Some existing nonparametric two-sample tests for equality of multivariate distributions perform unsatisfactorily when the two sample sizes are unbalanced. In particular, the power of these tests tends to diminish with increasingly unbalanced sample sizes. In this article, we propose a new...

We construct a continuous distribution G such that the number of faces in the smallest concave majorant of the random walk with G-distributed summands will take on each natural number infinitely often with probability one. This investigation is motivated by the fact that the number of faces Fn...

Some existing nonparametric two-sample tests for equality of multivariate distributions perform unsatisfactorily when the two sample sizes are unbalanced. In particular, the power of these tests tends to diminish with increasingly unbalanced sample sizes. In this paper, we propose a new testing...

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...