umu.sePublications
Change search
Refine search result
1 - 25 of 25
CiteExportLink to result list
Permanent link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Rows per page
  • 5
  • 10
  • 20
  • 50
  • 100
  • 250
Sort
  • Standard (Relevance)
  • Author A-Ö
  • Author Ö-A
  • Title A-Ö
  • Title Ö-A
  • Publication type A-Ö
  • Publication type Ö-A
  • Issued (Oldest first)
  • Issued (Newest first)
  • Created (Oldest first)
  • Created (Newest first)
  • Last updated (Oldest first)
  • Last updated (Newest first)
  • Disputation date (earliest first)
  • Disputation date (latest first)
  • Standard (Relevance)
  • Author A-Ö
  • Author Ö-A
  • Title A-Ö
  • Title Ö-A
  • Publication type A-Ö
  • Publication type Ö-A
  • Issued (Oldest first)
  • Issued (Newest first)
  • Created (Oldest first)
  • Created (Newest first)
  • Last updated (Oldest first)
  • Last updated (Newest first)
  • Disputation date (earliest first)
  • Disputation date (latest first)
Select
The maximal number of hits you can export is 250. When you want to export more records please use the Create feeds function.
  • 1.
    Andersson, Håkan
    et al.
    Umeå University, Faculty of Social Sciences, Umeå School of Business.
    Isaksson, Anders
    Umeå University, Faculty of Social Sciences, Umeå School of Business.
    Larsson, Claes-Göran
    Umeå University, Faculty of Social Sciences, Umeå School of Business.
    Lindbergh, Lars
    Umeå University, Faculty of Social Sciences, Umeå School of Business.
    Nilsson, Henrik
    Umeå University, Faculty of Social Sciences, Umeå School of Business.
    Peterson, Christer
    Företagets finanser2008Book (Other academic)
  • 2.
    Boström, Gert-Olof
    et al.
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Lindbergh, Lars
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Wilson, Timothy
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Sweden: Bank of Year Recognition & Performance2015In: Services Marketing Quarterly, ISSN 1533-2969, E-ISSN 1533-2977, Vol. 36, no 1, p. 1-21Article in journal (Refereed)
    Abstract [en]

    Swedish banking has been recognized for financial prudence, innovations and service provision.  Bank of the Year winners are characterized in terms of their prize-winning performance.  It details and then generalizes items that led to awards and quantifies the financial rewards that come from providing superior performance.  In most cases, growth slowed, but winners still tended to attain above average performance.  It would appear that 1.) service really is the foundation for recognition; 2.) more recently, sound management, innovation and financial performance have come into play, and 3.) it is easier to be recognized if the organization is small.

  • 3.
    Graff, Jens
    et al.
    Woosong Educational Foundation .
    Lindbergh, Lars
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Wilson, Timothy
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Reflections on Porter: South Korea, Sweden and the United States2012Conference paper (Other academic)
  • 4.
    Lindbergh, Lars
    Umeå University, Faculty of Social Sciences, Business Administration.
    The Association between Investment and Finance Decisions: A Canonical Correlation Analysis on Swedish dataArticle in journal (Refereed)
  • 5.
    Lindbergh, Lars
    et al.
    Umeå University, Faculty of Social Sciences, Business Administration.
    Andersson, Håkan
    Umeå University, Faculty of Social Sciences, Umeå School of Business.
    An Assessment of the Impact of Financial and Contextual Variables on Managers Decisions to Utilize Tax Allowances in Small Swedish FirmsArticle in journal (Refereed)
  • 6.
    Lindbergh, Lars
    et al.
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Jacobsson, Mattias
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Olofsson, Thomas
    Umeå University, Faculty of Science and Technology, Department of Applied Physics and Electronics.
    Wilson, Timothy
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Public Housing in Sweden: The Umeå Two-Step2017Conference paper (Other academic)
    Abstract [en]

    Comparative housing analyses often find that Swedish public housing represents an interesting story because it provides a good class of rental housing to all sections of the population. This approach has been called the “Swedish public housing model”. An in-depth case study has been used to develop a system-wide understanding of a participant’s involvement in its housing market. In this case study, the public utility/energy and water-sewage/solid waste companies played a significant role in the company’s ability to serve the local community. It thus behooves us to compare and connect the different components in the public housing company business model to complete the analysis of success in the value chain. Two-levels describe the situation. At the first level, the municipal public housing (MPH) organization is seen as functioning as a tenant-oriented, quasi-municipal utility within a value network composed of the municipality + the energy utility + the water-sewage/solid waste company. At the second level, a Shaffer analysis shows general harmony among the operations of each organization.  In particular, the MPH provides value-for-money rentals within the municipality and helps tenants turn their flats into homes. Additionally, continued appreciation of its base assets and apparent economies of scale were instrumental in the success of the operations at the tactical level. Insofar as the Swedish public housing model is undergoing a shift to be more “business-like”, this study indicates how the model successfully works at the individual company level. Because there are certain commonalities with other organizations in public management, observations may be relevant in their successful operations.

  • 7.
    Lindbergh, Lars
    et al.
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Jacobsson, Mattias
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Wilson, Timothy
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    A fourth look at public housing in Sweden: The business model2016In: Proceedings of the Pennsylvania Economic Association Conference / [ed] Jui-Chi Huang, Pennsylvania Economic Association , 2016, p. 136-147Conference paper (Other academic)
    Abstract [en]

    Comparative housing analyses often find that the Swedish public housing model represents a success story. That is, a good class of housing is offered at a reasonable cost to all sections of the population – irre­spective of income, ethnicity, age or type of household. This approach has been called the “Swedish public housing model” and the purpose of this paper is to describe and reflect upon its operation. The company utilized in this study as a research case, AB Bostaden, builds and manages housing in the Umeå municipality. With 15,400 apartments, it is the biggest actor in the Umeå housing rental market, with a market share of approximately 45 percent, and controls 27 percent of the Umeå housing market overall.  The background section of the paper provides consideration of both the Swedish system of rental housing as well as aspects of business models. A typological-taxonomic approach to understanding business models is used to deconstruct Bostaden’s approach to its housing market. The business model that results through this approach indicates that the organization functions as a tenant-oriented, municipal utility with core values of human equality, transparency, care and a businesslike approach that captures a high return on rental revenue (~ 19.3% PBT) and a modest return on assets (7.9% ROA, including depreciation) within a value network of the kommun + the energy utility + the university by providing value-for-money rentals within the municipality and by helping tenants to turn their flats into homes and neighborhoods. Continued appreciation of its base assets and apparent economies of scale were instrumental in the success of the operations at the tactical level. 

  • 8.
    Lindbergh, Lars
    et al.
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Jacobsson, Mattias
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Wilson, Timothy L.
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Swedish sustainability through a Zhang and London lens2016In: Competitiveness Review: an international business journal, ISSN 1059-5422, E-ISSN 2051-3143, Vol. 26, no 4, p. 370-394Article in journal (Refereed)
    Abstract [en]

    Purpose: To describe how sustainable development has been initiated in a country (Sweden) in which sustainable development has priority and has produced observable results – essentially the definition and reshaping of contents (p. 107) referred to in the ZL paper therefore adding some validity to the model.

    Method: The research is both exploratory and qualitative in nature and utilizes an in-depth case study approach to the Swedish international economy as might be reflected by Zhang and London’s modified Porter model.  Information drawn from current secondary sources is complemented by personal contemporaneous observations of individuals in the country of interest.   

    Findings: The task of implementing Sweden’s strategy for sustainable development is holistic and the State has played a major role in its development.  That is, sustainability is the responsibility of the Government Offices as a whole, which produces proactive programs in each of the interactions analyzed in the Zhang and London modified model.  As an aside, the country has sustained a high level of competitiveness while producing a pleasant environment in which to live.

    Practical implications: Insofar as Sweden might be a model for other countries interested in extending their efforts in sustainable development, observations here provide some insights into possible approaches and results.

    Originality/value: The approach basically followed Siggelkow’s (2007) definition of the use of cases as illustrations, which is useful when the underlying development depends upon constructs.  It follows that the association of real-world observations with theory well serves the underlying foundation and cannot help but build credibility of those concepts and theory.

  • 9.
    Lindbergh, Lars
    et al.
    Umeå University, Faculty of Social Sciences, Umeå School of Business.
    Larsson, Claes-Göran
    Umeå University, Faculty of Social Sciences, Umeå School of Business.
    Wilson, Tim
    Umeå University, Faculty of Social Sciences, Umeå School of Business.
    Financial Management in Public Housing Companies as Related to the Negotiating Process in Sweden2006In: Housing Studies, ISSN 0267-3037, Vol. 21, no 1, p. 17-34Article in journal (Refereed)
    Abstract [en]

    Social programmes tend to have some element of housing in their structure, and recent downward global trends have made studies popular that compare programmes or analyse changes. Within this context, the Swedish system has received attention because of its apparent long-term viability. Rents in this system are set through a negotiation process with tenant organisations, and this paper describes the process because it affects the financial condition of the housing. An ordinary least squares analysis of financial information has been made with regard to revenue generation capabilities, and the first difference results are discussed in terms of the negotiation process in the system. Those numbers suggest the system is improving revenue generation, but not operating profit.

  • 10.
    Lindbergh, Lars
    et al.
    Umeå University, Faculty of Social Sciences, Business Administration.
    Larsson, Claes-Göran
    Umeå University, Faculty of Social Sciences, Umeå School of Business.
    Wilson, Timothy L.
    Umeå University, Faculty of Social Sciences, Umeå School of Business.
    Cost Control and Revenue Generation: The Case of Public Housing Companies Experiences in Sweden2004In: Regional studies, ISSN 0034-3404, E-ISSN 1360-0591, Vol. 38, no 7, p. 803-815Article in journal (Refereed)
    Abstract [en]

    Increased competition for funds associated with the provision of public-sector housing, stock privatization, and attempts to introduce more tenant-centred and effective housing management services are trends seen in social housing throughout the European Union. Consequently, studies have been done that compare programmes worldwide and in Europe, or analyse changes in single countries. The Swedish system has received attention because of its long-term viability. An ordinary least-squares analysis of financial information from providers in this system has been made with special regard to revenue generation capabilities, the ability to remain profitable, and the retention of asset values for both level and first difference approaches. If one general lesson can be drawn from the empirical results, it would be that expenditures on consolidated maintenance are associated not only with short- term rental revenues, but also undoubtedly with long-term viability. Further, first difference results suggested that negotiated rents produced operating profits that kept pace with revenues over that period of the study. The results should be especially relevant to the interests of a wide range of local governments where public housing is of concern. In particular, those individuals bearing greater responsibility for running self-sufficient systems and also policy-makers interested in running efficient, effective systems should be interested in these observations.

  • 11.
    Lindbergh, Lars
    et al.
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Olofsson, Thomas
    Umeå University, Faculty of Science and Technology, Department of Applied Physics and Electronics.
    Vesterberg, Jimmy
    Umeå University, Faculty of Science and Technology, Department of Applied Physics and Electronics.
    Andersson, Staffan
    Umeå University, Faculty of Science and Technology, Department of Applied Physics and Electronics.
    Wilson, Timothy
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Reflections on sustainable Ålidhem: a case study in Swedish municipal public housing refurbishment2018In: Property Management, ISSN 0263-7472, E-ISSN 1758-731X, Vol. 36, no 2, p. 203-220Article in journal (Refereed)
    Abstract [en]

    Purpose: This work is initiated under the premise that reliable evaluation methods are necessary to ensure investments in energy conservation, and the purpose of this paper is to contribute to that literature. It describes some pilot changes and their impact in an actual field study oriented toward upgrading municipal public housing (MPH) units.

    Design/methodology/approach: The research for this paper was connected to an MPH refurbishment project situated in northern Sweden. The overall energy efficiency goal within the project was a 40-50 percent reduction in the supplied energy for central electricity, domestic hot water and space heating. In order to evaluate if these goals were feasible, a measurement system was installed in a pilot building and in a neighboring building used as a reference. The evaluation was conducted by comparing the post-retrofit performance of the pilot building with the performance of the reference building when it was kept in its initial state (a comparison possible because both buildings had initial similarities).

    Findings: Impacts could be quantified insofar as a reference (control) building in the same environment was sustained for comparison purposes. A 43 percent improvement was observed in energy utilization in the pilot building compared to its reference companion (99.8 vs 174.5 kWh/m2 per year). When the approach described herein was applied to new construction, the present goal of 65 kWh/m2 was approached as measured by Swedish standards.

    Practical implications: Results should be of interest to academics in the housing field, professionals involved in refurbishment and residents themselves, renting MPH flats.

    Originality/value: This study is unique in the following ways: first, it really was a field experiment with a control, thus it did not have any exogenous interference in interpreting results. To the best of our knowledge, this is the first study of its kind. The second interesting characteristic was that results were subsequently used in the refurbishment of other buildings in the complex and in the construction of others. The major value of the paper may be associated with its timing. It comes at a time when the Kyoto agreement has raised concerns about sustainability, but also at a time when many buildings are facing a need for refurbishment.

  • 12.
    Lindbergh, Lars
    et al.
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Olofsson, Thomas
    Umeå University, Faculty of Science and Technology, Department of Applied Physics and Electronics.
    Vesterberg, Jimmy
    Umeå University, Faculty of Science and Technology, Department of Applied Physics and Electronics.
    Wilson, Timothy L.
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Project Ålidhem: a case study of a sustainable Swedish municipal public housing installation2017In: Energy Procedia, ISSN 1876-6102, E-ISSN 1876-6102, Vol. 121, p. 11-17Article in journal (Refereed)
    Abstract [en]

    A refurbishment project conducted within a municipal public housing complex is described and discussed through Project Ålidhem in northern Sweden. The overall energy efficiency goal within the project was a 40-50% reduction in the supplied energy for domestic hot water, building electricity and space heating. In the pilot study, a 43% improvement was observed. This paper focuses on the performance of four buildings constructed under a Delegation for Sustainable Cities program that specified an energy efficiency goal of 65 kWh/m2. This goal was approached, but not attained. Observations of utilization in four free-standing buildings were 68.3, 76.8, 87.2 and 87.6 kWh/m2 per year respectively, which are described and discussed herein.

  • 13.
    Lindbergh, Lars
    et al.
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Olofsson, Thomas
    Umeå University, Faculty of Science and Technology, Department of Applied Physics and Electronics.
    Wilson, Timothy
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    A Case Study in Swedish Municipal Public Housing Refurbishment2016Conference paper (Refereed)
    Abstract [en]

    Swedish public housing has commanded special international interest and tends to be an aspiration for other countries.  That is, at a time when countries struggle to provide adequate public housing, it has been noted, “(Public) housing quality in Sweden is very high by international standards”.  Perhaps more importantly, it tends to be self-sustaining.  Provision of this housing is controlled by Municipal Public Housing Companies which are the dominating landlords in Swedish rental housing.  Some portion of the presentation is given to describing and discussing their operations, which relates to investment, rental negotiations and new public management.  More focus, however, is taken to indicate where this sector happens to be presently in management of operations, which happens to be in a refurbishment mode.  That is, there comes a time in a building’s life when its proprietor-investors must make the decision of whether money will be reinvested in extending the structure’s life or not.  Much of this housing was developed during the 60 and 70s.  Buildings with expected useful lives of fifty years built in the 60-70s have now reached the question of refurbishment – yes or no?  In this paper the pilot portion of a refurbishment project conducted within a municipal public housing complex is described and discussed through a case study, Project Alidhem in northern Sweden, which has a significant sustainability objective.  The overall energy efficiency goal within the project was a 40-50% reduction in the supplied energy for domestic hot water, building electricity and space heating. In order to evaluate if these goals were feasible, a measurement system was installed in a pilot building and in a neighboring building used as a reference.  A 43% improvement was observed in energy utilization in the pilot building compared to its reference companion (99.8 vs 174.5 kWh/m2 per year).  When the approach described herein was applied to new construction, the present goal of 65 kWh/m2 was approached as measured by Swedish standards.  Refurbishment did not stop with energy and ecological considerations in the pilot installation, but also included refurbishing and refinishing of rental interiors, entrances and stairwells, as well as a glazed-in winter garden for residents, conversion of a thoroughfare to a low traffic city street, and old waste-rooms converted to functional recycling facilities. 

  • 14.
    Lindbergh, Lars
    et al.
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Wilson, Timothy
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Developments in Swedish Rental housing: unanticipated consequences of Public Municipal Housing Companies Act 20112018In: Competition Forum, ISSN 1320-0682, E-ISSN 2165-2228, Vol. 16, no 1, p. 19-31Article in journal (Refereed)
    Abstract [en]

    This paper reflects some specific accommodations that have occurred in the Swedish rental sector as a consequence of Municipal Housing Companies (MHCs) complying with the Public Municipal Housing Companies Act of 2011, which required them to perform in a more business-like manner.  It was not explicitly noted, but undoubtedly assumed, that the municipal sector of housing would function much as before.  Unexpected consequences, however, have changed the competitive landscape.  Not only have MHCs been affected, but independent rental companies as well.  Further, tenants have not been particularly pleased with some of the developments.  Three cases triangulate the observations.

  • 15.
    Lindbergh, Lars
    et al.
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Wilson, Timothy
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Strategic Management in Swedish Municipal Housing: Indications of Change in Owner Directives2016In: Property Management, ISSN 0263-7472, E-ISSN 1758-731X, Vol. 34, no 2, p. 136-157Article in journal (Refereed)
    Abstract [en]

    Purpose: Present directives in municipal housing have been imposed by the Public Municipal Housing Companies Act (PMCHA), put into force on January 2011 in Sweden. The Act, states that Public Municipal Housing Companies (PMHCs) should run their operation on “businesslike principles” e.g., commensurate with New Public Management (NPM).  The purpose of this paper is to determine if forthcoming practices are apparent in the owner directives that govern operations of these companies.

    Method: The research is both exploratory and qualitative in nature and utilizes in-depth case studies of 20 selected PMHCs.  Observations for 2013 were compared with similar documents collected 10 years prior (2004) using commercially available NVivo software to qualitatively analyze information.

    Findings: Results suggest that statistically significant changes in directives have occurred and adaptation to the new Act may already have started to take place at this relatively early date.

    Practical implications: Insofar as Sweden might be a model for other countries interested in extending their efforts in managing public housing, observations here provide some insights into possible results.

    Originality/value: This is the first attempt to determine the impact that complying with “businesslike principles” has on operations in Swedish housing, which tends to be a model of effectiveness in the global housing sector.

  • 16.
    Lindbergh, Lars
    et al.
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Wilson, Timothy
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Sustainability in Sweden: reflections from Zhang and London2013In: Competitive forum, USA, 2013, Vol. 11, no 1, p. 134-141Conference paper (Refereed)
    Abstract [en]

    Purpose: To report on how sustainable development can be considered as one of the elements for industrial competitiveness in a country in which sustainable development has some priority.  

    Method: The research is both exploratory and qualitative in nature and utilizes an in-depth case study approach to the Swedish international economy as might be reflected by Zhang and London’s International Sustainable Industrial Competiveness (ISIC) Model.  Information drawn from current secondary information has been complemented by personal contemporaneous observations of individuals in the country of interest.

    Findings: Sweden does very well in nine of the ten categories the EU uses to measure sustainable development progress.  Growth of gross domestic product, low risk of poverty, good employment rate of older workers and excellent health statistics suggests that short term competitive situation has not been hurt.   

    Practical implications: Insofar as Sweden might be a model for other countries interested in extending their efforts in sustainable development, observations here provide some insights into possible results.

    Originality/value: The association of real-world observations with theory well serves underlying concepts and cannot help but build credibility of those concepts and theory.

  • 17.
    Lindbergh, Lars
    et al.
    Umeå University, Faculty of Social Sciences, Business Administration.
    Wilson, Timothy L.
    Umeå University, Faculty of Social Sciences, Umeå School of Business.
    A Comparative Study of Industrial Services in the U.S. and Sweden: Profitability, Productivity and Pricing2001In: Journal of Global Marketing, ISSN 0891-1762, E-ISSN 1528-6975, Vol. 14, no 4, p. 67-87Article in journal (Refereed)
    Abstract [en]

    Industrialized countries now depend on the service sector, especially industrial services, for a significant portion of employment and GDP. Despite this importance, there has been little attention given to comparative studies in this area. Cross-sectional, financial data from Swedish and U.S. industrial service sectors were used to assess the dependence of profitability on four strategic factors--relative market share, revenue/employee, investment intensity, and segment growth rate. Both market share and revenue/employee were statistically significant in U.S. performance. Swedish results suggested that market share was not a significant contributor to a profitable strategy. Investment intensity and revenue/ employee, however, were significant contributions to profitability. These results, coupled with structural observations on production sectors, suggest that significant differences may indeed occur in both productivity and pricing in the two systems.

  • 18.
    Långström, Sofia
    et al.
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Lindbergh, Lars
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Wilson, Timothy
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Corporate Social Responsibility (CSR) disclosure in Annual Reports of Public Municipal Housing Companies in Sweden2017Conference paper (Other academic)
    Abstract [en]

    Purpose: The purpose of this paper is to analyze the degree to which, and with what apparent intent, Corporate Social Responsibility (CSR) is disclosed in Swedish Public Municipal Housing companies’ (PMHC) annual reports.

    Method: Although exploratory, the research uses a statistical approach to quantitatively assess four research questions developed to guide the research from a random sample of 50 firms from an industry population of 263 companies.  The development depends upon a content analysis with qualitative assessment of the annual reports and utilizes NVivo software to analyze information. The framework for the content analysis is based on Clarkson et al. (2008) environmental index and Sutantoputra (2009) social index. In turn, they are based on the Global Reporting Initiative (GRI).

    Findings: This study brings new information about CSR disclosure in the annual reports for PMHCs. Results suggest that PMHCs tend universally to include CSR material in their annual reports.  Based on a random sample of 50 PMHC all had some citations, seven being the minimum.  Further, there was a relationship between environmental and social citations.

    Research limitations/implications: The study is based on annual reports from 2014 and only limited companies were included in the study. Nevertheless, every annual report that was reviewed contained CSR information, which shows that it is important to organizations.  Future studies could be done on another type of housing, for example privately owned rental properties. Another suggestion is to do a follow up study on this population to see if CSR reporting has increased. The framework could also be used to review CSR on another official document, for example the business plan.

    Practical implications:  The study puts a spotlight on CSR in annual reports, both for PMHCs but also for other industries. This could lead to more CSR being integrated into annual reports in the future.

    Originality/value: This is the first attempt to report on the status of Corporate Social Responsibility (CSR) in Swedish Municipal Public Housing, which tends to be of interest in the global housing sector. Participants in public housing, as either managers, residents or academics should value these results. This study is also relevant for those studying or working with CSR since it is an industry specific study that has not been performed before.

  • 19.
    Wilson, Timothy
    et al.
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Lindbergh, Lars
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    A Fifth Look at Swedish Public Housing: Operating under Business-Like Principles: Walking the Walk2017In: Pennsylvania Economic Association Annual Conference Proceedings, 2017, 2017, p. 101-111Conference paper (Other academic)
    Abstract [en]

    The purpose of this paper is to ascertain if financial observations parallel the text findings in owner directives that suggested Municipal Housing Companies (MHCs) in Sweden have complied with the Public Municipal Housing Companies Act of 2011 (PMHCA 2011) requiring them to act in a business-like manner.  Results are reported here for 19 of the original 20 companies used in a sample suggesting MPHs were acting in a business-like manner as required by PMHCA 2011.  Information for the study was obtained from the Retriever Business database, which included complete company financials for the period.  Best straight lines were constructed through individual company data from 2005 to 2010 (pre-regulation) and 2010 to 2014 (post-regulation).  A t-test of slope difference was used to indicate the significance of any change.  Sample results suggest that the industry as a whole has adjusted overall to the business-like mandate insofar as revenue generation illustrates an upturn starting in 2011.  Results for return on assets, operating profit margin and solvency did not show statistically significant results.  Results for two individual firms illustrate how extreme reactions might occur.

  • 20.
    Wilson, Timothy
    et al.
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Lindbergh, Lars
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    A third look at public housing in Sweden: The influence of owner directives2015In: Proceedings of the Pennsylvania Economic Association / [ed] Kosin Isariyawongse, Pennsylvania Economic Association , 2015, p. 127-137Conference paper (Other academic)
    Abstract [en]

    Strategic directives play an important role in directing and communicating the purpose of both private and public Swedish companies. The directives usually state purpose of ownership, the role of the company and required returns.  In particular, present directives in municipal housing are assumed to have been affected by a new act, the Public Municipal Housing Companies Act, passed by the Swedish Parliament in June 2010 and put into force in January 2011. Thus, Public Municipal Housing Companies (PMHCs) have operated at least two full years under the new Act. The Act, states among other things, that PMHCs should run their operation on “businesslike principles”- commensurate with New Public Management (NPM).  In this study we discuss some changes in owner directives over a decade for Public Municipal Housing Companies (PMHC) in Sweden.  Preliminary results suggest that a subtle change in directives has occurred and adaptation to the new Act has taken place at this relatively early date.

  • 21.
    Wilson, Timothy
    et al.
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Lindbergh, Lars
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    An initial look at a basic Swedish finance course2017In: Northeastern Association of Business, Economicsand Technology Conference Proceedings 2017 / [ed] Sigmond, N., Belloit, J. and Myers, C., National Association of Business, Economics and Technology (NABET) , 2017, p. 292-303Conference paper (Refereed)
    Abstract [en]

    The course that is described and discussed is a B level finance course - Räkenskapsanalys och värdering (Financial Analysis and Valuation).  The course is designed to develop students' ability to view business information, and to use different methods and tools of financial analysis and valuation, especially in connection with business valuation.  Business coverage is used in teaching, and emphasis is placed on the interpretation of results. Various problems are highlighted and discussed; measures such as how business valuation can affect various stakeholders and potential implications are related to ethics and sustainability. Analysis is based on a social and organizational perspective, which also affects the choice of the appropriate method of approach. The analysis is motivated by the need for ongoing evaluation of the company in financial terms. During the course, spreadsheet programs such as “analysis” and “decision support” are used.  Enterprise Resource Planning (ERP) is a tool for managing the business and enables faster, more informed decisions.

    This course is offered about half-way through the undergraduate civilekonom management curriculum and it is carried out within the typical Swedish module of five weeks of conduct and is taught in Swedish.  It normally plays to approximately 80 students in the spring (and to 40 other students in the Autumn).  The students work independently and in groups of four. For the group assignment, students choose to work with one colleague and the pairs are then randomly coupled with another pair. The module is designed to develop students’ ability to absorb accounting information and to use different methods of financial analysis and assessment, especially in connection with business valuation.  Text books are currently used are Berk and DeMarzo (2014), Nilsson et al. (2002) and Hansson et al. (2006). The  latter two are currently being reviewed and will probably be exchanged or complemented with Palepu et al. (2016) and Berk et al. (2017) or corresponding in 2018. 

    Course definitions are formally addressed in a Department’s permission to offer document.  An important part of this document is an expectations of learning section.  That section for this course is “after completed, students should be able to:

    • review a company's accounting information and use measuring techniques to assess the company's profitability, solvency, efficiency, return and risk level,
    • conduct a strategic analysis of the company's business environment,
    • apply different methods of business valuation,
    • analyze the pros and cons of a valuation method,
    • relate environmental aspects to the company's risk and return, and
    • demonstrate an understanding of how business can be used as a basis and monitor activities”

    This learning is supported by lectures and tutorials, exercises, cases with seminars and labs associated with business activity monitoring. Students independently collect, process and analyze companies on the basis of annual report data and other available information.

  • 22.
    Wilson, Timothy
    et al.
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Lindbergh, Lars
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    An Initial Look at a Basic Swedish Finance Course2017In: Northeastern Association of Business, Economics and Technology Conference Proceedings / [ed] Sigmond, N., Myers, C., Belloit, J. and Gallagher, M., 2017Conference paper (Other academic)
    Abstract [en]

    The course that is described and discussed herein is a B level (2nd year) finance course at Umeå University in Umeå, Sweden – Financial Analysis and Valuation (Räkenskapsanalys och Värdering).  The course is designed to develop students' ability to comprehend business information and to use different methods and tools of financial analysis and valuation, especially in connection with business valuation.  Existing corporate information is used in teaching, and emphasis is placed on the interpretation of observation. Analyses are motivated by the need for ongoing evaluations of companies in financial terms. Various problems are highlighted and discussed; measures such as how business valuation can affect various stakeholders and potential implications are related to ethics and sustainability.  A group term paper (PM) is required in the course.  The analysis within the term paper, although primarily financial, also has a social and organizational perspective, which affects the choice of the appropriate method of approach.

  • 23.
    Wilson, Timothy
    et al.
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE).
    Lindbergh, Lars
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE).
    Onward and Upward: A Swedish Corporate Finance Course2018In: Northeastern Association of Business, Economicsand Technology Conference Proceedings / [ed] Sigmond, N., Belloit, J. and Myers, C. (eds.), 2018, p. 329-341Conference paper (Other academic)
    Abstract [en]

    Business education in Sweden has been characterized as the meeting of Mercury, the god of merchants, with Minerva, the patron of science.  The understanding of corporate financing typifies that association, i.e., commerce is depicted in accepted, systematic formulations.  The course that is described herein is a master’s level finance course at Umeå University in Sweden – Advanced Corporate Finance.   The primary purpose of this course is to provide an integrated overview of the most important concepts in Corporate Finance in theory, practice and in some instances method.  The course is designed to develop students’ ability to

    • assess the impact of information asymmetry on corporate financial policy decisions,
    • explain the theoretical basis and applicable strategies applied in corporate control,
    • compare and contrast leverage strategies in ideal versus real capital markets and ably explain the impact of alternative taxation systems on the use of debt,
    • argue for optimal levels of corporate debt and be able to value an offering under different financing strategies, and
    • formulate and logically defend a position in regard to current issues, which confront corporations today.

    Highlighted and discussed are measures such as how business valuation can affect various stakeholders, and potential implications are related to ethics and sustainability.  A group exercise and case study analysis, used in the course, are covered in the paper.  The paper should be of interest to educators and administrators because of Michael Porter’s reflection that one of the competitive advantages of Sweden is the universally high educational level of its population. 

  • 24.
    Wilson, Timothy
    et al.
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Lindbergh, Lars
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Strategic Directives in Public Housing: Case of Owner Directives in Swedish Public Municipal Housing Companies2013In: Proceedings of the 22nd Nordic Academy of Management Conference (NFF), Reykjavik, Island, August 21-23, 2013., 2013Conference paper (Other academic)
    Abstract [en]

    Strategic directives play an important role in directing and communicating the purpose of both private and public companies. These directives may be stated in many forms and are affected by laws, regulations, investors, customers and other stakeholders. The directives usually state purpose of ownership, the role of the company and required returns.  In particular, present directives in municipal housing are assumed to have been affected by a new act, the Public Municipal Housing Companies Act, passed by the Swedish Parliament in June 2010 and put into force in January 2011. Thus, Public Municipal Housing Companies (PMHCs) have operated at least two full years under the new Act. The Act, states among other things, that PMHCs should run their operation on “businesslike principles”- commensurate with New Public Management.  In this study we discuss some changes in owner directives over a decade for Public Municipal Housing Companies (PMHC) in Sweden.  Preliminary results suggest that a subtle change in directives has occurred and adaptation to the new Act has taken place at this relatively early date.

  • 25.
    Wilson, Timothy
    et al.
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Lindbergh, Lars
    Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
    Graff, Jens
    Solbridge International School of Business, Woosong University, Daejeon, Republic of Korea.
    The “Competitive Advantage of Nations” 20 years later: the cases of Sweden, South Korea and the USA2014In: Competitiveness Review: an international business journal, ISSN 1059-5422, E-ISSN 2051-3143, Vol. 24, no 4, p. 306-331Article in journal (Refereed)
    Abstract [en]

    Purpose:  The purpose of this paper is to reflect on some policy possibilities and outcomes for three countries of interest suggested in Porter’s Competitive Advantage of Nations.

    Design/methodology/approach:  This research was both exploratory and qualitative in nature and utilized an in-depth case study approach of three major international economies reflecting previous observations in the Competitive Advantage of Nations.  Personal contemporaneous observations of individuals in the countries of interest were complemented by current secondary information. The three countries selected for analysis, South Korea, Sweden and the U.S., reflected different stages of development at the time Competitive Advantage of Nations was published and certainly different progress since then.

    Findings: The Competitive Advantage of Nations advocated new, constructive and actionable roles for government and business.  These observations can now be tested after a reasonable time of development.  In terms of development, Korea would appear to be the star of the group; Sweden has made strong progress in comparison with other members of the European Union.  Although there are areas of strength, the U.S. recently has lost much of the edge it had at the time of the Advantage’s publication.

    Research limitations/implications:  Because this research was built on case studies, one has the reservations common with that approach.  On the other hand, case studies are acknowledged as useful in the identification of important variables in situations in which there is little control over events in a real-world context. 

    Practical implications: Countries must go their own way and find their own paths to success.  In some ways directions are suggested by Schumpeter (1947) and in others Porter (1990/1996).  Chance appears to have played a role in development in each instance, but government, seen as a fifth determinant possibility by Porter, heavily affected outcomes in each instance.

    Originality/value:  Although relying heavily on Porter, results add insight into the development of economies over time.

1 - 25 of 25
CiteExportLink to result list
Permanent link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf