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1
Esbjörnson, Alfred. "En hel roman för en femma : Utgivningspolitik inom En bok för alla 1976–1979." Thesis, Södertörns högskola, Idéhistoria, 2018. http://urn.kb.se/resolve?urn=urn:nbn:se:sh:diva-37439.
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The Swedish publishing company En bok för alla (which translates as “A book for everyone”) was established in 1976 following a decision in the Swedish parliament granting the right of the government to sign a cooperative agreement with the non-profit foundation Litteraturfrämjandet. Using state funds, the publishing company would publish books of high literary value to be sold at low prices over a three-year period. The purpose of this was to combat the kind of literature that was sold at supermarkets and corner shops, and which was deemed being of low literary value, but also to reach the wider public and attract non-readers. In this study I argue that the establishment of En bok för alla must be viewed as an expression of Swedish cultural policy which took form in the early years of the 1970s. Two years prior to En bok för alla being established the Swedish parliament passed the first cultural policy act of Sweden, thus laying the groundwork for cultural policy to come. In this act, it is stated that aim of Swedish cultural policy was to contribute to a better social environment and to work for the furtherance of equality. This would be achieved by, among other things, minimizing the negative effects of commercial interests in the cultural sphere and decentralizing the production and distribution of culture. During the 1960s and 1970s, books had become increasingly expensive and books of higher literary quality were both more difficult and more expensive than their lower quality counterparts. I argue that many looked at this as a shortcoming on the part of the above mentioned commercial interests, who valued money more than literature. I will also show how some these ambitions, bold though they may have been, in the end fell short of accomplishing the goal of En bok för alla. Though they did succeed in publishing books at low costs, the question of whether they were of high literary quality or not I can’t say, they did not seem to reach the wider audience they had hoped to attract. Following the Swedish election of 2006 and the subsequent change of government, the state funds for En bok för alla were withdrawn in 2007. The argument given for this was that the book market had changed since 1976. This was of course true, but in my opinion the need for these high-quality dime-store books is perhaps even more acute today than ever before. In a time when smartphones, television and computers all compete for our attention, I believe that it is becoming an increasingly important task for our society to secure the role of books and reading in the world of media.
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Bergqvist, Gabriel, and Aristizábal Diego Fernando Botero. "E-book market adoption in Sweden." Thesis, Blekinge Tekniska Högskola, Institutionen för industriell ekonomi, 2018. http://urn.kb.se/resolve?urn=urn:nbn:se:bth-16717.
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The purpose of this thesis is to contribute to the knowledge about why customers select e-books, paper books or audiobooks, and what differences exist for different customer groups. Considering that publishing is a really old business, well established hundreds of years before the internet, it is not surprising that disruptive new concepts as e-books, audiobooks and the internet require the companies to change their way of doing and looking upon business. Organisations need to alter their dominant logic in an appropriate way in order to be able to compete with newcomers that are not attached to an “old” dominant logic. Even though Swedish people are tech-savvy, the e-book market account for a very small proportion compared to the total book market. One important reason for the low proportion of e-books and digital audiobooks is that it is a relatively new market. It takes time for a new market to expand. Another reason is that many companies believe that profitability is too low. The fact that e-books and audiobooks have to pay 25 percent in VAT while the VAT on paper books is 6 percent doesn’t help. The impact of eBooks and audiobooks on the book market is related to the ease or difficulty of potential readers to utilise the available technical aids. This question has been analysed in the context of three partially overlapping theories about the individual's adoption of new technology. They are Technology Acceptance Model (TAM), the United Theory of Acceptance and Use of Technology (UTAUT) and Intrinsic and Extrinsic Motivation Theory. Furthermore, some theories for understanding of individuals' adoption of technical innovations in the book market are used. These are the Adoption-Diffusion Theory and the Innovation-Decision process. In order to gain increased knowledge about determining factors for readers' choice of eBook and paper book, a survey was conducted. Aspects such as demographics, reading habits, willingness to use eBook related services and interest in self-publishing a book were analysed. In our survey, we limit ourselves to an analysis of various individual factors that influence the individual's choice between e-books/audio books and paper books. The survey provides a lot of interesting findings. "Early adopters" in our survey are those who prefer the electronic option, but at the same time read many paper books. It is in this group we find the most frequent readers, not among the traditional paper book readers. Moreover, a low price of e-books relative to paper books makes it easier for readers to adopt e-books. We also found that the group of books who prefer paper books are de facto interested in e-books, but only if they are free or by subscribing to them. The technical conditions for expanding the market for e-books and audiobooks in Sweden are very good. The digital maturity and technical infrastructure are at the top of the world. Virtually all households have the technical equipment needed for digital books, especially among younger people. However, the market for e-books and audiobooks is quite new, which means that it is still very small compared to paper books. However, the rate of growth is high, especially in the form of subscription services.
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Ibrahim, Muhd Kamil. "Market value, book value and goodwill." Thesis, Bangor University, 1999. https://research.bangor.ac.uk/portal/en/theses/market-value-book-value-and-goodwill(51c367e7-9e9d-4acb-bcf7-e33933c4b76c).html.
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This thesis examines the value relevance of goodwill that has been eliminated through reserves in the year of acquisition. Specifically, it investigates the association beiween goodwill reserve write-off and the value placed on the firm by the stock market. In so doing, the thesis describes the relationship between the implied value of purchased goodwill and that of other assets, and we seek to explain the underlying paffern of the amortisation of goodwill over time. The empirical method uses cross-sectional equity valuation models for the period 1994- 6. Based on the modified balance sheet identity, the equity valuation model parameterises purchased goodwill and other assets separately, and a more meaningful interpretation is given of the intercept term than in previous studies relating to purchased goodwill. The results confirm that the market incorporates information on the goodwill reserve write-off in the valuation of a firm, and the results also show that the market: book ratio is similar to tangible assets but its behaviour suggests a relatively higher amortisation rate. Although the present study provides evidence supporting the requirement in FRS 10 (Goodwill and Intangible Assets) to capitalise purchased goodwill, the findings also show that the incremental value of capitalised goodwill declines far more quickly than FRS1O suggests, thus placing particular importance on the impairment test required by FRS 10.
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Creswell, Philip N. "Market microstructure : the automated order book." Thesis, University of Edinburgh, 2004. http://hdl.handle.net/1842/24500.
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This thesis examines the efficiency and implications of the market microstructure provided by the London Stock Exchange (LSE), extending the framework of O’Hara (1995), Parlour (1998) and Madhavan (2000) to accommodate the idiosyncrasies of the Stock Exchange Trading System (SETS) and the Stock Exchange Automated Quotation System (SEAQ). First, we offer a comparison of the two trading platforms using the methodology of Haung and Stoll (1996) and Venkataraman (2001) to show that the SETS order book is a more efficient platform, although it has a limited ability to cope with large orders. We compare the results with those from other exchanges described in Biais <i>et al </i>(1995) and De Jong <i>et al (1995).</i> We then give a detailed analysis of the SETS order book, the aggregate behaviour of traders, and a look at an investor’s order choice between aggressive market orders and passive limit orders. Building on theories described in Glosten (1992), Keim and Madhavan (1995), Harris and Hasbrouk (1996), Griffiths <i>et al </i>(2000) and Grinblatt and Keloharju (2001) we ask such questions as, when and in what way does the spread and depth vary? How do market conditions affect the choice of orders and vice versa? And how do the official order book market and the unofficial dealer market coexist? We analyse the aggressiveness of orders sent to SETS, as Beber and Caglio (2003) and Ellul <i>et al </i>(2003) do for the NYSE, and explain how spread, depth and asymmetry of depth affect the choice between limit orders and market orders. We find that, as the market moves from a bull phase to a bear phase, overall order activity ‘increases, the proportion of trading going through the order book increases, the quoted spread seems unaffected but the asymmetry of depth increases. We also find that daytime returns are higher during the bear market, due to the speculative nature of the continuous market (compared to the actions of the off market traders and the price set during the opening call auction). We differentiate between the behaviour of sellers and buyers; buyers are more heterogenous, and their decisions are more reliant on the time of day and market conditions. Finally we differentiate investors by trading volume and show that while medium sized traders conform to modern theory, larger traders use aggressive orders to manipulate the market and hide information, and small traders pay little attention to the method of execution.
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Kampe, Cristina. "Efficiency aspects on the Polish stock market /." Aachen : Shaker, 2004. http://www.gbv.de/dms/zbw/379623196.pdf.
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Ivanova, Yulia. "The entry strategy to Belarussian book market." Master's thesis, Vysoká škola ekonomická v Praze, 2010. http://www.nusl.cz/ntk/nusl-74039.
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The thesis demonstrates the entry strategy of a fundamentally new product - the magazine-catalogue of business books through the publishing house - to the B2B Belarusian book market. This product will help companies to make a better choice in the market of business literature. Customers will enjoy an overview and easy access to the titles, will have a quick reference about the content and prices, and will be able to place purchase orders online. The central issue is the optimization of courier service in the capital city Minsk and the surrounding area based on the customer demand. Therefore there is a need to introduce a new product, which will help to order books through catalogue and having them delivered by post, saving both, time and energy. The thesis is based on actual experience and its conclusions can be used in business practice.
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Kilinc, Mustafa. "Financial markets and boom-bust cycles in Turkey." Diss., Restricted to subscribing institutions, 2007. http://proquest.umi.com/pqdweb?did=1481668691&sid=1&Fmt=2&clientId=1564&RQT=309&VName=PQD.
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Meilūnaitė, Vaišvilienė Alina. "Influence of advertising on customer in book market." Doctoral thesis, Lithuanian Academic Libraries Network (LABT), 2010. http://vddb.laba.lt/obj/LT-eLABa-0001:E.02~2010~D_20100527_135200-04112.
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Paper represents the research of influence of advertising and its results. The research was conducted in two stages: an experiment to evaluate influence of advertising, trademark, and other factors on the choice of books, and a research to interpret the obtained data – influence of advertising was interpreted in the context of respondents’ experience, system of influence of advertising in book market was established, factors differentiating influence of advertising were singled out. The research also analyses theories of advertising influence and estimates the relation between advertising and book business. Theories of the influence of advertising fall into four groups. From theories of market response that bring no transitional effects it is proceeded to theories of persuasion. The relation of advertising and individual experience, and advertising and information was looked into in the framework of publicity and experience. In the second part, book advertising theory was analysed, preceding scientific research and approach to advertising in scientific research of publishing sector were studied, and market research conducted in various countries were analysed to estimate the relation between advertising and book business. Theoretical part of the investigation addresses traits of book market that shape communication of advertising, and subjects of book advertising are estimated from the point of view of influence.<br>Disertacijoje nagrinėjama reklamos ir knygų verslo sąveika, nustatomi knygų reklamos poveikio vartotojui būdai, išskiriami poveikį diferencijuojantys faktoriai. Išnagrinėjus reklamos poveikio teorijas, nustatomi bendrieji reklamos poveikio principai. Reklamos poveikio teorijos suskirstytos į keturias teorijų grupes, – nuo rinkos atsako teorijų, kurios neturi pereinamųjų efektų, pereinama prie įtikinimo teorijų, kurių ribose ilgą laiką plėtotos racionalaus poveikio teorijos buvo peržiūrėtos emocinio poveikio aspektu. Populiarinimo ir patirties teorijų ribose apsvarstytas reklamos ir informacijos, reklamos ir individo patirties santykis. Siekiant įvertinti reklamos ir knygų verslo sąveiką, analizuota knygų reklamos teorija, nagrinėti mokslo darbai, tyrę knygų reklamos ir rinkodaros klausimus, rinkos tyrimai. Teoriniame tyrime svarstomi knygų rinkos bruožai, formuojantys reklamos komunikaciją, poveikio aspektu nagrinėjami knygų reklamos objektai. Reklamos poveikio tyrimas buvo vykdomas dviem etapais, – pirmajame etape atliktas eksperimentas, kurio metu buvo vertinama reklamos, prekės ženklo ir kitų faktorių įtaka knygų pasirinkimui; antrajame etape atliktas tyrimas gautiems duomenims paaiškinti – reklamos poveikis išnagrinėtas individo patirties kontekste, nustatyta reklamos poveikio sistema knygų rinkoje, išskirti reklamos poveikį diferencijuojantys veiksniai.
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Malik, M. A. A. "Limit order book dynamics and market impact estimation." Thesis, University of Essex, 2011. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.571506.
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This thesis focuses on two closely related areas of liquidity and market impact. The historic limit order book of Stock Exchange Trading Sys- tem (SETS) operated by the London Stock Exchange (LSE) is rebuilt using this framework for empirical analysis of information contained in the limit order book. The concept of Notional Volume Weighted Average Price (NVWAP) is introduced to construct liquidity supply and demand curves based on real time bid and ask schedules of the full length of the limit or- der book. This unique approach is used to determine how the order book behaves and I find consistent wave-like patterns between up- ward and downward price trends. Regression coefficients of the slope of the curves for each market event are estimated using an exponen- tial model. Four statistics are defined to identify bullish and bearish trends without prior knowledge of the market price. Detailed analy- sis shows that these statistics correctly identify market conditions for 88% to 97% of the observations. The intraday patterns of regression coefficients are revealed using a nonparametric kernel regression model. These intraday patterns are not found to be consistent between stocks over time. A resampled and deseasonalised set of estimated regression coefficients is analysed for temporal dependence using a multivariate vector autoregression (VAR) model. Inferences drawn from marginal probabilities regarding Cranger-causality do not show significant impact of slope coefficients on the opposite side of the limit order book implying that each side of the market is simultaneously rather than sequentially influenced by prevailing market conditions. The VWAP concept is extended to estimate the average shape of the limit order book and average market impact. The average market impact estimates are found to be superior than the order imbalance based approach. A time-of-day market impact for a given aggregate volume is estimated using a multivariate kernel regression model with monotonicity constraint. The estimated market impact shows stock- specific and wave-like impact that is asymmetric for buyers and sellers.
10
Klaassen, Jan-Aaron. "Knowledge Society and the Book Market in Egypt." St. Gallen, 2005. http://www.biblio.unisg.ch/org/biblio/edoc.nsf/wwwDisplayIdentifier/02606903001/$FILE/02606903001.pdf.
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Kampe, Chrtistina [Verfasser]. "Efficiency Aspects on the Polish Stock Market / Chrtistina Kampe." Aachen : Shaker, 2004. http://d-nb.info/1172610436/34.
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Voronkova, Svitlana. "Institutional trading, trading mechanisms and equity market integration: essays on the Polish stock market." [S.l. : s.n.], 2004. http://deposit.d-nb.de/cgi-bin/dokserv?idn=975178873.
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Osterrieder, Jörg Robert. "Arbitrage, the limit order book and market microstructure aspects in financial market models." kostenfrei, 2007. http://e-collection.ethbib.ethz.ch/view/eth:29478.
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MONNERAT, RENATA SILVINO. "THE GAPS IN THE MARKET: DESIGNERS AS BOOK PUBLISHERS." PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO, 2017. http://www.maxwell.vrac.puc-rio.br/Busca_etds.php?strSecao=resultado&nrSeq=30705@1.
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PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO<br>COORDENAÇÃO DE APERFEIÇOAMENTO DO PESSOAL DE ENSINO SUPERIOR<br>PROGRAMA DE SUPORTE À PÓS-GRADUAÇÃO DE INSTS. DE ENSINO<br>A dissertação apresenta o trabalho de designers-editores de livros, profissionais que possuem conhecimentos da área do Design e atuam no mercado editorial na função de editor. Evidencia o diferencial que a personagem do designer-editor traz ao contexto atual do mercado editorial e ao campo do Design. Diante das transformações ocorridas no entorno do universo editorial, profissionais da cadeia produtiva do livro e editores têm suas funções desafiadas e novos conhecimento são exigidos. Habilidades voltadas para a busca por inovação, criatividade e gestão da complexidade com que se estrutura o mercado são necessárias. O trabalho teve como objetivo identificar quais os conhecimento adquiridos a partir do DESIGN diferenciam o EDITOR na sua atuação no MERCADO como editor de livros. Para isso, foram estabelecidos os contextos da editoração do Brasil, aspectos históricos e culturais, delimitada a função do editor de livros no mercado contemporâneo e caracterizadas as competências e habilidades que capacitam o designer. A dissertação documenta três experiências editoriais: André Villas-Boas e a 2AB editora; Vitor Barreto e as editoras Novas ideias e 2AB; e Christiano Menezes e a DarkSide books. São analisadas as biografia dos três editores, o histórico de formação das editoras, as linhas editoriais propostas, os catálogos constituídos e as obras representativas editadas. E ao final, delimitadas as influências da experiência em Design sobre o exercício da função editorial.<br>The dissertation presents the work of designers-book publishers, professionals who have knowledge of Design and act in the book publishing market as a publisher. It seeks to highlight the differential that the designer-book publisher brings to the current context of the book publishing market and the field of Design. Faced with the transformations that have occurred in the surroundings of the publishing world, professionals in the production chain of the book and publishers have their functions challenged and new knowledge is required. Skills aimed at the search for innovation, creativity and management of the complexity with which the market is structured are necessary. The work aims to identify which knowledge acquired from DESIGN differentiates the EDITOR in its work in the MARKET as a book publisher. For this, the research establishes the contexts of Brazilian publishing, historical and cultural aspects, delimits the function of the book publisher in the contemporary market and characterizes skills and abilities that enable the designer. The dissertation documents three editorial experiences: André Villas-Boas and 2AB editora; Vitor Barreto and the Novas Ideias and 2AB editora; and Christiano Menezes and DarkSide books. Then, it analyzes the biographies of the three editors, the history of publishing houses, the editorial lines, the catalogs and representative works. Finally, it delimits the influences of the experience in Design on the exercise of the editorial function.
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Heang, Rasmey. "BOOK REVIEW: THE USE OF MARKET INTELLIGENCEIN COMPETITIVE ANALYSIS." Thesis, Högskolan i Halmstad, Akademin för ekonomi, teknik och naturvetenskap, 2017. http://urn.kb.se/resolve?urn=urn:nbn:se:hh:diva-33508.
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Most of managers are concerning on the practical work of making a good strategic planning for their company, but they pay a little attention in theories where it is helpful for them to build the insights of competitive analysis. This paper aims to provide managers with understanding the insight of market intelligence and how market intelligence will be used in building the competitive analysis through industry analysis, company analysis, competitor analysis, business intelligence, and marketing intelligence. This study will be useful, practical and able to provide guidance for the practical application of ideal concepts in real situation. This paper is not only applicable for managers but also it is useful for business school faculty and students since they could find this book to be a supplement to the more academic articles available.
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Maskaly, Jonathan. "The displacement effects of a police drug crackdown on open air markets and drug houses." abstract and full text PDF (UNR users only), 2009. http://0-gateway.proquest.com.innopac.library.unr.edu/openurl?url_ver=Z39.88-2004&rft_val_fmt=info:ofi/fmt:kev:mtx:dissertation&res_dat=xri:pqdiss&rft_dat=xri:pqdiss:1464450.
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Abdel-Jalil, Tawfiq Hasan. "Book-to-market value of equity ratios and earnings realization." Thesis, Bangor University, 2000. https://research.bangor.ac.uk/portal/en/theses/booktomarket-value-of-equity-ratios-and-earnings-realization(48ae90b1-c8a9-44c9-b2ca-e030783c2f04).html.
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This thesis increases our understanding of the book-to-market ratio via a detailed examination of how and when earnings are realised in relation to firms' "capitalisation" and "average useful-life of assets". Book-to-market ratios (BMRs) are regressed as a function of changes in market value of equity ratios for British industrial companies registered on the London Stock Exchange from 1987 to 1996. Data from a prior period (1976-1986) is also employed to stabilise for effects of earnings realisation before the regression period. The "average useful-life assets" for the firms in the sample determines the time horizon of the analysis. The path of abnormal earnings over this horizon reflects the pattern of expiration of the useful-lives of assets in place. The analysis finds that an accrual measurement effect dominated in BMRs increases over the analysis period and also that accrual measurement is more influential in BMRs for firms with short than with long "average useful-life assets". Changes in market value ratios are found to inform about future earnings up to at least six years, except for highlycapitalised firms with long useful-life assets (for which the relationship lasts up to 4 years). The length of the informative period is found to be inverse to the average useful-life of firms' assets. The effect of differences between annual changes in market value of equity ratios on BMRs across time diminishes soon (two years) after the initial market shock' occurs. Long useful-life assets have no further effect on BMRs evolution at more distant lags. Contrary to previous research (in the USA), changes in market value of equity ratios (for UK firms) are found to be associated more with short than with long useful-life assets. Although not specially tested for, this result supports the notion of "short-terminism" of which the UK stock market is sometimes accused. The apparent "short-terministic" outlook by investors in UK firms coincides with improved predictability of BMRs in the UK compared with the US market. The high coefficients of determination from changes in market value of equity ratios as a function of BMRs, identified in the study, motivates a further test for a prediction model which is able to predict 29.2% of the variation in book-tomarket value of equity ratios 8 years in advance.
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Welton, William E. "The impact of differences in market structure on community-wide Medicare expenditures." Ann Arbor, Mich. : University of Michigan, 1999. http://books.google.com/books?id=YC9YAAAAMAAJ.
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Emeny, Matthew. "The book-to-market effect and the behaviour of stock returns in the Australian equity market." Title page, contents and abstract only, 1998. http://web4.library.adelaide.edu.au/theses/09ECM/09ecme533.pdf.
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"August 1998" Bibliography: leaves 74-78. The relationship between the returns to a stock, and ratio of book equity to market equity of the firm, are tested for the Australian stock market, and statistically significant evidence is found in support if the :book to market effect". Several tests are performed to determine whether this return premium is the result of additional risk or market inefficiency. No evidence is found to suggest that high book-to-market stocks are associated with additional risk, and only weak evidence is found to suggest that return premium is a result of investor over-reaction. An alternative explanation IS offered, relying on the dynamic behavior of firms and the process by which investors value the stocks of these firms.
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PAZOS, PRISCILLA VANESSA GUERRERO. "AN ANALYSIS OF BOOK-TO-MARKET, BANKRUPTCY RISK AND RETURN FACTORS IN THE STOCK BRAZILIAN MARKET." PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO, 2015. http://www.maxwell.vrac.puc-rio.br/Busca_etds.php?strSecao=resultado&nrSeq=25830@1.
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PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO<br>COORDENAÇÃO DE APERFEIÇOAMENTO DO PESSOAL DE ENSINO SUPERIOR<br>PROGRAMA DE SUPORTE À PÓS-GRADUAÇÃO DE INSTS. DE ENSINO<br>O presente estudo analisa a relação entre as variáveis Book-to-Market, risco
de falência e retornos no mercado acionário brasileiro para um total de 168 firmas
da Bovespa no período de Julho 2009 até Junho 2014. Os resultados demonstram
que na medida em que a probabilidade de falência e o Book-to-Market aumentam,
as empresas brasileiras pagam um prêmio de risco maior. Apesar disto, o fator
Book-to-Market quando analisado separadamente, não consegue mostrar uma
relação direta com o prêmio de risco, isto é, empresas com alto Book-to-Market
(empresas de valor) não necessariamente pagam retornos maiores que as empresas
com baixo Book-to-Market (empresas de crescimento). Isto contraria estudos
feitos em mercados financeiros desenvolvidos, onde tal relação é estatisticamente
significante.<br>This study analyzes the relationship between the variables Book-to-Market,
bankruptcy risk and returns in the Brazilian stock market for a total of 168
Bovespa firms in the period from July 2009 to June 2014. The results demonstrate
that as the probability of failure and the Book-to-Market increase, Brazilian
companies pay a higher risk premium. Despite this, it was found that the Book-to-
Market factor when analyzed separately, is not able to show a direct relationship
to the risk premium, that is companies with high Book-to-Market (value
companies) do not necessarily pay higher returns than companies with low Bookto-
Market (growth companies). This contradicts previous studies done in
developed financial markets, where such relationship is statistically significant.
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Sheahan-Bright, Robyn, and n/a. "To Market to Market: The Development of the Australian Children's Publishing Industry." Griffith University. School of Arts, 2005. http://www4.gu.edu.au:8080/adt-root/public/adt-QGU20060127.123757.
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The aim of this study is to examine the tension between 'commerce and culture' in the dynamic development of the Australian children's publishing industry, within the wider context of international children's publishing history. It aims to refute a commonly stated 'truism' - that the conflict between the cultural value of a book and the need to market it threatens the integrity of the authors, publishers and the books themselves. Instead, it demonstrates that the tension between cultural and commercial definitions of the book publisher's role lies at the heart of the dynamism which has fuelled the development of a publishing climate, and created really innovative publishing. Publishing has too often been examined as if the sole motive of the publisher should be to produce books of quality, and though this is certainly the primary objective of the publishers which are the focus in this study, it is imperative to recognize that the dissemination of 'quality' literature and cultural product has always been dependent upon the recognition of commercial strategies which are often naively dismissed as being opportunistic and even extraneous to the publisher's purpose. As this thesis endeavours to show, the pioneering efforts of John Newbery, the Religious Tract Society, E.W. Cole, Ward, Lock & Co., and Australia's first publisher Angus & Robertson and of later publishers such as Penguin, Scholastic, Lothian, Omnibus, Allen & Unwin and others, were founded just as much upon the shrewd recognition of a viable market as they were upon the aim to enrich young readers' lives. In fact it is the symbiotic partnership between these two objectives which has fuelled their successes and their failures. It is where publishers either steer a path paved only with good intentions or one paved entirely with gold that their enterprises generally falter. The study owes a significant debt to the achievements of those who have documented Australian children's publishing 'output' so assiduously - Maurice Saxby's groundbreaking histories (1969, 1971, 1993) and Marcie Muir and Kerry White's comprehensive bibliographical tools (1982, 1992). Contrary to those endeavours, though, this study'goes back-stage' to the area where the publishing 'action' happens. Consequently it does not provide a comprehensive overview of every publication or author; it does not cover every genre and style. Rather it is concerned to document the activities of publishers which have produced books for children in Australia, in brief, and to isolate key examples of publishing enterprises within this coverage which represent 'case studies' of the different types of companies which have played a successful part in publishing development. This work is intended to be of interest not simply to either children's literature or Australian literature theorists, but to book historians, and to media, cultural studies and entertainment industry theorists. It was based on a belief that cultural histories of this nature are valuable in tracking the growth of a society and also in demonstrating that creative endeavours are never simply that. They are the result of a complex interweaving of a variety of factors, and that therefore artists approach creativity 'at their peril' without first understanding something of the world into which they are entrusting their creations. Consequently there were several objectives in the study which were to: 1. contextualize Australian children's publishing within a history of children's publishing internationally, with particular reference to early commercial beginnings in Britain and to British Empire developments, but also with appropriate reference to growth in the USA; 2. contextualize Australian children's publishing within the broader range and expansion of the book publishing industry in Australia, particularly the latter's economic growth and cultural influence since WWII, but also including an overview of foundational developments from the nineteenth century; 3. contextualize Australian children's publishing within social, educational and cultural developments, such as the development of education programs, the expansion of public and school libraries, the changes in government policy related to children and books, shifting social attitudes towards the child, and the impact of entertainment and media industries; 4. examine the roles played by various individuals, especially publishers, managers, editors, marketers, booksellers, librarians, teachers and professional commentators in the development of the Australian children's publishing industry. Their roles will be analysed in the context of various industry-particular questions such as a) the oft-remarked upon tensions that exist in publishing, between for example, 'craft-like' and bureaucratic structures; b) the interplay between 'structure and agency' in the industry; c) the shift from a 'library market' to a 'mass market' under such influences as globalization and media; d) whether publishing is necessarily more 'Australian' if it is done by independent, rather than multinational companies; and e) the influence that the 'internal' structure of publishing has had on its development, e.g. the isolation of children's publishing from the mainstream, the predominance of women as agents in its development, and so on; 5. finally, discuss the implications of globalization since the 1970s, and posit future directions in the production, marketing and consumption of children's properties. This study examines the industry from a critical perspective relying not on the evaluation of quality as opposed to mass market literature, but viewing all forms of trade literature for children as part of a dynamic whole. It therefore traces the origins of publishing in English-language countries briefly first before examining the Australian situation, and shows that from the very beginning, publications for children have been the products of both altruistic and profit-driven objectives. It concentrates on the post-WWII period, on certain key enterprises and trends which have been particularly successful, suggesting that those publishing houses and those individuals within them who 'balance' commerce and culture with the most skill, are those who succeed in making 'good' books readily accessible to those for whom they have been created. This thesis celebrates the fact that children's publishers have always demonstrated an admirable combination of opportunism and idealism, the two characteristics which are essential to a successful publishing company. Australia has been fortunate in rearing several enterprising individuals whose early publishing attempts laid the ground for the currently successful houses. Without E.W. Cole, William Steele at Ward, Lock and Co., Frank Eyre at Oxford University Press, Andrew Fabinyi at Cheshire, Barbara Ker Wilson at Angus & Robertson, Anne Bower Ingram at William Collins, the later successes of key individuals at Penguin Books Australia, Scholastic Australia, Allen & Unwin, Lothian Books and Omnibus Books and countless others may not have been planted in such fertile ground. This study predicts that the future of Australian children's publishing lies in the recognition of the essential role played by commercial instincts in shaping cultural endeavours.
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Havrylchyk, Olena. "Banking efficiency, consolidation and foreign ownerhip: evidence from the Polish banking market." kostenfrei, 2005. http://deposit.d-nb.de/cgi-bin/dokserv?idn=974255300.
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Deji-Olowe, Adeola. "Essays on investor trading activity in a limit order book market." Thesis, University of Manchester, 2014. https://www.research.manchester.ac.uk/portal/en/theses/essays-on-investor-trading-activity-in-a-limit-order-book-market(0a43bc1f-345f-4d65-9164-bb034ce4595d).html.
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This thesis consists of three essays examining the impact and consequences of the trading behaviour of a finely disaggregated category of investors in an electronic limit order book equity market, the Malta Stock Exchange (MSE). The three essays in market microstructure are closely related and examine how investor heterogeneity impacts the informational content of the limit order book, the informational content of individual trades, the price impact of investor trades, the aggressiveness of order submission strategies and the price discovery process within such a market. The first essay investigates the role of the financial intermediary in the price discovery process in a limit order market. We address this issue by analysing the trades of brokers within the Malta Stock Exchange by comparing the profitability of their individual trades and the impact of these trades on the price discovery process. The results of a Weighted Price Contribution methodology indicate that more active brokers that dominate the market in terms of volume and amount traded account for a significant portion of the price discovery process. We also find that the level of profitability of these brokers is directly proportional to the amount of volume traded and their relative share in the price discovery process. This appears to rule out the possibility of manipulative trades by these brokers in order to influence profitabilityThe second essay examines the price impact of the order flow emanating from finely disaggregated classes of investor with the aim of determining whether detectable differences exist in the extent to which orders emanating from particular groups of investors impact on the evolution of stock prices. On the aggregate stock level, results indicate price impact is inversely related to liquidity and as such the price impact of trades is of a higher magnitude and significance in stocks that are less liquid. Significantly, we find that stocks with higher liquidity and trading volume adjust quickly to price changes and the cumulative impact is realised earlier for these stocks. Similarly, for investor classes, our results show that the magnitude and significance of individual price impact increases as liquidity of the stocks declines, showing that as liquidity increases in the order book, the impact of information asymmetry begins to diminish. Institutional investors consistently have the highest significant impact on the evolution of prices across all the stocks. The final essay examines how investors structure their order submission choice in response to changes in the limit order book and market conditions (such as order depth, volatility, returns, and height of the limit order book). We identify 7 distinct investor classes who differ in their trading requirement and the information set available to them, and as such we expect that these investors will adopt different strategies to maximise their trades. The results show variability in the submission strategies adopted by investors as trade sides changes from buy to sell trades. It also indicate that investors have to balance between execution risk, the timely use of private information and the risk of being picked-off by other informed investors. In analysing the varied responses of these investors, we find that the order submission strategies adopted is most responsive to the risk of non-execution.
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Vieira, Pedro Nuno Rino Carreira. "Efeitos dimensão e book to market ratio revisitados : o caso inglês." Master's thesis, Instituto Superior de Economia e Gestão, 2005. http://hdl.handle.net/10400.5/601.
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Mestrado em Gestão<br>Uma das correntes teóricas centrais do universo da investigação em finanças assenta na Efficient Markets Hipothesys, segundo a qual os mercados são eficientes e os investidores racionais, na lógica do pensamento de Markowitz e do modelo CAPM. No entanto, têm vindo a ser identificadas na literatura diversas anomalias, nomeadamente overeraction, underreaction, efeito earnings value, efeito dimensão e efeito book to market, entre outros. O estudo destas anomalias tem vindo a ser levado a cabo sobretudo no contexto do paradigma Behavioural Finance. Fama e French (1992) identificam o efeito dimensão e o efeito book to market como os mais relevantes para a explicação da evolução dos preços dos activos financeiros, desenvolvendo com base neles um modelo multi-factor para a explicação das respectivas rendibilidades. Para o efeito, assumem os respectivos indicadores como proxies de factores de risco (Fama e French, 1993). Por contraposição, Daniel e Titman (1997) apresentam evidência de que a dimensão e o book to market explicam a rendibilidade dos títulos por serem características relevantes da empresa e não por constituírem proxies de factores de risco. Resultados que Davis, Fama e French (2000) rebateram com um conjunto de dados diferente e com uma nova metodologia de tratamento.
Quem terá razão? Eis a nossa dúvida inicial. No entanto, a nossa surpreendente e inesperada evidência para o mercado inglês começa por contrariar o modelo proposto por Fama e French (1993) e mostra grandes contradições na relação entre os efeitos dimensão e book to market, por um lado, e rendibilidade e volatilidade na Inglaterra e nos EUA. Surgiram aparentes irracionalidades, de tal forma que as bases de suporte da nossa questão deixaram de fazer sentido. Uma coisa parece certa: os resultados confirmam, no mínimo, a má-especificação do CAPM e, no máximo, sugerem que os mercados financeiros não são de todo eficientes.<br>The Efficient Markets Hypothesis is one of the mainstream theories in the financial world. Financial markets are supposed to be efficient and its players rational as defined by Markowitz (1959) and assumed by the CAPM. However, several anomalies, such as overreaction, underreaction, earnings value, size effect or book to market effect, have been reported during the last 25 years, especially in the 80's. Many of the academic working in this subfield regards their results as strong evidence against the Efficient Markets Hypothesis. This approach is usually known in the financial markets academic community as the Behavioural Finance paradigm. In work published in 1992, Fama and French have studied all these anomalies concluding that size effect and the book to market effects are the most relevant ones. With these two variables and a market factor P they have proposed a multifactor model to explain the stock return. They assume that all market value and Book to Market Ratio are proxies to some distress factor. However, Daniel and Titman (1997) show that these factors can not be understood as distress factor proxies, but as relevant characteristics that can actually explain the cross section variation in stock returns. On their work Davis, Fama and French (2000) refuse these results using a different set of data and another methodology. The question is Who's right? This was our initial focus. However, we have found surprising and unexpected evidence against the Fama-French Model in the United Kingdom market and challenging about the size and market to book effects in both UK and USA. Some irrationality has come up making our initial question irrelevant under the Daniel and Titman (1997) and Davis, Fama and French (2000) methodologies. One issue remain certain: our results, at least, support a bad CAPM specification and, at most, suggest that financial markets are not efficient, at all.
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Lauretti, Carlos Marcelo. "A relação entre intangibilidade, desempenho financeiro e desempenho de mercado." Universidade Presbiteriana Mackenzie, 2012. http://tede.mackenzie.br/jspui/handle/tede/800.
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Previous issue date: 2012-02-06<br>Fundo Mackenzie de Pesquisa<br>The index obtained by dividing the equity book value by market value (book-to-market) is found in corporate finance studies to capture performance perspectives that are not present in financial statements. These studies find a negative relation between it and the future financial performance measured by return on assets and a positive relation with market performance measured by return to shareholders, even if the expected return to shareholders is adjusted for non-systematic risk measured by Beta. This research attempts to show that book-to-market value can be characterized as a proxy for companies idiosyncratic intangible assets, and these resources provide sustainable financial performance. The sustainability of financial performance may explain this positive relation between book-to-market value and return to shareholders that are found in these studies, as investors would accept a lower risk premium offered by intangible-intensive companies. If we accept market efficiency hypothesis, by which prices capture all publicly or not available information affecting the value of companies, then intangible-intensive firms present lower risk. This research also brings the discussion that if it is the companies idiosyncratic intangible assets that promote sustainable financial performance then a measure of the construct of intangibility has greater explanatory power for the observed financial and market performance. Strategic resource literature proposes Tobin's Q as an intangibility construct metric. This study shows that the use of Tobin's Q allows the construction of a better performance estimator then book-to-market value, thus confirming that it is intangible assets that offers the best explanation for the companies financial and market performance. This study finds a strong positive relation between intangibility and sustainable financial performance and a negative relation with market performance.<br>O índice obtido pela divisão do valor contábil pelo valor de mercado do patrimônio líquido (Book-to-Market) é encontrado em estudos de finanças corporativas para capturar perspectivas de desempenho que não estão presentes nos demonstrativos contábeis. Estes estudos notam relações negativas entre ele e o futuro desempenho financeiro mensurado pelo retorno sobre os ativos, porém positivas com o desempenho de mercado mensurado pelo retorno para o acionista, mesmo que o retorno esperado para o acionista seja ajustado pelo risco não sistemático mensurado pelo Beta. O presente estudo procura mostrar que o índice Book-to-Market pode ser caracterizado como uma proxy para os recursos intangíveis idiossincráticos das empresas, e são estes recursos que proporcionam desempenho financeiro sustentável para as empresas. A sustentabilidade do desempenho financeiro pode explicar esta relação positiva entre o índice Book-to-Market com o retorno para os acionistas, já que os investidores estariam dispostos a aceitar um menor prêmio de risco oferecido por empresas intangível-intensivas. Se admitirmos a hipótese de eficiência de mercado, na qual os preços capturam todas as informações disponíveis publicamente ou não que afetem o valor das empresas, então as empresas intangível-intensivas apresentam menor risco. A presente pesquisa traz ainda a discussão de que sendo os ativos intangíveis idiossincráticos das empresas o que promoveria o desempenho financeiro sustentável, então uma métrica do constructo de intangibilidade teria maior poder explicativo para o observado desempenho financeiro e de mercado do que o Book-to-Market. A literatura de recursos estratégicos propõe como métrica do constructo de intangibilidade o índice Q de Tobin. Este estudo mostra que a utilização do índice Q de Tobin permite a construção de melhores estimadores de desempenho que o Book-to-Market, corroborando assim que é a intangibilidade que oferece melhores explicações para o desempenho financeiro e de mercado das empresas. Este estudo encontra uma forte relação positiva entre intangibilidade e desempenho financeiro sustentável e negativa com o desempenho de mercado.
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Garcia, Barberena Amaia, and Pinillos Leyre Diaz. "The Acceptance of the Digital Books' Market in Spain by Consumers and Companies." Thesis, Högskolan i Halmstad, Sektionen för ekonomi och teknik (SET), 2011. http://urn.kb.se/resolve?urn=urn:nbn:se:hh:diva-15870.
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Title: The Situation of Digital Books’ Market in Spain. The acceptance by consumers and companies Authors: Amaia García Barberena and Leyre Díaz Pinillos Supervisor: Jean-Charles Languilaire. Level: Bachelor Thesis in Business Administration, Marketing Key words: digital books, electronic books, digitalization, Spain, consumers´ behavior, innovation, adaptation, publishers… Purpose: The purpose is to explore what the current situation of the electronic books’ market in Spain is, concerning the changes in consumer behavior and companies’ adaptation. Method: Our research method is an explorative and descriptive one. Thus, we collected data from secondary resources such as books, studies, articles, journals and so on. We use also primary data in order to answer our purpose. We do two different questionnaires; one focused on consumers and the other one focused on publishers of different companies. Theoretical framework: First, we define the consumer behaviour in a general context and then related to innovations and digital environment. Then, we explain the companies’ behaviour and adaptation to changes, and we finish with and interaction between both parties. Conclusion: We highlight and summarize the findings of our study, giving a clear image of the current situation of the digital books’ market in Spain. We also give our point of view towards this topic, and suggestions for further researches.
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Salvatori, Fabio. "Study of an Italian brand on the Polish market - the case of Ferrero." Master's thesis, Alma Mater Studiorum - Università di Bologna, 2010. http://amslaurea.unibo.it/1460/.
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Dimmock, Stephen G. "The book-to-market ratio and Schwert-Seguin type tests of volatility." Thesis, National Library of Canada = Bibliothèque nationale du Canada, 2000. http://www.collectionscanada.ca/obj/s4/f2/dsk1/tape3/PQDD_0019/MQ54300.pdf.
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Klimes, Micong. "Liquidity in the German stock market an analysis using order book data." Marburg Tectum-Verl, 2004. http://deposit.d-nb.de/cgi-bin/dokserv?id=2987370&prov=M&dok_var=1&dok_ext=htm.
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Klimes, Micong. "Liquidity in the German stock market : an analysis using order book data /." Marburg : Tectum, 2007. http://deposit.d-nb.de/cgi-bin/dokserv?id=2987370&prov=M&dok_var=1&dok_ext=htm.
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Kadiyala, Padmaja. "A re-examination of the book to market effect in stock returns." Connect to resource, 1995. http://rave.ohiolink.edu/etdc/view.cgi?acc%5Fnum=osu1265983355.
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Bohlin, Sofia, and Eini Inha. "Book review: Tools and concepts for strategic decision making on Market Intelligence." Thesis, Högskolan i Halmstad, Centre for International Marketing and Entrepreneurship Research (CIMER), 2017. http://urn.kb.se/resolve?urn=urn:nbn:se:hh:diva-33515.
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HE, ZHENG. "HFTS AND NON-HFTS ALONG THE LIMIT ORDER BOOK." OpenSIUC, 2020. https://opensiuc.lib.siu.edu/dissertations/1857.
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Using NASDAQ high frequency trading (HFT) and minute-by-minute Limit Order Book (LOB) data over 120 sample stocks in 10 weeks between 2008-2010, including the week of the Lehman Brothers crisis, we study how trading activities of HFTs, NHFTs (Non-HFTs) and their order placements interact, and affect overall market quality. We capture order placements via the depth (step) and the height (price) dimensions along the LOB. We first document that HFTs are active not only at the top of the LOB, but their orders are placed along the LOB with an average around the 5th step, slightly ahead of NHFTs who on average are close to the 6th step. Generally, both HFTs and NHFTs are more aggressive in order placement with large stocks and hidden orders and HFT orders are further ahead during the crisis week, though price-wise they all back off somewhat with more conservative placements by NHFTs. In market turmoil, whenever HFTs see NHFTs trade among themselves, they become less aggressive in order placement. However, when HFTs trade, other HFT orders become more aggressive by moving ahead. On the contrary, NHFTs generally become more aggressive when other NHFTs supply liquidity in trading, and more conservative when HFTs are the supplier. We find mixed results on the impact of HFTs order placements and trading activities on market quality by different measures, but aggressive orders by HFTs and NHFTs both are related with decreases in short-term market volatility. Our findings highlight the importance of not only studying HFTs and NHFTs activities along the LOB, but also in both depth and height dimensions, instead of only at the market inside quotes.
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Shields, Stuart Andrew. "Globalisation and Poland : transnational social forces and the Polish transition to a market economy." Thesis, Aberystwyth University, 2001. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.275635.
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Lovric, Toni, and Daniel Rados. "I Piotroskis Fotspår : Förslag på förbättringar av Piotroskis hög book-to-market investeringsstrategier." Thesis, Uppsala University, Department of Business Studies, 2010. http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-112317.
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Omura, Teruyo. "The relationship between market value and book value for five selected Japanese firms." Queensland University of Technology, 2005. http://eprints.qut.edu.au/16150/.
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Studies of the value relevance of accounting number in capital market research are consistent with the simple view that, in equilibrium, book values are equal to or have some long-term relationship with market values, and that market returns are related to book returns. This dissertation examines the value relevance of annually-reported book values of net assets, earnings and dividends to the year-end market values of five Japanese firms between 1950 and 2004 (a period of 54 years). Econometric techniques are used to develop dynamic models of the relationship between markets, book values and a number of macro-economic variables. In constructing the models, the focus is to provide an accurate statistical description of the underlying relationships between market and book value. It is expected that such research will add to the body of knowledge on factors that are influential to Japanese stock prices. The significant findings of the study are as follows: 1) well-specified models of the data generating process for market value based on the information set used to derive the models are log-linear in form. Additive, linear models in untransformed variables are not well-specified and forecast badly out of sample; 2) the book value of net assets has relevance for market value in the five Japanese firms examined, in the long run.
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Berger, Michael. "IRREGULAR MIGRANTS IN THE SWEDISH SHADOW LABOUR MARKET -A study on Polish migrants working in the informal labour market in Stockholm." Thesis, Malmö högskola, Institutionen för globala politiska studier (GPS), 2005. http://urn.kb.se/resolve?urn=urn:nbn:se:mau:diva-21607.
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Denna studie undersöker hur illegala polska migranter lever och arbetar i Stockholm. Syftet med uppsatsen är att undersöka varför polacker väljer illegal invandring till Stockholm som strategy. Dessutom hur strukturer i den svenska arbetsmarknaden och kontrol myndigheter påverkar dem. Studien visar att de flesta polacker hade kontakter med polska nätverk som redan var etablerade i Sverige före tanken på migration som en möjlig strategy tog form. Starka länkar kunde utskiljas mellan dessa nätverk i Stockholm och två regioner i norra Polen. Länkar kunde också utskiljas till tre regioner i södra Polen. Resultaten visar att strukturer inom den svenska arbetsmarknaden har gjort hemstädning till en niche för polacker som arbetar svart i Stockholm. Studien visar att många arbetade svart inom bygg och trädgårdsbranchen, dock inte i samma uttsträckning. Att resa genom Tyskland för att ta sig till Sverige var ett vanligt sätt att kringgå starka gränskontroller före det polska EU medlemskapet. Det svenska personnumret fungerar väl som kontrolfunktion och gör det svårt för illegala polacker att hyra lägenheter. För att kringgå detta hyr de ofta enstaka rum istället. En majoritet av polacker i studien tror inte att ett polsk EU medlemskap kommer att påverka deras arbete och leverne i Stockholm och kommer därmed fortsätta att arbeta svart.<br>This thesis is a study on Polish irregular migrants living and working in the Stockholm metropolitan region. The aim of the paper is to find out why Poles choose irregular migration to Stockholm as a strategy, and how the Swedish labour market structure and control authorities influence them. This study shows that most Poles had contacts with Polish networks already established in Sweden before contemplating irregular migration as a strategy. Strong links could be found between these networks in Stockholm and two regions in northern Poland. Clear links were also found to three regions in southern Poland. Swedish labour market structure has helped to make domestic cleaning a niche for undocumented Poles in Stockholm although many were also working in the gardening and building/renovation sectors. Results from this paper show that strong Swedish control functions make a number of survival strategies necessary to enter and live undocumented in Sweden. Transiting through Germany was a common way for undocumented Poles to bypass strong Swedish migration controls before Poland joined the EU. Internal control functions such as the Swedish personal ID number make renting apartments difficult for undocumented Poles, which make renting rooms a better option. A majority of undocumented Poles do not believe that Poland%u2019s membership will affect their work and lives in Stockholm and they will therefore continue to work undocumented.
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Strapatá, Barbora. "Marketingová stratégia nového online produktu Promise-Book." Master's thesis, Vysoká škola ekonomická v Praze, 2011. http://www.nusl.cz/ntk/nusl-85386.
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The master thesis addresses the topic of human ability to keep a promise, resolution and deals with this issue in the context of social networks and internet in the form of online platform called Promise-Book. In particular, the thesis contains data and research materials which could be used as references for the product's marketing strategy. The materials include: market analysis based on a questionnaire research as well as a research based on secondary data acquired from public statistics and studies provided by different internet websites, which are summarized in a SWOT analysis. The thesis also shows different options on internet advertisement and marketing strategies and determines the most suitable one for Promise-Book platform. The marketing strategy is performed in a standard way: Segmentation-Targeting-Positioning, Marketing Mix, Budget and Action Plan, Monitoring and evaluation.
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Pardey, Jens Christian. "Retreat Strategies of International Retail Chains Cases of Divestment from the Polish Grocery Retail Market /." St. Gallen, 2008. http://www.biblio.unisg.ch/org/biblio/edoc.nsf/wwwDisplayIdentifier/02607810002/$FILE/02607810002.pdf.
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Raddatz, Liv. "BETWEEN CONTINUITY AND CHANGE: EXPLORING POLISH MIGRANTS' EXPERIENCES IN THE LABOR MARKET OF BERLIN, GERMANY." Diss., Temple University Libraries, 2015. http://cdm16002.contentdm.oclc.org/cdm/ref/collection/p245801coll10/id/324151.
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Geography<br>Ph.D.<br>The European migration context has changed drastically in recent years because of the eastward enlargements of the European Union (EU) in 2004 and 2007. Almost all citizens of the 28 EU member states now have the right to live and work in any of the other EU countries. The demise of borders and removal of formal labor market access restrictions within the EU has spurred substantial east to west migration. This dissertation explored how recent and more established Polish migrants experience and navigate the labor market in Berlin, Germany, given these recent regulatory changes. The study focused in particular on the role of Polish migrants' social ties as well as regulatory and institutional factors. The research involved six months of fieldwork in Berlin that resulted in 44 in-depth interviews with Polish migrants and key informants. The interviews not only gave insights into how Polish migrants integrate into Berlin's labor market but also shed light on the reasons for their migration and various other aspects of their lives. The most striking finding of the study is that Poles have not formed a cohesive community in the city and commonly experience co-ethnic social ties as a "social tax", rather than sources of social capital. The study suggests that a number of national policies as well as Berlin's geographic proximity help explain the absence of a unified and supportive Polish community in the city. Another key finding of the study is that Polish migrants are commonly channeled into irregular, precarious and even exploitive work arrangements in Berlin, especially in the domestic service, hospitality and construction sector. They continue to face a range of informal barriers that push many of them into the margins of Berlin's labor market, despite the abolishment of formal labor market access restrictions.<br>Temple University--Theses
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Oler, Mitchell Jon. "The continuing existence of firms with a market-to-book ratio less than 1 /." Thesis, Connect to this title online; UW restricted, 2006. http://hdl.handle.net/1773/8715.
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Leiprecht, Ingrid. "Sectoral adjustment in the Polish labour market 1992-1995 a microeconometric analysis with special reference to agricultural employment /." München : Ifo Institut für Wirtschaftsforschung, 2000. http://catalog.hathitrust.org/api/volumes/oclc/46781926.html.
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Simonsen, Ola. "Stock data, trade durations, and limit order book information." Doctoral thesis, Umeå : Department of Economics, Umeå University, 2006. http://urn.kb.se/resolve?urn=urn:nbn:se:umu:diva-839.
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Reuster-Jahn, Uta. "New Responses to Old Problems: How the German Translator Publisher is Making Swahili Literature Available in a Notoriously Difficult Market." 2018. https://ul.qucosa.de/id/qucosa%3A35330.
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This article shows how changing ideologies and evolving market forces have combined to lessen German publishers’ enthusiasm for Swahili literature – and how, surprisingly, translators of Swahili are now taking the initiative to ensure that Swahili literature still gets published. After outlining preceding periods of translation and showing how they are determined by ideologies and market forces, I take a close and partially personal look at the development and role of the translator-publishers: how digital technology and new formats have enabled them to take over classical publishers’ tasks. Still, even if translators manage to publish their translated works, they are confronted with the challenge of reaching an audience and creating a space for Swahili literature in German-speaking countries. These translators could possibly join forces to reach a critical mass for translations, thus paving the way for Swahili translated literature to be recognized and appreciated by German-speaking readers.
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Lu-Ying, Lee, and 李律瑩. "Reexamination of book-to-market effect." Thesis, 2007. http://ndltd.ncl.edu.tw/handle/67557047994329988479.
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碩士<br>東海大學<br>財務金融學系<br>95<br>Book-to-market effect has been showed in abundant literatures with inconsistent reasons. All the papers take this ratio as a variable to discuss but actually this ratio could be divided into book value and market value. Which is the key factor to dominate book-to-market ratio and cause this abnormal effect? We find system risk is not a sufficient factor to interpret book-to-market effect.After controlling book value and market value as well as adjusting the return of them,we couldn’t let book-to-market effect disappear. Under controlling one variable,investors will overreact the intangible asset (reach and development) as well as tangible asset (property, plant and equipment) to arise mispricing and cause book-to-market effect. In addition, because investors will correct the overreaction to market value instead of book value, the former may be more important than later.
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Wang, Yu-Ren, and 王裕仁. "The Book-to-Market Effect in the Taiwan Stock Market." Thesis, 2005. http://ndltd.ncl.edu.tw/handle/76591839578134278559.
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碩士<br>國立東華大學<br>國際經濟研究所<br>93<br>According to traditional wisdom, firms with higher of book-to-market ratios have higher future returns, the phenomenon that is called “the B/M effect” and well documented in many developed markets but not in the Taiwan stock market（Chen and Zhang, 1998）. In this paper, we examine whether the “winner-loser effect”, “R&D effect”, “turnover effect”, “size effect”, and “price effect” cause the absence of the B/M effect in Taiwan stock market. In sum, we have observed that the Taiwan stock market is subject to an inverse B/M effect, especially after controlling for the price effect. Additionally, the traditional B/M effect is found for small firms, while the inverse B/M effect is for large firms. Finally, firms with low B/M, often considered as the “glamour” stocks, perform well in the past and future, inconsistent with Lakonishok, Shleifer, and Vishny（1994）.
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CHIU, CHI-MIN, and 邱琪閔. "A Study on the factor of Book-to-Market effect-An view of book value and market value." Thesis, 2008. http://ndltd.ncl.edu.tw/handle/19101518441109209438.
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碩士<br>東海大學<br>財務金融學系<br>96<br>After Rosenberg, Reid and Lanstein(1985) introduced the Book-to-Market effect, the explanations of cause of Book-to-Market effect are quite diverse. However, its existence can be proved in many capital markets and be considered as a variable in many articles. Still, the reason why Book-to-Market effect exists is unclear. Therefore, Book-to-Market will be divided into two parts which are book value and market value to explain and examine in this paper.
After controlling two factors individually, evidence shows that causes of Book-to-Market are most resulting from market factors; in other words, book value has smaller influence on Book-to-Market effect. Furthermore, it points out that asset category is related to the cause of Book-to-Market effect after market value be controlled and classified by tangible and intangible assets. In this knowledge-based economy era, investors have different evaluation about intangible assets, for examples, some investors think that intangible assets can bring more value for company in the future; however, intangible assets will be underestimated if general accounting rules are keeping conservative. Hence, it can be concluded that Book-to-Market effect is not remarkable when tangible assets have higher proportion; on the contrary, lower tangible assets proportion results in outstanding Book-to-Market effect.
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Lai, Yan-Syun, and 賴彥勳. "A Reinvestigation on Book-to-Market Phenomenon." Thesis, 2005. http://ndltd.ncl.edu.tw/handle/03952571841812952955.
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碩士<br>輔仁大學<br>會計學系碩士班<br>93<br>Book-to-market（B/M）phenomenon means that B/M ratio is positively related with future returns. After we rank firms by B/M and assgn them to deciles, the high B/M portfolio usually outperform the low B/M portfolio. The Hedge portfolio based on taking a long position on the highest B/M portfolio and taking a short position on the lowest B/M portfolio usually earns abnormal returns. In the prior researches, Taiwan researchers have ducumented that B/M is a steady and leading indicator of future stock retures. Recently, Taiwan and foreign researches have found that some financial indicators, such as operating cash flow scaled by stock price（Desai et al. 2004）, can significantly explain future stock returns better than B/M. Therefore, this study reinvestigates B/M phenomenon in Taiwan, and observe whether B/M is significantly associated with future stock returns after including this financial indicators（S/P、E/P、C/P、CFO/P、A/P、SG、R、VOL、P）. Besides, Taiwan stock market are dramatically fluctuated during 1984~2003, so we check Book-to-market （B/M）phenomenon in the four different period of 1984~2003. The main empirical results are as follows:
Under the hedge portfolio test, there is no obvious B/M phenomenon in early Taiwan stock market. We can’t earn abnormal returns by taking a long position on the Highest B/M portfolio and taking a short position on the lowest B/M portfolio, and we can’t earn abnormal returns by other financial indicators hedge portfolios, too. But, there is obvious B/M phenomenon in recent Taiwan stock market, and one can earn a great amount of abnormal returns by the B/M hedge portfolio.
The regression tests show that B/M and other indicators cannot significantly explain future stock returns in early Taiwan stock market. But in recent Taiwan stock market, B/M can explain future returns（even including other financial indicators in the returns regressions）better than other indicators. Therefore, B/M can be regarded as good basis in selecting stocks.
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Shih, Chun-yu, and 施純玉. "An Investigation on Book-to-Market Ratio." Thesis, 1997. http://ndltd.ncl.edu.tw/handle/21492351345017275649.
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碩士<br>國立臺灣大學<br>財務金融學系<br>85<br>Many researchers have documented that stocks'' excess
returns, afteradjusting for the market risk by the CAPM, are
positively related to thebook-to-market ratios. Some
researchers [Fama and French 1992,1995] arguedthat those firms
with high book-to-market ratios were expected to have
lowerreturns on capital than those firms with low book-to-market
ratios. Buyingstocks that have high book-to-market ratios, due
to these distressed firmsbeing more sensitive to economic
conditions, tend to have higher risk. Thehigher excess returns
are simply a compensation for this risk which is notaccounted
for by the traditional CAPM. However, some researchers have
raisedalternative explanations for this CAPM anomaly. For
example, Dreman and Berry(1995) proposed a mispricing-correction
hypothesis, stated that the differingreturns for different book-
to-market stocks may result from a correctivereeaction to
significant mispricing. The empirical research is conducted
first to determine whether excessreturns are found for high
book-to-market stocks, by using the market mode toto adjust for
systematic risk. Second, we are to examine whether the
excessreturn are related to the earnings prospects of the firms,
or from the marketmispricing. The major findings of this
research presented are:1. A significant positive excess returns
are found for high book-to-market stocks, by using marketmodel
to adjust for systematic risk. 2. Firms with high book-
to-market ratios do not possess poorer earnings prospects than
those of firms with low book-to-market ratios. 3. Differing
returns for different book-to-market stocks are not result
from differing risk of those firms.
4. The results presented in this research is found to be
consistent with mispricing correction, and investors tend to
overreact in Taiwanese stock market.
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Yau, Ming-Ching, and 姚明慶. "Book-to-Market Ratio and Expected Return." Thesis, 1996. http://ndltd.ncl.edu.tw/handle/57112369058817701615.
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