Browsing by Author "Strand, Emil"

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    AKTIV ELLER PASSIV FÖRVALTNING -EN UNDERSÖKNING AV SVENSKA FONDERS RISKJUSTERADE AVKASTNING UNDER OLIKA BÖRSFASER
    (2021-02-10) Eliasson, Joel; Strand, Emil; University of Gothenburg/Department of Economics; Göteborgs universitet/Institutionen för nationalekonomi med statistik
    Mutual funds are at an all-time high in popularity in Sweden and have risen extensively the last decades, with equity funds as the most sought-after. The purpose of this study is to examine and distinguish the performance of 38 active and 13 passive Swedish mutual equity funds over the time-period 2011-2020 and during the volatile period of the corona pandemic, 2020. The study uses a quantitative research method and is using multiple financial performance measures to examine, analyze, and comparing the results gathered. Previous studies indicate that the efficient market hypothesis holds under wide time-periods which is also established in this study with no statistically significance on neither performance measure. During the pandemic there is statistically significance on two out of three tested performance measures, which implies that active funds outperform passive funds in a volatile stock market. These results support the view of some previous studies with similar conclusions.
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    Investigating successful performance measures for spare part providers operating as cost centers – based on the case study in an international organization
    (2023-06-29) Strand, Emil; Agnihotri, Shikhar; University of Gothenburg/Graduate School; Göteborgs universitet/Graduate School
    The research finds a solution to the problem of measuring performance for a cost center that is in the aftermarket supply business. It is based on a case study at Volvo Group’s Service Market Logistics division responsible for supplying spare parts to its dealers. Being a cost center has proved very challenging in finding the right performance measures for the business. The measurement used by the case company was Deliveries to Standard (DTS) which was used to measure the volumes delivered by its distribution centers and make comparisons of their performances. DTS is a measurement of value, and its use for performance evaluations was doubted. This study uses Data Envelopment Analysis for determining a comprehensive performance picture of such an organization. It finds that value can be used as a measurement of performance under the right conditions. Also, it concludes that the complete performance of a spare part supplier operating as a cost center cannot be measured by one single metric. To determine performance outgoing volume, costs, and service level should be considered.