Now showing items 1-5 of 5
Three Essays on CEO Succession
This dissertation focuses on how newly appointed CEOs manage their leadership transition process and consists of three empirical essays. Findings from the first essay indicate that newly appointed CEOs could use influence ...
Essays on Banking and Debt Contracting
This dissertation contains three chapters. In the first chapter, I investigate whether restrictive loan covenants disrupt or improve firm operating performance. Using an instrumental variables approach to address the ...
Corporate Political Activity in State Legislatures: Evidence from the Healthcare Industry
We observe wide variation in the effectiveness of Corporate Political Activities (CPAs) across the American states. The purpose of this dissertation is to explain this variance. Why are the various CPAs more successful in ...
Toward an Accounting-Centric Principal-Agent Framework: Theory and Some Applications
I develop a principal-agent framework in which agents take actions that influence a firm's general ledger accounts. My framework is tractable and facilitates optimal closed-form solutions without assuming preferred actions ...