Economics Commons^™

Essays On International Risk-Return Trade-Off Relations, Liang Meng

Finance Theses & Dissertations

This dissertation consists of two essays on the international risk-return trade-off relations. The first essay is titled “The Role of the US Market on International Risk-Return Trade-Off Relations” and the second essay is titled “The Role of Investor Sentiment on International Risk-Return Trade-Off Relations”.

In our first essay, we study the intertemporal risk-return trade-off relations based on returns from 18 international markets. Our main contribution is that we find the US market plays an important role affecting the international risk-return trade-off. We present striking new empirical evidence that the inclusion of US market variables significantly changes the estimated risk-return trade-off …

Three Essays On Dividend Policy, Mehmet Deren Caliskan

Finance Theses & Dissertations

This dissertation considers paying earnings out as dividends a conservative policy as opposed to investing earnings in to value-increasing projects. Based on this view, this dissertation explores the effect of chief executive officers’ (CEO) risk preferences on dividend policy, market’s reaction to dividend policy changes, and the effect of dividend policy on firm financial distress. The first chapter hypothesizes that risk seeking CEOs will be less likely to pay dividends compared to conservative CEOs. The second chapter hypothesizes that when the market sentiment is high (i.e., when investors are willing to take risk) firms that omit dividends should outperform the …

Purchasing Power: An Exploration Of Predictors Of Political Participation And Political Consumerism, Sara Resnick

Sociology & Criminal Justice Theses & Dissertations

Democracy depends on the active participation of at least some citizens. Many researchers argue that the number of people who participate in civic and political life has declined since the 1970's; however, others argue that new methods of participation are not being considered. New ways of thinking about citizenship, more individualized ways of participating in politics, and the intersection of political expression and the free market have created ways for individuals to engage in political and civic life that are not measured by existing conceptualizations of political participation. Political consumerism is one way to conceptualize at least some of the …

Motivation And The Poor Worker, Charles Barry Pfitzner

Economics Theses & Dissertations

No abstract.