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The concept of sue and labour had existed in marine insurance from almost 400 years ago. Although this concept is a venerable concept but it is still alive and flourishing in the field of marine insurance law. The principles of sue and labour embodied in the statute and contemporary forms of marine insurance policies and according to these principles the assured must take reasonable measures to a
The primary purpose of this study is to determine the applicability of performance benchmarking of the Nordic companies in the maritime industry. The developments in world seaborne trade mirrored the performance of the wider economy, with the maritime industry as a whole stands and falls with worldwide macroeconomic conditions. We argue that with firm specificity, every firm is exposed to differen
This paper attempts to describe how young entrepreneurs in high-tech startups frame strategic decisions. Furthermore it seeks to identify how different types of decisions/situations affect the application of different types of logics. Lastly it aims to explore how and why these frames change over time if they do. The insights should indicate how decision-making in practice relates to existing theo
Adult literacy is often taken for granted in industrialized countries. Developing countries still struggles with a large portion of their population not being able to read or taking active part in the productive sector. The African continent have the highest numbers of illiteracy. The aim of this thesis is to look at the factors contributing to this fact and investigate which factors determinates
Should a normally unmanned installation rely on helicopter shuttling to allow for the people working there to be accommodated at another platform during the resting periods with regards to the potential loss of life (PLL)? Would the risk the personnel are exposed to increase or decrease if the need for helicopter shuttling was eliminated due to a different design allowing for periodic manning of t
The wearing of religious symbols at the workplace and in schools has been a much debated topic in Sweden and other European countries in recent years. Although headscarves and other religious symbols are quite a common sight at many workplaces in Sweden today, the matter is not uncontroversial. This thesis deals with the legal aspect of the wearing of religious symbols at work. Which legislation i
Our study explored the use of non-financial measurements in financial services industries in Sweden, Romania and Ukraine. The countries were selected on grounds of the authors' nationality and the masters program. The analysis was focused on the use in practice of the latest theoretical developments, the non-financial indicators link with the banks’ strategies and the financial measurements an
The study analyses three major conflicts in Zimbabwe during the past forty years through a filter of theoretical models. The study relies on secondary material in the form of articles, books and research reports. The causes of the conflicts, the traumas developed through the conflicts and reconciliation efforts at the end of the conflicts are analyzed. It shows that Zimbabwe is a traumatized natio
Nowadays, Chinese government tries to gain more sustainable and high speed growth on the economic performance with more innovation brought by improving intellectual property rights (IPR) system. A view on protecting IP by previous studies is that the effect of strength IPR on economic growth is not clear. There is no doubt that the IPR construction could bring both benefit and cost to China. In th
This thesis describes bio-ethanol production and use for transport fuel in Ethiopia, focusing on current status and potential, barriers, implications and recommendations for a sustainable market. The need for such research is justified as it paves the way for bio-ethanol development in Ethiopia towards a more sustainable path as challenges are surmounted. Bio-ethanol from molasses is identified in
Commercial banks can play an important role in environmental issues. Having a role of an intermediary in an economy, because of their importance for the business sector, commercial banks can influence and contribute to the healthy environment significantly. Still, the banking sector is slowly responding to environmental challenges in comparison to other sectors: banks’ direct impacts on the enviro
Fast development of energy efficient buildings is necessary to deal with growing and high levels of energy consumption and related environmental impacts in the Middle East countries including Iran and Israel. Design for climates such as hot arid and Mediterranean climates entails facing challenges regarding both heating and cooling energy demands in buildings. Since the late 70s, research has been
Volatility smile arising from the Black-Scholes model is a long studied subject in option pricing theory. By analysing higher order derivatives of the model, I hope to put another perspective to the problem. Accoridng to a study on the American S&P 500 future options, about 90% of the risks of holding an option in five days can be removed by using higher order derivatives of Black-Scholes. The
This paper examines the income differentials and characteristics relevant to the labour market of East-West migrants, West Germans and East-German stayers in Germany in 2006. This is done by using descriptive statistics as well as regression models based on the Human Capital theory by Becker and Mincer. The data used in this paper comes from the Socio-Economic Panel (SOEP) of the German Institute
