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Knowledge Management Activities Of Young Firms In Sweden : Exploring knowledge management enablers and understanding the relation between knowledge management activities and financial performance.Nguyen, Thi Thu Loi, Alili, Hasan January 2021 (has links)
Sweden is a country that stands out in terms of attracting highly skilled workers and having a large number of young firms. However, with the young age and specifically put in a concrete context of the COVID-19 pandemic, young firms may face the risk of losses due to a lack of funds to maintain or having volatile financial sources. Therefore, this thesis tries to provide insights on the relation between knowledge management activities (KMAs) and financial performance in young firms from 5 to 10 years old in Sweden. In other words, the thesis aims to understand how young firms in Sweden have implemented KMAs inside their firms. More specifically, striving to determine which knowledge management enablers influence KMAs, what kinds of KMAs young firms are applying, and at what level those kinds of activities impact young firms’ financial performance. A mixed-method approach has been selected to utilize both qualitative and quantitative methods. Together with semi-structured interviews, Exploratory Sequential Design is applied in the thesis, which enables defining the impact of KMAs on the financial performance of young firms in Sweden and the availability of the presented conceptual framework in practice.
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Exploring EHR Adoption and Implementation: The Impact of Resource Advantage Theory on Healthcare Organization's Competitive PositionMalhan, Amit Sundeep 08 1900 (has links)
The hospitals and their healthcare providers need to optimize simultaneously three outcomes: healthcare costs, healthcare options offered to customers, and information utilization efficiency. The adoption of electronic healthcare record (EHR) technologies is a potential managerial mechanism for balancing these outcomes. EHR offers patient management and decision support capabilities that can ameliorate health delivery outcomes for patients, doctors, and hospitals through better-informed business and care decisions. The analysis of data collected in an EHR system may lower costs and improve health care delivery (or both). In sum, it could be argued that EHR is a source of competitive advantage. Despite this prima facie appeal, many hospitals remain reluctant to adopt and implement EHR due to lack of insights into return on investment, unavailability of tested systems and data entry obstacles. To address this gap between the potential of EHR system and lack of its adoption, the purpose of this research is to investigate the role of EHR as a resource of competitive advantage for hospital. Essay 1, titled "Implementation and Adoption of EHR: A Conceptual Model based on Resource Advantage Theory", describes the antecedents and consequences of EHR adoption and implementation. Essay 2, titled "Exploring the Relationship Between Electronic Healthcare Record Adoption and Quality of Care", delves deeper into the operational performance of a hospital. This essay focuses on the impact of EHR on different aspects of patient care and thereby on the financial performance of the hospital. Essay 3, titled "The Effect of Resources on a Hospital's Financial Performance: The Moderating Role of Electronic Health Records Implementation and Adoption", is an empirical inquiry into the key factors that may influence hospitals' financial performance. These include organizational factors (such as, number of nurses and beds) and environmental factors (such as, location and received donations). Further, this essay explores the interaction effects between EHR and these factors. In summary, this research provides a conceptualization and an empirical investigation of EHR adoption and implementation and its impact on hospitals' operational and financial performance, an area receiving widespread attention from health care organizations, patient rights activists, public policy makers and the media. Future research can take two paths. First, further research should address questions related to the integration of EHR with other production and inventory management systems, and the prospective benefits attained from system integration. Second research is needed to investigate how parallel information transfer across multiple stakeholders may concurrently preserve Health Insurance Portability and Accountability Act, reduce health care delivery costs and optimize service quality.
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Hodnocení výkonnosti podniku / Company Performance MeasurementBulvová, Tereza January 2018 (has links)
This master´s thesis focuses on the assessment of the financial and business performance of the company SVITAP J. H. J. spol. s r. o. by using the methods of benchmarking. First part of the work provides a theoretical background for the issue. The second part of the thesis contains instroduction of the company and situational analysis of the company. In the main part of the thesis is the acutal benchmarking of the company with selected competitors. On top of that I present possible recommendations for the selected company in order to enhance or even eliminate identified weaknesses.
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Is green the new black? : An empirical study on the correlation of CSR initiatives and profitability on Nordic mutual fundsAmiri, Carla January 2021 (has links)
This research examines whether Corporate Social Responsibility (CSR) initiatives impact fund financial performance of 46 Nordic mutual funds during the past five years (2016-2020). Previous studies have focused on which of the two alternatives generates a rewarding financial result. To complement previous research, this study focuses on the development of CSR - whether the gap formed between CSR initiatives and fund financial performance is moving closer towards each other based on the increased focus of ESG factors during the recent years. Two categories, strong and weak ESG performance, are juxtapositioned to find out at what stage the development is. Furthermore, analysis on which of the three categories: environmental, social or governance individually, is the driving factor of the development of CSR initiatives. Based on the matched pair methodology and hypothesis testing, funds with CSR initiatives have reached the point, in which they perform equally well to their peers without such motives. The underlying driver behind the development are examined.
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Hodnocení finanční výkonnosti společnosti prostřednictvím benchmarkingu / Evaluation of the Company´s Financial Performance Using Benchmarking ApproachJaneková, Jana January 2016 (has links)
The master thesis is focused on Evaluation of the Company´s Financial Performance Using Benchmarking Approach. The master thesis consists of three following parts. The first part deals with theoretical methods, especially benchmarking realization and its different types and models. The second part contains evaluation of the current situation in OBB stavební materiály s.r.o. and compares its business to others using benchmarking method. I used public data from financial annual accounts and database Amadeus. The last part includes complete evaluation of the company´s financial performance and recommendation on improvemet of the financial performance in company OBB stavební materiály s.r.o.
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The link between carbon management strategy, company characteristics and corporate financial performanceMatthews, Natalie Georgette 23 February 2013 (has links)
That companies need to respond to the issue of climate change is no longer in question and with multiple carbon management activity options to choose from, companies need to select the most appropriate carbon management strategy to meet the challenges of a carbon constrained future. Because of South Africa’s vulnerability to the impacts of climate change as a developing country and because of business’ pivotal role in addressing this urgent issue, it is important to characterise the corporate responses to climate change. The contextual factors that influence carbon management strategy decisions need to be understood so that appropriate policy decisions are taken to encourage innovation related to climate change opportunities.To this end, secondary data in the form of qualitative responses from 70 large South African listed companies to the Carbon Disclosure Project 2011 questionnaire were analysed for this study during September and October 2012. The detailed responses were first mined using a text-mining statistical program to identify the five carbon management activities currently practised by the companies. A cluster analysis of these activities revealed four general response strategies to climate change and carbon emission reduction pressures.The companies were found to have a strong focus on saving energy with less focus on higher-order sustainability activities. While market capitalisation, turnover, sector and carbon commitment were shown to correlate and indeed predict the carbon management strategy chosen by companies, no significant link was found between carbon management strategy and corporate financial performance. / Dissertation (MBA)--University of Pretoria, 2012. / Gordon Institute of Business Science (GIBS) / unrestricted
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The Impact of ESG-Score on Turnover Growth : A Cross-Sectional Study of US IPOsSandberg, William, Johnson, Sebastian January 2020 (has links)
This thesis study is based on the research question ‘Does ESG-scores affect turnover growth in companies with recent IPOs in the US?’. With four multiple regression models, we tested our hypotheses. Additionally, we made a box-plot analysis to look for trends between groups of companies, where the groups were constructed based on ESG-scores. We believe that we came up with a, yet vague, answer to the question after analyzing the results of the research. For the companies in the sample, ESG-scores do affect Turnover Growth negatively, however we want to stress that we claim it with great caution, as it cannot be concluded with any statistical significance. This study also shed some light on whether or not a manager should spend time and resources, after initiating an IPO in the US, on implementing sustainability in their business model to achieve a high ESG-score to satisfy the demands of the higher number of stakeholders which comes with going public. Conclusively, and generally, we found that a manager should focus strictly on financial performance rather than both financial- and sustainability performance closely following the initiation of an IPO in the US.
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Artificial Intelligence and its Breakthrough in the Nordics : A Study of the Relationship Between AI Usage and Financial Performance in the Nordic MarketOttosson, Frida, Westling, Martin January 2020 (has links)
As the fourth digital revolution is initiated and digitalization is becoming increasingly evident in today’s society, the concept of artificial intelligence (AI) is experiencing a boom and is continuously transforming a vast variety of industries. Previous studies have found several links between AI usage and economic benefits, such as increased efficiency and lower costs. Furthermore, such benefits have been connected to financial performance indicators such as return on assets (ROA) and stock return. Additionally, the Nordic countries are known for their flourishing technological environment and the involvement in well-known technology-oriented companies. These underlying factors shaped the interest of exploring the relationship between AI usage and financial performance, as measured by ROA, stock return and the volatility of stock returns. The idea of including these three performance indicators was to get both an internal perspective, as well as a market perspective from an investors point of view while incorporating risk. This census study was conducted by performing three multiple regression models on the companies on Nasdaq OMX Nordic, which resulted in a population of 152 companies. By gathering observations between the years 2015-2019, the total number of observations amounted to 721 for the ROA model, 720 for the stock return model, and 714 for the risk model. The study follows a quantitative research design, with an objective and positivist view in regard to the research philosophical assumptions. Furthermore, a deductive research approach is taken, since previous studies, as well as theories such as the stakeholder and shareholder theories, the disruption theory, the resource-based theory and the dynamic capabilities theory are used to make conclusions. Additionally, the chosen regression model was the OLS model, incorporating the robust function since none of the regressions were fulfilling the assumption of constant variation of the error term. On a 95% confidence interval, all null hypotheses could be rejected, meaning that there was a relationship between AI usage and all performance indicators. However, the relationships were unexpectedly weak and opposing of the researchers’ expectations. As it turns out, internal performance as measured by ROA, as well as market performance measured by stock return proved to have a small negative relationship with ROA. This means that Nordic companies utilizing AI sees a negative impact on financial performance in the short run. However, risk as measured by the standard deviation (SD) of stock returns, showed a positive relationship with AI usage, meaning that investing in companies using AI is riskier. The findings contradict the idea that the economic benefits from AI cause a higher financial performance. However, since AI is just seeing a boom as of recently, it is possible that it might pay off financially in the long run.
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Eco-innovations and firms’ financial performance : A study of a relationship between eco-innovations and financial performance of firms who make them.Cigoj, Polona January 2020 (has links)
Much of the existing body of literature analyzes the relationship between eco-innovations and financial performance. Our study differentiates from this literature, by focusing on the scarcely investigated Nordic context, by providing a holistic view on eco-innovations and finally by analyzing also the effects eco-innovations have on marker performance. This research focuses on three types of eco-innovations (eco-product, eco-process, and eco-organizational), and additionally brings standard innovations into the perspective. To measure the impact eco-innovations in general and its categorized types have on financial performance, a sample of 50 Nordic listed firms, spread from the year 2003-2019, was employed. Financial performance was measured with profitability accounting measures (return on equity, return on assets, and operating margin), while market performance was measured with the change in firms’ market value. Our results indicate that eco-innovations were generally associated with lower profitability returns, except in the case of eco-process innovations. Moreover, our findings interestingly showed, that market performance is positively affected by standard innovations and eco-organizational innovations. The findings suggest, that even when these types of innovations have no significant effect on profitability, investors still believe these innovations will increase the long-term real value of firms. Overall this study extends the discussion of eco-innovations to their effects on firm performance, based from an investor/shareholder perspective.
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Team performance: Using financial measures to evaluate the effect of support systems on team performance.Kennedy, Frances Anne 05 1900 (has links)
Organizations invest in team-based systems in order to generate innovative practices that will give them a competitive edge. High-performing teams require training and other support systems to gain the skills they need as well as to create and maintain an environment conducive to their success. The challenge for managers is to make resource allocation decisions among investment alternatives to maximize team effectiveness and still ensure a financial return for company investors. This study has three objectives. The first objective is to investigate whether there is a positive relationship among organizational environment, team potency (the team's collective belief it will succeed) and team performance. Results indicate that the presence of four organizational support systems influences team potency and performance. These support systems are the Design and Measurement, Rewards, Training and Communications Systems. In addition, results indicate that team potency is a mediating variable between the Design and Measurement and Communications Systems and team performance. These results suggest that companies are able to influence team performance by investing in environmental support systems. The second objective is to examine whether team members and managers view the organizational environment differently. Results indicate that managers view the Training and Communications Systems as more important, while teams perceive the Design and Measurement System and the Rewards System to be more important to their success. Since the systems that team managers view as important may influence their investment decisions, these differences may suggest a resource alignment issue. Third, a measure of team effectiveness based on financial measures is introduced. Published literature emphasizes attitudinal, behavioral and operational measures of performance. A financial measure offers a method of evaluating performance that is similar to methods used in capital budgeting and may be consistently applied across different types of teams with different purposes. The data collection process was performed by persons external to the team and covered a 12-month period. This method led to a loss of information and did not accurately portray team performance. However, the teams that were successful in calculating project savings were different types of teams from both manufacturing and service industries. This result is encouraging and warrants further investigation.
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