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Some of the material in is restricted to members of the community. By logging in, you may be able to gain additional access to certain collections or items. If you have questions about access or logging in, please use the form on the Contact Page.
This dissertation is comprised of two essays that focus on the role of disposition effect to market reactions in seasoned equity offerings and the importance of considering the dynamics of reference price in disposition effect. The first...
Chapter one examines how weather conditions near a firm’s major institutional investors affect stock market reactions to firms’ earnings announcements. We find that unpleasant weather experienced by institutional investors leads to...
This dissertation examines several key aspects regarding health insurance policies in the United States. The development of the United States health insurance market began in the 1920s with life insurance companies selling traditional...
Motivated by voluntary disclosure theory, I examine the relation between innate and discretionary accruals quality (AQ) and management's earnings forecast decisions. I argue that AQ provides an indication of the quality of managers'...
Chapter One examines the role of activist investors in firms’ decisions to conduct open market share repurchases. Compared with firms making ordinary share repurchases, firms making activist-involved repurchases have more cash holdings, ...
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