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 12 of 12 for “"equity value"”.
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Two Essays on Convertible Debt
… addresses the question of how managers set the equity value in a convertible debt issue. A convertible debt security has value derived from an equity component and a debt component. As a result, managers must decide how much of the convertible debt's value will be derived from equity at …
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The risk-related behaviour of financial intermediaries
… the impact of changes in term structure on the equity value of financial intermediaries across major economies. In chapter 4, the influences of both domestic and foreign currency fluctuations on the equity value of financial intermediaries are explored. Furthermore, we split the sample period …
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The hedonic valuation of South African wine brands
This study aims to value South African wine brands. Deploying blind and sighted versions of hedonic quality it defines (1) ‘functional’ wine brands as those with consistently higher levels of intrinsic quality as proxied by their blind tasting scores, and (2) placebo-type ‘symbolic’ wine brands as …
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Equity valuation of currently unprofitable Australian companies : the impact of distress, investment intensity, and accounting conservatism
… of positive accounting profits as a measure of value creation, investors are likely to focus on different factors when valuing companies with different characteristics. This thesis examines how three firm characteristics - distress risk, investment intensity, and accounting conservatism - affect …
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Equity valuation of currently unprofitable Australian companies : the impact of distress, investment intensity, and accounting conservatism
… of positive accounting profits as a measure of value creation, investors are likely to focus on different factors when valuing companies with different characteristics. This thesis examines how three firm characteristics - distress risk, investment intensity, and accounting conservatism - affect …
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Causes and consequences of external blockholdings
… are identified as resulting from firm-value-increasing reductions in the agency costs of free cash flow and other non-free-cash-flow-related equity agency costs, equity-value-increasing potential for wealth transfers from bondholders, firm-value-increasing expectation of synergy gains …
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Three Essays in Asset Management: Ethical and Investment Exclusions
… ethical exclusions can adversely affect firm equity value, at least in the short term. The second chapter examines the impact of sector exclusions on the portfolio of a long-term well-diversified investor. Using industry indices spanning 1900–2018, we identify a number of risks associated with …
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The Impact of Corporate Crisis on Stock Returns: An Event-driven Approach
… may lead to tremendous loss in sales and firm equity value. My research aims to integrate information available on the market to assist firms in tackling crisis events, and to provide insight for better decision making. We first study the impact of crisis events on firm performance. We build a …
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Essays in financial economics
… instrument for the probability of negative home equity and find that negative equity causes a 2%-6% reduction in household labor supply. These results are robust to the inclusion of time-varying national cohort fixed effects as well as using a life-event driven proxy for the timing of home …
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Social Equity in Public Administration
… a review of the literature regarding social equity and a place within Public Administration. Social equity is a value that informs theory and practice. The manner in which value informs theory and practice will be included to provide a theoretical basis. Tensions between New Public …
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Understanding Parents' Perspectives of Youth Summer Hockey Camps using Importance-Performance Analysis: A Consideration of Value Equity Drivers
… twofold. First, the aim was to understand what value equity factors are most important to parents when deciding to register their child for a summer hockey camp; second, the researcher hoped to ascertain if summer hockey camp operators are performing to the deemed level of importance of those …
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Creating and Validating a Measure of Customer Equity in Hospitality Businesses: Linking Shareholder Value With Return on Marketing
… the contribution of marketing to the shareholder value of a company has been a major challenge for marketing research. The purpose of this dissertation was creating and validating an attitudinal measure of customer equity in hospitality businesses, thus providing a link between return on marketing …