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 20 of 30 for “"wealth effects"”.
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THE WEALTH EFFECTS OF REITS PROPERTY DISPOSITIONS
This study seeks to examine the wealth effects of U.S. REITs property dispositions from 2001 to 2009 and to assess the factors that contribute to the wealth effects. To investigate the wealth effects of REITs property dispositions, this study employs the event study methodology. It finds that …
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Shareholder wealth effects of convertible bond announcements in South Africa
This study examines shareholder wealth effects of convertible bond announcements in South Africa for the period 2004 to 2017. The data shows that South African companies issue convertible bonds for several reasons and that issues are not only South African rand denominated, but are in other …
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Acquisitions and shareholder wealth effects: the case of the hospitality industry
… the impact of acquisitions on the shareholder wealth of target hotel and restaurant shareholders. Therefore, there were three purposes in this study: 1) to determine whether stockholders of target hotel and restaurant companies involved in acquisitions earned significant additional wealth, 2) …
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Wealth Effects of the Gramm-Leach-Bliley Act on Financial Services Industry
… of this study is to determine and analyze the wealth effects of the GLBA on U.S. and foreign banks and insurance companies. This dissertation is composed of four separate essays. In the first two chapters I investigate the wealth effects of the GLBA on domestic banks and insurance companies. I …
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The Shareholder Wealth Effects of Real Estate Investment Trusts: Mergers and Acquisitions
This study examines the effect of merger announcements on the market value of the bidding firm's equity in 160 transactions involving Real Estate Investment Trusts (REITs). All transactions from January, 1972, to December, 1995, with adequate data availability were examined. They included 101 …
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Shareholder wealth effects of international listings and delistings : evidence for foreign stocks on the Tokyo stock exchange
This study provides new evidence of the effects of international listing and delisting on shareholder wealth for U.S. and non-U.S. companies that have listed and subsequently delisted from the Tokyo Stock Exchange. The stock behavior of 81 U.S. and non-U.S. firms between 1973-1997 was examined. …
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Essays In Health Economics
… investigate the impacts of housing and financial wealth on healthcare spending. The results indicate significant housing and financial wealth effects and relatively large housing wealth effects for the pooled sample. Results for each survey years of the Survey of Consumer Finances further suggest …
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Information Environment and Gains from Corporate Takeovers
… in understanding the determinants of takeover wealth creation, as well as the theoretical and practical importance of information environment in the takeover market, this thesis examines the wealth effects of information environment on UK takeovers. It regards information dissemination as a …
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Short-Term, Long-Term, and Efficiency Impacts of Recent Mergers and Acquisitions in the U.S. Banking Industry
This dissertation examines the wealth effects of bank mergers on bidder, target, and combined firm shareholders for a sample of 785 mergers during the period 1980-2000. The dissertation employs two unique bank event study methodologies to calculate abnormal returns for bidder, target and combined …
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Essays On Horizontal Divestitures And Product Market Relationships
… and employ this data set to investigate the wealth effects at announcement. This study also considers post-divestiture changes in abnormal operating performance for divesting firms, customers, and suppliers. </p> <p> I document evidence that divestiture related wealth effects for divesting …
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The Stock Market, the Housing Market and Consumption
… the relationship between consumption and wealth. The recent subprime mortgage crisis in the US and the European sovereign debt crisis associated with the remarkable fluctuations in both stock and housing markets have brought new concerns over the response of consumer spending to asset …
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Diversification and debt : Australian evidence / Jean Milva Canil.
… and debt, and concurrent shareholder wealth effects for Australian firms, in order to answer the question of why firms diversify. Whilst not directly answering the question, the thesis shows that diversified firms have relatively more long-term and unsecured debt, and do not need to …
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Essays on Macroeconomics and Labor Markets
… With flexible prices and in the absence of wealth effects on labor supply, transfers and purchases have no effect on aggregate output and employment. Under sticky prices and no wealth effects, fiscal policy is redundant to monetary policy. Alternatively, in the presence of wealth effects, …
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Economic Policies, Volatility and Development
… with asymmetric information, with emphasis on wealth effects. Chapter 3 discusses why poor countries are more volatile than rich countries, from an empirical and theoretical perspective. Chapter 4 investigates how the structure of ownership (public, private, foreign) of strategic productive …
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The effect of mergers and acquisitions on shareholder returns
… firms but also generate a positive or negative wealth effect for shareholders of firms involved. The Hubris theory hypothesises that mergers and acquisitions affect the value of the firms as well as shareholder wealth. This theory predicts that as a result of mergers and acquisitions, the value …
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The short-term market reaction to U.S. bank M&As
This study examines the short-term shareholder wealth effects to U.S. bank mergers and acquisitions (M&As) that were announced and completed between 1989 and 2004. Using various event windows, the cumulative abnormal returns (CARs) to target firms are positive, bidder firm abnormal returns are …
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Consumption and saving decisions in the face of choices about housing and pensions
… decisions regarding housing and pension wealth accumulation, in forward-looking models. The first of three chapters on housing presents a model of housing demand over the life cycle, and examines its sensitivity to prices and borrowing constraints. Demand responses can be unusual: when …
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Essays on institutional evolution and economic development: evidence from Nigeria
… the role of institutions in determining resource wealth effects. This thesis uses Nigeria as a case study, because of its standing as one of the larger economies in sub-Saharan Africa, especially in terms of its natural resources. In addition to this, Nigeria has experienced numerous regime and …
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Political Economy of Natural Resources and Governance in Iran: An Empirical Investigation
… I go further into macroeconomic analyses of oil wealth effects on the Iranian economy. The second theme investigated in this dissertation is the interaction of political power structure with oil rents and their effects on Iranian economic growth. This study is the first examination which takes …
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