This Is AuburnElectronic Theses and Dissertations

Browsing Auburn Theses and Dissertations by Department "Finance"

Now showing items 1-16 of 16

The Characteristics of REITs During the Financial Crisis: Evidence from the Stock and Option Markets 

Shang, Ke (2013-11-15)
In this thesis, we examine the characteristics of real estate investment trust (REIT) equity with the sample of Simon Property Group Inc. (SPG) during the financial crisis (from 2006 to 2008). Diavatopoulos, Fodor et al. ...

Corporate Risk and Corporate Governance 

Li, Hao (2009-04-29)
This thesis investigates the effect of Gompers, et al.’s goverance index (gindex) and other possible factors on corporate risk. I find that corporate risk is significantly inversely-related with the gindex, which essentially ...

An Empirical Study of the Dim Sum Market 

Sizong , Lu (2014-05-16)
This thesis represents a comprehensive study of the Hong Kong Dim sum market and the effect of country, issuers’ industry, and rating on the characteristics of Dim sum bonds. I find evidence that Dim sum bonds issued by ...

Essays on Banking and Housing 

Xu, Jiayi (2021-04-15)  ETD File Embargoed
In 1865, the first minority bank in the United States was established. Over time, banks owned or controlled by minorities have grown in number. Yet, one hundred and fifty years later, they still account for only 2.8 percent ...

Essays on Financial Institutions and Financial Stability 

Sun, Yanfei (2019-04-09)
This dissertation is composed of three essays related to financial institutions and financial stability. The first essay constructs a measure of integration among global banks and examines its impact on bank insolvencies ...

Essays on Forecasting in Finance 

Burson, Jonathan (2021-07-22)  ETD File Embargoed
This dissertation is composed of three essays related to forecasting in various financial markets. The first essay reviews over 60 studies published from 2008 to 2021 that investigate the causes of the mortgage crisis ...

Essays on Option Hedging and Application of the Black-Scholes Model 

Ni, Yinan (2020-05-04)
This dissertation is composed of three essays related to hedging and application of the Black-Scholes model. The first essay is motivated by the short-lived arbitrage model, which has been shown to significantly improve ...

The Impact of the Sarbanes-Oxley Act of 2002 on the Premia Paid for Target Companies in Mergers and Acquisitions 

Gallyamova, Renata (2008-05-15)
This thesis investigates the impact of the Sarbanes-Oxley Act of 2002 on the premia paid for target companies in mergers and acquisitions. I am analyzing a sample of 104 deals, where both the target and the acquiring company ...

Sell in May and Go Away Effect: Evidence from Developed, Emerging, and Frontier Markets 

Zhao, Ruwei (2013-11-08)
This thesis represents a comprehensive study of the Sell in May Effect. I follow the work of Bouman and Jacobsen (2002) and Andrade et al. (2013) on a large sample of countries consisting of 24 developed, 21 emerging and ...

Size and Price-to-Book Effects in Stock Returns: Evidence from Chinese Stock Markets 

Zhang, Haoran (2013-04-19)
In this thesis, the relationship between stock return, beta, size and P/B ratio in the Chinese stock market is reexamined. Jensen, Johnson, and Mercer’s approach is applied to confirm whether the P/B effect and size effect ...

A Test of Market Efficiency When Short Selling is Prohibited: A Case of the Dhaka Stock Exchange 

Sochi, Maria (2015-12-08)
This study investigates the impact of an absence of short-selling practice on stock price efficiency in the Dhaka Stock Exchange (DSE). I estimate the sign and magnitude of runs ranging from one-day to twenty-day-long runs ...

Three Essays on Asset Management and Financial Institutions 

Zhang, Shen (2019-07-18)  ETD File Embargoed
In Chapter 1, we investigate the role of mutual fund flows in incorporating market sentiment into asset prices. We show that retail investors adjust their investments among mutual fund categories in response to changes in ...

Three Essays on Banking, Digital Finance, and Financial Inclusion. 

Nguyen, Thi Hong Nguyen (2021-07-12)  ETD File Embargoed
The first essay examines how financial literacy affects household choice as being banked only, underbanked, or unbanked. Also, the relationship between financial literacy and household use and frequency of use of different ...

Three Essays on Corporate Finance and Institutional Investors 

Trinh, Tri (2019-07-02)  ETD File Embargoed
In chapter 1, we investigate the effects of activist investors on firms’ mergers and acquisitions. Using a comprehensive data set, we find that 138 out of 1,301 acquirers have activist investors comprising both hedge fund ...

Three Essays on Financial Institutions and Markets 

Joo, Sunghoon (2019-04-26)
In chapter 1, given the financial troubles facing state pension plans in recent years, we examine determinants of the ratio of assets to liabilities, or the funded ratio, based on data for 153 pension plans from 2001 to ...

Three Essays on Market Efficiency and Corporate Payout Policy 

Zhang, Haoran (2019-04-29)  ETD File Embargoed
Chapters 1 and 2 of this dissertation discuss a special form of regulation, soft intervention, in China. Securities Laws in China are administered by the Chinese Securities Regulatory Commission (CSRC). The CSRC has great ...