• Ingen resultater fundet

Bøger

- Damodaran, A. (2002). Investment Valuation, Tools and Techniques for Determing the Value of Any Asset. John, Wiley & Sons, Inc., New York.

- Newbold, P., Carlson, W. L., & Thorne, B. (2013). Statistics for business and economics.

Boston, MA: Pearson.

- Plenborg, T., Petersen, C. V. & Kinserdal, F. (2017). Financial statement analysis: valuation-credit analysis-performance evaluation. Fagbokforlaget.

Artikler/Undersøgelser:

- Agrawal, A., & Knoeber, C. R. (1996). Firm performance and mechanisms to control agency problems between managers and shareholders. Journal of financial and quantitative analysis, 31(3), 377-397.

- Akguc, S., Choi, J. J., Kim, S. J., & McKenzie, M. (2015). Do private firms perform better than public firms. (Vol. 58, No. 1, pp. 87-130). Working Paper.

- Allee, K. D., Badertscher, B. A., & Yohn, T. L. (2015). Private versus public corporate ownership: Implications for future profitability. Kelley School of Business Research Paper, 812, 187-213.

- Arosa, B., Iturralde, T., & Maseda, A. (2010). Ownership structure and firm performance in non-listed firms: Evidence from Spain. Journal of Family Business Strategy, 1(2), 88-96.

- Barton, D., Bailey, J., & Zoffer, J. (2016). Rising to the challenge of short-termism. Focusing Capital on the Long Run (FCLT).

- Barton, D., Manyika, J., Koller, T., Palter, R., Godsall, J., & Zoffer, J. (2017). Measuring the economic impact of short-termism. McKinsey Global Institute.

- Bechmann, K. L., & Gregersen, C. (2016). Børsnoteret–hvad er egentlig fordele og ulemper? Finans/invest, (5), 19-21.

- Best, H., & Wolf, C. (Eds.). (2014). The SAGE handbook of regression analysis and causal inference. Sage.

- Capasso, A., Rossi, M., & Simonetti, B. (2005). Ownership structure heterogeneity and performance: a comparison between listed and unlisted companies.

Side 121 af 185 - Chambers, R. L., Kokic, P., Smith, P., & Cruddas, M. (2000, June). Winsorization for identifying and treating outliers in business surveys. In Proceedings of the Second International Conference on Establishment Surveys (pp. 717-726). American Statistical Association Alexandria, Virginia.

- Damodaran, A. (2012). Equity Risk Premiums (ERP): Determinants, Estimation and Implications, the 2012 Edition (March 14, 2012). Available at SSRN 2027211.

- Demsetz, H., & Villalonga, B. (2001). Ownership structure and corporate performance.

Journal of corporate finance, 7(3), 209-233.

- Gao, H., Lemmon, M., Li, K. 2013. Shareholder monitoring and CEO pay-performance sensitivity: New evidence from privately-held firms. Working Paper.

- Graham, J.R., Harvey, C.R., Rajgopal, S., 2005. The economic implications of corporate financial reporting. Journal of Accounting and Economics 40, 3-73.

- Holm, A. B. (2011). Videnskab i virkeligheden. Samfundslitteratur.

- Jelinek, K., & Stuerke, P. S. (2009). The nonlinear relation between agency costs and managerial equity ownership. International Journal of Managerial Finance.

- Jensen, M. C., & Meckling, W. H. (1979). Theory of the firm: Managerial behavior, agency costs, and ownership structure. In Economics social institutions (pp. 163-231). Springer, Dordrecht.

- Ljungqvist, A., Asker, J. & Farre-Mensa, J. (2011). Comparing the investment behavior of public and private firms (No. w17394). National Bureau of Economic Research.

- McConnell, J. J., & Servaes, H. (1990). Additional evidence on equity ownership and corporate value. Journal of Financial economics, 27(2), 595-612.

- Pagano, M., Panetta, F., & Zingales, L. (1998). Why do companies go public? An empirical analysis. The journal of finance, 53(1), 27-64.

- Sen, P. K., & Singer, J. M. (1994). Large sample methods in statistics: an introduction with applications (Vol. 25). CRC press.

- Shier, R. (2004). Statistics: Paired t-test. Mathematics Learning Support Centre.

http://www.statstutor.ac.uk/resources/uploaded/paired-t-test.pdf

Hjemmesider

- Bloomberg (2020). Terminal tilgået via CBS DataLab:

https://www.cbs.dk/bibliotek/databaser/bloomberg

Side 122 af 185 - CBS, ORBIS (2020). Databaser – ORBIS. Lokaliseret på:

https://www.cbs.dk/bibliotek/databaser/orbis.

- CVR, 2020. DataCVR – Virk. Lokaliseret på: https://datacvr.virk.dk/data/

- Danske Love (2020). Årsregnskabsloven. Lokaliseret på:

https://danskelove.dk/%C3%A5rsregnskabsloven

- Economic Research (2020). About Economic Research at the St. Louis Fed. Lokaliseret på:

https://research.stlouisfed.org/about.html

- Eurostat, European Communities (2008). NACE Rev. 2, Statistical Classification of Economic activities in the European Community. ISSN 1977-0375.

https://ec.europa.eu/eurostat/documents/3859598/5902521/KS-RA-07-015-EN.PDF - Fenebris (2020). Markedsrisikopræmier. Lokaliseret på:

http://www.xn--marktrisikoprmie-7nb.de/marktrisikopraemien.html

- FSR (2016, 14. Januar). ”Ny regnskabsstandard om leasing er udsendt”. Lokaliseret på https://m.fsr.dk/Faglige_informationer/Regnskaber/Standarder%20og%20vejledninger/Stan darder_faglig%20viden/Ny%20regnskabsstandard%20om%20leasing%20er%20udsendt - Hanck, C., Arnold, M. & Schmelzer, M. (2019, 30. August). Econometrics.

https://www.econometrics-with-r.org/ITER.pdf

- Investopedia (2019, 25. juli). The great recession. Lokaliseret på:

https://www.investopedia.com/terms/g/great-recession.asp.

- Investopedia (2019, 8. november). Economic Cycle. Lokaliseret på:

https://www.investopedia.com/terms/e/economic-cycle.asp.

- Investopedia (2020, 14. januar). Channel Stuffing. Lokaliseret på:

https://www.investopedia.com/terms/c/channelstuffing.asp - Investopedia (2020, 5. Marts). Investment Grade. Lokaliseret på:

https://www.investopedia.com/terms/i/investmentgrade.asp

- Koening, E. (2019, 22. januar). Capital Expenditures to Depreciation Ratio. BizFluent.

Lokaliseret på: https://bizfluent.com/info-8609870-capital-expenditures-depreciation-ratio.html

- Largest Companies (2019). Lokaliseret på http://www.largestcompanies.dk/toplister - ORBIS (2020). Bureau van Dijk, Moody's Analytics. Lokaliseret på:

https://neworbis-bvdinfo-com.esc-web.lib.cbs.dk:8443/version-2020228/orbis/1/Companies/Search

Side 123 af 185 - St. Louis Fred (2018). LT government bonds yield: 10 year. Lokaliseret på:

https://fred.stlouisfed.org/series/IRLTLT01USM156N - St. Louis Fred (2020). Corporate Bonds. Lokaliseret på:

https://fred.stlouisfed.org/categories/32348

- Stata. (2020). Statistical Software. Lokaliseret på: https://www.stata.com - Statistics How To (2017, 7. Januar). Hausman Test. Lokaliseret på:

https://www.statisticshowto.com/hausman-test/

- Statistics Solutions (2020). Paired Sample T-Test. Lokaliseret på:

https://www.statisticssolutions.com/manova-analysis-paired-sample-t-test/

- Tradingeconomics (2020). Country indicators. Lokaliseret på:

https://tradingeconomics.com/countries

- Yahoo Finance (2020). Front page. Lokaliseret på: https://finance.yahoo.com/

Virksomheder

- Aalberts Industries, Our Business, URL: https://aalberts.com/businesses, Besøgt d. 18-01-2020.

- Bed, Bath and Beyond, 2020, Front Page, URL: https://www.bedbathandbeyond.com Besøgt d. 20-01-2020.

- Bergs Timber, 2020, Business concept & Strategies, URL:

https://www.bergstimber.com/en/operations/business-concept-o-strategies, Besøgt d. 17-01-2020.

- Bestseller, 2020, Our Company, URL: https://about.bestseller.com/about-us/our-company, Besøgt d. 18-01-2020.

- Blue Water Shipping, 2019, Hvem vi er, URL: https://www.bws.net/da/about/organisation, Besøgt d. 15-12-2019

- Canfor Corp., 2020, Canfor Corporation, URL: https://www.canfor.com/sustainability-report/corporate-overview/canfor-corporation, Besøgt d. 17-01-2020.

- Chugai Pharma, 2020, Business Processes, URL: https://www.chugai-pharm.co.jp/english/profile/about/process.html, Besøgt d. 18-01-2020.

- Circor, 2020, Products, URL: https://www.circor.com/products, Besøgt d. 18-01-2019.

- Danfoss, 2020, Om Danfoss, URL: https://www.danfoss.com/da-dk/about-danfoss/company/history/, Besøgt d. 18-01-2020.

Side 124 af 185 - DSV Panalpina, 2020, Om DSV, URL: https://www.dk.dsv.com/om-dsv, Besøgt d.

17-01-2020.

- Dunelm, 2020, About Dunelm, URL: https://corporate.dunelm.com/about-us/our-purpose-and-strategy/, Besøgt d. 20-01-2020.

- Ferro Corp., 2020, About – History, URL: https://www.ferro.com/about/history, Besøgt d.

19-01-2020.

- GN Store Nord, 2020, About GN Group, URL: https://www.gn.com/About/Heritage, Besøgt d. 20-01-2020.

- H&M, 2020, About Us, URL: https://hmgroup.com/about-us.html, Besøgt d. 18-01-2020.

- Harvetys Furniture, 2020, About Us, URL: https://www.havertys.com/furniture/havertys-today?cm_sp=SiteFooter-_-New2019-_-aboutHavertys, Besøgt d. 20-01-2020.

- Hasbro Inc., 2020, About, Reauters, URL: https://www.reuters.com/companies/HAS.O, Besøgt d. 17-02-2020.

- Hugo Boss, 2020, About HUGO BOSS, URL:

https://group.hugoboss.com/en/company/about-hugo-boss, Besøgt d. 19-01-2020.

- Jotun, 2020, Om Jotun, URL: https://www.jotun.com/dk/da/b2c/about-jotun/about-jotun/index.aspx, Besøgt d. 19-01-2020.

- Jumbo, 2020, Presentations, URL: https://corporate.e-jumbo.gr/en/investor-relations/presentations/all-years/, Besøgt d. 18-01-2020.

- Jysk, 2020, Om Jysk, URL: https://jysk.dk/om-jysk, Besøgt d. 20-01-2020.

- K&S Corp., 2020, About K&S, URL: https://www.ksgroup.com.au/ks-core-value/. Besøgt d. 14-01-2020

- Lego A/S, 2020, About us, URL: https://www.lego.com/da-dk/aboutus/lego-group/, Besøgt d. 18-01-2020.

- Leo Pharma, 2020, Om LEO, URL: http://www.leo-pharma.dk/Home/LEO-Pharma.aspx, Besøgt d. 18-01-2020.

- Mattel Inc., 2020, About us, URL: https://corporate.mattel.com/about-us/default.aspx, Besøgt d. 17-01-2020.

- Metsä Group, 2020, About Us, URL: https://www.metsagroup.com/en/about-us/Pages/default.aspx, Besøgt d. 15-01-2020

- Natus, 2020, About Natus, URL: https://natus.com, Besøgt d. 18-01-2020.

Side 125 af 185 - Novozymes, 2020, Business Model, URL:

https://www.novozymes.com/en/about-us/business-model, Besøgt d. 18-01-2020.

- Omnova Solutions, 2020, Products,URL: https://www.omnova.com/product-types/adhesives-and-sealants, Besøgt d. 19-01-2020.

- The GAP, 2020, About GAP, URL:

https://www.gapinc.com/content/gapinc/html/aboutus/ourbrands/gap.html, Besøgt d. 18-01-2020.

- Tianjin Port Development Holdings Limited, About Us, URL:

http://www.tianjinportdev.com/html/about.php, Besøgt d. 14-01-2020.

- Toyo Ink, 2020, Company profile, URL:

https://schd.toyoinkgroup.com/en/corpinfo/profile.html, Besøgt d. 20-01-2020.

- Usana Health Science, 2020, Company Info, URL: https://ir.usana.com/company-information, Besøgt d. 18-01-2020.

- Watts Water, 2020, Our Story, URL: https://www.watts.com/our-story, Besøgt d. 19-01-2020.

- West Fraser, 2020, Company, URL: https://www.westfraser.com/company, Besøgt d. 17-01-2020.

- Widex, 2020, About Widex, URL: https://global.widex.com/en/about-widex, Besøgt d. 18-01-2020.

- William Demant, 2020, Front page, URL: https://www.demant.com, Besøgt d. 19-01-2020.

Virksomheders årsregnskaber

- Årsregnskab – Aalberts Industries. http://www.jaarverslag.com/ar/aalberts-industries.html - Årsregnskab – Bed, Bath & Beyond.

http://bedbathandbeyond.gcs-web.com/financial-information/sec-filings?items_per_page=10&order=field_nir_sec_form&sort=asc&page=0 - Årsregnskab – Bergs Timber.

https://www.bergstimber.se/investerare/finansiella-rapporter?releaseId=348EB1EA40F27E6F - Årsregnskab – Bestseller A/S.

https://datacvr.virk.dk/data/visenhed?enhedstype=virksomhed&id=88216512&soeg=Bestsel ler&type=undefined&language=da

- Årsregnskab – Blue Water Shipping. https://cvrapi.dk/virksomhed/dk/blue-water-shipping-as/40516611

Side 126 af 185 - Årsregnskab – Canfor Corporation.

https://www.canfor.com/investor-relations/reports/annual-reports?annreport=pulp

- Årsregnskab – Chugai Pharmaceuticals. https://www.chugai-pharm.co.jp/english/ir/reports_downloads/annual_reports.html

- Årsregnskab – Cicor International. https://www.sec.gov/cgi-bin/browse-

edgar?action=getcompany&CIK=0001091883&type=10-k&dateb=&owner=exclude&count=40 - Årsregnskab – Danfoss A/S.

https://datacvr.virk.dk/data/visenhed?enhedstype=virksomhed&id=20165715&soeg=Danfos s%20A/S&type=undefined&language=da

- Årsregnskab – DSV Panalpina A/S. https://cvrapi.dk/virksomhed/dk/dsv-as/58233528 - Årsregnskab – Dunelm. https://corporate.dunelm.com/investors/reports-and-presentations/

- Årsregnskab – Ferro Corp. Inc. https://www.sec.gov/cgi-bin/browse-

edgar?action=getcompany&CIK=0000035214&type=10-k&dateb=&owner=exclude&count=40 - Årsregnskab – GN Store Nord.

https://datacvr.virk.dk/data/visenhed?enhedstype=virksomhed&id=24257843&soeg=GN%2 0Store%20Nord&type=Alle&sortering=default&language=da

- Årsregnskab – H&M. https://hmgroup.com/investors/reports.html - Årsregnskab – Hasbro Inc.

https://www.sec.gov/cgi-bin/browse- edgar?action=getcompany&CIK=0000046080&type=10-K&dateb=&owner=exclude&count=40

- Årsregnskab – Havertys. https://www.havertys.com/furniture/annual-reports

- Årsregnskab – Hugo Boss AG. https://group.hugoboss.com/en/investors/publications/results - Årsregnskab – Jotun. https://www.jotun.com/dk/da/corporate/media/publications/

- Årsregnskab – Jumbo S.A. https://corporate.e-jumbo.gr/en/investor-relations/annual-report/annual-report/

- Årsregnskab – Jysk A/S. https://cvrapi.dk/virksomhed/dk/jysk-as/13590400 - Årsregnskab – K&S group. https://www.ksgroup.com.au/annual-reports/

- Årsregnskab – Lego A/S. https://cvrapi.dk/virksomhed/dk/lego-as/54562519

Side 127 af 185 - Årsregnskab – Leo Pharma.

https://datacvr.virk.dk/data/visenhed?enhedstype=virksomhed&id=56759514&soeg=Leo%2 0Pharma%20A/S&type=undefined&language=da

- Årsregnskab – Mattel Inc. https://www.sec.gov/cgi-bin/browse- edgar?action=getcompany&CIK=0000063276&type=10-K&dateb=&owner=exclude&count=40

- Årsregnskab – Metsä Group.

https://www.metsagroup.com/en/Financials/Pages/default.aspx#

- Årsregnskab – Natuas Medical Inc. https://www.sec.gov/cgi-bin/browse-

edgar?action=getcompany&CIK=0000878526&type=10-k&dateb=&owner=exclude&count=40 - Årsregnskab – Novozymes A/S.

https://datacvr.virk.dk/data/visenhed?enhedstype=virksomhed&id=10007127&soeg=Novoz ymes&type=undefined&language=da

- Årsregnskab – Omnova Solutions. https://www.sec.gov/cgi-bin/browse-

edgar?action=getcompany&CIK=0001090061&type=10-k&dateb=&owner=exclude&count=40

- Årsregnskab – The GAP. http://www.annualreports.com/Company/gap-inc - Årsregnskab – Tianjin port Development.

http://www.tianjinportdev.com/html/ir_reports.php?year=2007

- Årsregnskab – Toyo Ink Group. https://schd.toyoinkgroup.com/en/ir/archives/cfs.html - Årsregnskab – Usana Health Science.

https://www.sec.gov/cgi-bin/browse- edgar?action=getcompany&CIK=0000896264&type=10-k&dateb=&owner=exclude&count=40

- Årsregnskab – Watts Water. https://investors.wattswater.com/financials/annual-reports/default.aspx

- Årsregnskab – West Fraser. https://www.westfraser.com/investors/reports - Årsregnskab – Widex A/S.

https://datacvr.virk.dk/data/visenhed?enhedstype=virksomhed&id=15771100&soeg=widex

&type=Alle&sortering=default&language=da

- Årsregnskab – William Demant A/S. https://www.demant.com/investor-relations/announcements

Side 128 af 185