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 investigates whether bitcoin as an investment asset offers diversification benefits, more specific whether bitcoin has hedge or safe haven properties. Bitcoin is a decentralized digital cryptographic currency ...

This study examines the role of the last financial crisis on the firm-specific determinants and different sectors of capital structure on firms in the US and Thailand. Specifically, I investigate whether there is a change ...

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, ...

This research investigated whether CSR performance influences shareholder wealth at the announcement period using a worldwide sample of mergers and acquisitions. This was investigated by using a short-term event study. ...

This paper examines investors’ reference point and satisfaction. We demonstrate that investors’ reference point and satisfaction are heavily affected by stock and market returns. Using an experimental design, we analyze ...