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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Format: | Theses and Dissertations |
Language: | English |
Published: |
2016
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Subjects: | |
Online Access: | https://hdl.handle.net/10356/69280 |
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Institution: | Nanyang Technological University |
Language: | English |