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 20 for “"firm valuation"”.
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Political risk in Quebec, firm valuation, and business relocation announcements
… and direction of political risk on asset valuation. This paper explores the effects of the announcements of business relocation decisions by examining stock market's reaction to such announcements. In particular, we study the difference in the market's response to the relocations from …
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Voluntary corporate governance disclosure, firm valuation and dividend payout: evidence from Hong Kong listed firms
… of Corporate Governance (CG) information by firms has been found in prior studies to have an impact on the market value of firms. This thesis extends the research by studying the impact of voluntary CG disclosure by firms in Hong Kong, a market which provides a strong legal investor …
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Innovation in founder-run firms: evidence from S&P 500
One important element of a firm’s organizational environment that may influence innovation is whether the CEO of the firm is its founder. Popular perception is that the inherent venturous spirit of the founders creates an environment that fosters innovation. This study investigates whether …
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Smoothing of Pension Costs, Choice of Expected Rate of Return and Capital Market Consequences
… based on the marked-to-market principle in firm valuation. Alternatively investors may be fixated on the smoothed pension expense as reported on income statement according to Generally Accepted Accounting Principles (GAAP). I find evidence that investors incorporate the actual pension …
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Essays in financial regulation and corporate law
… Research Center (IRRC), are correlated with firm value and stockholder returns. Based on this analysis, we put forward an entrenchment index based on six provisions - four "constitutional" provisions that prevent a majority of shareholders from having their way and two "takeover readiness" …
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Enterprise Risk Management: The Transformation of Board-level Engagement as Evidenced by Disclosure
… ERM-related research as information about firms’ ERM is costly to obtain. The study next examines associations between the extent of board engagement in ERM as measured by the index and (i) volatility of earnings, (ii) firm valuation, and (iii) the pricing of audit services by external …
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Two Essays in Corporate Finance and Investment
… ""Dual-class Stocks: Motivation and Effects on Firm Valuation, Corporate Governance, Capital Structure, and Payout Policy"", addresses several issues in dual-class stocks: why and when firms create dual-class stocks, and how the creation of dual-class stocks affects shareholders' wealth, …
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Valuación financiera de Holcim Argentina en el marco de sus compromisos climáticos
… en línea con el enfoque de valuación denominado firm valuation.
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Modeling and comparing a startup dynamics in the US and Egypt
… of the modeled startup with a much lower final Firm Valuation and Job Attractiveness is observed. I conclude with a discussion of the high leverage points in the Egyptian ecosystem based on this analysis, and recommendations for entrepreneurs and policy makers.
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Enterprise Systems and Mergers and Acquisitions
… contingent on the characteristics of the focal firm and its industry environment. The key argument is that since enterprise systems can reduce agency cost associated with internal coordination and the transaction cost of coordinating with customers and suppliers, enterprise systems may be …
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Essays on corporate innovation
… the underlying mechanisms through which a firm innovates and invests in Research and Development (R&D). It consists of two essays. The initial essay investigates the effects of aggregate stock market liquidity on innovation at both the aggregate and firm levels for publicly traded firms in …
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The Interpretation of Marketing Actions and Communications by the Financial Markets
… are overwhelmingly likely to sacrifice long-term firm value for immediate earnings and satisfaction from the financial markets (Graham, Harvey, and Rajgopal, 2005). Research in marketing has empirically confirmed this myopia at both aggregate (Mizik and Jacobson, 2007; Mizik, 2010) and individual …
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A More Efficient and Effective Objective Measure of Financial Disclosure Quality: Omissions of Seven Key Financial Statement Variables
… between financial reporting quality and firms' internal governance issues, such as internal control quality and a possible outcome of internal control weakness (ICW), financial restatements.In Chapter One of the thesis, I propose a parsimonious, theory-based and empirically-supported …
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Essays in financial economics
… which affect the idiosyncratic volatility of firms' productivity, and (ii) growth uncertainty shocks, which affect the idiosyncratic variability of firms' investment opportunities. My model deviates from the neoclassical setting in one respect: firms' investment policies are set by the experts …
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Paradoxum Ex Machina: Exploring the Impact of Generative Artificial Intelligence Technologies on the Strategies and Actions of Entrepreneurial Ventures
… use rhetorical strategies (i.e., particularly firm hype) to attract and secure investor support. This empirical study demonstrates that while moderate hype enhances firm valuation, excessive hype backfires unless bolstered by credibility and comprehensibility factors. This study also offers …
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Divident policy and stock market reactions to dividend announcements in Nigeria
The impact of dividend announcements on firm value represents one of the longest standing puzzles in the literature of modern finance. Based on either a behavioural or empirical approach, studies have provided rationales to address the issue of why companies pay dividends and whether the market …
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Three Essays in Banking
… on the initial offer premium and target firm value. In the first essay, titled "Liquidity Risk and the Credit Crunch of 2007-2009", I document the connection between liquidity risk and the credit crunch experienced during the financial crisis of 2007-2009. Using extensive micro-level data …
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Creating and Validating a Measure of Customer Equity in Hospitality Businesses: Linking Shareholder Value With Return on Marketing
Understanding 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 …
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A incorporação do score ESG na avaliação da empresa: estudo de caso da empresa chinesa Goldwind
Com os desafios da sustentabilidade em diferentes sectores a nível mundial, a ONU criou 17 objetivos de desenvolvimento sustentável que a humanidade deverá procurar alcançar. No sector financeiro, com suporte da ONU, surge uma rede de investidores denominada por PRI. Os investidores e organizações …
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Two Essays on Executive Compensation
… NYSE and NASDAQ governance reforms that mandated firms to have majority independent boards as a quasi-exogenous source of variation in the internal governance environment of firms. Results show that CPI decreases following the passage of these exchange listing regulations, but only in firms with …