The corporate form of business organization has associated with it potentially significant agency costs. These costs arise principally from the separation of ownership and control interests in the firm. While it is widely believed that multinational corporations (MNCs) with substantial foreign...

Exchange rate fluctuations create disparate types and degrees of exposure. Cash flows and net income fluctuate as result of exchange rate fluctuations. Consequently, shareholders, debtholders, and management closely monitor exposure. This dissertation investigates characteristics that explain...

A pre-determined percentage of the assets of mutual funds is extracted from each portfolio's value on a daily basis to cover operating expenses. The nature of the relationship between these fund operating expenses and fund size is the focus of this dissertation. A negative relationship is shown...

The form of the partial acquisition provides a unique opportunity to analyze the influence the partial acquirer has on the target firm which is not available in full acquisitions. This dissertation investigates how the subsequent decisions of both the partial acquirer and the partially acquired...

The purpose of this study is to empirically test a number of hypotheses related to unit initial public offerings. Specifically, the following areas are examined: (1) the underpricing unit IPOs relative to a subset of NASDAQ straight-equity IPOs; (2) the impact of the size and value of the...

The purpose of this study is to examine how three factors, risk aversion, investment horizon, and information structure affect the variability of asset prices within an increasingly uncertain market environment. The laboratory research methodology that is employed avoids the use of strong...

This study deals with the descriptive and empirical factors influencing the choice of assets by commerical banks in Nigeria. Bank portfolio behavior was viewed within the context of allocating a given amount of wealth (total deposits) between earning assets (investments, loans and advances) and...

This study reviews the literature concerned with the apparent historical negative relationship between stock returns and inflation. Seven possible explanations for the negative relationship are compared and tested. These include the rational expectations based explanations of Fama and of Geske...

This dissertation examines the valuation and financial histories of a sample of 152 British firms which had differential voting right/multiple ordinary share (DVR/MOS) classes outstanding at some time during the period 1955-1982. On average, the superior voting rights shares (SVS) had market...

This dissertation examines the relationships existing between uninsured private defined-benefit pension plans and their sponsoring firms. The study is partitioned into two segments each designed to examine a different type of corporate/pension plan relationship. The first segment examines the...