Digital Commons Network^™

. . . And Law?, John Henry Schlegel

Contributions to Books

Published as Chapter 18 in Searching for Contemporary Legal Thought, Justin Desautels-Stein & Christopher Tomlins, eds.

The locution “law and . . . (some other discipline)” implicitly asserts the primacy of legal doctrine and institutions narrowly conceived for coming to understand phenomena in which law takes a part. The ordinary story of American legal theory – formalism then realism then contemporary legal thought – can be understood to repeat the triumphalism implicit in “law and . . .” Of course, the story of American legal theory could possibly be read differently -- as a series of responses to the inability …

Pre-Management? How To Best Prepare: A Brief Overview For Potential Accounting, Finance, And Information Systems Students, Ammon Kou

Marriott Student Review

Many pre-management students are curious about the accounting, finance, and information systems majors offered at BYU. This article features an overview of each major and how best to prepare for those majors’ programs.

Unexpected Connections: Full Issue Of Volume 1, Issue 3, Marianna E. Richardson

Marriott Student Review

Unexpected Connections is the Fall 2017 Issue of Marriott Student Review.

The Retainer-Based Model Of Financial Planning, Savannah Stone

Mahurin Honors College Capstone Experience/Thesis Projects

Through attending my classes and working part-time at a financial planning firm, I have learned about many different types of compensation for financial planners, the most common being commissions and fees. Western Kentucky University allowed me to travel to San Diego in January of 2017 to attend the TD Ameritrade LINC 2017 conference, and it was there that I was introduced to the concept of a monthly retainer model of compensation. This grabbed my attention because it was a relatively new and unusual form of payment for financial planning services. Through curiosity, this topic encouraged my study of the past, …

Venture Capital Contract Design: An Empirical Analysis Of The Connection Between Bargaining Power And Venture Financing Contract Terms, Spencer Williams

Fordham Journal of Corporate & Financial Law

This Article presents an empirical analysis of the connection between bargaining power and contract design using an original dataset of over 5,500 equity and debt venture financings from 2004–2015. Using the total supply of venture capital in the U.S. as a measure of relative bargaining power between entrepreneurs and investors, this Article finds that venture capital supply has a statistically significant relationship with price and non-price terms in both equity and debt financings. These results contradict one of three theoretical accounts of bargaining power and support the other two.

Implementing The Heston Option Pricing Model In Object-Oriented Cython, Brandon Hardin

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

The 1973 Black-Scholes model, a revolutionary option pricing formula whose price is 'relatively close to observed prices, makes an assumption that the volatility is constant and thus, deterministic. This causes some inefficiencies and patterns in the pricing of options due to the model providing evidence of the volatility smile' of the volatility. Many scholars have suggested that the volatility should be modelled by a stochastic process and the (1993) Heston Model is one of many proposed solutions to remedy this problem. The Heston Model allows for the 'smile' by defining the volatility as a stochastic process. This thesis considers a …

Principles Of Accounting I, Acc 1101, Course Outline, Rachel Raskin

Open Educational Resources

Principles of Accounting I will introduce the fundamental concepts underlying financial accounting. It will explore the accounting cycle and demonstrate how the financial reporting process is impacted by accounting standards. You will learn to read and understand the financial statements and how proper internal controls are vital for the preparation of accurate and reliable financial information.

Range-Based Volatility, Expected Stock Returns, And The Low Volatility Anomaly, Benjamin M. Blau, Ryan J. Whitby

Economics and Finance Faculty Publications

One of the foundations of financial economics is the idea that rational investors will discount stocks with more risk (volatility), which will result in a positive relation between risk and future returns. However, the empirical evidence is mixed when determining how volatility is related to future returns. In this paper, we examine this relation using a range-based measure of volatility, which is shown to be theoretically, numerically, and empirically superior to other measures of volatility. In a variety of tests, we find that range-based volatility is negatively associated with expected stock returns. These results are robust to time-series multifactor models …

2017 Yellow Ribbon Program, Student Senate - Winona State University

Student Senate Passed Motions

This document is a Winona State University Student Senate (WSUSS) official passed motion in 2017 on the topic of Yellow Ribbon Program

2017 Affordable College Textbook, Student Senate - Winona State University

Student Senate Passed Motions

This document is a Winona State University Student Senate (WSUSS) official passed motion in 2017 on the topic of Affordable College Textbooks.

Research Project In Finance: Kss Kohl's Corporation, Garrett Blair

Student Scholarship

Kohl’s Corporation ($KSS) is a discount department store. Kohl’s was founded in 1927 as a grocery store, building their first department store in 1962 in Menomonee Falls, Wisconsin. In 1972, British American Tobacco purchased an 80% stake in Kohl’s and took complete control. In 1986, due to the mismatch between Kohl’s and British American Tobacco’s strategies, Kohl’s was purchased by a group of investors led by Kohl’s management. From 1988 to 1992 when they went public, Kohl’s increased their sales from $388 million to $1 billion. Kohl’s completed its initial public offering for 11.1 million shares in May of 1992, …

Instance Selection Using Genetic Algorithms For An Intelligent Ensemble Trading System, Youngmin Kim, David Lee Enke

Engineering Management and Systems Engineering Faculty Research & Creative Works

Instance selection is a way to remove unnecessary data that can adversely affect the prediction model, thereby selecting representative and relevant data from the original data set that is expected to improve predictive performance. Instance selection plays an important role in improving the scalability of data mining algorithms and has also proven to be successful over a wide range of classification problems. However, instance selection using an evolutionary approach, as proposed in this study, is different from previous methods that have focused on improving accuracy performance in the stock market (i.e., Up or Down forecast). In fact, we propose a …

Phld 9334 - Financial Management Of Publich Health, Samuel T. Opoku

Jiann-Ping Hsu College of Public Health Syllabi

This course examines the structure and functioning of the finance components of the Public Health System using Federal Basis Generally Accepted Accounting Principles (FGAAP). It will provide Dr.P.H. students with the theory, concepts, and tools necessary to make better decisions regarding the acquisition and deployment of resources, and promote the financial well being of public health organizations. The course will discuss the following topics: financial goals; time value analysis; financial risk and return; debt and equity financing; capital decisions; cost of capital; capital investment decisions; business valuation; and leasing decisions. Students will apply the material learned in real world (case) …

2017 Textbook Affordability Taskforce, Student Senate - Winona State University

Student Senate Passed Motions

This document is a Winona State University Student Senate (WSUSS) official passed motion in 2017 on the topic of Textbook Affordability Taskforce

Voter Primacy, Sarah C. Haan

Sarah Haan

This Article argues that Citizens United v. FEC expanded the audience for campaign finance disclosure to include a group that had never before been held relevant to campaign finance disclosure—corporate shareholders—and explores the constitutional, policy, and political consequences of this change. In part IV of Citizens United, the U.S. Supreme Court departed from more than thirty years of campaign finance disclosure analysis to treat corporate shareholders as a target audience for corporate electoral spending disclosure, holding that the governmental interest advanced by campaign finance disclosure laws includes an interest in helping corporate shareholders “determine whether their corporation’s political speech advances …

Essays On Tax Avoidance, Monetary Policy And International Trade, Giulia Zilio

Economics Dissertations

This dissertation consists of three distinct essays on tax avoidance, monetary policy and international trade.

The first chapter focuses on profit shifting. Multinational enterprises (MNEs) manipulate the prices that they use for intracompany transactions (known as transfer prices) to shift profits to countries with more favorable tax treatments. I improve upon the current practice to estimating this elasticity by constructing a measure of the stringency with which countries enforce their anti-tax avoidance rules and take into account their incentive to enforce them. I report evidence showing that the failure to account for the enforcement of anti-tax avoidance rules and the …

Healthcare Sector Stock Returns And The Election Of Donald J. Trump, Cordell Hull

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

The 2016 US Presidential Election was hallmarked by significant policy differences between the Democratic and Republican parties. Healthcare reform was one of the most significant and highly debated issues between the candidates; Hillary Rodham Clinton (D-NY) and Donald J. Trump (R-NY). The Republican platform of repeal and replace was in direct opposition to the expansionary viewpoints of the Democratic Party which was to promote increased regulations on the healthcare and pharmaceutical industries. The media narrative in the months preceding the election assumed a Democratic victory as a sure thing. The New York Times gave Hillary Clinton a 98.5% chance of …

Railways And Regret: Revising Mobility Myths In Victorian Literature And Culture, 1857-1891, Kathryn Winslow Powell

Doctoral Dissertations

Since 1979 when Wolfgang Schivelbusch applied Marx’s phrase “annihilation of time and space” to the nineteenth-century railways, the idea that locomotives revolutionized mobility and restructured life has undergirded historical analysis. Recent scholarship challenges this long-standing assumption, countering that transportation networks expanded through evolutionary change and that cultural adaptation occurred by resisting the imposing forces of modernity. My study joins this critical departure but proposes a new conceptual model defined by regret and revision. This dissertation argues that fiction written between 1857-1891 illustrates railway growth as a recursive and participatory process. I show through the writing of Elizabeth Gaskell, Charlotte Riddell, …

The Government’S Role In Unleashing Impact Investing’S Full Potential, Chelsea Mcgrath

Pepperdine Law Review

Impact investing refers to investments made in organizations, companies, or funds with the intent to generate measurable social or environmental impact along with a financial return. Since its start in 2008, this industry has become a vibrant tool to address a wide variety of local and global issues, resulting in higher standards of living, lower rates of prison recidivism, clean technology and more. Impact investing is no longer a novel concept. Rather, it has successfully pushed the boundaries from the separate methods of conventional investing and philanthropy, blending them together to create sustainable solutions to social and environmental problems. By …

Evaluating Financial Planning Advertisements For Retirement In India: A Content Analysis, Ritu Gupta, Sudeepta Pradhan

The Qualitative Report

For Indians, retirement is neither a formal stage of life nor an issue that people dwell upon while planning their future. Despite the lack of preparation for retirement, a burgeoning population indicates a huge mass of retirees in the coming decades. These statistics trigger the need for individuals to prepare for their retirement appropriately, while accounting for factors like inflation. To highlight the significance of retirement planning and create awareness among the masses, pre-requisites to retirement planning should be effectively communicated. Extant literature suggests advertising to be one such measure of effective communication. This study intended to capture the extent …

1.4 The Administrative Organization, Saint Mary's College Of California

Faculty Handbook

No abstract provided.

Financing Natural Infrastructure For Coastal Flood Damage Reduction, Charles Colgan, Michael W. Beck, Siddharth Narayan

Publications

This paper explores financial tools for investing in natural infrastructure to reduce current and future risks from flooding. The key conclusions are:

1) There is a large and growing pool of funding for natural infrastructure, but the availability is geographically uneven and providing sufficient resources will require significant actions by industry, government, scientists, and communities.

• There are both public and private sources that can fund natural infrastructure for flood risk reduction. Approaches vary among the U.S., Europe, and international development organizations. For example, funding for natural flood control infrastructure is a byproduct of other purposes in the U.S., but recognized …

If It Quacks Like A Duck: The Financial Industry Regulatory Authority And Federal Jurisdiction, Lesesne Phillips

Washington and Lee Law Review

No abstract provided.

Why Can't We Be Friends? A Business Finance Lawyer's Plaintive Plea To Entrepreneurs, Joan Macleod Heminway

Scholarly Works

Entrepreneurs have the capacity to add value to the economy and the community. Business lawyers — including business finance lawyers — want to help entrepreneurs achieve their objectives. Despite incentives to a symbiotic relationship, however, entrepreneurs and business finance lawyers are not always the best of friends. This symposium piece offers several approaches to bridging this gap between entrepreneurs and business finance lawyers.

New Mexico Trauma System Funding Strategy, Razvan N. Preda

Doctor of Nursing Practice Scholarly Projects

Trauma is the leading cause of death among individuals 1 to 44 years of age. Nationally, one individual dies of traumatic injuries every three minutes. In the United States, the financial impact of trauma is estimated to be approximately $671 billion annually, spent on direct trauma care and associated costs, such as loss in productive days and rehabilitation. The New Mexico trauma system registered dramatic development over the past 10 years. In 2007, the state had only three designated trauma centers, and today there are 12. However, over the same period, trauma system funding registered an equally dramatic decrease of …

The Impact Of The 2016 Election On The Financial Performance Of Major Healthcare Companies, Joshua T. Blotter

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

Healthcare reform was a significant political issue during the November 2016 US general elections, and played an important role in campaigning and political discourse leading to the election. Donald Trump, the Republican presidential candidate, and Republicans running for congressional office, campaigned on a platform advocating for the repeal and replacement of the Patient Protection and Affordable Care Act of 2010 (ACA), among other changes. Hillary Clinton, the Democratic presidential candidate, and Democrats running for congressional office, campaigned on a platform that included support for the ACA, as well as increased regulations on the pharmaceutical industry and health insurers, among various …

A Transcendental Phenomenological Study Of Financial Literacy And Student Loan Debt Of Female Graduate Students, Melissa Begich

Doctoral Dissertations and Projects

The purpose of this transcendental phenomenological study was to understand the level of financial literacy of women with higher education degrees with student loan debt. The definition of financial literacy is an understanding of the impact of accumulating student loans to pay for education expenses. This study seeks to understand the experience by using the following four research questions: (1)When first obtaining student loans, what information was received regarding the loan process and expectations once no longer in school? (2) What contributing factors influenced participants’ decisions to take on student loans? (3) What obstacles and/or resources do participants believe would …

New Perspectives On Bank Risk In Malaysia, Robert J. Powell

Research outputs 2014 to 2021

Stable banks in individual ASEAN countries are essential to the economic stability of the ASEAN region as these countries move towards the goal of greater financial integration in the region. This study comprehensively explores bank risk in Malaysia as compared to the ASEAN region over an 18-year period which includes the Asian and Global Financial Crises. Metrics used include non-performing loans (NPLs), conditional distance to default (CDD which focuses on tail risk of asset volatility and is the authors own measure of bank default based on an extension to the Merton distance to default (DD) model) and a tail risk …

Maintaining Individual Liability In Aml And Cybersecurity At New York's Financial Institutions, Harry Dixon

Penn State Journal of Law & International Affairs

No abstract provided.

Financial Management Issues Of College-Aged Students: Influences And Consequences, Katharine N. Widener

Selected Honors Theses

College students have acquired a reputation of irresponsibility and impulsivity, which has contributed to the perception that they are poor managers of money. This researcher sought to establish a clearer picture of the full story behind how college students handle their finances through a comprehensive literature review. Several searches were conducted on the topics of college students, finances, money management, debt levels, and other related terms. Scholarly articles were analyzed for common themes and research patterns, and the various strings of research identified were categorized into three main headings: Financial situation, financial influences, and financial consequences. The three major headings …