In recent decades, greater globalization in the world economy has increased economic and financial interconnectedness among countries, governments, firms, and households, creating important benefits and opportunities, but also generating threats and risks. I examine three questi…
This study analyzes the explanatory power of some of the recent theories of capital structure of financial institutions and examines the relationship between business risk and leverage, and between risk-weighted assets and leverage of banks, in particular. The very nature of dep…
How can states deter wars between other states without choosing sides? When will they try? When will they succeed? States sometimes do try to deter both sides in a rivalry. I call them “pivot-states,” and the policy “pivotal deterrence.” Using a deductive model I first identify …
Overconfidence and its relationship to investor market participation is well established in the finance literature. The research into investors and social networks is only in its infancy, however. This thesis extends the literature by expanding on both subjects individually, the…
This thesis analyses the impact of tax policy on firms' leverage ratios in a balanced panel of 129 medium-sized listed companies from II European countries from 1993 to 2005. A general model of company leverage is applied within which King's tax ratios are used to capture tax po…
What kinds of power-resources do third party interveners employ to influence adversarial parties' behavior in the course of mediation? What factors and circumstances shape the effective use of such resources? This study attempts to answer these and allied questions by examining …
Growing sustainability concerns have made manufacturers increasingly responsible for larger portions of the product life cycle. But, manufacturers have not been able to synthesize sustainability fully into their decision making because they do not completely understand the relat…
The financial crisis of 2007-2009 had divesting effects around the globe. Many financial institutions and government officials failed to see the build up of problems predicting the crisis and hence failed to take actions to keep the crisis from breaking out. Thus, it is importan…
This dissertation explains when countries with nuclear weapons ambitions comply with or defy foreign demands that they abandon their bomb aims and accept restrictions on their nuclear progress. It argues that the likelihood of compliance with nonproliferation demands depends on …