The Cost Of Culture The Impact Of National Culture On The Pass-Through Of Commodity Shocks,
2013
Bryant University
The Cost Of Culture The Impact Of National Culture On The Pass-Through Of Commodity Shocks, Christine Gerrity
Honors Projects in Finance
This study analyzes the impact of national culture on the pass-through of commodity price shocks to retail goods. In particular, this study explores the commodities of coffee, cotton and steel. Through the use of regression analysis, this study looks to determine the relationship between two key predictive variables: risk tolerance of a country and commodity shocks within a company’s associated commodity market, and their impact on the value of companies within that country. Additional factors are explored at the firm financial level and the firm country level. The purpose of this study is to examine if consumers of one country …
Initial Public Offerings In The Microfinance Industry: Does A Mission Drift Occur?,
2013
Bryant University
Initial Public Offerings In The Microfinance Industry: Does A Mission Drift Occur?, Sarah Segill
Honors Projects in Finance
This thesis analyzes whether or not there is a mission drift when microfinance organizations become publicly traded entities. One of the most debated criticisms of microfinance institutions (MFIs) today involves becoming for-profit organizations in attempt to raise more capital. Donor funding is limited for non-profit organizations and does not give an MFI much room to grow to serve a maximal number of people. The entry of for-profit microfinance institutions has a great deal of possibility in terms of generating scale, efficiency and innovation. Yet these for-profit institutions can easily lose track of their social mission to serve the poor and …
The Impact Of New Product Announcements On Quick Service Restaurant Companies’ Stock Returns,
2013
Bryant University
The Impact Of New Product Announcements On Quick Service Restaurant Companies’ Stock Returns, Tim Drechsler-Martell
Honors Projects in Finance
This study seeks to answer two main questions: 1) Do product announcements impact quick service restaurant stock returns? 2) Do economic conditions impact the degree which product announcements impact quick service restaurant stock returns? 159 total product announcements were collected for 6 quick service companies: McDonald’s Corp., YUM! Brands Inc., The Wendy’s Co., AFC Enterprises Inc., Jack in the Box Inc., and Sonic Corp. 84 of these announcements were from 2005-2007 (Labeled “Pre-Recession”), and 75 were from 2009-2011 (Labeled “Post-Recession”). Using historical stock price data, an analysis of the overall trends of the mean-adjusted excess returns was conducted to determine …
Efficient Markets?,
2013
Butler University
Efficient Markets?, Steven D. Dolvin
All Chapters
Market efficiency comprises two aspects. First, markets respond quickly to new information. Secondly, and often overlooked, the market responds accurately to this information. The recent twitter hoax (See article here, USA Today) is just one example of the market responding quickly to new information. Whether it is accurate or not is where the debate rages.
Bowling Green Gas, Oil And Refining Company - Bowling Green, Kentucky (Sc 2700),
2013
Western Kentucky University
Bowling Green Gas, Oil And Refining Company - Bowling Green, Kentucky (Sc 2700), Manuscripts & Folklife Archives
Manuscript Collection Finding Aids
Finding aid and scans (Click on "Additional Files" below) for Manuscripts Small Collection 2700. Three certificates for shares of stock in the Bowling Green Gas, Oil and Refining Company, Bowling Green, Kentucky, and a subscription form for stock in the Consolidated Oil Corporation.
Circuit Breakers,
2013
Butler University
Circuit Breakers, Steven D. Dolvin
All Chapters
Following the "Flash Crash" in 2010, the SEC implemented new trading curbs. Following continued discussion, these curbs have been updated once again--for both individual stocks and the market as a whole. See this Bloomberg article and this NYSE summary.
Diversification In Hedge Fund Portfolios,
2013
Singapore Management University
Diversification In Hedge Fund Portfolios, Melvyn Teo
Research Collection BNP Paribas Hedge Fund Centre
We explore the diversification benefits of increasing the number of hedge funds in an investment portfolio. Conventional wisdom suggests that investors should construct a portfolio of 20 to 30 hedge funds in order to achieve a reasonably low portfolio variance. We show using Monte Carlo simulations that the marginal benefit of including an additional hedge fund in a fund portfolio diminishes significantly once the number of hedge funds increases beyond ten. Specifically, the annualized standard deviation of a fund portfolio diminishes from 16.55 percent to 7.40 percent as we increase the number of funds from one to ten. However, the …
Finances & Algebra Too!,
2013
Wofford College
Finances & Algebra Too!, Anne J. Catlla, Jonathan Foster, Charlene Frazier
Arthur Vining Davis High Impact Fellows Projects
The focus of this project is to provide an application-based approach to teaching algebra 2. Students will study algebraic concepts and functions through the lens of personal finance. After each unit of study, students will complete a financial application project that will go into each student’s “financial” portfolio.
Efinancial Health: Discovering Synergies In The Promotion Of Physical, Mental, And Financial Health,
2013
Dyson College of Arts and Sciences, Pace University
Efinancial Health: Discovering Synergies In The Promotion Of Physical, Mental, And Financial Health, Nan Taylor
Cornerstone 1 Reports : Expansion and Enhancements of the Thinkfinity Platform
No abstract provided.
Ratings & Downgrades: Opportunities In A Spooked Market,
2013
Singapore Management University
Ratings & Downgrades: Opportunities In A Spooked Market, Singapore Management University
Perspectives@SMU
The ratings downgrades that are spooking many of the developed economies might hold promise for Asia in the long-term, although some of the region’s newer economies will need to get their political houses in order to get a credit rating, says Professor Annie Koh.
The Archway Investment Fund Semi Annual Report, Spring 2013,
2013
Bryant University
The Archway Investment Fund Semi Annual Report, Spring 2013, Bryant University, Archway Investment Fund
Archway Investment Fund
No abstract provided.
Revenue Diversification And 501 (C) 6 Nonprofit Trade Associations: Technology Councils Of North American And The Pittsburgh Technology Council,
2013
Binghamton University--SUNY
Revenue Diversification And 501 (C) 6 Nonprofit Trade Associations: Technology Councils Of North American And The Pittsburgh Technology Council, Reuben Dacher-Shapiro
MPA Capstone Projects 2006 - 2015
Since 2009 the Pittsburgh Technology Council (PTC) has been experiencing a decrease in the revenue they generate from the sale of insurance to its members. This decrease is a significant problem because it is non-program related unrestricted revenue. This type of revenue is vital for PTC because it allows them to constantly adapt to the needs of their members in the volatile economic environment of the Southwestern Pennsylvania technology sector.
Patron-Driven Acquisition Optimization At Liberty University,
2013
Liberty University
Patron-Driven Acquisition Optimization At Liberty University, Erin Crane, Lori Snyder
Faculty Publications and Presentations
In 2010 Liberty University began a Patron-Driven Acquisition pilot program with ebrary. Since then, the program has grown dramatically. The presenters describe how the library uses past usage data to create a predictive formula for ebook use. New ebook titles were added to the program based on formula selections. Success of the formula was evaluated, and overall the results are positive. The presenters also explain how the library handles the purchasing and cataloging of the ebooks.
American Consumer Confidence & Income: Relationship With The Stock Market,
2013
University of New Hampshire - Main Campus
American Consumer Confidence & Income: Relationship With The Stock Market, Caitlin C. Tappan
Honors Theses and Capstones
No abstract provided.
Suntrust Portfolio Recommendations: Crummer Investment Management [2013],
2013
Rollins College
Suntrust Portfolio Recommendations: Crummer Investment Management [2013], Soumya Terala, Peter Harvey, Kevin Mayo, Bhawna Talwar, Pankaj Patil, Chris Enger
Crummer Truist Portfolios
We believe that the U.S. economy will continue growing modestly through 2013 and pick up speed in 2014. We have positioned the portfolio to take advantage of a slowly growing economy by slightly over-weighting the consumer discretionary, energy, industrials, technology, and health care sectors as these have traditionally benefited from recoveries. Accordingly, the consumer durables, financials, materials, telecommunications, and utilities sectors were under-weighted. Although the future is unusually cloudy, we reached this conclusion based on expected economic growth rates, favorable market P/E ratios and continued low interest rates.
Three Essays On Corporate Liquidity, Financial Crisis, And Real Estate,
2013
Old Dominion University
Three Essays On Corporate Liquidity, Financial Crisis, And Real Estate, Kimberly Fowler Luchtenberg
Theses and Dissertations in Business Administration
The first essay examines why firms with access to lines of credit (LOC) have different drawdowns and their implications for asset pricing, investment and profitability. Utilizing a hand-collected LOC dataset that extends the sample of Sufi (2009) to 2010, our principal finding is that firms with greater LOC usage are more financially constrained than firms with lower LOC usage. We also document that high users of credit lines have higher risk-adjusted returns, less investment in capital expenditures and employment, and lower profitability than low LOC users. An interesting implication of our evidence is that high LOC drawdowns could serve as …
Uncovering Hedge Fund Skill From The Portfolio Holdings They Hide,
2013
Georgia State University
Uncovering Hedge Fund Skill From The Portfolio Holdings They Hide, Vikas Agarwal, Wei Jiang, Yuehua Tang, Baozhong Yang
Research Collection Lee Kong Chian School Of Business
This paper studies the “confidential holdings” of institutional investors, especially hedge funds, where the quarter-end equity holdings are disclosed with a delay through amendments to Form 13F and are usually excluded from the standard databases. Funds managing large risky portfolios with nonconventional strategies seek confidentiality more frequently. Stocks in these holdings are disproportionately associated with information-sensitive events or share characteristics indicating greater information asymmetry. Confidential holdings exhibit superior performance up to 12 months, and tend to take longer to build. Together the evidence supports private information and the associated price impact as the dominant motives for confidentiality.
Can Us Economic Variables Predict Chinese Stock Market?,
2013
Singapore Management University
Can Us Economic Variables Predict Chinese Stock Market?, Jeremy C. Goh, Fuwei Jiang, Jun Tu, Yuchen Wang
Research Collection Lee Kong Chian School Of Business
In the last few decades, we observed a significant increase in global economic activities and these activities may have an impact on both China’s economy and stock market. Given the potential impact, we empirically examine whether US economic variables are leading indicators of the Chinese stock market. Prior to China joining the World Trade Organization (WTO) in the end of 2001, we find no statistical relationship between US economic variables and the Chinese stock market returns. However, we find US economic variables have statistically significant predictive power for periods after China's admission into the WTO. In addition, we show that …
What Causes Bank Failures During The Recent Economic Recession?,
2013
Illinois Wesleyan University
What Causes Bank Failures During The Recent Economic Recession?, Qingyu Li
Honors Projects
More than 400 banks failed during the recent financial crisis. Bank failures have a significant impact on the financial system and the economy as a whole. It is important to identify factors that may contribute to bank failures so that banks can take measures to reduce their default risk. This paper examines how bank specific characteristics and economic conditions affect bank failures during the recent financial crisis. We employ the logistic regression model to study this issue using the U. S. commercial bank data over the sample period 2007-2012. We find that the ratio of the loan and leases to …
Hill, J. Murray, Sr., 1891-1961 (Sc 963),
2013
Western Kentucky University
Hill, J. Murray, Sr., 1891-1961 (Sc 963), Manuscripts & Folklife Archives
Manuscript Collection Finding Aids
Finding aid and scans (Click on "Additional Files" below) for Manuscripts Small Collection 963. Letters, 1918, written by prominent Bowling Green, Kentucky, businessmen, attesting to the good character and competencies of J. Murray Hill, Sr. Also Warren Rural Electric Cooperative Corporation, Bowling Green, stock certificate, 1942.
