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.
Results
Showing 1 to 11 of 11 for “"Peer firms"”.
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The effect of peer firms determining firm capital structure: evidence from manufacturing in Malaysia
… of this study is to investigate the impact of peer firms’ financial policies (capital structure) on target firm financing behaviour (capital structure), and to empirically test whether non-linear relationship of profitability with capital structure and growth opportunities exists. In order to …
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Using Peer Firms to Examine whether Auditor Industry Specialization Improves Audit Quality and to Enhance Expectation Models for Analytical Audit Procedures
… investigates how economically-comparable peer firms can be used to obtain inferences about a company’s accounting quality in two different research settings. The first Chapter examines whether auditor industry specialization, measured using auditor market share by industry, improves audit …
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Spillover Effects in Board Structure: Evidence from SB 826
Peer effects have been found to exist in a variety of contexts, but it is uncertain whether an exogenous shock to board governance structure of a subset of firms can affect the governance structure of peer firms. I test this proposition in a board structure setting using the swift and unexpected …
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Essays in Corporate Finance
… the disruption in political connections, firms become less prone to commit misconduct while their misconduct is more likely to be detected. The elimination of political connections on board is particularly effective in deterring and detecting high-level offenses. The effects of the policy …
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Innovation Under Stress
<p>The aim of the dissertation is to explore firms’ innovation strategies during certain stressful periods. This dissertation consists of 3 chapters. . .</p> <p>Chapter 1: Innovation Diversification Under Policy Uncertainty</p> <p>Using detailed data on patent grants and applications, I explore the …
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Are relative performance measures in CEO incentive contracts used for risk reduction and/or strategic interaction
… strategic interaction between own-firm and peer-firm managers, as industrial organization theory predicts, and whether the two objectives of RPE are mutually exclusive. Using data from the U.S. airline industry, I first document empirical support for the strong-form (but not the weak-form) …
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The Effect of Categorization on Investment Decisions: Three Essays in the Fintech Industry
… perceptions of the nascent markets and related firms. Yet we know less about the idiosyncratic role that producers and third parties play in the investment process. This dissertation seeks to advance our understanding about categorizations in shaping investment decisions. The first essay of the …
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Peer Accounting Information and the Use of Peer-based Multiples for IPO Valuation
… (IPOs) are primarily valued using the comparable firms approach, whereby underwriters rely heavily on multiples based on the accounting information of peer firms. Effective use of the comparable firms approach depends significantly on the underwriter's ability to estimate the expected future …
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Accounting comparability, audit effort and audit outcomes
… for audit engagement. Comparability among peer firms in the same industry reflects the similarity and the relatedness of firms’ operating environment and accounting reporting. From two perspectives of “inherent business risk” and “external information efficiency”, comparability is helpful …
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Essays on Corporate Governance
… environment of public family-controlled firms. We use staggered exogenous shocks to the information environment to test whether family control influences corporate disclosure. After an exogenous decrease in the information environment, we find that family firms provide greater, more …
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Equity carve-outs, efficiency gains, and market timing
… a governance structure of parent and subsidiary firms. Results indicate that ECO firms exhibit lower profitability and higher leverage, but proportionate or better investment opportunities than peer firms, suggesting that these transactions are intended to finance otherwise foregone growth …