Asset-Backed securities (ABSs) have dominated the U.S. financial markets between the period of the late 90s and 2007; the start of the financial crisis. This was due to the rise of subprime mortgage lending within the U.S. ...

This paper examines the relation between bankruptcy probability and cost of debt using a sample of over 10,000 firms. This study assumes a positive relation between bankruptcy costs are significant and therefore influence ...

For the past 3 decades in interest in Corporate Social Responsibility (CSR) has grown tremendously. The research on this topic has focused in many directions but always ended up with contradictory results. The purpose ...

This paper gives a comprehensive analysis of the difference in financial exposure towards the Euro Area and towards the US of global investors. It finds that, although the US is by far the number 1 destination of foreign ...

Finance theory indicates that corporate hedging can increase firm value by reducing costs of taxes, financial distress and agency costs, and by reducing cash flow volatility. This paper covers both a direct effect of ...

This paper aims to examine the relation between the unconventional monetary policy of Quantitative Easing (QE) of European Central Bank (ECB) and stock returns in Euro zone financial markets. We cover the whole period from ...

This thesis studies the effect of oil price changes and the stock market returns in 26 countries comprising oil exporter and importer as well as developed and developing countries covering period of January 2000 to March ...

The aim of this research is to establish an explanation of a relationship between the Status Quo Bias and Indecisiveness on general decision-making. With the use of a survey, based on the work of Sautua (2017), participants ...

This study examines excess return on equities and the effect of financial crises and recessions on excess equity returns. Excess equity returns are observed in three northern European countries: The Netherlands, Germany, ...

The volatility smile may be an indication of the presence of informed traders and therefore may have predictive power for future stock returns. This thesis reports results of an analysis of the predictability of the ...