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Three essays in corporate governance and corporate finance : international evidence (2017)
Thesis
Hernandez Perdomo, E. A. (2017). Three essays in corporate governance and corporate finance : international evidence. (Thesis). University of Hull. Retrieved from https://hull-repository.worktribe.com/output/4219677

This thesis presents three original research frameworks, two in corporate governance and one in corporate finance, distributed in three empirical chapters, respectively. Specifically, in Chapter 1, a novel multi-criteria decision analysis (MCDA) appr... Read More about Three essays in corporate governance and corporate finance : international evidence.

Herding in frontier markets: Evidence from African stock exchanges (2016)
Journal Article
Guney, Y., Kallinterakis, V., & Komba, G. (2017). Herding in frontier markets: Evidence from African stock exchanges. Journal of International Financial Markets, Institutions and Money, 47, 152-175. https://doi.org/10.1016/j.intfin.2016.11.001

We investigate herding in eight African frontier stock markets between January 2002 and July 2015, given the limited evidence on herding in frontier markets. Herding appears significant throughout the 2002-2015 period for all markets, with smaller st... Read More about Herding in frontier markets: Evidence from African stock exchanges.

An international examination of the economic effectiveness of banking recapitalization (2016)
Journal Article
Adegbite, E., Tahir, S., Guney, Y., & Adegbite, E. A. (2017). An international examination of the economic effectiveness of banking recapitalization. International Business Review, 26(3), 417-434. https://doi.org/10.1016/j.ibusrev.2016.10.002

© 2016 Elsevier Ltd While the literature on capital adequacy and bank recapitalization agrees on the importance of a minimum capital requirement, recurring financial crises across the world do little to suggest that capital adequacy is enough protect... Read More about An international examination of the economic effectiveness of banking recapitalization.

Corporate hedging, firm risk, value, and performance : evidence from UK firms (2016)
Thesis
Ahmed, H. B. (2016). Corporate hedging, firm risk, value, and performance : evidence from UK firms. (Thesis). University of Hull. Retrieved from https://hull-repository.worktribe.com/output/4222204

This study investigates the corporate hedging decisions associated with firm value, performance, and risk. A number of theories in risk management literature suggest that, in market imperfections, the use of derivative instruments for hedging purpose... Read More about Corporate hedging, firm risk, value, and performance : evidence from UK firms.

Testing for the weak-form market efficiency of the Dar es Salaam Stock Exchange (2016)
Book Chapter
Guney, Y., & Komba, G. (2016). Testing for the weak-form market efficiency of the Dar es Salaam Stock Exchange. In P. Andrikopoulos, G. Gregoriou, & V. Kallinterakis (Eds.), Handbook of frontier markets: The European and African evidence (3-26). Elsevier Academic Press. https://doi.org/10.1016/b978-0-12-803776-8.00001-x

This chapter investigates the weak-form efficiency of the Dar es Salaam Stock Exchange (DSE), a frontier market, in Tanzania. The study covers the period from Jan. 2007 to Dec. 2014. To establish the consistency and robustness of the obtained conclus... Read More about Testing for the weak-form market efficiency of the Dar es Salaam Stock Exchange.

Essays on investor behaviour and corporate governance in sub-Saharan African frontier markets (2016)
Thesis
Komba, G. V. (2016). Essays on investor behaviour and corporate governance in sub-Saharan African frontier markets. (Thesis). University of Hull. Retrieved from https://hull-repository.worktribe.com/output/4218640

This thesis consists of three essays that address the question, whether the dynamics of investing in the developed markets are applicable in the Sub-Saharan African (SSA) frontier markets following the emerging market’s experience. The first essay (c... Read More about Essays on investor behaviour and corporate governance in sub-Saharan African frontier markets.

Three essays on the evaluation of renewable energy investments and the effectiveness of support schemes (2015)
Thesis
Alhassan, A. M. (2015). Three essays on the evaluation of renewable energy investments and the effectiveness of support schemes. (Thesis). University of Hull. Retrieved from https://hull-repository.worktribe.com/output/4221797

Renewable energy development is a critical aspect of the political agenda of the European Union (EU) due to its environmental friendliness as well as enhancing economic development. Electricity markets in the EU have changed due to rising capacity an... Read More about Three essays on the evaluation of renewable energy investments and the effectiveness of support schemes.

The effect of hedging on firm value and performance: Evidence from the nonfinancial UK firms (2014)
Conference Proceeding
Ahmed, H., Azevedo, A., & Guney, Y. (2014). The effect of hedging on firm value and performance: Evidence from the nonfinancial UK firms.

We examine the effect of hedging with financial derivatives on firm value and financial performance, relying on a new dataset which comprises information on 288 nonfinancial firms listed in the FTSE-All share index at the London Stock Exchange (LSE)... Read More about The effect of hedging on firm value and performance: Evidence from the nonfinancial UK firms.

An empirical analysis of IPOs and SEOs : evidence from the Chinese stock markets (2014)
Thesis
Xu, T. (2014). An empirical analysis of IPOs and SEOs : evidence from the Chinese stock markets. (Thesis). University of Hull. Retrieved from https://hull-repository.worktribe.com/output/4216477

Initial Public Offerings (IPOs) have drawn much attention among financial economists recently. However, gaps still exist and more empirical research is warranted, especially for immature stock markets, such as China. This research mainly concentrates... Read More about An empirical analysis of IPOs and SEOs : evidence from the Chinese stock markets.

Corporate dividend policy in Thailand: theory and evidence (2013)
Journal Article
Fairchild, R., Guney, Y., & Thanatawee, Y. (2014). Corporate dividend policy in Thailand: theory and evidence. International review of financial analysis, 31, 129-151. https://doi.org/10.1016/j.irfa.2013.10.006

This paper examines dividend changes in an emerging market: Thailand. We begin by considering the possible effects of the Thai corporate environment on dividend policy. We develop a theoretical model that considers the relationship between the streng... Read More about Corporate dividend policy in Thailand: theory and evidence.

Heterogeneous effect of ethnic networks on international trade of Thailand: The role of family ties and ethnic diversity (2013)
Journal Article
Duanmu, J., & Guney, Y. (2013). Heterogeneous effect of ethnic networks on international trade of Thailand: The role of family ties and ethnic diversity. International Business Review, 22(1), 126-139. https://doi.org/10.1016/j.ibusrev.2012.02.009

Ethnic networks have been found to have a pro-trade effect in previous research. However, the heterogeneous effect of different ethnicities is under-studied. Drawing on the literature on social structure, this paper attempts to untangle the heterogen... Read More about Heterogeneous effect of ethnic networks on international trade of Thailand: The role of family ties and ethnic diversity.

Crude oil price volatility and its impact on export dependent economies (2012)
Thesis
Tahir, S. (2012). Crude oil price volatility and its impact on export dependent economies. (Thesis). University of Hull. Retrieved from https://hull-repository.worktribe.com/output/4218821

Motivated by the problem of crude oil price volatility, this research is examining interdependences between crude oil price and each of GDP, foreign account, gold price, futures price, and also, stock markets. The research was mainly directed at exam... Read More about Crude oil price volatility and its impact on export dependent economies.

Three essays on determinants of FDI, MNCs' innovation, and ownership performance : evidence from a panel study of EU firms' investment in China (2012)
Thesis
Cai, H. (2012). Three essays on determinants of FDI, MNCs' innovation, and ownership performance : evidence from a panel study of EU firms' investment in China. (Thesis). University of Hull. Retrieved from https://hull-repository.worktribe.com/output/4219912

This thesis consists of three empirical studies. The aim of the thesis is to examine the determinants of European Union (EU) foreign direct investment (FDI), EU subsidiaries‘ innovation performance and EU subsidiaries‘ ownership performance in China.... Read More about Three essays on determinants of FDI, MNCs' innovation, and ownership performance : evidence from a panel study of EU firms' investment in China.

Capital structure and market timing in the UK : empirical evidence from UK firms (2011)
Thesis
Hussain, H. I. (2011). Capital structure and market timing in the UK : empirical evidence from UK firms. (Thesis). University of Hull. Retrieved from https://hull-repository.worktribe.com/output/4218424

This thesis studies capital structure of non-financial firm in the UK. It specifically examines the market timing theory of capital structure in the three different empirical chapters. Given that the market timing theory is new relative to the trade-... Read More about Capital structure and market timing in the UK : empirical evidence from UK firms.

The relationship between product market competition and capital structure in Chinese listed firms (2011)
Journal Article
Guney, Y., Li, L., & Fairchild, R. (2011). The relationship between product market competition and capital structure in Chinese listed firms. International review of financial analysis, 20(1), 41-51. https://doi.org/10.1016/j.irfa.2010.10.003

Financial and industrial economists have increasingly recognized the interaction between product market competition and financing decisions of firms. This paper analyzes the relationship between product market competition (measured by Tobin's Q) and... Read More about The relationship between product market competition and capital structure in Chinese listed firms.

A panel data analysis of locational determinants of Chinese and Indian outward foreign direct investment (2009)
Journal Article
Guney, Y., & Duanmu, J. L. (2009). A panel data analysis of locational determinants of Chinese and Indian outward foreign direct investment. Journal of Asia Business Studies, 3(2), 1-15. https://doi.org/10.1108/15587890980001512

The upsurge of Chinese and Indian outward foreign direct investment (FDI) raises an unanswered question about locational determinants of direct investment from the two countries. Using an unbalanced bilateral FDI database, we find that Chinese and In... Read More about A panel data analysis of locational determinants of Chinese and Indian outward foreign direct investment.

Exogenous and endogenous factors impacting student performance in undergraduate accounting modules (2009)
Journal Article
Guney, Y. (2009). Exogenous and endogenous factors impacting student performance in undergraduate accounting modules. Accounting education, 18(1), 51-73. https://doi.org/10.1080/09639280701740142

The objective of this study is to explore cross-sectionally the potential determinants of academic performance in undergraduate accounting modules for non-accounting degree students. The econometric model employs both student-oriented endogenous fact... Read More about Exogenous and endogenous factors impacting student performance in undergraduate accounting modules.

The determinants of corporate debt ownership structure: Evidence from market‐based and bank‐based economies (2008)
Journal Article
Antoniou, A., Guney, Y., & Paudyal, K. (2008). The determinants of corporate debt ownership structure: Evidence from market‐based and bank‐based economies. Managerial Finance, 34(12), 821-847. https://doi.org/10.1108/03074350810915806

Purpose This paper aims to investigate the determinants of choice between private and public debt for British and German listed companies. Design/methodology/approach The paper is based on three strands of theories: the “liquidation and renegoti... Read More about The determinants of corporate debt ownership structure: Evidence from market‐based and bank‐based economies.

The Determinants of Capital Structure: Capital Market-Oriented versus Bank-Oriented Institutions (2008)
Journal Article
Antoniou, A., Guney, Y., & Paudyal, K. (2008). The Determinants of Capital Structure: Capital Market-Oriented versus Bank-Oriented Institutions. Journal of Financial and Quantitative Analysis, 43(1), 59-92. https://doi.org/10.1017/s0022109000002751

The paper investigates how firms operating in capital market-oriented economies (the U.K. and the U.S.) and bank-oriented economies (France, Germany, and Japan) determine their capital structure. Using panel data and a two-step system-GMM procedure,... Read More about The Determinants of Capital Structure: Capital Market-Oriented versus Bank-Oriented Institutions.

Debt maturity structure of Chinese companies (2007)
Journal Article
Cai, K., Fairchild, R., & Guney, Y. (2008). Debt maturity structure of Chinese companies. Pacific-Basin Finance Journal, 16(3), 268-297. https://doi.org/10.1016/j.pacfin.2007.06.001

Numerous studies have focused on the theoretical and empirical aspects of corporate capital structure since the 1960s. As a new branch of capital structure, however, debt maturity structure has not yet received as much attention as the debt-equity ch... Read More about Debt maturity structure of Chinese companies.