Problem: Is the free cash flow a value relevant accounting measure in relation to the Swedish stock market? Objective: The aim is that by using an investment strategy to examine whether the free cash flow is an accounting measure that could be perceived as value relevant in relation to the Swedish stock market. Method: The paper is based on a quantitative survey of empirical evidence that has been collected from companies listed on the Large and Mid-Cap lists of the Swedish stock market. Theoretical Frame of reference: value relevance, cash flow, portfolio theory, drive theory Results: It was concluded that the study results conform to the Finnish survey results. The portfolio shows higher returns than the OMX index.
Identifer | oai:union.ndltd.org:UPSALLA1/oai:DiVA.org:sh-19588 |
Date | January 2013 |
Creators | Selek, Sevinc, Vasilescu, Silviu |
Publisher | Södertörns högskola, Institutionen för samhällsvetenskaper, Södertörns högskola, Institutionen för samhällsvetenskaper |
Source Sets | DiVA Archive at Upsalla University |
Language | Swedish |
Detected Language | English |
Type | Student thesis, info:eu-repo/semantics/bachelorThesis, text |
Format | application/pdf |
Rights | info:eu-repo/semantics/openAccess |
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