This study Investigates the influence of the type of investment opportunities facing a firm on its choice of capital structure. It is shown that the more discretionary investment opportunities a firm faces,the lower its financial leverage. Inclusion of other possible determinants of capital...

This paper empirically examines the underinvestment problem and the use of dividends to expropriate lenders' wealth. Rather than analyzing the market's reaction to potential wealthexpropriating events, a different aspect of potential conflicts of interest is addressed: do managers who control...

We address the research question: ‘Did the 2010 BP Deepwater Horizon oil spill have similar psychosocial impacts as the 1989 Exxon Valdez oil spill?’ We answer this question by comparing survey results from a random sample of Cordova, Alaska, residents collected 18 months after the Exxon...

Many developed countries are net recipients of skilled health professionals from developing countries. Potentially these movements provide major economic benefits to developed countries. The distribution of any benefits and any associated health and social costs, however, need investigation that...

The composition of the nursing and caring workforce in Australia has changed substantially over the last 15 years. The workforce has an older age profile, works shorter hours and employs substantially more carers. In spite of the ageing of the population and a substantial increase in the number...