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 12 of 12 for “"distress risk"”.
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The impact of ESG ratings on financial distress : a study of the aviation industry
… to investigate the impact of ESG on financial distress risk for the airline industry. Additionally, the study distinguishes between low-cost and full-service airlines, acknowledging potential variations in their business models. The sample comprises of 45 airlines all over the world for the …
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Distress Effects in Stock Returns
… topic in financial economics: the effects of distress risk in the cross section of equities returns. Initial results show that both raw and risk-adjusted excess returns are rising in distress risk, and the remainder of this thesis examines the general robustness of the distress premium. …
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Equity valuation of currently unprofitable Australian companies : the impact of distress, investment intensity, and accounting conservatism
… thesis examines how three firm characteristics - distress risk, investment intensity, and accounting conservatism - affect investors' weighting of specific valuation factors for unprofitable companies in Australia. The thesis finds that market value of equity is more sensitive to liquidation value …
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Equity valuation of currently unprofitable Australian companies : the impact of distress, investment intensity, and accounting conservatism
… thesis examines how three firm characteristics - distress risk, investment intensity, and accounting conservatism - affect investors' weighting of specific valuation factors for unprofitable companies in Australia. The thesis finds that market value of equity is more sensitive to liquidation value …
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Does accounting quality mitigate risk shifting?
… the effect of financial reporting quality on risk shifting, an investment distortion that is caused by shareholders' incentives to engage in high-risk projects that are detrimental to debt holders. I use asymmetric timeliness to proxy for a dimension of accounting quality that is particularly …
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Cash-Flow Risks, Financial Leverage and the Cross Section of Equity Returns
… prediction that leverage amplifies the equity risks. I decompose expected equity returns of book leverage portfolios according to their exposure to cash flow and discount rate risk. I find that low leverage firms have lower cash-flow beta and higher discount-rate beta than firms with high …
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Psychological and Sociological Mechanisms Linking Low SES and Antisocial Behavior
… focuses on either individual or environmental risk factors, rarely integrating risks across levels of analysis. Although low objective SES is clearly associated with antisocial behavior, the reasons why are unclear. Sociological theories suggest this relationship is due to neighborhood and …
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A Treatise on Downside Risk
… for the estimation of systematic downside risk. Using a new approach, I derive a measure of downside systematic risk, downside beta, that is free of the endogeneity problem and thus straightforward to calculate. Since there is no consensus in the literature regarding the appropriate method …
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An investigation into unifying early warning prediction models
Forecasting financial distress has been regarded as a serious and significant problem, and if not signalled in time, has catastrophic ramifications on worldwide economies. Financial distress models are in existence and have been tested with varying results of success. However, there are varying …
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Bank regulation implications for managing accounting quality risk: a Basel and IFRS perspective
… and increased levels of exposure to financial distress risk in the period 2005 to 2008, compared to the pre-adoption period of 1992 to 2004. These findings are corroborated when examining a secondary sample of banking related firms that also adopted the same standards in 2005. A control group …
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Audit Transition In The Age Of Digital Revolution: Technology, Performance, Sustainability, And Transparency — Insights From Emerging Markets [before doctoral defense]
… and the identification of the financial distress risk by Key Audit Matters (KAMs). The results show that audit technologies improve the efficiency of audit, analytical capability, and risk assessment processes, and enhance auditors' ability to detect irregularities and support more …
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Factores de riesgo asociados al síndrome de dificultad respiratoria aguda en una unidad de cuidados intensivos pediátrica
El Síndrome de Dificultad Respiratoria Aguda (SDRA), es un complejo sindrómico que fue descrito por primera vez a finales de los años 60, afecta pacientes críticamente enfermos y se asocia con una alta morbimortalidad, considerándose como una enfermedad grave.Objetivo: Identificar los factores de …