Three essays on corporate finance

This thesis examines the relationship between organization capital and firm life cycle, and their effect on firm risk and the cost of capital. The results show that firms with higher (lower) organization capital or cost of equity are more likely to be in the introduction (growth) and decline (mature...

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Main Author: Hasan, Mostafa Monzur
Format: Thesis
Language:English
Published: Curtin University 2015
Online Access:http://hdl.handle.net/20.500.11937/2556
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author Hasan, Mostafa Monzur
author_facet Hasan, Mostafa Monzur
author_sort Hasan, Mostafa Monzur
building Curtin Institutional Repository
collection Online Access
description This thesis examines the relationship between organization capital and firm life cycle, and their effect on firm risk and the cost of capital. The results show that firms with higher (lower) organization capital or cost of equity are more likely to be in the introduction (growth) and decline (mature) stages. In addition, firm-specific organization capital increases (decreases) idiosyncratic and total (systematic) risk, while management-specific organization capital increases (decreases) systematic (idiosyncratic and total) risk.
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spelling curtin-20.500.11937-25562017-02-20T06:39:00Z Three essays on corporate finance Hasan, Mostafa Monzur This thesis examines the relationship between organization capital and firm life cycle, and their effect on firm risk and the cost of capital. The results show that firms with higher (lower) organization capital or cost of equity are more likely to be in the introduction (growth) and decline (mature) stages. In addition, firm-specific organization capital increases (decreases) idiosyncratic and total (systematic) risk, while management-specific organization capital increases (decreases) systematic (idiosyncratic and total) risk. 2015 Thesis http://hdl.handle.net/20.500.11937/2556 en Curtin University fulltext
spellingShingle Hasan, Mostafa Monzur
Three essays on corporate finance
title Three essays on corporate finance
title_full Three essays on corporate finance
title_fullStr Three essays on corporate finance
title_full_unstemmed Three essays on corporate finance
title_short Three essays on corporate finance
title_sort three essays on corporate finance
url http://hdl.handle.net/20.500.11937/2556