These studies investigate corporates’ financing activity with a special focus on the interaction between the banking industry and corporate borrowers. corporate borrowers during the financial crisis of 2007-2009.
By showing how changes in the banking industry affect firms’ financing decision and performance, this dissertation highlights the important role of the banking industry in shaping the real economy in a world of market friction in place. We focus on firms’ stock performance and find that government capital infusions in banks have a significantly positive impact on borrowing firms’ stock returns.
Traditional frameworks for the influence of diversity suggest that diversity can enhance decision making by adding to the backgrounds and perspectives that can be applied to a given task.
Technology has greatly impacted how economic agents interact in various markets, including transportation and online display advertising.
In particular, we study pricing and staffing decisions for ride-hailing platforms.
This dissertation explores the dynamic nature of passion.We further find that more bond maturity dispersion results in higher funding availability and lower funding costs. The effects are stronger for firms that face more funding liquidity risk. Interestingly, only bank entries via new branches significantly increase bank competition, improve the availability of credit to small businesses, and facilitate economic growth. This document is a general guide to the presentation and submission of theses and dissertations and contains additional information about related policies and procedures.This calls for a better understanding of some of the key features of these marketplaces and the development of fundamental insights for this class of problems.In this thesis, we study markets for which spatial and incentive considerations are crucial factors for their operational and economic success.This dissertation focuses on analyzing how integration has changed over time in developed and, especially, emerging markets.In particular, the chapters tackle different aspects of how integration has changed over time and the relevance of particular global factors in pricing.This dissertation focuses on understanding how consumers perceive, adopt, and use technologies that blur the line between human and machine, with two primary goals.Modern organizations increasingly rely on teams to act as information processors—pooling and integrating various sources of information in order to solve complex problems and reach quality decisions.