The purpose of this study is to develop and empirically test theories on wealth effects surrounding divestiture of foreign and domestic subsidiaries by U.S. firms. Two primary research questions are addressed: (1) What are the wealth effects associated with divestiture of foreign and domestic...

There are conflicting theories on the effects of devaluation on economy. This thesis sets out to investigate the impact of devaluation on the standard of living of developing countries, specifically Tunisia. The results obtained from the regressions contradicted the contractionary view of...