Now showing items 1-20 of 49

    • Simon, Leslie Ann (1985)
      The purpose of this study is to develop and empirically test a procedure to more effectively use the Capital Asset Pricing Model (CAPM) in the evaluation of securities. The CAPM is a conceptual tool used in estimating the ...
    • Gordon, Patrick Robert (1980)
      It is evident that the lease versus purchase (sell) problem is both complex and multi-faceted. Thus, the purpose of the study was to analyze one basic aspect of the problem -- the lease models being used by lessors in ...
    • Watson, Michael Lee (1997)
      In 1991, Michael O' Higgins and John Downes published Beating the Dow. Since then, the "Dogs of the Dow" strategies discussed in the book have received increasing levels of publicity. Although it is undeniable that the ...
    • Breazeale, Jonathan Paul (Texas A&M University, 2004-09-30)
      I examine the market reaction to merger announcements and the long-term post-merger stock price performance of newly merged firms. For a sample of 484 acquiring firms completing mergers between 1993 and 2000, the average ...
    • McClung, Spencer A., Jr. (1989)
      Similar to Cagan's study, this thesis is an empirical analysis of the determinants of the liquidity premium. These determinants will be examined, using linear regression analysis, as to their degree of influence on the ...
    • Harrison, Mary Lee (1989)
      Financial leverage has been found to be a significant determinant in the pricing of bank acquisitions. This project will focus on analyzing how financial leverage affects the value of a bank. To study this empirical ...
    • Gupta, Manu (Texas A&M University, 2005-08-29)
      As evident from recent changes in NYSE and Nasdaq listing requirements, board independence is considered an important constituent of firms?? corporate governance structures. However, the empirical evidence regarding the ...
    • Viale, Ariel Marcelo (Texas A&M University, 2007-09-17)
      This dissertation provides evidence on the risk factors that are priced in bank equities. Alternative empirical models with precedent in the nonfinancial asset pricing literature are tested, including the single-factor ...
    • Chi, Jianxin (Texas A&M University, 2005-08-29)
      Agency theories suggest that governance matters more when agency conflicts are potentially more severe. However, empirical studies often do not control for the potential severity of agency conflicts. I show that the marginal ...
    • Moorman, Theodore Clark (Texas A&M University, 2005-08-29)
      Extant literature finds that long-term abnormal stock returns are generated by a strategy based on corporate governance index values (Gompers, Ishii, and Metrick 2003). The result is inconsistent with efficient markets and ...
    • Park, Heungju (2012-10-19)
      This dissertation examines stock return predictability with aggregate credit conditions. The aggregate credit conditions are empirically measured by credit standards (Standards) derived from the Federal Reserve Board's ...
    • Yost-Bremm, Christopher Ryan (2016-01-22)
      This dissertation aims to understand the impact that currency movement—in particular U.S. dollar movement—has in determining the returns to individual global equities. To that end, the dissertation focuses on three main ...
    • Reese, Eric William (2013-02-04)
      Popular culture portrayals of physicians have evolved in important ways since the early 1950s. During this time predominant medical best practices have shifted from task oriented approaches to patient oriented approaches. ...
    • Erturk, Bilal (2009-06-02)
      Prior research has established that stocks with high dispersion of earnings forecasts or short interest are associated with low subsequent returns. Assuming dispersion of forecasts is a proxy for divergence of opinions and ...
    • Illeditsch, Philipp Karl (2009-05-15)
      In the first essay, I decompose inflation risk into (i) a part that is correlated with real returns on the market portfolio and factors that determine investor’s preferences and investment opportunities and (ii) a residual ...
    • Zhang, Jun (2014-06-02)
      The first essay, “Local Institutional Investors and the Maturity Structure of Corporate Debt”, examines the relation between the geographic proximity of a firm’s institutional shareholders and its debt maturity choices. ...
    • Bindal, Shradha (2019-05-31)
      The competitive environment of a firm shapes its financial policies. With the rise in the concentration of US industries, fewer listed firms, and reduced competition, questions about the effect of competition on firm ...
    • Tuncez, Ahmet Mithat (2016-08-03)
      The dissertation consists of three essays. The first essay examines the role of earnings per share (EPS)–tied performance metrics on firm value and share repurchase activity using compensation data from proxy statements. ...
    • Wu, Juan (2009-05-15)
      In the first essay, we provide new evidence on the relationship between order flow and prices, an issue that is central to asset pricing and market microstructure. We examine proprietary data on a broad panel of NYSE-listed ...
    • Haque, Syed Imranul (2016-07-27)
      In this dissertation, I study the role of a specific group of financial institutions, institutional investors, in the asset allocation process as well as in shaping corporate policies. The first essay investigates the role ...