LDR | | 00000nam u2200205 4500 |
001 | | 000000433275 |
005 | | 20200225133125 |
008 | | 200131s2019 ||||||||||||||||| ||eng d |
020 | |
▼a 9781085783484 |
035 | |
▼a (MiAaPQ)AAI13881517 |
040 | |
▼a MiAaPQ
▼c MiAaPQ
▼d 247004 |
082 | 0 |
▼a 330 |
100 | 1 |
▼a Chen, Alvin. |
245 | 10 |
▼a Essays on Information Structure and Corporate Policies. |
260 | |
▼a [S.l.]:
▼b University of Washington.,
▼c 2019. |
260 | 1 |
▼a Ann Arbor:
▼b ProQuest Dissertations & Theses,
▼c 2019. |
300 | |
▼a 107 p. |
500 | |
▼a Source: Dissertations Abstracts International, Volume: 81-04, Section: A. |
500 | |
▼a Advisor: Bond, Philip. |
502 | 1 |
▼a Thesis (Ph.D.)--University of Washington, 2019. |
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▼a This item must not be sold to any third party vendors. |
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▼a This item must not be added to any third party search indexes. |
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▼a These essays explore the connection between the structure of information and corporate policies. The first essay, "Firm Performance Pay as Insurance for Workers," studies a setting in which non-executive workers compete against each other for promotions into higher level positions. I show that when workers prefer early resolution of uncertainty, information about firm output generates promotion risk, against which firm performance pay insures. The second essay, "Fighting Fire with Fire: Mitigating Information Asymmetry with Open-Market Repurchase Program," analyzes the effects of open-market repurchase programs on liquidity. I find that in the presence of other informed traders, share repurchases generate two competing effects on liquidity trading costs. I provide conditions under which repurchase programs mitigate the adverse selection problem, rather than exacerbate it. |
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▼a School code: 0250. |
650 | 4 |
▼a Finance. |
650 | 4 |
▼a Economics. |
650 | 4 |
▼a Economic theory. |
690 | |
▼a 0508 |
690 | |
▼a 0501 |
690 | |
▼a 0511 |
710 | 20 |
▼a University of Washington.
▼b Business - Foster School of. |
773 | 0 |
▼t Dissertations Abstracts International
▼g 81-04A. |
773 | |
▼t Dissertation Abstract International |
790 | |
▼a 0250 |
791 | |
▼a Ph.D. |
792 | |
▼a 2019 |
793 | |
▼a English |
856 | 40 |
▼u http://www.riss.kr/pdu/ddodLink.do?id=T15491192
▼n KERIS
▼z 이 자료의 원문은 한국교육학술정보원에서 제공합니다. |
980 | |
▼a 202002
▼f 2020 |
990 | |
▼a ***1816162 |
991 | |
▼a E-BOOK |