Three essays on corporate finance

In essay one, we examine how employee layoffs, actions that lower a firm’s social performance, affect stakeholder wealth and post-layoff contract terms with stakeholders. We find that although layoff-performance sensitivity is similar between firms with high and low corporate social responsibility (...

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Bibliographic Details
Main Author: Selvam, Srinivasan
Other Authors: Kang Jun-Koo
Format: Theses and Dissertations
Language:English
Published: 2016
Subjects:
Online Access:https://hdl.handle.net/10356/69280
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Institution: Nanyang Technological University
Language: English