Browsing by Author "Nilsson, Alexander"

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Early evidence on iXBRL regulation and its impact on information asymmetry in the US capital market
(2021-06-24) Axelsson, Viktor; Nilsson, Alexander; University of Gothenburg/Graduate School; Göteborgs universitet/Graduate School
The topic of extensible business reporting language (XBRL) has long been under debate regarding its effect and usefulness as a disclosure format. With the recent regulatory shift to the newest evolution of XBRL, inline XBRL (iXBRL), it once again becomes important to evaluate and understand the effects of the regulation. We use difference in difference regressions in combination with propensity score matching to provide evidence on how the implementation of the newer format of iXBRL affects the information asymmetry in the capital markets by using volatility, illiquidity, and bid-ask spread as proxies for information asymmetry. Using a sample consisting of 1916 US companies spread over three fiscal years (2017-2019), we show that the implementation of iXBRL regulation has led to an overall decrease in information asymmetry. We also find that managers' choice of tags when preparing an iXBRL report has limited effect on information asymmetry. With a higher rate of extended tags leading to both increased and decreased levels of information asymmetry depending on the proxy, with volatility leading to an increase and bid-ask leading to a decrease in information asymmetry. However, the findings show that the effects are much stronger in the period immediately following the release of an annual report and have little to no impact in the long term. Additional tests also show that a higher number of tags in total leads to higher level of information asymmetry. Our findings provide important insights into the effect of iXBRL regulation and the impact of the discretionary room that is allowed in iXBRL reporting. The findings can provide important insights for regulators, preparers, and researchers as a reference point when discussing future research and regulations.
Investigating the Predictive Power of Operating Income/Earnings vs. Cash Flows on Future Cash Flows
(2024-08-16) Nilsson, Alexander; Printz, Alexander; University of Gothenburg/Department of Business Administration; Göteborgs universitet/Företagsekonomiska institutionen
The Financial Accounting Standards Board (FASB, 1978), as well as the International Accounting Standards Board (IASB, 2020), claim that accrual accounting methods provide investors with more useful information when making predictions about future cash flows, than do operating cash flows themselves. This paper seeks to evaluate this claim by testing accrual-based earnings variables and operating cash flow with cross-sectional, pooled estimates, and industry-specific regression models, and comparing the resulting 𝑅 values. 2 Prior research on this topic has primarily been conducted on American firms, amongst others by Ball & Nikolaev (2022), whose article has been the inspiration of this paper. To examine if the results obtained by Ball & Nikolaev (2022) also apply to Europe and IFRS accounting, our data has been retrieved from firms listed in the Schengen Area and the United Kingdom. Our results replicate the findings of previous research, with the exception of one anomaly; the variable that adjusts operating cash flow by including working capital accruals showed inferior predictive power relative to operating earnings. In line with the prior findings of Ball & Nikolaev (2022), we find that the predictive power of accrual-based earnings measures are greatly enhanced when allowing for cross-sectional differences in firms.
Patientcentrerad vård. EN systematisk litteraturstudie om konceptets förverkligande
(School of Public Administration/Förvaltningshögskolan, 2020) Nilsson, Alexander; Göteborgs universitet; University of Gothenburg
The Importance of Recovery to Prevent Injuries in Track and Field - A Quantitative Study on Swedish Elite Track and Field athletes’ recovery
(2017-08-28) Martinsson, Johan; Nilsson, Alexander; Skatt, Daniel; University of Gothenburg/Department of Food and Nutrition, and Sport Science; Göteborgs universitet/Institutionen för kost- och idrottsvetenskap
The balance between training and recovery is crucial for elite athletes to prevent injuries. Track and field is a sport that is practiced worldwide on all levels and the practice is associated with a risk of suffering an injury. The purpose with this study is to investigate how recovery factors in elite track and field athletes’ recovery is associated with the development of injuries and if training when you’re fatigued increases the risk of getting an injury. This is to get a better understanding of the importance of the recovery. The study has a quantitative approach were the data has been collected through an application on smartphones with questions to measure the athletes’ recovery every day from September 2016 to April 2017. The answers have been analyzed as a part of a longitudinal study (2016-2020). The athletes who participated (n=36) are either top three juniors (18-22 years) or top six seniors (>22 years) in Sweden in their discipline representing sprint, jump, middle/long distance running or throwing. The results show that you cannot see which factor(s) that affect the development of injuries (p>0.05). There is also no significant difference (p>0.05) between the non-injured- and the injured athletes in terms of fatigue to prevent an injury. More research needs to be done in track and field to investigate how the recovery process contributes to the development of injuries.
The Use of Digital Games for Developing Oral Proficiency in English: A Literature Review
(2018) Nilsson, Alexander; Institutionen för språk och litteraturer
This literature review aims to give the reader an overview of the research done on using digital games for developing oral proficiency. Digital games are still a new research field in general but previously conducted research on digital games and their use for language learning have shown that they may have a place in education. The material presented in the review found that digital games for the development of oral proficiency can be rationalized within the upper secondary school curriculum as well as previously established theories on learning. The studies were found to lack empirical data and proper results detailing actual development of oral proficiency and were only able to show that they may have potential as learning tools. The review concludes with a discussion surrounding the research gaps found in the field as well as reflections on how to make the best use out of digital games in a classroom setting. In conclusion, digital games show potential for the development of oral proficiency but require more research and empirical evidence.