Open Access. Powered by Scholars. Published by Universities.®
- Institution
-
- Chulalongkorn University (40)
- Walden University (33)
- Universidad de La Salle (8)
- Utah State University (8)
- University of New Hampshire (7)
-
- Air Force Institute of Technology (6)
- Singapore Management University (6)
- University of Kentucky (6)
- University of Texas at El Paso (6)
- Claremont Colleges (4)
- Old Dominion University (4)
- University of Arkansas, Fayetteville (4)
- University of South Florida (4)
- University of Texas at Arlington (4)
- City University of New York (CUNY) (3)
- Sacred Heart University (3)
- The University of Akron (3)
- University of Mississippi (3)
- University of Missouri, St. Louis (3)
- University of South Carolina (3)
- University of Tennessee, Knoxville (3)
- Washington University in St. Louis (3)
- American University in Cairo (2)
- Bentley University (2)
- Kennesaw State University (2)
- Louisiana State University (2)
- The University of Southern Mississippi (2)
- University of Texas Rio Grande Valley (2)
- Assumption University (1)
- Brigham Young University (1)
- Keyword
-
- Finance (12)
- Financial Literacy (5)
- Entrepreneurship (4)
- Financial literacy (4)
- Gender (4)
-
- Governance (4)
- Investments (4)
- Real Estate (4)
- Small business (4)
- Volatility (4)
- CSR (3)
- Compensation (3)
- Machine learning (3)
- Regulation (3)
- Risk (3)
- Stocks (3)
- Sustainability (3)
- Accounting (2)
- Alternatives (2)
- Asset Pricing (2)
- Banks (2)
- Black-Scholes (2)
- CEO (2)
- COVID-19 (2)
- China (2)
- Corporate governance (2)
- Cost estimating (2)
- Culture (2)
- Diversification (2)
- Econometrics (2)
- Publication
-
- Chulalongkorn University Theses and Dissertations (Chula ETD) (40)
- Walden Dissertations and Doctoral Studies (33)
- Theses and Dissertations (12)
- All Graduate Plan B and other Reports, Spring 1920 to Spring 2023 (8)
- Honors Theses (8)
-
- Honors Theses and Capstones (7)
- Dissertations and Theses Collection (Open Access) (6)
- Finanzas y Comercio Internacional (6)
- Open Access Theses & Dissertations (6)
- CMC Senior Theses (4)
- Finance and Real Estate Dissertations (4)
- Theses and Dissertations in Business Administration (4)
- USF Tampa Graduate Theses and Dissertations (4)
- Dissertations (3)
- Doctoral Dissertations (DBA) (3)
- Graduate Theses and Dissertations (3)
- Senior Theses (3)
- Undergraduate Honors Theses (3)
- Williams Honors College, Honors Research Projects (3)
- 2020 (2)
- Chancellor’s Honors Program Projects (2)
- Dissertations, Theses, and Capstone Projects (2)
- Doctor of Business Administration Dissertations (2)
- Doctor of Data Science and Analytics Dissertations (2)
- Theses and Dissertations--Economics (2)
- Theses and Dissertations--Finance and Quantitative Methods (2)
- Arts & Sciences Electronic Theses and Dissertations (1)
- Business and Economics Honors Papers (1)
- Capstones (1)
- Communication Studies (1)
Articles 1 - 30 of 200
Full-Text Articles in Business
Social Determinants Of Health: The Impact On Health Outcomes And Hospital Profitability, Danielle Mcpherson
Social Determinants Of Health: The Impact On Health Outcomes And Hospital Profitability, Danielle Mcpherson
Doctor of Business Administration Dissertations
Hospitals are experiencing decreasing profitability due to increasing healthcare cost. In this paper, I demonstrate that there is financial value to hospitals by addressing social determinants of health (SDOH) as this strategy improves health outcomes and yields cost savings. I estimate the impact of SDOH on the health outcomes using an IV probit regression analysis and estimated the impact of health outcomes on cost using a basic linear regression. I estimate that improving SDOH by one standard deviation will result in hospital cost savings as follows: addressing Violent Crime will decrease hospital cost between 0.16% and 0.21%, addressing Supplemental Nutrition …
Retirement Readiness Under The Gig Economy, Laila Hmaidan
Retirement Readiness Under The Gig Economy, Laila Hmaidan
Capstones
This piece looks at the implications of retirement savings for Americans under the changing work environment, more specifically, the gig economy. Currently, 34% of Americans engage in some form of gig or short-term work. Those who engage in gig work as their main job, have far fewer savings set aside for retirement. Additionally, these types of jobs don’t give workers access to tax-advantaged retirement accounts.
https://leilahmaidan.github.io/JOBS-CORONA/
Women Who Dared: Female Entrepreneurs Defy Odds To Start Businesses During Covid-19, Kinza Tahir
Women Who Dared: Female Entrepreneurs Defy Odds To Start Businesses During Covid-19, Kinza Tahir
MSJ Capstone Projects
With leadership roles being increasingly won by women all over the world, society benefits in all aspects especially economically when women earn incomes. In the trying times of the COVID-19 pandemic, many women usually perceived as second class citizens of Pakistan have started their own ventures amidst the pandemic.
Otter Tail Corporation, Heather Strese
Otter Tail Corporation, Heather Strese
Dissertations, Theses, and Projects
In my valuation model I gathered Otter Tail Corporation’s financial statements, historical and industry data, public information and ratio analysis from Mergent Online, Yahoo Finance and Otter Tail Corporation’s 2018 annual report. I discount the expected free cash flows at the WACC and estimate that Otter Tail Corporation’s stock is price is at USD 56.36 per share as of November 1st, 2019, given the small difference between my estimated price per share and the current price per share in the market, and consistent with the EV/EBITDA multiple, I recommend a HOLD on the stock of the company.
Testing Investment Strategies For Superior Predictive Ability, Jack K. Baldwin
Testing Investment Strategies For Superior Predictive Ability, Jack K. Baldwin
All Graduate Plan B and other Reports, Spring 1920 to Spring 2023
When different models are tested on one data sample and repeatedly altered in order to be found significant, the results are likely spurious. This is data-snooping – an ever-growing problem in the finance industry likely due to fierce competition and developments in data processing capacity. In academia, although recognized as a deplorable practice, data-snooping is likewise pervasive perhaps as a result of poor incentive structures at both the university and publisher levels. I manifest the problem of data-snooping through multiple academic and industry examples and then summarize Halbert White and Peter Hansen’s offered solutions, White’s Reality Check and Hansen’s Test …
Insider Trading Enforcement And The Private Information Environment: Evidence From The Newman Ruling, Andrew T. Pierce
Insider Trading Enforcement And The Private Information Environment: Evidence From The Newman Ruling, Andrew T. Pierce
Graduate Theses and Dissertations
I exploit a shock to U.S. insider trading law to investigate whether a reduction in the enforceability of tipper-tippee insider trading restrictions leads to changes in information parity among investors and the efficiency of price discovery. The December 2014 Federal Second Circuit Court of Appeals ruling in US v. Newman constrained enforcement by restricting the types of exchanges between managers and investors that trigger tipper-tippee insider trading liability. Following Newman, I find that Second Circuit hedge funds experienced a significant increase in their stock picking ability of Second Circuit stocks in terms of preempting future earnings announcement returns and future …
Noise Traders, Fintech, And Equity Market Volatility, William T. Collins
Noise Traders, Fintech, And Equity Market Volatility, William T. Collins
Honors College Theses
The literature provides ample evidence that the last decades have seen an increase in noise trader activities, in part driven by the development of fintech. This paper strives to educate readers on the term noise traders as well as fintech. Moreover, it argues that the evolvement of noise trader activities accompanied with fintech has increased equity market volatility over time. The study finds that equity market volatility has indeed increased over time and is not driven by periods of crisis. Furthermore, this increase in volatility is more severe for small stocks versus large stocks, which is in line with the …
Do User-Generated Ratings Affect Hotel Valuations? – An Analysis Of The Chicago Hotel Market, Shailesh Patel
Do User-Generated Ratings Affect Hotel Valuations? – An Analysis Of The Chicago Hotel Market, Shailesh Patel
Dissertations
Today’s travelers are increasingly relying on aggregated online opinions to make purchase decisions. One of the sectors most impacted by these online reviews is the hospitality industry, where consumer review websites such as TripAdvisor, Expedia, and Bookings.com play a critical role in influencing consumer's choice of hotel and the price they will pay for the room. Recently, there have been studies investigating the various aspects of user-generated online reviews and ratings. The purpose of this paper is to investigate the impact of user-generated ratings on hotel valuations. Our paper does this using regression analysis to study the impact of TripAdvisor …
Investment Advisor Succession Planning: Attitudes, Norms, And Control, Don Mueth
Investment Advisor Succession Planning: Attitudes, Norms, And Control, Don Mueth
Dissertations
This study investigated succession planning intentions of investment advisors who lead their small businesses. We employed the theory of planned behavior to better understand the attitudes, norms and perceptions of control that impact these business leaders’ intentions to plan. Our research included a pilot study of interviews with 10 investment advisors and a main study of advisor survey responses. With a sample size of 198 participants, we analyzed survey responses measuring traditional TPB constructs as well as involvement in outside activities. Using two-step structural equation modeling, our model fit was acceptable, and our results supported our hypotheses that beliefs, attitudes, …
Work Motivation In Wealth Management: The Role Of Self Determination Theory, Mark J. Mattia
Work Motivation In Wealth Management: The Role Of Self Determination Theory, Mark J. Mattia
USF Tampa Graduate Theses and Dissertations
In this paper, we use Self Determination Theory (Ryan & Deci, 2000A, Deci & Ryan, 2008) as the underlying theory to help determine the factors that may influence wealth advisors to consider leaving (or being committed) to their positions. Baard et al. (2004) established that Self-determination theory was relevant to motivation in the workplace. This quantitative study utilizes a survey instrument that incorporates many already proven reliable and valid items from Self-determination Theory to better understand the wealth advisor work motivation framework. This topic is important within financial services since positive work motivation has been tied to positive work outcomes …
Plan De Importación De Máquinas De Inspección Por Rayos X Para La Empresa D.A.S.I. Electrónicos S.A.S. Bogotá, Colombia., Diana Alejandra Enciso Espitia
Plan De Importación De Máquinas De Inspección Por Rayos X Para La Empresa D.A.S.I. Electrónicos S.A.S. Bogotá, Colombia., Diana Alejandra Enciso Espitia
Finanzas y Comercio Internacional
El comercio internacional como fuente de oportunidades para el desarrollo de los negocios, es un potencial impulsor para las Pymes, las cuales desconocen de cierta forma las ventajas de acceder a los mercados internacionales; bien puede ser por falta de capacidades financieras, administrativas, técnicas, logísticas o sencillamente por falta de vocación internacional. Por ello, la empresa DASI Electrónicos SAS propone encontrar un socio comercial internacional, que le permita crear alianzas estratégicas para potencializar sus procesos productivos, comerciales y así proporcionar un servicio especializado que mejore la productividad de las empresas relacionadas.
La presente investigación es de carácter explicativo, porque busco …
An Examination Of Optimal Level Of Ceo Narcissism: Why, How, And When Narcissism Impacts Firm Performance, Scott Boswell
An Examination Of Optimal Level Of Ceo Narcissism: Why, How, And When Narcissism Impacts Firm Performance, Scott Boswell
Dissertations
Chief Executive Officers (CEOs) may have narcissistic tendencies that impact the firm and its performance. We explore the definition of narcissism, how it is measured, and when it might be optimal or harmful to the firm’s performance. Leaders exhibiting higher scores on one or more Dark Triad traits often are viewed negatively both inside and outside the firm. Should such negative perceptions disqualify a leader who displays a measure of a Dark Triad trait? This research answers the primary question, is there an optimal level of CEO narcissistic traits and if so, are there moderating factors that impact the level? …
The Warren Buffett Project: A Qualitative Study On Warren Buffett, Christian G. Koch
The Warren Buffett Project: A Qualitative Study On Warren Buffett, Christian G. Koch
USF Tampa Graduate Theses and Dissertations
Engaged scholarship focuses on real-world problems. The purpose of my research is to understand why Warren Buffett and his investment principles are not taught systematically in institutions where people are being prepared as investment and finance professionals. The rationale for the study was to answer the research question: What major themes can be extracted from the Warren Buffett Archive?
I used a qualitative research analytic method called thematic analysis used by Braun and Clarke (2006). The research includes 11 years of coded transcripts from Buffett speaking at his annual shareholders meetings. An interval of every two years was selected, which …
State-Contingent Overconfidence : Application To Bank Loans, Sze Nam Chan
State-Contingent Overconfidence : Application To Bank Loans, Sze Nam Chan
Lingnan Theses (MPhil & PhD)
Overconfidence (arrogance or overestimation of one’s ability) has often been viewed in the finance literature as a character trait that is stable over time. This paper, however, provides a first attempt to show that overconfidence can be state-contingent, that is, the level of overconfidence among overconfident individuals could be influenced by an external shock such as a financial crisis and a change in regulation, for example, the adoption of Sarbanes-Oxley Act (SOX). Both our experimental (based on psychological approach on over-precision) and empirical results using more than 4500 manager-year observations through controlling different personal and firm characteristics show that individual …
Research On The Impact Of Venture Capital On The Operating Performance Of Startups, Ziqiang Sun
Research On The Impact Of Venture Capital On The Operating Performance Of Startups, Ziqiang Sun
Dissertations and Theses Collection (Open Access)
Venture capital can not only realize its own capital appreciation, but also promote the development of startups and boost the development of high-tech industries; therefore, it has obvious positive externalities. With the development of venture capital in China, the impact of venture capital on the operating performance of startups gradually attracts widespread attention.
This paper investigates the impact of venture capital on the operating performance of startups and conducts an in-depth discussion on the problem formulation, empirical relationship, cause and effect analysis, and countermeasure suggestions. The main research contents include:
The first part is the introduction, which analyzes the research …
Essays On Corporate Sustainability, Aditya Malateesh Kashikar
Essays On Corporate Sustainability, Aditya Malateesh Kashikar
Dissertations, Theses, and Capstone Projects
The dissertation provides an extensive literature review of topics in Corporate Sustainability. It further examines two key topics: ESG Pay and ESG Investing. For ESG Pay, I examine Bloomberg’s ESG linked pay measure using the largest panel (to date). I confirm several important results from the nascent literature on ESG Pay. Firstly, I find that Country and Industry play a major role in determining ESG Pay adoption. Secondly, among firm characteristics, Big and Value firms tend to have a greater probability of adopting ESG Pay. Thirdly, higher ESG scores increase the chance of ESG Pay adoption in the subsequent year. …
Does Debt Matter? Empirical Analysis Of Sovereign Debt Default, Juan Pablo Espinosa
Does Debt Matter? Empirical Analysis Of Sovereign Debt Default, Juan Pablo Espinosa
Doctor of Business Administration Dissertations
Sovereign debt default can have significant economic, social, and reputational costs. For this reason, policy makers across the globe are constantly trying to balance fiscal policy and economic growth. Many of them, however, are still unable to do so and fall into sovereign debt default. This research paper looks at 52 sample countries from 1980 to 2018 and examines whether sovereign debt default can be explained by the gap between GDP growth and interest rates and/or debt-to-GDP levels. Through a series of empirical analysis, I find that if GDP growth is higher than interest rates, risk of default is typically …
Industry Stock Prices Around Covid-19, Daniel Cardall
Industry Stock Prices Around Covid-19, Daniel Cardall
All Graduate Plan B and other Reports, Spring 1920 to Spring 2023
In this study, I examine how market participants respond to global uncertainty around the Covid-19 pandemic. More specifically, I analyze the industries most affected by the outbreak. The pandemic has created events never before seen at such a global level. Governments closed their country’s borders and quarantined their residents. Business owners closed their doors. These unforeseen events put the world economy at a standstill. I find that these decisions caused the U.S. stock markets to crash by more than 30%. The industries that experienced the most negative value-weighted abnormal returns were Carry, Meals, and Books. The industries that exhibited the …
Reexamining Metallgesellschaft’S Hedging Policy: Does Anything Beat A One-For-One Hedge Ratio?, Christopher Haddock
Reexamining Metallgesellschaft’S Hedging Policy: Does Anything Beat A One-For-One Hedge Ratio?, Christopher Haddock
All Graduate Plan B and other Reports, Spring 1920 to Spring 2023
There has been significant debate surrounding Metallgesellschaft's derivatives based fixed-price marketing strategy. Most of this debate relates to Metallgesellschaft's choice to use a one-for-one hedge ratio instead of an alternative hedge ratio optimized for risk management. I contribute to this discussion by reexamining the hedging strategy of Metallgesellschaft and use the Test for Superior Predictive Ability to determine whether any hedge ratio less than one outperforms the one-for-one hedge utilized by Metallgesellschaft.
Essays On Investor Attention And Information Acquisition, Charles A. Lambert
Essays On Investor Attention And Information Acquisition, Charles A. Lambert
Doctoral Dissertations
This dissertation examines the relation between capital market participants’ attention to fundamental information and capital market outcomes. The first essay examines whether investors’ attention to fundamental information helps predict mercer and acquisition activity. The second essay examines the impact of passive ownership on the acquisition of fundamental information.
Risk Control System Construction Of China’S Equity Crowdfunding Platforms: A Comparative Study On The Differences Between Equity Crowdfunding And Traditional Venture Capital Investment, Wentao Bai
Dissertations and Theses Collection (Open Access)
Equity crowdfunding is a new type of public financing activity realized by Internet technology with small single investments funds, which is different from traditional venture capital. It greatly solves the equity investment problem of middle-class people and the difficulties of small and medium-sized enterprises and start-ups in financing. It is also conducive to the construction of multi-level capital market, and the healthy development of national financial system. Due to the advantages of equity crowdfunding, the global equity crowdfunding market has developed rapidly in recent years. Unfortunately, China's formal legislation on equity crowdfunding has not been introduced yet. Each platform can …
Reinforcement Learning For Dynamic Futures Hedging, Evan Bullard
Reinforcement Learning For Dynamic Futures Hedging, Evan Bullard
All Graduate Plan B and other Reports, Spring 1920 to Spring 2023
This paper focuses on oil hedging using near month crude oil futures. Hedging may allow a firm to reduce risks and focus on areas of comparative advantage. Hedging requires a firm to estimate ex-ante the correct hedge ratio. The portfolio optimization framework allows for OLS to be applied to the estimation of a hedge ratio. Reinforcement Learning is another method available to hedgers to estimate a hedge ratio. Three strategies using econometric tools and one using Reinforcement Learning are estimated and tested against 2019 oil price data.
Mass Shootings And The Performance Of Tourism Stocks, Marshall Deem
Mass Shootings And The Performance Of Tourism Stocks, Marshall Deem
All Graduate Plan B and other Reports, Spring 1920 to Spring 2023
This study investigates the effects of mass shooting events on the performance of the tourism industry within the United States. The results of the study show that outside of the market-wide returns, the performance of tourism stocks is negatively impacted after a large-scale mass shooting event. Furthermore, when separating extreme outliers in the data such as the Las Vegas Mandalay Bay shooting, the results of the study find that tourism stocks surrounding other large-scale mass shootings are significantly negative. Overall, the results of the study demonstrate a negative response in the tourism industry to large-scale mass shootings.
Black-Scholes And Neural Networks, Gabriel Adams
Black-Scholes And Neural Networks, Gabriel Adams
All Graduate Plan B and other Reports, Spring 1920 to Spring 2023
Neural networks have been proven to be universal approximators. We use neural networks to investigate the relationship between the quality of input data and the quality of outputted predictions from a neural network. We show that neural networks perform better on option pricing data with quality data and perform worse with lower quality data.
Three Essays On Market Anomalies And Financial Econometrics, Junyong Kim
Three Essays On Market Anomalies And Financial Econometrics, Junyong Kim
Theses and Dissertations
This dissertation consists of two chapters about the momentum and idiosyncratic volatility anomalies, respectively, and one chapter about estimating clustered standard errors.
Chapter 1, Flights to Quality and Momentum Crashes, relates crashes of momentum strategies in stock markets around the world to investor behavior called flight to quality phenomena. The momentum crashes, defined as extremely negative returns of momentum portfolios, occur in most developed stock markets and are centered in economic recovery periods after recessions. I find that their negative returns and negative market betas are associated with investor behavior known as flights to quality (FTQ). Low quality—i.e., high default …
The Relative Industry Specific Effects Of Covid-19 On Market Volatility And Liquidity, Callin Christensen
The Relative Industry Specific Effects Of Covid-19 On Market Volatility And Liquidity, Callin Christensen
All Graduate Plan B and other Reports, Spring 1920 to Spring 2023
Understanding how historical events affect market volatility and liquidity can provide crucial information to financial analysts, investment professionals, and managers in the event that similar circumstances resurface. In this study, I look at how a global pandemic (COVID-19) can introduce frictions into the market and cause disrupt the generation or flow of available information, this could cause prices to deviate significantly from their equilibrium values. I also hypothesize that these inefficiencies may have a greater effect on some industries than others. My analysis seems to confirm this hypothesis. I observe that the global COVID-19 pandemic leads to statistically significant increases …
Corporate Cash Holdings, Firm Performance, And Ceo Compensation, Dhruba Banjade
Corporate Cash Holdings, Firm Performance, And Ceo Compensation, Dhruba Banjade
Finance and Real Estate Dissertations
The dissertation consists of three essays. The first essay investigates the relationship between corporate cash holdings and firm performance in new and old economy firms. Results show that firm performance increases when they maintain cash balances at or slightly above a certain level (optimum level). However, their performance degrades if they hold cash at levels beyond the optimum. Furthermore, I find that new economy firms hold more cash relative to their old economy counterparts. Corporate governance and balanced board structure also impact cash holdings and firm performance. I find that as institutional ownership increases, firm performance increases due to better …
Mutual Funds: Governance And Holdings, Jason Morrison
Mutual Funds: Governance And Holdings, Jason Morrison
Finance and Real Estate Dissertations
In this dissertation I examine the role of governance and holdings within the mutual funds industry to determine if active managed fund strategies are affecting fund flows and increasing returns. My first two essays focus on dividend juicing and the results of this strategy and the types of boards of directors that would allow this strategy to be implemented. My third essay focuses on the concentration of holdings and the effect on the overall fund performance. I use hand collected data on the governance characteristics of the board of directors as well as the economic data and holdings of the …
The Effect Of Investor Sentiment On Earnings Management, Lin Chen
The Effect Of Investor Sentiment On Earnings Management, Lin Chen
Finance and Real Estate Dissertations
The association between investor sentiment and corporate reporting decisions/outcomes has been recently examined in the accounting and finance literature. As an important outcome of corporate reporting decisions, earnings management (EM) may be affected by investor sentiment. In this dissertation, I examine two research questions. The first is whether investor sentiment is associated with the propensity of firms’ engaging in the two primary forms of EM: accrual earnings management (AEM) and real earnings management (REM). The second question is whether firms’ internal governance strength and external audit quality would moderate the association between investor sentiment and AEM as well as REM. …
The Effects Of Ceo Dismissal Risk And Skills On Risky Corporate Decisions And Ceo Compensation, Son T. Dang
The Effects Of Ceo Dismissal Risk And Skills On Risky Corporate Decisions And Ceo Compensation, Son T. Dang
Theses and Dissertations in Business Administration
This dissertation consists of three distinct essays on the effects of CEO dismissal risk on M&A megadeal decisions, the association between CEO compensation and generalist managerial ability in the presence of CEO dismissal risk, and the alignment of the initial compensation of new CEOs following CEO dismissals with their managerial ability.
In Essay 1, I study the link between CEO dismissal risk and risky M&A decisions and find that higher-dismissal-risk CEOs engage in more M&A megadeals than their counterparts. Such megadeal transactions lead to lower acquirer post-M&A abnormal returns, suggesting that risky investment decisions are driven by CEOs’ career concerns. …