Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 4 of 4 for “"Labor adjustment costs"”.
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Three essays in corporate finance
… decade. It investigates the variation of capital adjustment costs in explaining the investment-cash flow sensitivity and shows that the decreasing trend of the investment-cash flow sensitivity can be explained by the gradually increasing costs of capital adjustment. Chapter 3 studies the behavior …
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Three Essays on Corporate Finance and Labor
… the interaction between corporate finance and labor market. It contains three chapters. Chapter 1 studies the strategic role of debt structure in improving the bargaining position of a firm's management relative to its non-financial stakeholders. Debt structure is essential for strategic …
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Three essays in financial economics
… and Stock Returns, investigates the effects of labor costs on firms’ capital investments and stock returns. I estimate wage premia across U.S. industries and show that the negative investment-return relation implied by q-theory is steeper for high wage firms than for low wage firms. Using wage …
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CEO-to-worker Pay Disparity and the Cost of Debt
… which increases credit risk or effective labor cost management that decreases credit risk. Overall results of this study indicate increased CEO-to-worker pay disparity is associated with a lower cost of debt (a higher probability of credit rating upgrades). This association weakens as the …