I find evidence for persistence in depreciation related currency pressure in the Naira to US$ exchange rate with persistence exacerbated by private sector profitability. The empirical evidence shows the Central Bank of Nigeria (CBN) reins in depreciation pressure induced within the private...

I find evidence that while a political event which has implications for Central Bank Autonomy (CBA event) induces currency depreciation that is accompanied by an increase in currency inventory risk, a political event that can be interpreted as evidence of partisanship (partisanship event)...

I find venture capitalists' (VCs') information production activities help decrease uncertainty about asset valuations within public equity markets, resulting in price convergence within the cross-section of Initial Public Offerings (IPOs) that are backed by different classes of VCs and price...

This study develops a survey instrument structure that generates many stylized findings in the literature and in preliminary tests passes theoretical litmus tests for robustness of estimates of preference for the protean or promised path of career advancement. Embedded in the study is an...

I develop a model that enables the disaggregation of exit rates into ability and risk components. Consequent on this disaggregation, I find decreasing returns to scale within the cross-section of the VC market is induced by strictly concave relations that obtain between the risk component of...

Essence of the lemons problem of Akerlof (1970) is not easy to communicate to practitioners, particularly practitioners in realm of commercial banking. Commercial bankers, particularly those located in developing or emerging countries typically find it difficult to understand how in face of...

Corporate Social Responsibility (CSR) typically is assumed to occur outside of firms' core operations, that is within context of responsibility for the environment and social contracts. Within this traditional context, CSR consists primarily of application of corporate profits to management of...

There exists extant evidence which shows risk-return trade-offs within stock markets cannot be rationalized by assumptions of global risk aversion. The extent to which dearth of global risk aversion is evidence of transitions between risk averse and risk seeking preferences, or interactions...

This study examines the extent to which reputation constructs proposed in NAH (Nahata 2008) or OBH (Obrimah 2016a) exhibit uniqueness properties expected to be characteristic of reputation constructs. Empirical results provide evidence of concave (non-unique) relations between reputation...

This study models price equilibriums that feasibly could obtain within stock markets. In all, the model generates five feasible price equilibriums. Given the equilibrium most attractive to issuers is characterized by presence of rational valuation bubbles, formal predictions show stock prices...