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Social and Behavioral Sciences Commons™
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Articles 1 - 12 of 12
Full-Text Articles in Social and Behavioral Sciences
Esg Reporting And Its Effect On Financial Performance Of Oil, Gas, And Utility Companies In The United States, Logan Lam
Honors Theses
According to the Harvard Business Review article ESG Investing Isn’t Designed to Save the Plant (Pucker and King 2022), the term ESG investments – which stands for environmental, social, and governance investing – often confuses investors because it is unregulated. Additionally, the author continued to claim that the data is outdated and mostly unaudited. Even if data on these investments is available to investors, it can still be challenging for them to make decisions regarding ESG. Trusting compatibility and accuracy can be difficult considering that companies can choose how to produce or calculate their own ESG data. Another claim that …
Finance And Fear: Sentiment, Media, And Financial Markets During The Covid-19 Pandemic, Alison N. Sommers
Finance And Fear: Sentiment, Media, And Financial Markets During The Covid-19 Pandemic, Alison N. Sommers
Honors Theses
This thesis aims to build on existing research of market psychology and the effect of sentiment on financial markets. The main objective of this study is to determine the ability of investors to make rational decisions during the most recent period of high sentiment. The anomalies that have occurred in the stock market can be better understood by market psychology which focuses on the biases and social factors that influence investors. The media is a newly relevant factor impacting the volume of sentiment present in the market. A review of literature reveals that many studies of sentiment and financial market’s …
Save, Gamble, Or Both? The Relationship Between Premium Bond Sales And Lottery Sales In The United Kingdom, Kaden Grace
Save, Gamble, Or Both? The Relationship Between Premium Bond Sales And Lottery Sales In The United Kingdom, Kaden Grace
Honors Theses
Four out of every ten Americans are unable to pay for an unexpected $400 bill out of their savings accounts. To ameliorate this problem, one policy to incentivize saving is a Prize-Linked Savings Account (PLSA). Unlike a traditional savings account that pays out a consistent rate of return, a PLSA pools the interest on all deposits and distributes the returns in randomly drawn prizes (similar to a lottery). However, PLSAs remain illegal in many areas due to a concern that the introduction of a private or public PLSA could cannibalize revenue from an existing state-sponsored lottery, thus restricting the state’s …
Recessionary Effects On Transfer Fees In European Professional Football, Pierce Snyder
Recessionary Effects On Transfer Fees In European Professional Football, Pierce Snyder
Honors Theses
Association football, most commonly referred to internationally as football, is the world’s most popular sport with billions of fans. Professional football leagues operate in countries all over the globe. While other continents have prominent and successful teams, Europe is the sport’s summit for the club level of competition. Europe boasts the best five leagues in the world, commonly referred to as “the big five”: the Bundesliga (Germany), La Liga (Spain), Ligue 1 (France), Premier League (England), and Serie A (Italy). In the 2016-2017 season, these five leagues accounted for 12.6 billion pounds—57.5 percent—of European football’s revenues of about 21.9 billion …
Exploring Financial Literacy Of Independent Musicians In The Gig Economy, Benjamin Milam
Exploring Financial Literacy Of Independent Musicians In The Gig Economy, Benjamin Milam
Honors Theses
The purpose of this study is to gain insight into the elements of the career of independent musicians. Specifically, how they overcome or fail to overcome the challenges of a gig economy through knowledge and ability to properly manage scarce financial resources. The research questions posed are as follows: (a) Does higher financial literacy allow independent musicians to sustain and improve their career in the gig economy? (b) How do independent musicians use financial literacy to sustain their career? (c) How does industry experience affect the ability of independent artists to effectively allocate financial resources? To answer these research questions, …
Banking Efficiency Within The World’S Largest Banks: Application Of Data Envelopment Analysis To The Global Financial Crisis Of 2008, Devin Coffey
Honors Theses
The world’s financial system is one of the globe’s most powerful structures, however the institutions that make up this network of banking firms are certainly not immune to the pressures of market globalization and technical innovation that drive change within the financial landscape. In order to exist within such an environment, the world’s largest commercial banks must constantly reevaluate the ways in which they function in order keep pace in the competitive market. The objective of this paper is to examine the efficiency of ten of the world’s largest commercial banks during the period spanning from 2006 to 2015. Utilizing …
The Effects Of Financial Leverage On The Output Decision Of An Exploration And Production Company, Michael Levine
The Effects Of Financial Leverage On The Output Decision Of An Exploration And Production Company, Michael Levine
Honors Theses
I examine companies focused on the exploration, production and exploitation of oil and gas assets to test whether there is a significant relationship between a firm’s debt burden and its production decision. I am most interested in debt’s effect on a firm’s price elasticity of supply as this would allow me to conclude how a highly levered firm would react to changes in price relative to other firms. I use data from 81 publicly traded exploration and production companies with varying degrees of leverage over the last ten years. This time frame captures two price cycles for the oil and …
Breaking The Back: The Continuous Battle Over The Bank Of England 1694-1715, Brendan Callanan
Breaking The Back: The Continuous Battle Over The Bank Of England 1694-1715, Brendan Callanan
Honors Theses
England during the seventeenth century experienced unprecedented political and economic transformation. The rise and fall of the British monarchy, the subsequent political ascendance of Parliament and centralization of the state, sustained economic and commercial growth, and incessant wars abroad during the latter years of the century, contributed to a volatile political climate during the final years of the 1600s that contrasted greatly with the landscape earlier in the century. Specifically, said developments especially affected England’s landed aristocracy. Their cherished ideology of order suffered significant setbacks as both the expanded reach of the state and the new economic ideology that stressed …
Innovation And Finance: A Firm Level Analysis On Emerging Markets, Emily Zangrillo
Innovation And Finance: A Firm Level Analysis On Emerging Markets, Emily Zangrillo
Honors Theses
Economic theory suggests that the more financially constrained a firm, the lower its ability to allocate resources for innovation. I test this theory using firm-level survey data that covers 29 Eastern European and Central Asian countries. The survey is conducted in 2002, 2005, and 2009, and covers nearly 12,000 enterprises. I construct two baseline probit models to test the impact of financial constraints on firms’ ability to innovate a new product or upgrade an existing product. Existing literature suggests that the more financially constrained a firm, the less likely they are to innovate. Previous studies have also noted the reverse …
Capitalism In Ancient Rome And Ancient Greece: Risk And Unethical Business, Sam Goldman
Capitalism In Ancient Rome And Ancient Greece: Risk And Unethical Business, Sam Goldman
Honors Theses
This thesis compares the business practices of the upper classes of ancient Greece, and ancient Rome. Specifically, I dissect the business decisions that were made with an effort to increase social status. I will focus on the relationship between the social perception of material wealth and the risk or (unethical business practices) that ancient members of the upper classes faced when they attempted to increase their material wealth. In my first chapter I look at the issuance of maritime loans and the risk associated with this type of finance. I discuss the origin of the business, some of the factors …
Do Structured Products Increase Social Welfare?, Eric Langner
Do Structured Products Increase Social Welfare?, Eric Langner
Honors Theses
Structured products are a rapidly growing type of financial engineering which allow firms to design solutions to meet the individual needs of investors. A structured product is a contract between a financial firm and its client. It involves packaging together traditional and exotic securities, commodities, and options generating a defined payout structure for the client. I ask whether these products enhance social welfare. I argue that, on balance, structured products increase social welfare. I find that while the products are complicated, they are not designed to hide risks nor are they likely to be a source of financial fragility. Rather, …
Role Of Home Equity In Retirement Saving: Building Your Nest (Egg), Caroline Theoharides
Role Of Home Equity In Retirement Saving: Building Your Nest (Egg), Caroline Theoharides
Honors Theses
This study examines the role of home equity in retirement saving. Using data from the 2001 and 2003 Panel Study of Income Dynamics, this study first updates the existing literature by regressing active saving on real housing capital gains using median regression techniques. Consistent with the literature, an increase in housing capital gains results in a decrease in active saving. While the active saving literature provides an initial analytical framework regarding saving behavior and home equity, the demographic shift in the U.S. due to the imminent retirement of the baby boomers indicates that the impact of changes in home equity …