the success of a country's economy. The leaders of the South African government focus on the role of small and medium-sized enterprises (SMEs) to boost the economy and eradicate inequality, poverty, and unemployment. However, the sustainability track record of South African SMEs remains one of the worst records in the world. Therefore, it is essential that stakeholders improve the sustainability of SMEs. Using the resource-based view conceptual framework, the aim of this multiple case study was to explore the strategies that occupational health SME leaders use to manage cash flow to achieve sustainability for longer than 5 years. The participants were 4 Gauteng occupational health business leaders who had operated their businesses for longer than 5 years. Data were collected by means of semistructured interviews and document reviews, which were followed by data analysis, member checking, coding, and thematic analysis. The 7 themes that emerged were: external professional team, budgeting, systems and processes, payment terms and contracting, management of surplus funds and reserves, understanding the client procurement process, and the model for cash-flow management strategies. From the data analysis, additional themes emerged including the professional team, the processes and systems, and the business owner, which were central to cash-flow management strategies in occupational health SMEs. Business practitioners may use the results of this study to create social change by developing and implementing key cash-flow management strategies to enhance and improve the sustainability of their occupational health businesses.

In a complex and challenging global economy for supply chains to improve their performance, different types of technologies are deployed. The Internet of things (IoT) as one of these technologies enables devices to be connected via a network, i.e. internet. This connectivity provides a variety of possibilities, capabilities, and values to the chain. The scope of this study is to analyze the impacts of IoT on the SCM of e-commerce. By deploying a qualitative approach, the study aims to identify the capabilities enabled by IoT and find a connection between the capabilities and challenges that e-commerces faces in their supply chain management. The research is based on reviewing existing literature, followed by empirical investigation, conducting interviews, and secondary data driven from 3PL to cover focal actors in the case of e-commerce SCM.  IoT technology and the knowledge around it as a resource to SCM of these firms is studied in a resource-based view to understand what role IoT plays in gaining competitive advantage for such firms.  The empirical of this thesis is gathered by interviews with supply chain managers of medium-sized e-commerce firms and a warehouse associate. In addition, the DHL fulfillment center is used as the secondary data stream.

Previous literature often argues that acquisitions are used as a tool for growth, and the value creation derives from the combination of businesses through synergy effects and the economies of scale. In the same academical and theoretical context, there is often a discussion on growth with a more organically approach, where the value comes throughresource utilization and internal efficiency. There is a broad range of research in the area,focusing on the impact of different types of growth strategies. More emphasis has been on inorganic growth. Hence, is there a superior combination of both, and how will each strategy impact the value creation for different types of stakeholders through internal and external efficiency. Previous results are not always harmonious regarding the relationship between the two growth strategies and the efficiency of a company. This study has focused on examining the relationship with a broad range of industries using accounting measures to answer the research question: What are the effects of organic and inorganic growth on operating efficiency and bargaining power? For the thesis, panel data analysis has been used which includes 8675 specific firm-year observed values from companies that is publicly listed in Sweden. The collected archival data has been tested through OLS regressions with fixed effects. Throughout the thesis and conducted research, a positivist paradigm has been used under a deductive approach. Emphasis is placed on previous literature and studies for more accurate statistical results. Further contributions to theoretical literature and the scientific research community have been added. This thesis has been analyzing empirical results using Resource-based view along with the Stakeholder- and Shareholder theory. With the conclusion that there is a significant relationship between organic growth and operating efficiency. On the other hand, it cannot be concluded that there is a relationship between inorganic growth and bargaining power. In addition, the relationship between growth strategy and efficiency measures will depend on which industry the company operates in.

Purpose – To find out what factors hinder and promote SMEs to practice sustainable business. Methodology – Qualitative case study based on interviews and archival data. Findings – This research resulted in five different propositions. 1. Corporate reputation plays a role in contributing to  SMEs’ sustainable practices. 2. The scarce resources of SMEs induce difficulties to maintain a balance between short-term financial goals and long-term sustainability goals, which hinders SMEs to undertake sustainable practices. 3. The scarce resources of SMEs induce internal misalignments in expectations between different stakeholders, which hinders SMEs to undertake sustainable practices. 4. Affiliations and social networks of top managers play a role in contributing to their SMEs’ sustainable practices. played a vital role in promoting the sustainability practices of their SMEs. 5. Less diversity in the top management team hinders SMEs’ sustainable practices. Contributions - This thesis enhances understanding of the factors influencing the implementation of sustainable practices in SMEs from a manager's perspective, filling a knowledge gap in the financial sector. It also provides insights into the complex relationship between subsidiaries and headquarters, highlighting the dynamic balance between sustainability, financial goals, and directives from the headquarters.

This study is to investigate how acquiring firms within the Swedish construction industry work towards successful post-acquisition integration during the early stages of post-acquisition and which factors they consider when doing so. When researching the five cases, the study adopted a qualitative approach, using semi-structured interviews with five managers from acquiring firms to gather in-depth, first-hand data for thematic analysis. The empirical findings highlight the significance of corporate culture, organizational structure, and leadership structure in the integration process. Acquiring firms prioritize cultural compatibility, recognizing that differences can hinder successful integration. They also emphasize the positive impact of similar business models and the creation of new leadership groups combining resources and capabilities. Supportive leadership plays a crucial role in smoothening the integration process. To achieve a successful post-acquisition integration, firms in the Swedish construction industry focus on assessing corporate culture compatibility, restructuring leadership, and effective integration planning. They aim to integrate cultures, develop thorough integration plans, and ensure employee satisfaction and financial success. The studied cases challenges theories that emphasize organizational structure as the main obstacle in acquisitions, suggesting that cultural factors are more critical. Similarly, it contradicts theories highlighting directive leadership, emphasizing the importance of supportive leadership instead. The study contributes to the understanding of integrating human resources, cultural factors, and clear integration plans as essential elements for acquisition success.

Background: Globalization has created new opportunities for firms to import and export goods across the world, international trade has gained significant importance to many. Although global trade between countries has many positive aspects, it has also demanded the right type of warehousing to store the goods as cost-efficiently as possible. Warehousing is the second largest cost within a company’s logistics areas after transportation. One way of lowering logistics costs is to implement a bonded warehouse. A bonded warehouse is a storage location where companies can store imported goods where the payment of duty costs to be postponed as long as needed, which provides companies with more liquidity and yield many cost-saving benefits. However, bonded warehouse operations and implementation are more complex than that of a non-bonded warehouse because special requirements for monitoring and auditing must be followed and executed correctly. It is, therefore, vital to choose a suitable strategy and proper implementation in order not to waste valuable resources. Manufacturers and retailers could as a result benefit from a resource and implementation framework to mitigate the risk of an inadequate implementation process. Purpose: The purpose of this study is to explore the requirements for implementing a bonded warehouse from a resource-based perspective. The aim is to derive a set of resources that are necessary for the implementation of a bonded warehouse. Further, the study will examine both tangible and intangible resources. Lastly, a framework that will illustrate the steps and requirements to implement a bonded warehouse is created. Method: This study takes on a qualitative research method, guided by a constructionist perspective this exploratory study uses a multiple case study approach to obtain thorough knowledge on the topic. Through semi-structured interviews with several companies, the topic of bonded warehouse implementation is explored. Moreover, the analysis was consistent with a grounded analysis approach where themes could emerge and provide answers to our research questions. Conclusion: The results illustrate the ten key resources required for bonded warehouse implementation: 1) Bonded Warehouse Project Plan 2) Bonded Warehouse Administration 3) Bonded Warehouse Reporting 4) Bonded Warehouse Layout Specifications 5) Bonded Warehouse Project Team 6) Bonded Warehouse Process Knowledge 7) Customs Knowledge 8) Customs IT-system.