Feedback and Firm Value
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Thavasi, Nigel
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Abstract
This essay analyzes the potential real economic effects of a feedback mechanism on firms' real investment and financing policies. Using a matched sample method with option-listed firms between 1973 and 2009, I document some evidence consistent with the presence of the feedback effect described in Goldstein and Geumbel (2008).
Description
Thesis (Ph.D.)--University of Washington, 2012