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 20 of 63 for “"Liquidation"”.
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Optimal liquidation strategies
Liquidation strategies consider the problem of minimising transaction costs occurring in a portfolio liquidation. Transaction costs are the difference between current market value and the realised value after the liquidation. A strategy to follow to perform a liquidation is especially important to …
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Reduction of the Liquidation Cycle
90 leaves
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Cryptomarket analysis: optimal liquidation and market efficiency study
Esta tesis doctoral presenta una investigación profunda sobre la liquidación óptima de activos en criptomonedas y el análisis de la dinámica del mercado bajo la Hipótesis de Mercado Eficiente Débil (WEMH) en diversas criptomonedas. El primer artículo de la tesis se centra en la liquidación de …
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Optimal deleveraging and liquidation of financial portfolios with market impact
… of effective portfolio deleveraging and liquidation strategies, which is critical to surviving financial distress and maintaining system stability. This thesis studies two related problems: which portion of the portfolio should be executed to relieve the financial distress and how the …
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The Members' Oppression Remedy: Can it be Used When a Company is in Liquidation? Should it be Used?
… by a member when the company is in an insolvent liquidation. When a company is in liquidation, a number of roadblocks exist, including: whether there is utility in the requested relief; the effects of liquidation, including the stay of proceedings and the role of the liquidator; the prohibition …
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Essays on Corporate Finance and Financial Intermediation
In the last essay, I study how liquidation values can affect the determination of debt maturity. I document the first empirical evidence supporting the claim that higher liquidation value can indeed decrease debt maturity. I document that maturity for cash lending, which provides cash usable at the …
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Predicting business failure in the hospitality industry: an application of logit model
… different from those that are associated with liquidation in the restaurant industry. The sample consisted of 23 failed and 23 non-failed restaurant firms, and 15 failed and 15 non-failed hotel firms within the period of 1982-1993. The predictive business failure models were developed through …
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The use of the offer of compromise/scheme of arrangement provisions of Section 311 of the Companies Act 61 of 1973 as a take-over mechanism
… claims against (and shares in) companies in liquidation ( normally provisional), thereby freeing the company from liquidation and creating the potential for considerable taxation advantages to accrue to the acquirer. However, two recent decisions in the Transvaal, both of which concerned …
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Essays on institutions for financial stability
… many projects are liquidated simultaneously, liquidation in private contracts is excessive relative to the efficient (second-best) contract chosen by a planner who internalizes the externality working through the liquidation price. This essay studies whether capital requirements on the …
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A critical analysis of the effectiveness of the corporate rescue provisions under Sch B1 of Insolvency Act 1986
… the administration may be converted to a liquidation or move directly to dissolution where all the assets have been liquidated during administration. The three purposes of administration are listed in order of primacy which means the third purpose can only be adopted if the administrator …
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International Evidence on Product Market Competition and Firm Value
… less pronounced for firms with higher firm-level liquidation risk, stronger country-level investor protection mechanisms, and higher firm-level transparency. These findings are consistent with an agency cost benefit resulting from product market competition.
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Dynamic optimal asset allocation with optimal stopping
… of optimal dividend-contribution, portfolio and liquidation from the viewpoint of a defined benefit pension fund. The sponsor faces a stream of intermediate liability and a terminal liability. The optimization problem stops at the optimal liquidation date rather than continues for the second …
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On the relationship of derivative assets to their underlying instruments
… in the underlying cash market. The third essay, "Liquidation and Delivery Under Conditions of Manipulation models how strategic traders would respond to manipulation given an option to liquidate or deliver on the contract. A perfect Bayesian equilibrium concept is used in which traders must decide …
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The powers, duties and control of persons participating in a compulsory winding-up of companies: some comparative aspects between the liquidation of a private company in South Africa and the "Gesellschaft mit beschraenkter Haftung" (Company with limited liability) in Germany
This dissertation deals with the powers, duties, -and control of persons participating in a compulsory winding-up of a private company in South Africa and a "Gesellschaft mit beschraenkter Haftung" (Private company with limited liability) in Germany. At the outset it is therefore necessary to give …
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Suggested reasons for the failure of judicial management as a business rescue mechanism in South African law
… to restructure thus providing an alternative to liquidation. Companies play an important role in an economy and their demise affects not only creditors but also different groups of people that have a working relationship with the company. These include employees, suppliers, shareholders and other …
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Equity valuation of currently unprofitable Australian companies : the impact of distress, investment intensity, and accounting conservatism
… that market value of equity is more sensitive to liquidation value when valuing highly distressed unprofitable companies. The level of investment intensity positively affects the valuation weight on measures of potential growth options. With companies that exhibit a high level of accounting …
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