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Acquiring the Family Way Performance of Serial Acquirers in Family versus Non-family Firms

This thesis investigates how family ownership affects the short-term market reaction to acquisition announcements by serial acquirers. While family firms are traditionally viewed as conservative and long-term oriented, some engage in repeated acquisitions, a strategy typically associated with higher risk and managerial overconfidence. Using a sample of 678 acquisitions by Swedish publicly listed f

Understanding the European sentiment towards a Tax-Based Universal Basic Income

The study is an empirical analysis of what drives the sentiment towards a tax-funded Universal Basic Income (UBI) implementation in 12 European countries, both on an individual and country level. The two core research questions are: How do the subjective perceptions of household income influence the sentiment towards the implementation of a basic income scheme on an individual level? and how does

Transformational Leadership as a Mechanism of Subtle Control: Employees’ Perceptions on Leadership Approach

The blur between employee’s personal and professional lives has increased for the past few years. Organizations have used the ‘we are like family’ discourse to subtly control employee’s identities that implicitly impact the way they behave at the workplace. Transformational leadership, which is always been known for its compelling traits, can be one of the mechanisms for organizations to subtly ch

Sustainable Debt and Capital Costs: The Impact of Green Bonds on Corporate Financing

This thesis investigates whether European industrial firms issuing green bonds enjoy a borrowing-cost advantage, so called a “greenium.” Using a sample of 1,305 euro-denominated issues from 2014 to mid-2025, we estimate fixed-effects OLS regressions of yield-to-maturity on a green-bond indicator, controlling for tenor, issuer size, leverage, interest coverage, credit rating, industry, issuer, and

Uncertain Times Call for Priced Measures - Economic policy uncertainty and EUR/USD exchange rate risk premium

The thesis investigates European economic policy uncertainty and its influence on the currency risk premium embedded in the EUR/USD exchange rate. We build a time-series regression model utilizing monthly data from 1999 to 2020. Currency risk premium is proxied with realized excess returns. The model uses control variables for inflation differentials, and global risk sentiment, proxied by the VIX

Balancing AI Development and Privacy Compliance - An Analysis of the Principles of 'Complete Data Sets' in the AI Act and 'Data Minimization' in the GDPR

This thesis explores the relationship between two important legal principles in European Union law: the requirement for ‘complete data sets’ in Article 10 of the Artificial Intelligence Act (AI Act) and the principle of ‘data minimisation’ in Article 5(1)(c) of the General Data Protection Regulation (GDPR). The AI Act requires that high-risk AI systems be trained on data that is representative, a

From Sacred to Subjugated: The Strategic Orchestration of Power in Indonesia’s Mining Concession Policy for Religious Organizations

This thesis examines the Indonesian Government Regulation 25/24, which enables re-ligious organizations to obtain mining concessions, focusing on the socio-legal ten-sions, and power dynamics between the government, regulation, and religious organi-zations. The thesis’ primary purpose is to critically analyze how regulation that is pre-sented in neutral and technocratic language and can be utilize

Structure eats sustainability for breakfast: An analysis of how rigidness and job functions problematize sustainability efforts.

RQ: What is the relationship between organizational structure and its sustainability efforts, and how do perceptions of sustainability efforts vary across different job functions within a company? Purpose: The purpose of this paper is to better understand the current state of sustainability efforts in large organizations. Especially to recognize how the structure of the company might pose issues

Importing Coffee, Exporting Responsibility: A Postcolonial Analysis of the EU Deforestation Regulation in Rwanda

This thesis investigates how deforestation is problematized within the European Union Deforestation Regulation (EUDR) and examines its implications for smallholder coffee producers in Rwanda. Drawing on Carol Bacchi’s ‘What’s the Problem Represented to Be?’ approach and postcolonial theory, the study analyzes how regulatory problem representations construct responsibility, knowledge, and complianc

The Playing Field for Change: Exploring Football as a Social Intervention in Recovery and Reintegration

This master’s thesis explores how organized team sports can function as tools for social reintegration and destigmatization among individuals facing substance abuse and mental health challenges. Using Newpath FC (a Swedish football-based rehabilitation program) as a case study, the research investigates how participation in sport influences identity reconstruction, social belonging, and perceived

Urban Tree Conservation - A review of the Green Deal and the legal tools available to protect the public interest in urban trees under Swedish law

Urban trees are uniquely valuable in towns and cities for the ecosystem services they provide their citizens and can as such be considered a potent source of public goods and positive externalities - even when these trees are found on private properties. The importance of urban trees will only grow as events of severe heat and extreme rainfall become more and more frequent and the urgency to reduc

Introduction of a QDMTT into the Costa Rican Special Tax Regime

This thesis examines the potential constitutional restrictions that may prevent Costa Rica from introducing a Qualified Domestic Minimum Top-Up Tax (QDMTT) into its legislation, specifically targeting in-scope Constituent Entities operating under the country’s Special Tax Regime. The main research question explores whether the constitutional principles of non-retroactivity and legitimate expectati

Urban Branding and Talent Migration: The Role of Urban Image in Shaping Migration Decisions

This study explores how urban branding intervenes in the formation and realization of migration aspirations and capabilities among talent migrants, using Chengdu as a case study. Based on the Aspirations–Capabilities framework, this study applies mixed-methods analysis, combining quantitative data analysis, digital ethnography (analyzing government urban branding narratives and post-migrants’ expe

The German Green Transformation, with Focus on the “Energiewende” (Transition Towards Green Energy) in the Shadow of the Energy Crisis: Ambitions and Legal Challenges

At its origins, traceable back to about 50 years ago, the German “Energiewende” began as a fight against both nuclear energy, politicians pursuing nuclear-based energy strategies and also implementing them forcefully, as well as omnipotent enterprises.(1) After the Fukoshima tragedy in 2011, and the subsequent plans of Germany to abandon nuclear energy within its own borders, the term “Energiewend

Demokrati eller politisk stabilitet - vad främjar den innovationsdrivna ekonomiska tillväxten?

Syftet med denna uppsats är att undersöka om demokrati eller politisk stabilitet har störst betydelse för innovationsdriven ekonomisk tillväxt, mätt som totalfaktorproduktivitet (TFP)-tillväxt. Genom en global panelstudie omfattande mellan 132 och 147 länder för perioden 1970–2019 analyseras sambandet mellan nivåer och förändringar i demokrati, politisk stabilitet samt deras interaktion. Data hämtThe aim of this thesis is to investigate whether democracy or political stability plays a more significant role in fostering innovation-driven economic growth, measured as total factor productivity (TFP) growth. Through a global panel study covering between 132 and 147 countries during the period 1970–2019, the relationship between levels and changes in democracy, political stability, and their in

Ties That Matter: A Qualitative Exploration of Social Embeddedness in Chinese Immigrant Lives

Among all immigration categories, the proportion of Chinese new immigrants in Nordic society is increasing, and their social ties and embeddedness are also receiving more attention. However, there is still a relative lack of qualitative research on the tie construction and embeddedness paths of Chinese immigrants. To fill this research gap, this thesis aims to investigate how the first generation

Toward Energy-Efficient and Welfare-Oriented Lighting Design in Dairy Barns

Lighting plays a crucial role in dairy production, impacting milk yield and cow well-being. In Sweden, where cows spend winters indoors, adequate lighting is essential for animal welfare, regulatory compliance, and stable milk production. This study explores how natural and electric lighting can be combined to optimize dairy farm environments and prevent heat stress. The research assesses the effe

Precision cut tumor slices as an ex vivo model to assess myeloid biology and function in the tumor microenvironment

Precision cut tumor slices (PCTS) are used as an ex vivo tissue model to study the tumor microenvironment (TME), immune interactions and treatment-induced effects.They allow researchers to analyze individual patient responses to therapies, making them valuable for personalized medicine. In this study, PCTS generated from five biopsy samples collected from patients with head and neck cancer or esop

Converting cold attics - Creating energy efficient and sustainable living space through conversion of cold attics to habitable spaces in Sweden

Cold attics are a common element present in the Swedish residential building stock. They are known to be prone to mould problems due to their low ventilation and are one of the main channels through which buildings lose heat. One of the strategies that can help solve cold attic problems and at the same time contribute to solving the housing crisis is their conversion into habitable spaces. This re

Sulfamoylbenzoate Analogues as Putative Treatments for Chronic Neurologic Disease

Alzheimers och epilepsi är två sjukdomar som tillhör gruppen kronisk neurologiska sjukdomar som påverkar det centrala nervsystemet. Många läkemedelsstudier har gjorts på läkemedel som kan ändra på den faktiska sjukdomspatologin men än så länge utan framgång, endast läkemedel som tar hand om symptom finns idag på marknaden. Denna studie har som mål att hitta en kandidat till ett läkemedel som kan äTargeting neuroinflammation, a key factor in the progression of chronic neurological disorders such as Alzheimer’s disease and epilepsy, is essential for discovering effective treatments. Recent studies indicate that Pannexin-1 (Panx-1) channels serve as the primary pathways for ATP release from degenerating and innate immune cells in the brain, triggering neuroinflammation. By blocking it with a