Now showing items 1-4 of 4
Two Essays on Equity Mutual Funds
(Virginia Tech, 2011-08-05)
Previous research has shown that expected market returns vary over time and that this variation can be predicted by variables such as dividend yields and book-to-market ratios (Fama and French (1989); Campbell and Thompson ...
Two Essays on Mergers and Acquisitions
(Virginia Tech, 2012-03-28)
This dissertation consists of two chapters. The first chapter examines the valuation effect of the Q-hypothesis of mergers and acquisitions. The Q-hypothesis of mergers and acquisitions proposes that takeovers of low-Q ...
Two Essays on Mutual Fund Herding
(Virginia Tech, 2011-04-15)
This dissertation consists of two chapters. First chapter examines whether herding by actively managed equity funds affects their performance. For this purpose, first the effect of herding on stock returns is reexamined ...
Two Essays on Executive Compensation
(Virginia Tech, 2017-08-15)
This dissertation consists of two essays, both co-authored with Ugur Lel. The first essay (Chapter 1) examines whether high CEO pay inequality (CPI), the share of total managerial pay captured by the CEO, is an outcome of ...