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Political Connections And The Value Of Cash Holdings, Yuanto KUSNADI 2019 Singapore Management University

Political Connections And The Value Of Cash Holdings, Yuanto Kusnadi

Research Collection School Of Accountancy

This study examines how political connections influence the value of cash holdings in an international setting. The main finding reveals that political connections are not associated with the value of cash holdings in the overall sample. However, further analysis demonstrates that political connections are negatively associated with the value of cash holdings for firms inemerging markets and in countries with high levels of corruption. Moreover, the negative valuation of cash holdings is driven by firms that are connected through large shareholders. Overall, the findings provide new insights into the value relevance of cash holdings, especially for politically connected firms.


Multi-Level Governance Of Climate Change Adaptation: United Nations Negotiations And Adaptation Project Implementation In Nicaragua And Samoa, Anna E. McGinn 2019 University of Maine

Multi-Level Governance Of Climate Change Adaptation: United Nations Negotiations And Adaptation Project Implementation In Nicaragua And Samoa, Anna E. Mcginn

Electronic Theses and Dissertations

The rapid entry into force of the Paris Agreement reaffirmed, with certainty, that the international community would continue its efforts to mitigate greenhouse gas emissions and adapt to climate change impacts opening a new era of international cooperation on climate change. This thesis explores how both negotiations around climate change adaptation and adaptation project implementation have evolved in this post-Paris Agreement era (from adoption in December 2015 to present). Using the United Nations Framework Convention on Climate Change’s (UNFCCC) Adaptation Fund as the central lens, the chapters explore international negotiations around the Fund as well as two Adaptation Fund ...


Capturing Regulatory Agendas?: An Empirical Study Of Industry Use Of Rulemaking Petitions, Daniel E. Walters 2019 University of Pennsylvania Law School

Capturing Regulatory Agendas?: An Empirical Study Of Industry Use Of Rulemaking Petitions, Daniel E. Walters

Daniel Walters

A great deal of skepticism toward administrative agencies stems from the widespread perception that they excessively or even exclusively cater to business interests. From the political right comes the accusation that business interests use regulation to erect barriers to entry that protect profits and stifle competition. From the political left comes the claim that business interests use secretive interactions with agencies to erode and negate beneficial regulatory programs. Regulatory “capture” theory elevates many of these claims to the status of economic law. Despite growing skepticism about capture theory in academic circles, empirical studies of business influence and capture return ambiguous ...


Frand And Antitrust, Herbert J. Hovenkamp 2019 University of Pennsylvania Law School

Frand And Antitrust, Herbert J. Hovenkamp

Faculty Scholarship at Penn Law

This paper considers when a patentee’s violation of a FRAND commitment also violates the antitrust laws. It warns against two extremes. First, is thinking that any violation of a FRAND obligation is an antitrust violation as well. FRAND obligations are contractual, and most breaches of contract do not violate antitrust law. The other extreme is thinking that, because a FRAND violation is a breach of contract, it cannot also be an antitrust violation.

Every antitrust case must consider the market environment in which conduct is to be evaluated. SSOs operated by multiple firms are joint ventures. Antitrust’s role ...


Unraveling The Ethnoterritorial Fix In The Peruvian Amazon: Indigenous Livelihoods And Resource Management After Communal Land Titling (1980s-2016), Ramzi M. Tubbeh, Karl S. Zimmerer 2019 Department of Geography. Pennsylvania State University

Unraveling The Ethnoterritorial Fix In The Peruvian Amazon: Indigenous Livelihoods And Resource Management After Communal Land Titling (1980s-2016), Ramzi M. Tubbeh, Karl S. Zimmerer

Journal of Latin American Geography

Indigenous rights organizations in Latin America consider territorial control the paramount condition for the reproduction of indigenous peoples’ cultures, the security of their livelihoods, and the pursuit of autonomy. In the past several decades Latin American governments have increasingly recognized indigenous peoples’ rights to cultural difference and channeled their territorial claims by titling their lands as common property. This “territorial turn” is supported by narratives about indigenous peoples as stewards of the environment. The geographic areas associated with indigenous land titling have increased since the late 1980s. This article presents research based on a case study of present-day livelihoods and ...


Ostromian Lessons For Post-Disaster Resilience: Evidence From The 2015 Earthquake In Nepal, Veeshan Rayamajhee 2019 Doctoral Student, Economics

Ostromian Lessons For Post-Disaster Resilience: Evidence From The 2015 Earthquake In Nepal, Veeshan Rayamajhee

Economics ETDs

The dissertation is organized in six chapters. The first chapter provides a synopsis of the four research articles that are comprised in this manuscript. It outlines the goals of each article and connects them to specific Ostromian insights to shed light on the empirical findings. Chapters 2, 3, and 5 are based on a field study that I conducted in Sindhupalchowk, Nepal following the devastating earthquake in 2015. Chapter 4 uses case studies from Chicago, New Orleans, Nepal, and Indonesia. The final chapter summarizes major lessons from the four papers.

The second chapter investigates household-level coping responses to the 7 ...


Does The Decriminalization Of Prostitution Reduce Rape And Sexually Transmitted Disease? A Review Of Cunningham And Shah Findings, Lily Lachapelle, Clare Schneider, Melanie Shapiro, Donna M. Hughes 2019 University of Rhode Island

Does The Decriminalization Of Prostitution Reduce Rape And Sexually Transmitted Disease? A Review Of Cunningham And Shah Findings, Lily Lachapelle, Clare Schneider, Melanie Shapiro, Donna M. Hughes

Dignity: A Journal on Sexual Exploitation and Violence

In 2013, research findings by Cunningham and Shah claimed that rape and sexually transmitted diseases were reduced by decriminalized prostitution in Rhode Island. The original unpublished claims have received wide media coverage which have gone unexamined. This review finds errors in their analyses. One error is the date when prostitution was decriminalized in Rhode Island. Cunningham and Shah claim that prostitution was decriminalized in 2003. Our analysis finds the date of decriminalization of prostitution was 1980. The change in the start date of decriminalization significantly alters the analysis and the findings. Another error results from Cunningham and Shah using an ...


The Oppressive Pressures Of Globalization And Neoliberalism On Mexican Maquiladora Garment Workers, Jenna Demeter 2019 The University of Tennessee, Knoxville

The Oppressive Pressures Of Globalization And Neoliberalism On Mexican Maquiladora Garment Workers, Jenna Demeter

Pursuit - The Journal of Undergraduate Research at the University of Tennessee

The international economic trends of globalization and neoliberalism have exposed and enabled the exploitation of Mexican workers, especially women in the maquiladora garment industry. During the 1950s, globalization gave rise to the new international division of labor and transnational corporations (TNCs) that have offshored labor-intensive phases of production to developing countries, many of which have pursued export-led industrialization. Export processing in Mexico was encouraged in the 1960s by Item 807 of the U.S. Tariff Code and Mexico’s Border Industrialization Program. Especially following the Latin American debt crisis of the 1980s, advanced capitalist countries and International Financial Institutions foisted ...


Local Environmental Quality And Inter-Jurisdictional Spillovers, John W. Hatfield, Katrina Kosec 2019 Stanford University

Local Environmental Quality And Inter-Jurisdictional Spillovers, John W. Hatfield, Katrina Kosec

Katrina Kosec

We investigate the classic question of how the provision of a local publicly-provided good--air quality--varies with the degree of decentralization of policymaking. Exploiting exogenous variation in the natural topography of the United States to instrument for the number of local government jurisdictions in a metropolitan area, we show that areas with more jurisdictions have significantly lower air quality, and significantly higher concentrations of the toxic air pollutants most closely associated with cancer and non-cancer health risks. Moreover, we estimate that this increase in pollution lowers housing values by at least 3%. By contrast, local drinking water quality--a publicly-provided good not ...


Principles Of Political Economy (Print Version.Pdf), Daniel E. Saros 2019 Valparaiso University

Principles Of Political Economy (Print Version.Pdf), Daniel E. Saros

Daniel E. Saros

The PDF file available here is ideal for creating a print version of the textbook. This textbook offers a pluralistic approach to microeconomic theory, macroeconomic theory, and international economic theory. It adopts a critical approach to neoclassical economics and incorporates heterodox alternatives to mainstream economics throughout the book.


Principles Of Political Economy (Nook Version.Epub), Daniel E. Saros 2019 Valparaiso University

Principles Of Political Economy (Nook Version.Epub), Daniel E. Saros

Daniel E. Saros

The EPUB file available here is ideal for viewing the textbook on The Nook. This textbook offers a pluralistic approach to microeconomic theory, macroeconomic theory, and international economic theory. It adopts a critical approach to neoclassical economics and incorporates heterodox alternatives to mainstream economics throughout the book.


Principles Of Political Economy (Kindle Version.Mobi), Daniel E. Saros 2019 Valparaiso University

Principles Of Political Economy (Kindle Version.Mobi), Daniel E. Saros

Daniel E. Saros

The MOBI file available here is ideal for viewing the textbook on the Kindle. This textbook offers a pluralistic approach to microeconomic theory, macroeconomic theory, and international economic theory. It adopts a critical approach to neoclassical economics and incorporates heterodox alternatives to mainstream economics throughout the book.


Principles Of Political Economy (Digital Version.Pdf), Daniel E. Saros 2019 Valparaiso University

Principles Of Political Economy (Digital Version.Pdf), Daniel E. Saros

Daniel E. Saros

The PDF file available here is ideal for viewing the textbook on electronic devices. This textbook offers a pluralistic approach to microeconomic theory, macroeconomic theory, and international economic theory. It adopts a critical approach to neoclassical economics and incorporates heterodox alternatives to mainstream economics throughout the book.


A Cross County Examination Of Fiscal Federalism In The 2016 Election, Sarah Kaplan 2019 Union College - Schenectady, NY

A Cross County Examination Of Fiscal Federalism In The 2016 Election, Sarah Kaplan

Honors Theses

The 2016 election has often been referred to as one of the most unorthodox elections in United States history. Both major candidates had their own unusual qualities about them. Hillary Clinton was the first woman to receive a major party’s nomination. Donald Trump ran with no political experience, using a rhetoric that was foreign to the established political world. And yet, Donald Trump did the unthinkable and was elected to the highest office in the nation. He triggered a voice that many felt was silenced in recent years. By laughing in the face of political correctness, and speaking about ...


In Search Of Equilibrium – How Regulatory Changes Impact The Gambling Industry In Poland, Sebastian Meitz, Stanisław Pogorzelski, Przemysław Bloch 2019 Gaming 5.0 / Kozminski University

In Search Of Equilibrium – How Regulatory Changes Impact The Gambling Industry In Poland, Sebastian Meitz, Stanisław Pogorzelski, Przemysław Bloch

International Conference on Gambling & Risk Taking

The so-called Polish “gambling affair” of 2009 resulted in the adoption of a new Act on Gambling. The regulation significantly changed the legal environment in Poland. It was also the starting point of what we identified as the search of equilibrium - a number of further legislative changes aimed at creating a sustainable environment for gambling. Some market segments became delegalized, some monopolized, and others liberalized. The Polish Ministry of Finance and the parliament tried to find the right balance between consumer protection, business growth, and government revenue. A goal that is still to be achieved.

This article examines the changes ...


Health Care's Market Bureaucracy, Allison K. Hoffman 2019 University of Pennsylvania Law School

Health Care's Market Bureaucracy, Allison K. Hoffman

Faculty Scholarship at Penn Law

The last several decades of health law and policy have been built on a foundation of economic theory. This theory supported the proliferation of market-based policies that promised maximum efficiency and minimal bureaucracy. Neither of these promises has been realized. A mounting body of empirical research discussed in this Article makes clear that leading market-based policies are not efficient — they fail to capture what people want. Even more, this Article describes how the struggle to bolster these policies — through constant regulatory, technocratic tinkering that aims to improve the market and the decision-making of consumers in it — has produced a massive ...


Public Authority And Private Prisons: How Private Prison Labor Contributes To National Employment Precarity, Kaitlyn Oder 2019 University of Puget Sound

Public Authority And Private Prisons: How Private Prison Labor Contributes To National Employment Precarity, Kaitlyn Oder

International Political Economy Theses

Private uses of prison labor are illegal internationally, and not without reason. A lack of public oversight and regulations of wages mean that prison labor is often exploited in exchange for increased profitability for private prisons and sometimes the private companies they contract with. This paper will explicate the ways in which private uses of prison labor contribute to wage and employment precarity and ultimately cost numerous non incarcerated low wage individuals in the United States their jobs and livelihoods. It offers potential policy solutions and paths forward for new research to better link the sociological and economic considerations of ...


Perpetual Dependency: An Analysis Of The Caribbean Community (Caricom) And The Relationship With The International Monetary Fund, Dion George 2019 Clark Atlanta University

Perpetual Dependency: An Analysis Of The Caribbean Community (Caricom) And The Relationship With The International Monetary Fund, Dion George

Electronic Theses & Dissertations Collection for Atlanta University & Clark Atlanta University

This study examined the relationship between CARICOM governments and the International Monetary Fund (IMF). The study focused on three research questions: (1) What do the CARICOM leadership and other stakeholders believe are the major reasons why they continue to rely on the financial assistance and intervention of the IMF? (2) Under which paradigm of development do these leaders and stake holders perceive their relationships with the IMF? (3) How do younger and older CARICOM citizens perceive the future growth of their countries, under the leadership of the IMF?

Both quantitative and qualitative methods were used in this study to analyze ...


The Impact Of 2018 Tariffs On U.S. Trade Values Across Relevant Categories, Lydia Murray 2019 University of Michigan-Ann Arbor

The Impact Of 2018 Tariffs On U.S. Trade Values Across Relevant Categories, Lydia Murray

Undergraduate Economic Review

The Office of the United States Trade Representative, under the direction of President Donald Trump, has implemented protectionist tariffs to an extent not seen in the past several decades. This paper explores data from the U.S. Census Bureau to analyze how the values of U.S. imports and exports have differed from what would have been expected for 2018 in the absence of tariffs. This is done by using past years’ data to create a predictive curve for 2018 trade values across several different product categories, which have been subject to tariffs. The general finding of this paper is ...


Financial Red Flags: Empirical Mapping Of Firm Political Preferences By Sector In Mexico, Ian Connors 2019 University of San Francisco

Financial Red Flags: Empirical Mapping Of Firm Political Preferences By Sector In Mexico, Ian Connors

Master's Theses

Can the stock market be used to determine the political preferences of individual economic sectors? This paper explores the conceptual relationship between electoral outcomes and financial markets in Mexico. Specifically, it analyzes how financial markets predict the expected effects of a given political platform on the performance of firms within specific sectors. To do this, the study used event-study methodology to calculate abnormal returns on stock prices across the nine sectors listed on the Bolsa Mexicana de Valores stock exchange following the historic election of leftist candidate Andrés Manuel López Obrador (AMLO), On July 1, 2018. However, despite the uncertainty ...


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