| 1. |
- Adams, Mike, et al.
(författare)
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Commercial banking, insurance and economic growth in Sweden between 1830 and 1998
- 2009
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Ingår i: Accounting Business and Financial History. - : Taylor & Francis. - 0958-5206 .- 1466-4275. ; 19:1, s. 21-39
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Tidskriftsartikel (refereegranskat)abstract
- We examine empirically the dynamic historical relation between commercial bank lending, insurance and economic (income) growth in Sweden using time-series data from 1830 to 1998 and performing tests for Granger causality. Because of the non-stationary nature of the time series examined the procedure of Toda andYamamoto (1995) is used. Our results, which have accounted for possible regime changes due to different exchange rate mechanisms over time, indicate that insurance has Granger-caused economic growth and bank lending. Therefore, we conclude that insurance is an important prerequisite for stimulating economic growth and that this could have important implications for contemporary developing economies.
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| 2. |
- Lindmark, Magnus, et al.
(författare)
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The Evolution and Development of the Swedish Insurance Market
- 2006
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Ingår i: Accounting, Business and Financial History. - 0958-5206. ; 16:3, s. 341-370
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Tidskriftsartikel (refereegranskat)abstract
- In this paper we provide an overview of the historical development of the insurance market in Sweden from the eighteenth century up to modern times. We consider theoretical perspectives drawn from the economics and political regulation literature that might help to explain important institutional features of the market- in particular, its oligopoly structure, the lack of foreign participation and the significant presence of mutual forms of organisation. We also offer a prognosis as to the current challenges and prospects of the Swedish insurance market in an increasingly competitive and global market.
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| 3. |
- Segelod, Esbjörn, 1951-, et al.
(författare)
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The emergence of uniform principles of cost accounting in Sweden 1900-36
- 2010
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Ingår i: Accounting Business and Financial History. - : Routledge, Taylor & Francis Group. - 0958-5206 .- 1466-4275. ; 20:3, s. 327-363
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Tidskriftsartikel (refereegranskat)abstract
- The purpose of this article, using evidence from the archives of ASEA, of contemporary publications, and of statements by eye witnesses, is to identify and describe the principal forces and actors which shaped the Swedish cost accounting system, a system moulded in a process starting in the early twentieth century and ending in 1936 with the approval of a set of recommendations for uniform principles of cost accounting. These recommendations, with the terminology and practice they specify, are still taught to students of accountancy in Sweden; they are applied in many Swedish companies, and have influenced practice also in other Nordic countries. The process of standardization was initiated by influences from the United States but was later influenced mainly by the current German process of standardization. This paper questions the traditional view that the Swedish uniform principles originated in German cost accounting, and was the result of a battle between American practice (as exemplified by SKF) and German practice (as represented by ASEA). It will be shown that the Swedish uniform principles are based ASEA’s system, implemented in 1919, and that while not dissimilar to what later became known as German practice, may equally well be derived from American practice and cost accounting debate. We shall also show that the process was driven by engineers, many of whom had worked in the United States, were involved in the efficiency movement and were proponents of scientific management.
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