Structure

This Master thesis is written at the end of the Master program in Corporate and Financial Management. The subject at hand concerns decision making that must be based on some specialized skills and knowledge’s; however the subject also embraces absolutely all aspects of a firm and its environment. The demand to narrow down the investigation to some significant specifics has been crucial. The subject can easily broaden towards behavioral or even philosophical matters and these aspects are left to the business leaders to manage. However the knowledge to support this decision-making is as important as ever and even more so when the internationalization of competition for production and innovation develops as rapidly as the global financial markets. Resent history shows that the fundamentals persists and we are pleased to identify that no strong signs of market timing can be found at the larger firms at the Nordic market. We like to express our gratitude towards our supervisor Prof. Lars Oxelheim whom also has been kind enough to give us a glance of the world of international research and science. We also like to express our gratitude to Marcus Thorsheim for advice throughout this period