This thesis examines how industry differences affect both corporate financial policies and valuation. Chapter 1 studies the impact of a firm‟s product market power, through the channel of business risk, on its dividend policy. Using three measures of market power – the Herfindahl-Hirschman...

A new strand of literature has recently sought to investigate possible links between technological changes, observed modifications to firms' organizational structure and the evolution of the wage gap between skilled and unskilled workers. After a brief overview of such approaches, this essay...