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1	Two Essays on the Trading Behavior of Institutional Investors: The Cases in the Open-ending Closed-End Funds in Taiwan & in the Changes of Stocks in MSCI Taiwan Index 陳麗雯, Chen,Li-Wen Unknown Date (has links) This dissertation studies the reaction of trading behavior of investors, especially institutional investors, to the public information in Taiwan. Two kinds of public information are chosen in this dissertation. One is open-ending closed-end funds under the regulation set up by Taiwan authority. The other is the change of stocks in MSCI Taiwan Index that is decided by Morgan Stanley Capital International (MSCI), a well-known foreign institution in constructing various indices. Consistent with earlier studies using U.S. data, our results show that open-ending is a wealth-enhancing event for shareholders. We also provide evidence of the existence of noise traders in the closed-end fund market. The evidence is derived from the trading behavior of domestic institutional investors and small individual investors, who ignore price discounts when open-ending is imminent. The trading by noise traders impedes price adjustments to the discounts, and provides profit opportunities to arbitragers. Furthermore, we show that foreign investors gain considerable wealth, largely at the expense of domestic institutional investors and small individual investors, in the open-ending process. On average, their gains account for 30% of the total gains associated with open-ending, or NT$562 millions per case. On the issue of the change of stocks in MSCI Taiwan Index, we find that MSCI prefers to select the securities with good performance, high liquidity, and large firm size into MSCI Taiwan Index while tends to drop the securities with poor performance, lower liquidity, and small firm size from MSCI Taiwan Index. Besides, consistent with the previous studies, prices increase (decrease) significantly for stocks added to (deleted from) the MSCI Taiwan Index after the announcement date. As well as the deletions, the price decreases for unchanging stocks after the announcement date. However, there is no evidence to find that foreign investors have information advantage in MSCI news over domestic investors. Foreign investors increase (decrease) their holdings on stocks included in (excluded from) the MSCI Taiwan Index after the announcement date. Moreover, price pressure hypothesis is not supported. Visibility hypothesis, information content hypothesis, downward sloping demand curves hypothesis are supported. Finally, for additions and deletions, the market-adjusted returns are driven by the contemporaneous excess buy of foreign investors and the contemporaneous excess sells of domestic corporations and individuals. Institutional Investors Open-ending Closed-End Funds Profit Opportunities MSCI Taiwan Index Downward Sloping Demand Curves Price Pressure Information Content
2	Den queera hjälten : En komparativ queeranalys av hjältar i två fantasy serier Karlsson, Lisa January 2021 (has links) I den här uppsatsen undersöker jag Simon Snow från Carry On trilogin (2015–21) och Morrigan ”Mor” från A Court of Thorns and Roses serien (2015–). Huvudsyftet med studien är att undersöka hur dessa två karaktärers sexualitet och identitet fungerar i sina respektive fantasy serier, hur de gestaltas och om de får chansen att utvecklas. Med queerteoretisk utgångspunkt undersöker jag hur karaktärerna kommer ut och hur de lever sina liv efteråt, likaså hur deras sexualitet får en roll i deras respektive fantasy-värld. I min analys visar jag hur bisexualiteten ignoreras och hur båda karaktärerna har svårt att komma fram till vilken sexualitet som passar dem bäst. Mor har även en långsammare utveckling när det kommer till hennes sexualitet, och finner det svårare att våga komma ut. Simon och Mor är även olika som personer och i min analys visar jag på hur slutet av deras respektive berättelser blir annorlunda; Mor försvinner ur berättelsen nästan direkt efter att hon kommer ut, medan Simon blir mer bekväm i hans sexualitet och relation. / In this paper, I study Simon Snow from the Carry On trilogy (2015–21) and Morrigan, nicknamed Mor, from the book series A Court of Thorns and Roses (2015–). The main aim of this study is to examine how the two characters’ sexuality and identity work in their respective book series, how they are described and if they are allowed to develop. Using queer theory, I examine how the two characters come out and how they live their lives afterwards, as well as how sexuality work in a fantasy novel. As a result, I have discovered that the label of bisexuality is frowned upon, and that both characters have a hard time figuring themselves out in terms of what sexuality and identity they relate to the most. Mor also had a slower development when it comes to her sexuality and a bigger struggle with coming out to her friends in comparison to Simon. Mor and Simon have very different journeys with their sexuality and are at very different stages in their acceptance at the end of their respective stories. In Mor’s case, she left the story as soon as she came out to one person, whilst Simon became more confident in his sexuality and relationship. Rainbow Rowell Carry On Sarah J. Maas A Court of Thorns and Roses Simon Snow Morrigan Queer Theory Sexuality Identity Bisexuality Queer Homosexuality Lesbian Happy Ending Open Ending Fantasy Literature Rainbow Rowell Carry On Sarah J. Maas A Court of Thorns and Roses Simon Snow Morrigan Queer Teori Sexualitet Identitet Bisexualitet Queer Homosexualitet Lesbisk Lyckligt Slut Öppet Slut Fantasy litteratur General Literature Studies Litteraturvetenskap

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Two Essays on the Trading Behavior of Institutional Investors: The Cases in the Open-ending Closed-End Funds in Taiwan & in the Changes of Stocks in MSCI Taiwan Index

Den queera hjälten : En komparativ queeranalys av hjältar i två fantasy serier