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 72 for “"financial firms"”.
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Financial derivatives use and firm value in East Asian non-financial firms
… value, and exposures for a sample of 881 non-financial firms in eight East Asian countries in the 2003- 2013 period. The analysis is based on a novel and manually collected data. We find that firms in countries with lower corruption have more incentive to use financial derivatives and use …
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Exchange rate and interest rate exposure of UK non-financial firms and industries
… risk have been documented as the most managed financial risks by most UK non-financial firms and industries. This is probably because of the severe adverse effects that contrary movements in these financial risks can have on the value of the firm or industry. Nevertheless, empirical studies on …
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The economic determinants of corporate hedging: an empirical analysis of UK non-financial firms
… sophisticated corporate sector. Additionally UK firms have become more exposed to financial risk because of the increasing level of debt type commitments, expanding international operations and the growth in price volatility in the world's commodities markets. Lack of a consensus on the economic …
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Testing Alternative Versions of the Fama-French Five-Factor Model: Evidence from Chinese Non-Financial Firms
… on asset pricing in emerging markets, enhancing financial decision-making and fostering a more efficient Chinese stock market.<br/>Overall, this study enhances asset pricing by introducing a risk factor, improving the Fama-French model's accuracy in China. The six-factor model benefits investors, …
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Value Relevance of IFRS and the Effect of the Financial Crisis: Evidence from European financial firms
… the value relevance of International Financial Reporting Standards (IFRS) and the effect of the financial crisis on European financial firms. The empirical work is divided into two parts. The first part examines the impact of mandatory IFRS adoption and of the financial crisis on the …
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An institutional perspective on the timing of the adoption of accounting standards by large non-financial firms
… of new and revised accounting standards by large firms. The investigation uses a mixed methods explanatory sequential quan→QUAL design as part of a pragmatic constructivist methodology. Quantitative (quan) analysis of financial statements for 158 non-financial FTSE 350 firms identifies the timing …
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The effect of corporate bonds spread variability on non-financial firms’ financing structure: further evidence from emerging markets
… factors affecting emerging markets economic and financial resilience is of great importance for the global economy stability, financial integration, social development and poverty reduction. In addition, it contributes to a cross-country examination of developmental levels and investment …
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The impact of derivative use on firm risk and firm value. Evidence from South African non-financial firms
… is based on a sample of 91 South African non-financial firms listed on the FTSE/JSE Africa All Share Index on the JSE over the sample period 2012 to 2016. Firm risk is measured using total risk, systematic risk and unsystematic risk while the Tobin's Q is used as the proxy for firm value. The …
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The impact of the global financial crisis on the cash flow sensitivity of investment: some evidence from the Johannesburg Stock Exchange listed non-financial firms
… between a firm’s investment behaviour, financial constraints and the level of internally generated cash flows has been a subject of extensive discussion in finance literature. The discussion revolves around the effectiveness of investment cash flow sensitivity (ICFS) as a measure of …
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Transmission of credit risk in Asia
Since the onset of the 2008 global financial crisis, significant spillover effects between the credit default swap (CDS) spreads of sovereigns and banks have been evidenced in the US and several European countries. Even though systemic risk seems more likely to be associated with banks, the role of …
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The relationship between capital structure and firm’s performance: Evidence from listed non financial corporations in Dar Es Salaam Stock Exchange
… structure and firm performance of listed non financial corporations in Tanzania. The study used panel data for the period of 5 years from 8 non financial firms listed on the Dar es salaam Stock Exchange. Study use mixed model repeated measure to estimate the relationship between capital …
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King Code's CSI Compliance and ESG Performance: Evidence from the JSE in South Africa
… highlight substantial differences between financial and non-financial companies in terms of their ESG score (ESGSCORE), average corporate Social Investment (CSI), return on assets (ROA), and firm size (FSIZE). Financial firms exhibit lower ESGSCORE variability, higher average CSI and ROA, …
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The Moderating Role of Board Structure and Market Competition on CEO Power, Risk, and Investment Efficiency
… CEO power and risk by analysing the UK-listed financial and non-financial firms. The third empirical chapter provides evidence on the role of market competition in the nexus between powerful CEO and investment efficiency. Panel data estimation techniques (pooled regression and fixed effects) …
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The relative value relevance of cash flow accounting disclosures by South African Banks
… usefulness of operating cash flow disclosures of financial firms versus non-financial firms in a South African context. The study proceeds to explain and then test the presumption that the nature of the banking business model makes operating cash flow disclosures irrelevant; some interesting and …
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Essays in Corporate Governance: Issues and Evidence from Equity Carve-Outs
… protection on the performance of a sample of firms that initiated a carve-out during the period 1983-2004. Using the Gompers, Ishii, and Metrick (2003) index and Bebchuk, Cohen, and Ferrell (2004) entrenchment index, as proxies for the quality of shareholder-rights protection, I provide …
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Determinants of dividend policy: empirical evidence from Nigerian listed firms.
… the determinants of dividend payouts by non-financial firms listed on the Nigerian Stock Exchange (NSE). Accordingly, two proxies for dividend policy were used: dividend intensity and the dividend payout ratio. Also, six explanatory variables - return of assets, size, debt ratio, growth …
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The management of foreign exchange risk by listed companies: an empirical study
… by JSE-listed companies, specifically non-financial companies. The investigation was based on the experienced practices in 2015. A web-based survey was used to source data from the population and yielded a 37% response rate. Transactional risk is the most prioritised form of foreign …
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Form follows finance? ...finance follows form?
… of the office market requirements of firms in the financial sector with a view to obtaining a better basis for public and private investment. The study also seeks to oiutline which areas in the Maltese Islands are most sought after by financial firms together with the structural form, …
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Corporate environmental performance and corporate financial performance: empirical evidence from the United Kingdom.
… research scholars have also highlighted the financial implication of engaging in such environmental management activities and have advanced investigations to understand the relationship between corporate environmental performance (CEP) and corporate financial performance (CFP). Nonetheless, …
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Essays in empirical finance
… of three essays on various topics in empirical financial studies. In Chapter 1, I study the profitability of momentum trading from evidence in mutual fund performance. I find that mutual funds that exhibit a strong momentum trading pattern earn significant risk-adjusted returns relative to …
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