Finance and Financial Management Commons^™

The Impact Of Whistleblowing Legislation On Developed And Emerging Markets, Catherine C. Koh

Honors Theses

This paper intends to study the impact of whistleblowing legislations and on developed and emerging markets. The main reason the study is carried out is because there is lack of research and literature conducted on this topic areas. The testing of the relationship between how whistleblowing affects the equity markets in developed and emerging countries is conducted through a multi-regression analysis across four parameters (i) the weekly historical adjusted returns of the countries' indices around the time the legislation was proposed or passed, (ii) the occurrence of the event which is the week when the legislation was promulgated or enacted, …

Personal Savings In The United States, Samanatha A. Marsh

Honors Theses

Over the past decade personal savings in America has been much lower than in the past. The question is why household savings is so much lower and what factors are contributing to the decline. To answer this question, I look at data collected from the Bureau of Labor Statistics (BLS). The BLS has conducted a survey of consumer expenditures, or buying habits, since 1984. By using the BLS 2010 Consumer Expenditure Data, I can look at how different factors, such as income, age, family size and number of kids under the age of eighteen all effect household savings. Using the …

The Impact Of Quantitative Easing Measures On Interest Rates, Financial Markets, And Economic Activity: A Case Study Of U.S.A., Aneesha A. Rai

Honors Theses

This study focuses on the impact of Quantitative Easing measures done by the Federal Reserve and its impact on the U.S.A, with a focus on interest rates, financial markets and economic activity. The Quantitative Easing measures studied are Operation Twist, Quantitative Easing I as well as Quantitative Easing II. The secondary research is conducted using event studies, and different perspectives of economists have been taken into consideration. The answer whether further quantitative easing should be pursued by the Federal Reserve is debated. A different step-by-step view is given into reasons as to why this quantitative easing has been pursued. A …

Three Essays On Banking Foreign Direct Investment, Tamrat Workalemahu Gashaw

Dissertations

This dissertation investigates three aspects of banking foreign direct investment (BFDI). One striking development in the banking sector over the past two decades is the significant increase in BFDI. Multinational banks are now major players in the global financial system in terms of their asset positions, loan amounts, and operational scales. Despite this significant trend in BFDI, few empirical studies exist explaining observed international BFDI trends.

The first essay investigates the factors determining a bank’s decision to invest abroad. I first develop a two-asset portfolio selection model to identify determinant factors, and then employ a three-way error component model for …

A New Non-Parametric Test For Umbrella Alternatives, Gilbert Ngwa Muma

Dissertations

The Mann-Whitney statistics have commonly been used as a building block for many tests involving ordered and umbrella alternatives. Such tests are based on pair wise information that is obtained from all Ck 2 pairs of samples. This dissertation introduces a new nonparametric test for testing umbrella alternatives in a completely randomized one way design. This test is based on information obtained from a subset of the Ck 3 trios of samples. Unlike most existing tests for umbrella alternatives, the new test lays emphasis on the importance of testing across the peak of the umbrella, thereby rendering the new test …