Browsing Business administration by Title
Now showing items 1-20 of 102
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Audit Committee Expertise: An Examination of the Post-SOX Era
I examine whether accounting experts on the audit committee outperform other financial experts in monitoring financial reporting in the post-SOX era. SOX changed both the audit committee composition and financial reporting ... -
Board Dynamics: A Structural Investigation
This paper studies how board structure changes with CEO characteristics. I estimate a structural model that endogenizes board structure, CEO firing, and firm performance to mitigate endogeneity concerns. Adopting such an ... -
Can “I” and “We” in Accounting Disclosures Influence Investors’ Perceptions of Manager Credibility and Investment Decisions?
I contribute to a growing literature on the role of managers’ language choices in financial reporting by studying whether managers’ pronouns influence investor judgments and decisions. I study the impact of managers’ use ... -
Choice avoidance in managerial accounting decisions
(2002)Managers often delay making decisions when decision tools indicate a preferred alternative. This avoidance behavior is costly. I posit this tendency to delay arises from the conflict inherent in choice and the manager's ... -
Community-Based Financing: Entrepreneurial Resource Acquisition in the Age of Disintermediation
Theories of resource acquisition generated by observing how early-stage ventures attain financial capital from professional investors may not apply to increasingly prevalent online financing settings such as crowdfunding, ... -
Contingencies between organizational identification and professional employee performance
(2007)Organizational identification research demonstrates only weak support for the central hypothesis that organizational identification motivates employees to pursue organizational goals. I show that the influence of organizational ... -
Corporate Social Media: How Two-Way Disclosure Channels Influence Investors
I examine how a firm’s engagement with individuals on social media affects the firm’s reputation and its attractiveness as an investment. I focus on a case in which a Twitter user criticizes an application of managerial ... -
Costs and benefits of managing earnings to meet an earnings target
(2002)I examine both the incentives and the disincentives associated with managing earnings to meet a specific earnings target by looking at two related questions: What are the benefits that firms seek by managing earnings to ... -
Curiosity Can Resist Anything but Temptation: The Incidental Effects of Curiosity on Indulgent Consumption
Curiosity can do more than kill a cat. The present research sheds light on an unexpected consequence of curiosity by showing that curiosity can lead to indulgent consumption. Four experiments present convergent evidence ... -
Currency Denomination Decision and the Cost of Capital: Evidence from Global Bonds
This paper studies the currency choice of government and public agency borrowers when they issue bonds in the international market. In particular, by constructing a comprehensive sample of global bonds issued by these ... -
Dividend capture and the Tax Reform Act of 1986
(1991)This dissertation develops direct tests for the presence of dividend capture trading in NYSE stocks. The empirical method also separates stocks with dividend capture trading from those whose ex-day returns are set by the ... -
Dividends and earnings: their effect on firm value
(1992)This dissertation investigates the relation between firm value, dividends, and earnings. It develops a model of firm value which distinguishes between the operating activities of the firm, in which the average return on ... -
Do two Libor reforms reduce the effect of incentives on submitted rates?
Libor is a set of survey-based reference interest rates for an estimated $350 trillion in financial instruments. In 2013, administrators adopted several reforms designed to improve Libor. Two key reforms were (1) eliminate ... -
Dynamic Management of Loyalty Program Strategies
Loyalty programs are a major strategy used in firm CRM efforts, with resources in excess of $48 billion spent in 2013 on loyalty programs in the U.S. alone (Berry 2013). Yet inconsistent returns still result in costly ... -
Dynamic Scheduling Policies in Production-Inventory Systems with Returns or Two Classes of Demands
(2013-11-14)A major concern in operations and supply chain management research has been to determine optimal policies to minimize costs in production and inventory systems. This dissertation consists of two applications of ... -
The Effect of Passive Investment on a Firm’s Information Environment
Passive investment strategies (i.e., indexing) have grown substantially over the past twenty years to over $3 trillion in assets, but there is little empirical evidence on the effect of indexers on a firm’s information ... -
The Effects of Punishment on Observers: A Model and Empirical Demonstration
(2012-09-13)Punishment is an unpleasant but necessary part of organizational life. Common wisdom suggests that punishing employees for undesirable behaviors is not as effective as rewarding them for desirable behaviors, leading managers ... -
The effects of securitization on consumer mortgage financing costs
(1997)Although previous studies have found that securitization reduces primary mortgage rates by 30 basis points or more, I find these benefits disappear when fixed and adjustable rate spreads are unbundled and measured separately. ... -
Effects of Temporal Self-Comparisons on the Pursuit of Improvement
This dissertation consists of three chapters. Chapter one reviews the current state of knowledge on temporal self-comparisons and distills different theories and findings into three key principles that can guide future ... -
Ego Depletion and Behavioral Ethics
In this dissertation, I examine ego depletion’s effects on ethical decision making. Chapter One first provides a brief introduction and a coherent framework of my work in the area of ego depletion and behavioral ethics. ...