Market efficiency, in its strong form, asserts that asset prices fully reflect all available information. The classical event study methodology attempts to make explicit this link by assuming rigid and universal event periods, in addition to many other restrictions. In contrast, our...

We interview Australian fund executives about how their organisations responded to MySuper, a regulatory framework for default retirement savings funds that providers were required to have in place by the beginning of 2014. In addition to providing an account of the influences on product design...

We propose a rationale for why firms often return to the equity market shortly after their initial public offering (IPO). We argue that hard to value firms conduct smaller IPOs, and that they return to the equity market conditional on positive valuation signal from the stock market. Thus,...

When early startups stage the financing of their capital investments, they are at risk of being severely diluted by venture capitalists later on. It is puzzling that early startups do so in a competitive financial market. This paper shows that staging is beneficial to an early startup with a...

Chapter Six: In Chapter six, I develop the Externalization Stages Theory based upon my survey’s empirical findings on: First, the Business Characteristics of firms, second the Management Behaviour of firms and third the Opinions of managers in the Internationalization stages. In addition, I...

In this Short-term Toxicity Test on Fish Embryo and Sac-Fry Stages, the life stages from the newly fertilized egg to the end of the sac-fry stage are exposed. The embryo and sac-fry stages of fish are exposed to five concentrations of the test substance dissolved in water. A choice, depending on...

Cavell suggests to us that conversations of justice do not just concern the problem of cooperation, but a way of life together. Conversation, as he puts it, captures the sense of opacity and non-transparence of the present state of our interactions. It highlights both the extent to which we are...