Browse Dissertations and Theses - Finance by Title

  • Kim, Taehyun (2015-07-17)
    The first essay shows that political capital is an important determinant of corporate investment and innovation. Using the unexpected exits of legislators from the U.S. Congress as exogenous shocks to politically connected ...

    application/pdf

    application/pdfPDF (4MB)Restricted to U of Illinois
  • Liu, Ping (2017-04-10)
    This thesis consists of three essays that examine theoretical and empirical questions in corporate finance. The first essay develops a unified general equilibrium framework examining the joint relationships between firm ...

    application/pdf

    application/pdfPDF (4MB)
  • Kim, Hwanki Brian (2018-04-19)
    In the first chapter, using new patent-based industry-level measures of the horizons and values of corporate investment, I find that in response to an increase in long-term institutional ownership firms reallocate their ...

    application/pdf

    application/pdfPDF (626kB)Restricted Access
  • Campello, Murillo Netto Carneiro (2000)
    Chapter III examines how a firm's financial decisions are influenced by both its corporate tax status as well as the personal tax status of its particular investors. Using the Tax Reform Act of 1986 as exogenous shock to ...

    application/pdf

    application/pdfPDF (6MB)Restricted to U of Illinois
  • Jacobs, Thomas A. (2010-08-20)
    The financial crisis of 2007-2008 led to extraordinary government intervention in firms and markets. The scope and depth of government action rivaled that of the Great Depression. Many traded markets experienced dramatic ...

    application/pdf

    application/pdfPDF (2MB)
  • Lee, Jiyoon (2015-04-24)
    Three essays in empirical corporate finance

    application/pdf

    application/pdfPDF (1MB)
  • Muravyev, Dmitriy (2012-06-27)
    This thesis consists of three essays that examine various problems in empirical derivatives. In the first essay, we use “tick-by-tick” quote data for 39 liquid U.S. stocks and options on them, and focus on events when the ...

    application/pdf

    application/pdfPDF (3MB)
  • Risik, Elizabeth A. (2010-08-20)
    In the first chapter of this dissertation, entitled “Signaling and Value Creation in Mergers,” I analyze the acquirers in both withdrawn and completed merger deals to disentangle the effects of signaling from those of ...

    application/pdf

    application/pdfPDF (1MB)
  • Serbin, Vitaly A. (2001)
    Dynamic factor models for forecasting stock return covariance matrix. Factor models are quite popular for forecasting covariances as they reduce the impact of the idiosyncratic return component on forecasts based on the ...

    application/pdf

    application/pdfPDF (7MB)Restricted to U of Illinois
  • Kim, Yongjun (2017-07-12)
    The first essay, Wage Differentials, Firm Investment, and Stock Returns, investigates the effects of labor costs on firms’ capital investments and stock returns. I estimate wage premia across U.S. industries and show that ...

    application/pdf

    application/pdfPDF (561kB)
  • Nguyen, Quoc (2014-01-16)
    The first essay asks the question: Do investors pay attention to foreign market conditions when they evaluate multinational corporations? Using geographic segment disclosures by U.S. multinational companies, I find that ...

    application/pdf

    application/pdfPDF (981kB)
  • Marks, Joseph M. (2005)
    In the last chapter, the quality of information produced by investment analysts is studied. In particular, newly available analyst forecasts of revenue per share are examined to assess accuracy and potential biases. Revenue ...

    application/pdf

    application/pdfPDF (5MB)Restricted to U of Illinois
  • Spencer, Xiangyi Xie (2016-07-11)
    My first essay, Domestic, Nonfinancial Commercial Paper after 2000, examines why the commercial paper (CP) outstanding of domestic nonfinancial firms plunge in early 2000's and never recover. By looking at the past 21 years ...

    application/pdf

    application/pdfPDF (1MB)
  • Dehring, Carolyn Ann (2001)
    This thesis explores a broad range of issues and techniques, both theoretical and empirical, in the field of real estate and urban economics. The first chapter provides the motivation for the essays contained in this thesis, ...

    application/pdf

    application/pdfPDF (4MB)Restricted to U of Illinois
  • Zhang, Yilin (2014-05-30)
    This dissertation consists of three chapters, each corresponding to an essay on one topic in asset pricing. Chapter 1 is titled “How Do Oil Shocks Affect Stock Market Risk” and aims to explain some documented comovements ...

    application/pdf

    application/pdfPDF (3MB)
  • Deng, Qian (2008)
    The third chapter estimates the conditional variance of daily stock returns using an extended GARCH model with event-related dummy variables to capture the predictable components of volatility change, such as earnings ...

    application/pdf

    application/pdfPDF (2MB)Restricted to U of Illinois
  • Lagaras, Spyridon (2018-04-13)
    This thesis consists of three essays that examine empirical questions in corporate finance and labor markets. In the first essay, I use a matched employer-employee dataset linked with hand-collected data on M&A activity ...

    application/pdf

    application/pdfPDF (1MB)Restricted to U of Illinois
  • Julio, Brandon (2007)
    The final essay examines how firms structure debt contracts. Debt securities differ on a number of dimensions, including quality, maturity, seniority, security, and convertibility. The empirical results suggest that there ...

    application/pdf

    application/pdfPDF (4MB)Restricted to U of Illinois
  • Gu, Lifeng (2013-05-28)
    My first essay, Product Market Competition, R&D Investment and Stock Returns, considers the interaction between product market competition and investment in research and development (R&D) to tackle two asset pricing ...

    application/pdf

    application/pdfPDF (2MB)
  • Henderson, Brian Joseph (2006)
    In the third chapter, the choice of marketplaces in which firms issue securities is studied. Since capital markets are not seamlessly integrated, firms may be able to issue securities into foreign markets to take advantage ...

    application/pdf

    application/pdfPDF (4MB)Restricted to U of Illinois