The Public-Private Partnership (P3 or PPP) model has been proposed as an alternative deliverysystem to address funding shortage problems associated with large-scale projects. Appropriately allocating and managing risks among project participants is critically important for a P3 projectâs...

The purpose of this study was to examine the effectiveness of water and sanitation service delivery in resource-limited settings using two different social theories (modernization and world system). Understanding that barriers to effectiveness are rooted in global structures that tend to present...

Public buildings and other public facilities are essential for the functioning and quality of life in modern societies, but they also frequently have a significant negative impact on the natural environment. Public agencies, with their large portfolios of facilities, have faced considerable...

The importance of environmental analysis in the strategic management process and the effects of economic value drivers on firm or industry performance have been discussed conceptually and empirically by researchers in corporate failure, and in the areas of finance, accounting, strategic...

This dissertation explores three current issues relevant to the accounting and business communities by empirically examining the effect these issues have on the bond credit market. The first study examines the effect earnings predictability has on both the initial bond rating and the initial...

The Co-Alignment Principle is a strategic management framework that guides value-added management. The model suggests that firms will perform successfully if they scan the environment for forces driving change and allocate their resources to industry-leading competitive methods that address...

EFFICIENCY AND ACCURACY OF ALTERNATIVE IMPLEMENTATIONS OF NO-ARBITRAGE TERM STRUCTURE MODELS OF THE HEATH-JARROW-MORTON CLASSTae Young ParkAbstractModels of the term structure of interest rates play a central role in the modern theory of pricing bonds and other interest rate claims. Term...

Some firms allow their CEO to hold the position of Chair of the Board of Directors while other firms choose to split those two positions between two different individuals. This dissertation first examines whether agency control mechanisms, agency problems, and other firm characteristics are...

Capital structure is one of the most frequent topics in the finance literature. This literature has its origins in studies of the manufacturing industry. Much of the results of this work have been applied indiscriminately to other industries without thorough validation. Only limited studies have...

The Heath-Jarrow-Morton (HJM) model represents the latest in powerful arbitrage-free technology for modeling the term structure and managing interest rate risk. Yet risk management strategies in the form of immunization portfolios using duration, convexity, and M-square are still widely used in...