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2014 (Swedish)Independent thesis Advanced level (professional degree), 20 credits / 30 HE creditsStudent thesis
Abstract [en]

This thesis deals with the Swedish smaller firm's choice between the K2 and K3 regulatory framework. The new k-regulatory framework arose when the Swedish Accounting Board changed the accounting standards to better suit the international standards. Since the k-regulation framework became mandatory for periods after December 31, 2013, all small businesses have been forced to consider which one of the regulatory frameworks they shall practice in the year 2014. As there are significant accounting differences between the K2- and K3-regulation frameworks many companies’ choice has been characterized by uncertainty and risk. Firm's ability to manage risks and opportunities that arise in the context of uncertainty is an important part of corporate strategic risk management as it intends to secure the future of the organization.This thesis aims to increase the understanding of how the smaller companies, from an industry perspective, have handled the Swedish Accountings Board’s change of accounting standards and the risks that are associated with strategic decisions and changes. By conducting a qualitative study with a Repertory Grid element, information were obtained from significant actors involved in the company's decision making regarding k-regulatory election, the purpose of this thesis is to answer the question: " How has the smaller companies in Sweden handled the choice of the k-regulatory frameworks which derived from the Swedish Accountings Board’s accounting standards change, and why did they handle the k-regulatory election that way?”The research results of the study showed that the k-regulatory election largely has been characterized by institutional mechanisms, for example have different types of pressures that are associated with organizational fields existed within the industries. Furthermore, have the measures taken in corporate decision-making been found to reflect the firm’s uncertainty. Actions such as meetings and discussions within the company and with external advisors have been major activities, this regardless of industry. Even though all the smaller companies’ decision-making process largely has resembled each other’s, some differences have been discovered. For example, the real estate industry showed a greater interest and involvement in the k-regulatory issue than the other industries included in this study. The study also found a number of factors that have affected companies' k-regulatory options; these factors can be summarized into: The k-regulatory frameworks’ accounting differences, the management's opinion and the industry's actions and behavior. Lastly, the study has shown that larger and more complex enterprises interact more with their environment compared to simpler companies. Additionally, have the more complex enterprises often chosen the K3 framework, while the simpler companies to a greater extent have chosen the K2 framework.

Place, publisher, year, edition, pages
2014. , 74 p.
Keyword [en]
Social Behaviour Law
Keyword [sv]
Samhälls-, beteendevetenskap, juridik, K-regelverk, mindre företag, BFN, K-regelverksval, beslut
URN: urn:nbn:se:ltu:diva-51776Local ID: 8f52c09f-14b3-47bb-8d74-f9093b8a0580OAI: diva2:1025140
Subject / course
Student thesis, at least 30 credits
Educational program
Business and Economics, master's level
Validerat; 20140905 (global_studentproject_submitter)Available from: 2016-10-04 Created: 2016-10-04Bibliographically approved

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