This is an interdisciplinary work in industrial relations, focusing particularly on union growth. As such, its methodological properties derive from four different fields in the social sciences; a relatively recent development in sociology and social theory, industrial relations…
This thesis sociologically analyses the development of consumer credit within the United States and the forms through which it has been governed and regulated. It is demonstrated that, as the consumption of goods and services came to play an increasingly important role in the me…
This thesis includes four empirical studies related to foreign direct investment (FDI), governance, economic growth and the environment. We firstly investigate the existence of the so called pollution haven hypothesis (PHH) in China, i.e. the impact of regional environmental reg…
Providing access to finance to the poor has been proposed as a tool for economic development and poverty reduction. Our research aims to provide a deep analysis of how to enhance access to finance on a sustainable basis, focussing on rural Vietnam. It analyzes four main areas: (…
This thesis analyses how trade liberalisation and Foreign Direct Investment (FDI) have impacted on Mexico’s economy. Time series econometric estimations techniques and estimations of a dynamic simultaneous equations system were conducted using quarterly data (from 1980 to 2002).…
This thesis aims to add empirical evidence to the corporate finance literature by looking at two main financing issues, namely firms’ payout policies and capital structure decisions, in the context of emerging markets. The thesis consists of seven chapters, including five main s…
The structure of financial systems is not static but it is under a continuous process of change. Financial innovation is the key word behind these structural changes and a word that is increasingly attracting- considerable attention recently. We can observe a rapid acceleration …
The thesis examines the effect of exchange rate variability on firms' export decisions, using data for UK manufacturing firms. We separately investigate the relationship between the changes of level of exchange rate and exports and that between exchange rate uncertainty and expo…
This thesis aims to explore stock liquidity, a crucial attribute of financial assets, in US market. In particular, this research attempts to address a number of issues in the theoretical study of liquidity, some of which even still matters for debate. The empirical results in Ch…
This thesis presents three papers in the field of international finance and provides a study of the international capital flows from a macro-finance perspective. The first paper is an empirical investigation of the relative importance of hot money in bank credit and portfolio fl…
This thesis identifies and quantifies the impact of cognitive errors in certain aspects of investor decision-making. One error is that investors are unaware that the Internal Rate of Return (IRR) is a biased indicator of expected terminal wealth for any dynamic strategy where th…
This thesis consists of three essays on international finance. In the first study, we examine the properties of carry trade and momentum returns in the interwar period currency markets. We find that these active currency trading strategies earn an annualized average excess retur…
This thesis presents a novel model for service selection and composition in Cloud-based Service-Oriented Architectures (CB-SOA), which is called CloudMTD, using real options, Dependency Structure Matrix (DSM) and propagation-cost metrics. CB-SOA architectures are composed of web…
This thesis examines the reaction of monetary policy to income inequality and the effect of asset price changes and financial sector development on income inequality. The actions of monetary authorities in the U.S and elsewhere during the financial crisis period have had a major…
The present dissertation includes three essays on initial public offerings (IPO). The first chapter investigates the impact of venture capital (VC) syndicate size and diversity on the IPO and post-IPO performances of investee companies. We provide evidence that firms backed by l…
Portfolio optimization in an uncertain environment has great practical value in investment decision process. But this area is highly fragmented due to fast evolution of market structure and changing investor behavior. In this dissertation, four methods are investigated/designed …
This thesis comprises of five chapters. The first chapter gives a brief introduction on the existing literature about the optimal trading order execution problem, the concept of limit order book, market impact models and their underlying market microstructure. We will also provi…
Further studies are required to provide an insight and understanding into the internationalisation process of EMNCs, because the theories of firms' internationalisation were developed from studies in advanced countries. However the behaviour of EMNCs may be different from that o…
This thesis consists of three main chapters. Its first and second chapters are concerned with univariate distributions modelling of financial data, while the third chapter has more applied and pragmatic financial scope of the Value-at-Risk estimations. First chapter targets deve…