Download or read book Three Essays on Corporate Finance written by Bin Zhao and published by . This book was released on 2010 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on Corporate Finance and Intermediation written by Haizhi Wang and published by ProQuest. This book was released on 2000 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on Empirical Corporate Finance written by Brandon Julio and published by ProQuest. This book was released on 2007 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second essay follows up on the first by investigating whether debt repurchase activity is consistent with the existence of an optimal capital structure. I find that the timing and size of debt repurchases are consistent with trade-off theories of capital structure. Specifically, the likelihood and size of debt repurchases is increasing in a firm's deviation from its estimated target. The positive abnormal returns around the announcement of repurchases are increasing in the deviation from the target debt level, consistent with an optimal capital structure.

Download or read book Three Essays on Corporate Finance and Intermediation written by Yiwei Fang and published by . This book was released on 2012 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays in Corporate Finance written by and published by . This book was released on 2002 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: (Cont.) I argue that this is evidence that managers' perceived cost of capital is inversely related with the average stock market valuation of firms. Chapter 3 examines the economic role of the proceeds of equity offerings. I find that large equity issuers primarily use the proceeds from their offerings to invest in liquid assets. On average, large equity issuers do not draw down on these reserves to fund real investment in subsequent years. Instead, the proceeds provide issuers with cash reserves that allow them to remain liquid during periods of rapid and uncertain growth.

Download or read book Three Essays on Empirical Asset Pricing in International Equity Markets written by Birgit Charlotte Müller and published by Springer Gabler. This book was released on 2021-08-20 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this Open-Access-book three essays on empirical asset pricing in international equity markets are presented. Despite being of fundamental economic and scientific importance, international financial markets have remained considerably underresearched until today. In the first essay, the role of firm-specific characteristics is analyzed for the momentum effect to exist in international equity markets. The second essay investigates the validity, persistence, and robustness of the newly discovered capital share growth factor across international equity markets as proposed by Lettau et al. (2019) for the U.S. market. Lastly, the third and final essay studies stock market reactions of European vendor banks to distressed loan sale announcements.

Download or read book Three Essays in Corporate Finance written by Bernardino Manuel Pereira Adão and published by . This book was released on 1995 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays in Corporate Finance written by Hoontaek Seo and published by . This book was released on 2009 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on Empirical Corporate Finance written by Sumingyue Wang and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A common thread of the three chapters addresses the abovementioned trends and focuses on the internationalization decisions of both firms and PEs. I try to explore how technology transfer motivations, cultural distance, corporate governance, and country level characteristics affect the choice and performance of these international investments. Some of the research questions I tackle are: does the aim of technology transfer affect the decision of cross-border M&As? How do emerging-market acquirers create value in the international mergers? How would cultural, geographical distance and institutional distance affect the performance of cross-border M&As and the performance of international investments made by PEs?

Download or read book Essays in Corporate Finance written by Eileen Driscoll van Straelen and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on Financial Innovation written by Peter Tufano and published by . This book was released on 1993 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays in Finance written by Edward Glidewell and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays on Corporate Finance and Governance written by Johan Molin and published by Stockholm School of Economics Efi Economic Research Institut. This book was released on 1996 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays in Corporate Finance written by Meenakshi Sinha and published by . This book was released on 2005 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Financial Linkages on the Supply Side written by Douglas Ruboy Shaller and published by . This book was released on 1980 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: interest rate elasticity of the demand for money.

Download or read book Essays on Corporate Finance and Financial Intermediation written by Anjolein Schmeits and published by . This book was released on 1999 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Empirical Asset Pricing written by Wayne Ferson and published by MIT Press. This book was released on 2019-03-12 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: An introduction to the theory and methods of empirical asset pricing, integrating classical foundations with recent developments. This book offers a comprehensive advanced introduction to asset pricing, the study of models for the prices and returns of various securities. The focus is empirical, emphasizing how the models relate to the data. The book offers a uniquely integrated treatment, combining classical foundations with more recent developments in the literature and relating some of the material to applications in investment management. It covers the theory of empirical asset pricing, the main empirical methods, and a range of applied topics. The book introduces the theory of empirical asset pricing through three main paradigms: mean variance analysis, stochastic discount factors, and beta pricing models. It describes empirical methods, beginning with the generalized method of moments (GMM) and viewing other methods as special cases of GMM; offers a comprehensive review of fund performance evaluation; and presents selected applied topics, including a substantial chapter on predictability in asset markets that covers predicting the level of returns, volatility and higher moments, and predicting cross-sectional differences in returns. Other chapters cover production-based asset pricing, long-run risk models, the Campbell-Shiller approximation, the debate on covariance versus characteristics, and the relation of volatility to the cross-section of stock returns. An extensive reference section captures the current state of the field. The book is intended for use by graduate students in finance and economics; it can also serve as a reference for professionals.