Human nature does not like change, and unfortunately, in some areas, changes must be made. From an economic standpoint, firms have to adapt to new technologies, the size of markets change constantly as a result of globalization, and customers' needs are never-ending and wide-ranging. In a word,...

Consolidation in the financial industry has progressed rapidly in many countries. In the United States, large financial corporations, such as Citigroup and JP Morgan Chase, formed complex financial groups and conglomerate structures composed of a commercial bank, a securities company, and an...

This study examines the effect of financial reporting quality on risk shifting, an investment distortion that is caused by shareholders' incentives to engage in high-risk projects that are detrimental to debt holders. I use asymmetric timeliness to proxy for a dimension of accounting quality...

I study the evolution of Statement of Financial Accounting Standard (SFAS) # 142, which uses unverifiable fair-value estimates to account for acquired goodwill. I find evidence consistent with the Financial Accounting Standards Board (FASB) issuing SFAS 142 in response to political pressure over...

Hybrid organizations combine institutional logics, often in a search for novel solutions to complex problems such as climate change. This dissertation explores the conditions under which hybrid organizations are effective in realizing such solutions, along with the processes that strengthen or...

This thesis explores different aspects of the effect the organization and the level of vertical integration of an organization have on the investment decisions the firm takes and subsequently the effect of such decisions on the performance of the firm. This thesis uses the biopharmaceutical...

In numerous industries, the competitive landscape significantly evolved in the last few decades. From local organizations serving local customers with a portfolio of products and services adapted and dedicated to the specificities of each local market, firms modified their organization structure...

The Korean insurance industry has rapidly grown over the past decade, and at the same time the asset size of Korean insurance companies increases very fast. So the effective and scientific asset management becomes very essential for these companies to stay profitable. Korean insurance companies...

Prior authors have concluded that case-specific determinants, such as the number of professionals involved in a given case or the lead attorney's hourly rate, are the principal determinants of variance in professional fees and expenses in US corporate restructurings. The implication has been...

BS Grupo is a Peruvian entrepreneurial venture begun in 2000. The company has grown relatively fast, becoming a leading training provider in Peru. The venture delivers high level and specialized training services in the the areas of mining and information technologies, and on specific topics,...