Open Access. Powered by Scholars. Published by Universities.®
- Discipline
- Keyword
-
- Corporate social responsibility (3)
- Entrepreneurship (3)
- "Windows of Opportunity" (1)
- 2010 Tax Relief Act (1)
- Algorithmic trading (1)
-
- And Job Creation Act of 2010 (1)
- Audit (1)
- Audit fees (1)
- Auditor concentration (1)
- Auditor specialization (1)
- Bayesian Learning (1)
- Boards of Directors (1)
- Bonus depreciation (1)
- Business Failure (1)
- Business and Society (1)
- Business ethics (1)
- Capacity planning (1)
- Capital asset expensing provisions (1)
- Capital expenditures (1)
- Commonality (1)
- Corporate Finance (1)
- Corporate Governance (1)
- Corporate communication (1)
- Directors' and Officers' liability insurance (1)
- Disclosure (1)
- Discretionary Accruals (1)
- Disruptions (1)
- Environmental Sustainability (1)
- Financial reporting (1)
- Founder Legitimacy (1)
Articles 1 - 23 of 23
Full-Text Articles in Business
Unpacking Athletics: An Exploration Of Identity Development For Division I Women College Athletes, Kathleen E. Scanlon
Unpacking Athletics: An Exploration Of Identity Development For Division I Women College Athletes, Kathleen E. Scanlon
Dissertations - ALL
This dissertation explored how former Division I National Collegiate Athletic Association (NCAA) women athletes made meaning of their undergraduate experience and how it influenced their post-graduate lives. The study research questions focused on three areas: a) how participants constructed meaning from their athletic experiences and what role those experiences had in shaping their identity; b) how the participants made sense of the various systems they experienced and what bearing various identities had on their meaning making; and c) what concrete knowledge, skills and qualities participants felt they possessed today that they attribute to their intercollegiate athletic experiences.
Three semi-structured interviews …
Two Essays On Corporate And Institutional Investors’ Usage Of Options, Financial Constraints, And Firm Performance, Bharat Patil
Two Essays On Corporate And Institutional Investors’ Usage Of Options, Financial Constraints, And Firm Performance, Bharat Patil
Dissertations - ALL
This dissertation consists of two major parts. Essay I examines the relationship between the firm’s derivative risk management and its financial constraint. Firms face a wedge between their internal and external financing for their investments. I test whether this wedge reduces the firm’s financial constraint when it hedges using interest rate, foreign currency, and commodity derivatives. Using a difference-in-difference framework around the implementation of Financial Accounting Standard (FAS) 123R, this study shows a strong causal relationship between hedging intensity and the financial constraint. I find that net debt increases for the derivative hedging firms, on the other hand, cash holding …
Immigrant Entrepreneurs And The Contingent Value Of Personal Legitimacy, Kurian George
Immigrant Entrepreneurs And The Contingent Value Of Personal Legitimacy, Kurian George
Dissertations - ALL
Despite growing recognition of the importance of the founder’s personal legitimacy for successful venturing, various questions remain with respect to what founder legitimacy is and how it is achieved. My review of the legitimacy literature reveals that founder legitimacy can be conceptualized as both a characteristic and a process, and that the entity signaling the founder’s legitimacy can be the founder, an organization, or even an industry or region. My review also shows that the expertise needed for founder legitimacy is taken for granted in most studies. To develop a better understanding of how founders acquire and signal personal legitimacy, …
Commonality In Two-Dimensions: An Empirical Investigation, Zhaoque Zhou
Commonality In Two-Dimensions: An Empirical Investigation, Zhaoque Zhou
Dissertations - ALL
In this thesis, I follow Hasbrouck and Seppi (2001)’s work and use reduced-rank regression to model the commonality in Chapter Two. The literature on the study of return commonality generally attributes its source to the order flow. But I find that return and order flows are endogenous and use the new exogenous Twitter sentiment dataset to show that return commonality may be due to sentiment and attention. Furthermore, I observe the non-linear (linear) relationship between sentiment (attention) and return commonality. Finally, I may export the non-linear relationship using the same reduced-rank regression framework in future research.
I also follow Korajczyk …
Startup Futures: Entrepreneurs, Investors And Imaginaries Of Care In Global India, Ipshita Ghosh
Startup Futures: Entrepreneurs, Investors And Imaginaries Of Care In Global India, Ipshita Ghosh
Dissertations - ALL
This dissertation examines the emerging cultures of venture capital-driven, technology-infused startups in India and the multiple ways in which they shape the nation's entrepreneurship landscape. Based on findings drawn from 14 months of ethnographic fieldwork with Delhi's startups, I argue that entrepreneurship serves as a cultural and ideological formation that creates a new regime of values and reshapes our social, political, and civil life. In this sense, I suggest that previous studies on entrepreneurship which focus purely on its economic impacts (or lack thereof) tend to undervalue the long-lasting cultural transformations created through it. One of the primary ways in …
Passive Institutional Ownership, Firm Disclosure, And Post-Earnings Announcement Drift, Jingxin Hu
Passive Institutional Ownership, Firm Disclosure, And Post-Earnings Announcement Drift, Jingxin Hu
Dissertations - ALL
This dissertation consists of four chapters. Chapter one is the introduction. Chapter two examines the impact of passive institutional ownership on firm disclosure. Passive institutional investors favor more information to minimize monitoring and trading costs. However, passive institutions' diverse holdings make it costly to collect individual firms' private information, so they demand more public information. Managers are likely to supply more firm material information because passive institutions can exert influence by using their sizeable ownership stake. More firm disclosure is related to a better firm information environment and higher stock liquidity. To test the hypothesis, I choose the S&P 500 …
Essays On Supply Chain Optimization: Operational Decisions With Corporate Social Responsibility Implementation And Live-Streaming Channel Introduction, Haiying Yang
Dissertations - ALL
In this dissertation, we study a supplier's operational decisions for supply chain optimization considering corporate social responsibility implementation and live- streaming channel introduction. Both essays start from analytical models that are inspired by observations, and we explore how different parameters affect the supplier's decisions through extensive numerical studies. In the first essay, we notice that cost auditing is becoming an increasingly important tool to improve supply chain efficiency and mitigate the influence of information asymmetry. We study how cost auditing indirectly influences retailer and supplier's behavior in social responsibility. We also discuss the potential negative social responsibility externalities of conducting …
A More Efficient And Effective Objective Measure Of Financial Disclosure Quality: Omissions Of Seven Key Financial Statement Variables, Ying Zhang
Dissertations - ALL
This dissertation research includes three Chapters. Chapter One proposes a new and simple measure of financial reporting quality. Chapter Two and Chapter Three apply this new measure to examine the association between financial reporting quality and firms' internal governance issues, such as internal control quality and a possible outcome of internal control weakness (ICW), financial restatements.In Chapter One of the thesis, I propose a parsimonious, theory-based and empirically-supported measure of missing variables, REPORT. Chen et al. (2015) proposes a measure of disclosure quality, DQ, based on missing financial statement variables. DQ includes hundreds of items and is complex to program. …
Essays On Strategies For Increasing Repayment Rates Of Digital Microloans, Alain Rutayisire Shema
Essays On Strategies For Increasing Repayment Rates Of Digital Microloans, Alain Rutayisire Shema
Dissertations - ALL
Access to credit can act as a highly effective tool for poverty reduction and economic growth. The ability to borrow increases the propensity of low-income people to start and maintain businesses, educate their children and withstand financial shocks. These factors, in turn, can help them to move out of poverty and lead to more sustainable economic development. However, traditional financial institutions have inherent limitations that have impeded their ability to serve the poor.
Digital lenders are able to leverage the widespread adoption of mobile phones and mobile money to extend credit quickly and conveniently to more people, especially in developing …
Essays On Ipo Cycles And Windows Of Opportunity, Meng Chen
Essays On Ipo Cycles And Windows Of Opportunity, Meng Chen
Dissertations - ALL
The dissertation consists of two chapters regarding private firms financing in the capital market. The first chapter explores the long-term failure rate of private firms that issued initial public offerings (IPOs) in the public capital market. We study busted, or failed, IPOs to examine the underwriter certification hypothesis and windows of opportunity hypothesis in the new issues market. Extensive literature pointed out that time-varying characteristics of information asymmetry might induce windows of opportunity in capital market when information asymmetry is relatively low. During windows of opportunity, private firms can issue public equity with lower information costs and more favorable terms. …
Three Essays On Regulation In Healthcare And Pharmaceutical Markets, Lu Liu
Three Essays On Regulation In Healthcare And Pharmaceutical Markets, Lu Liu
Dissertations - ALL
The purpose of this dissertation is to investigate how regulation and deregulation impacts hospital performance, its persistence effect and the different impact on drug markets. The authorities designed programs and policies to regulate hospitals and pharmaceutical markets, aiming at improving hospital performance and control drug prices, while in reality, the programs and policies generate consequences, the effect varies across different types of the hospitals and drugs.
The dissertation consists of three essays. The first essay proposes a propensity score matching-difference in difference framework of program evaluation of Value Based Purchasing program. This framework first applies the propensity score matching method …
Adhd Symptoms, Impulsivity And Entrepreneurial Action Three Essays, Wei Yu
Adhd Symptoms, Impulsivity And Entrepreneurial Action Three Essays, Wei Yu
Dissertations - ALL
Anecdotal evidence of successful entrepreneurs with ADHD, along with books on the strengths of ADHD individuals, have drawn people’s attention towards the potential benefits of this mental disorder. Instead of viewing those individuals as inattentive, impulsive and hyperactive, the very characteristics may become assets in certain environments where creativity, quick action and experimentation are needed. Entrepreneurship represents such an environment that has been long recognized by scholars and practitioners alike. First, entrepreneurship is an uncertain journey full of obstacles, which requires potential entrepreneurs to overcome the fear and worry and resolve the uncertainty through entrepreneurial actions. Second, compared with existing …
Towards Understanding Entrepreneurship’S Role In Our Common Future: Essays From The Sustainability-Entrepreneurship Nexus, Kiven Pierre
Towards Understanding Entrepreneurship’S Role In Our Common Future: Essays From The Sustainability-Entrepreneurship Nexus, Kiven Pierre
Dissertations - ALL
The purpose of this dissertation is to facilitate a better understanding of the relationship between entrepreneurship and attainment of sustainable development. Drawing on prior work, I present three related essays that together provide both an evaluation and extension of research at the intersection of the entrepreneurship and sustainable development concepts – herein referred to as the Sustainability-Entrepreneurship Nexus. In addition, the findings from these essays provide some interesting research opportunities for management and entrepreneurship scholars alike.
Essay 1 provides a literature review of extant research within the S-E Nexus. Focusing on the composition of conceptual and empirical articles, and the …
Business Failure And Entrepreneurship: Three Essays On The Effects Of The Cost Of Failure, Chong Kyoon Lee
Business Failure And Entrepreneurship: Three Essays On The Effects Of The Cost Of Failure, Chong Kyoon Lee
Dissertations - ALL
When entrepreneurs encounter business failure, they have to bear the financial, emotional, and social cost of failure. Prior research on the effects of these costs has focused mainly on entrepreneurial exit context or on the quantity of new firms. Moreover, these studies suggest to policy makers to establish institutions to lower the costs of failure with the aim of increasing entrepreneurial activities. However, this dissertation seeks to improve our understanding by providing more extensive and fine-grained assessments of the effects of the cost of business failure in entrepreneurship contexts. The first essay in this dissertation conducts a systematic review regarding …
Voluntary Adoption Of Internal Audit By Nasdaq Firms And Its Impact On Financial Reporting, Omar Watts
Voluntary Adoption Of Internal Audit By Nasdaq Firms And Its Impact On Financial Reporting, Omar Watts
Dissertations - ALL
While regulators recognize internal audit as an important governance function, the recent rejection by managers of NASDAQ firms of a proposal that would require NASDAQ listed firms to have an internal audit function indicates that management may not have the same regard for internal audit and may be unclear regarding internal audit’s value. Using hand-collected data for a sample of firms that have and have not voluntarily adopted an internal audit function, I run regressions to identify the impact of internal audit adoption on financial reporting and audit fees. I also identify the factors that drive the adoption decision. I …
Essays In Corporate Finance, Lea H. Stern
Essays In Corporate Finance, Lea H. Stern
Dissertations - ALL
This dissertation consists of three chapters in corporate finance and private equity. Chapter 1, “Incentives of Private Equity General Partners from Future Fundraising”, co-authored with Ji-Woong Chung, Berk Sensoy and Michael Weisbach, studies the incentives of private equity general partners (GPs). Lifetime incomes of GPs are affected by their current funds’ performance not only directly, through carried interest profit-sharing provisions, but also indirectly by the effect of the current fund’s performance on GP’s abilities to raise capital for future funds. In the context of a rational learning model, which we show better matches the empirical relations between future fundraising and …
Heterogeneity In Institutional Context And Its Impact On Initial Public Offerings And Corporate Social Responsibility, Gokce Serdar
Heterogeneity In Institutional Context And Its Impact On Initial Public Offerings And Corporate Social Responsibility, Gokce Serdar
Dissertations - ALL
This dissertation investigates the impact of institutional heterogeneity, which arises due to variations in institutional context, on a market and a non-market transaction. It draws from institutional theory and organizational institutionalism, and contributes to organization theory, corporate social responsibility, gender, and initial public offering literatures. In the two chapters that make up this dissertation, I theorize and empirically show that the institutional context varies not only between countries or groups of countries, but also domestically; and this variation has a statistically significant and economically meaningful impact on organizations. In the first chapter of this dissertation I focus on a market …
Trading Dynamics In A Fragmented Market, Krzysztof Herman
Trading Dynamics In A Fragmented Market, Krzysztof Herman
Dissertations - ALL
In this dissertation, we study the effect of recent regulatory and technological changes on trading
dynamics. Advances in communication and computing technologies have made millisecond
latencies as the new trading standard and have resulted in a new era of automated trading. The
introduction of Reg-NMS (Regulation National Market System, implemented in 2007) has set
strict rules for the access and removal of liquidity from the fragmented US equity market, de
facto linking the trading activities across trading venues. These transformations have not only
changed how equity markets function but also how market participants interact with the market
and among themselves. …
Essays On Global Sourcing Under Uncertainty, Shahryar Gheibi
Essays On Global Sourcing Under Uncertainty, Shahryar Gheibi
Dissertations - ALL
In this dissertation, we study the sourcing policies of global corporations and determine the key drivers of the procurement decisions under different types of uncertainties.
The first essay explores the impact of exchange-rate and demand uncertainty on sourcing decisions of a multinational firm which engages in global sourcing through capacity reservation contracts. The focus of this essay is cost, which is known to be the main driver of global sourcing practices. We investigate the impact of cost uncertainty caused by exchange-rate fluctuations on procurement decisions, and identify the conditions that result in single and dual sourcing policies. Our analysis indicates …
Essays On Supply Chain Analytics: Investment And Capacity Planning Under Uncertainty, Mert Hakan Hekimoglu
Essays On Supply Chain Analytics: Investment And Capacity Planning Under Uncertainty, Mert Hakan Hekimoglu
Dissertations - ALL
In this dissertation, we study a firm’s investment and capacity planning strategies in the presence of different types of supply uncertainties and risks. Both essays in this dissertation benefit from empirical analysis as the analytical models build on the findings and observations from the corresponding empirical investigation. Each essay shows the benefits from utilizing flexible options that are deemed to be less preferable before conducting the analysis. Wine futures investment represents the flexible option (due to its liquidity) in the first essay, however, it exhibits greater uncertainty in price than the traditional bottled wine. We find in our empirical analysis …
Short-Term Incentive Effects Of Temporary Full Capital Asset Expensing, John David Patrick Witesman
Short-Term Incentive Effects Of Temporary Full Capital Asset Expensing, John David Patrick Witesman
Dissertations - ALL
The Tax Relief, Unemployment Compensation Reauthorization, and Job Creation Act of 2010 (2010 Tax Relief Act) temporarily modified capital asset expensing provisions, increasing the allowed bonus depreciation percentage from 50% to 100%. The legislative intent of the provision was to encourage capital investment by firms, although prior research suggests that capital expenditures did not increase during the availability of 30% or 50% bonus depreciation. I find that the availability of 100% bonus depreciation significantly increases the likelihood that firms increase capital expenditures, as well as increases the magnitude of capital expenditures. Overall, my evidence highlights how temporary changes in capital …
The Effects Of Local Government Gaap Regulation On Audit Market Concentration, Auditor Specialization, And Audit Fees, Alfred A. Yebba
The Effects Of Local Government Gaap Regulation On Audit Market Concentration, Auditor Specialization, And Audit Fees, Alfred A. Yebba
Dissertations - ALL
This study examines the effects of financial statement disclosure regulation on auditor market concentration and audit fees. I compare auditor industry concentration rates between municipalities reporting under the Single Audit Act in the state of Michigan, which requires all local governments to follow GAAP reporting, with concentration rates in Pennsylvania, which has unregulated reporting. Using both an interstate comparison as well as examining a policy change in the unregulated environment, I find evidence suggesting that auditor concentration is related to disclosure mandates. Through survey data, I then explore the impact of reporting regulation on audit fees. My findings suggest GAAP …
The Role Of Ethical Evaluation Of Corporate Social Responsibility In The Perception Of Corporate Hypocrisy, The Intention Of Opinioned Communication And Behavior Toward A Firm, Kyujin Shim
Dissertations - ALL
Corporate hypocrisy refers to publics' negative perception of CSR (Corporate Social Responsibility) as a result of ethical attribution of CSR to normative ethics, and thus can be a useful indicator of the disappointing and ineffective role of CSR programs geared toward raising publics' goodwill toward a firm. However, scant scholarly effort has been made to explore the concept of corporate hypocrisy in relation to corporate issues and crises, publics' ethical orientation, cultural and national influence, and polarized sentiments toward global business in the media landscape. These aspects collectively constitute the unpredictable, uncontrollable public opinion, in particular the opinion of the …