Interactions between the banking sector and an open capital account are investigated as rationalizations for the empirical regularities that characterize disinflation programs anchored by fixing the exchange rate. Financial intermediation and bank money creation are formalized within a dynamic...

This thesis was an attempt at resolving the controversy regarding the incidence of the corporation income tax (CIT) in the United States. Three alternative hypotheses reflecting opposing points of view were constructed. The first hypothesis was the neoclassical hypothesis, which states that when...

This dissertation is aiming to find out the impact of the Gramm-Leach-Bliley Act on insurance companies' survival. The events of interest are bankruptcy and acquisition, which are correlated and censor each other. A statistical survival analysis method is developed first and then applied to the...

In the first chapter, we examine the relation between efficiency and competition in a dynamic framework. For this purpose, we measure efficiencies and conduct of the U.S. airlines in two city-pairs. We model the conduct parameter as an unobservable state variable which is an AR(1) process and...

This study presents a comprehensive evaluation of managerial choice of discretionary accounting methods and the use of the reporting process in income smoothing. After analyzing concepts of smoothing behavior, including managerial motivations to engage in smoothing, security market reactions to...

A meta-analytic investigation was conducted to conceptually and quantitatively examine the effects of five individual (language ability), work (role ambiguity), organizational (organizational support), non-work (family support), and host-country factors (culture distance) on expatriate...

Control charts are regularly developed with the assumption that the process observations have an independent relationship. However, a common occurrence in certain industries is the collection of autocorrelated data. Two approaches are investigated that deal with this issue. The time series...

The critical nature of the venture capital-entrepreneur relationship is emphasized by the 46.4% exponential growth rate of venture capital investments throughout the 1990s. It is that time in the venture capital cycle between the time the first stage funding is made and the venture capitalist...

Within China's the hotel industry, they are known as expatriate managers and. on behalf of parent multinational hotel corporations, provide an element of control and co-ordination within local operating units. On average, organisations spend over two and a half times more money to send an...

Project risk management is concemed with identifying, assessing and responding to uncertainties which could impact project outcomes. These impacts might be positive or negative, although the tendency in business has been to focus on the negative - or downside - risks, Le., those risks which...