Dokumente Wirtschaftswissenschaftliche Fakultät nach Gutachter "Korn, Olaf Prof. Dr."
Anzeige 1-20 von 22
-
Corporate valuation with mixed financing strategies and cross-border relations
(2023-08-31)Corporate valuation is a theoretically challenging but practically highly relevant field. It is usually conducted using discounted cash flow (DCF) methods. One important part of corporate valuation with DCF methods are ... -
On the Determinants of Premiums in Financial Markets
(2023-08-24)This dissertation analyzes the pricing, exposures as well as information content of options. It aims to fill research gaps in the existing options-literature in the research fields of volatility-related pricing, option-exposures ... -
Information Asymmetries and the Role of Information Intermediaries on Capital Markets
(2022-10-10)Information asymmetries are common characteristics of the relationship between investors and the management of a firm. These asymmetries can lead to inefficient resource allocation and welfare losses. This thesis aims to ... -
Trading Strategies and Return Patterns in Commodity Futures Markets
(2022-06-16)This thesis analyzes commodity futures pricing, trading activities in commodity futures contracts and their use for investment strategies. The aim of this thesis is to fill important gaps in the research field of commodity ... -
Moment Risk Premiums in Option Markets: On Measurement, Structure, and Investment Implications
(2021-11-16)Rational investors are in general risk averse. An important implication of this risk aversion is that investors may demand compensation for certain risks they take – risk premiums. Moment risk premiums are an example of ... -
Firm Risk and Ambiguity: The Role of Management and the Board
(2021-07-27)This dissertation is fundamentally concerned with the question of how management and the board of directors influence the uncertainty—that is, both risk and ambiguity—of a corporation. Interest in this question stems from ... -
Path-dependent Risk Measures - Theory and Applications
(2021-01-22)This dissertation addresses various key aspects in risk measurement with path-dependent risk measures. In contrast to most classical risk measures like value-at-risk, (semi-)variance, expected shortfall, or lower partial ... -
Essays on the Real Effects of Tax Reforms
(2021-01-18)This thesis examines the real effects of tax reforms. Policymakers frequently use tax reforms to influence companies’ real economic decisions, e.g. investment decisions. The underlying assumption is that taxes play a ... -
Analysis of option returns in perfect and imperfect markets
(2020-05-20)The thesis studies index and equity option returns in perfect and imperfect markets to explain parts of the option mispricing puzzle. Perfect markets exist under informational efficiency, market completeness and frictionless ... -
Valuation with Personal Taxes under Different Financing and Dividend Policies
(2019-06-26)The valuation of firms is one of the topics that valuation theorists and practitioners have addressed since the early stages of economic sciences. Firm valuations are regularly conducted using discounted cash flow (DCF) ... -
The Role of Enforcement in the Decision Making of Preparers and Auditors of Financial Statements
(2019-03-15)This thesis investigates the role of financial reporting enforcement in the decision mak-ing of financial statement preparers and auditors. Enforcement bodies are governmen-tal or private agencies that have the authority ... -
Portfolio Strategies with Classical and Alternative Benchmarks
(2018-07-19)This dissertation addresses different key elements in portfolio management. It intends to improve and analyze influences on portfolio strategies and their performance. Likewise, it aims at the systematization and extension ... -
Intangible Costs of Data Breach Events
(2018-01-10)The intangible costs of data breach events encompass for instance the loss of investor confidence, reputational damage and loss of competitive advantage. Yet, existing literature sheds light on this phenomenon only to a ... -
On the role of financial derivatives for the genesis and analysis of volatility in commodity markets
(2016-04-27)Food price volatility has re-emerged as an important topic of political discussion since the food price crisis of 2007/08. Not only the observation of increasing price levels but also their apparent increased volatility ... -
Corporate Governance, Information Intermediation, and Earnings Management
(2014-10-01)Based on four empirical studies, this thesis investigates the interrelation of corporate governance, information intermediation, and earnings management. First, the thesis complements the discussion initiated by the European ... -
Accounting and Equity-Based Compensation
(2014-04-03)Executive compensation is still at the forefront of not only academic research, but also policy initiatives, news stories, and nationwide discussions. Much of the intensity of the discussion has been caused by the steep ... -
Measuring European Economic Integration
(2014-03-13)The three essays of this dissertation contribute to the measurement of European economic integration and investigate the welfare effects of the European countries. The first study presents a newly developed index – the EU ... -
Risks and Risk Premiums in Commodity Markets
(2014-02-21)This PhD thesis investigates risks and risk premiums in commodities markets. Two chapters discuss the risks premium in interconnected electricity markets. One chapter develops a model for price spikes, and the risks of ... -
Asset Allokationsentscheidungen auf Basis höherer Momente und impliziter Informationen
(2014-02-20)Modern portfolio theory, which goes back to the seminal work by Markowitz (1952), focuses on the question of how an investor should allocate her wealth among different assets . Theory suggests that an investor should build ... -
Money demand in dollarized countries: an empirical investigation
(2010-05-28)This thesis deals about money demand functions for a broad monetary aggregates in dollarized countries. The countries under consideration are Paraguay, Peru and Argentina. Empirical models ...