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Ascertaining the effects of malevolent acts in a developing market on the stock returns of firms operating in those marketsWapiennik, Zdzislaw 10 1900 (has links)
Experiencing malevolent acts is a common feature when conducting business in parts of the developing world, but the effects that these acts have on a firm’s stock price have not received sufficient attention by the literature. Filling the gap, this thesis looks at the oil industry in Nigeria and the effects of multiple malevolent acts over a five year period (ranging from 2006 to 2010) on the stock prices of the four major international oil firms operating therein: Shell, Chevron, Exxon, and Total.
The stock price data was presented in the form of abnormal returns, the difference in stock price from the expected price. Ordinary least squares regression as well as Wilcoxian sign-rank techniques were used to test the abnormal returns data for our firms. This data was segregated by firm name as well as by event types to isolate the effects that each has on the returns of the firms under study. This thesis raises several hypotheses, such as that a negative event in general will lead to negative returns and that negative events affecting one firm will lead to positive returns for that firm’s competitors. We managed to determine that the only event types that had a significant impact on any firm’s returns were kidnappings and government policies (either political or economic) targeted to harm the firms.
We discovered that kidnapping events affected Shell’s returns negatively, whereas they have positive impact on the returns of Chevron and Exxon. We postulate that the latter results are a reaction to the relatively strong negative effect on Shell’s returns. In response to negative government actions, Shell and Total experienced positive returns , we postulate that this is due to the market’s perception that these policies will lead to less supply and consequently to higher prices for Nigerian oil. Our results indicate that violent events have no impact, at least on the four major firms, whereas kidnappings and government policies do.
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Careers or Babies? What Young Australian Women WantMelissa Johnstone Unknown Date (has links)
Abstract The majority of young Australian women aspire to be married with at least one child and in some form of paid employment by the time they are 35 years of age. In an age of increasing female labour force participation, it seems then that young women really can have it all. However, while younger generations of women are now more likely than their male counterparts to go to university, Australian women, compared to women in other countries, have low workforce participation rates after childbearing; and many move to part-time positions characterised by lower earnings, less responsibility and less opportunity for training and promotion. Further, there continues to be significant occupational segregation in the workplace, and women continue to earn significantly less than men. Why are Australian women not utilizing their skills to their full potential? The issue of balancing paid work with family responsibilities is central to this debate; and crucial is the role of Australian work-family legislation, which has previously focussed on improving Australia’s low fertility rate through financial aids rather than recognising women’s increased attachment to the paid workforce. This underscores the need for further research on how young Australian women negotiate work and family, to contribute to the evidence base for the formation of policy that supports the needs of young Australian women. This thesis takes an innovative approach of examining the work and family aspirations of a new generation of young Australian women negotiating work and family, transitioning from their late teens/early twenties to their early 30s. A prominent theoretical model of women’s work and family preferences, Lifestyle Preference Theory, postulates that women’s work and family outcomes are primarily the result of what they had always aspired, and that all women living in contemporary society can ‘choose’ their preferred type of lifestyle. However, as argued in this thesis, this model doesn’t take into account women’s circumstances, systemic-level supports and life changes that impact upon women’s decisions. Further, compared to previous generations of women, when most of the research on women’s aspirations was conducted, there is a new development process bridging adolescence and early adulthood, termed Emerging Adulthood. Using a mixed-methods approach of quantitative and qualitative analyses, this thesis examines young Australian women’s work and family aspirations according to their life experiences and within the social and structural constraints on their lives, during this developmental period of the life course and new socio-historical context. Chapter 1 provides a historical context to women’s changing roles and increasing workforce participation over past decades, while also discussing the pervasiveness of gender stereotypes and gender differences in the workforce. Chapter 2 discusses the Australian context in more depth; including work and family trends and systemic-level work-family support. This section also introduces theoretical contributions in the area of women’s aspirations, and developmental changes likely to affect young women. Chapter 3 then provides an analysis of young Australian women’s work and family aspirations, including the consistency of their aspirations over time, using nationally representative data from the younger cohort of the Australian Longitudinal Study on Women’s Health (ALSWH). Chapters 4 and 5 examine the representativeness of Lifestyle Preference Theory as a model of young Australian women’s work and family aspirations. Chapter 4 investigates whether Australian women can be categorised as ‘types’ committed to pursuing a particular lifestyle while Chapter 5 investigates whether women’s aspirations are independent of context, as theorised by Lifestyle Preference Theory, or correlated to women’s circumstances and the constraints on their lives. Chapters 6 and 7 aim to give voices to the experiences of young Australian women forming their aspirations during this period of the lifespan, by analysing qualitative comments from the younger cohort of the ALSWH. Chapter 6 provides a context of what is important and happening in the lives of young Australian women, while Chapter 7 provides a more thorough discussion of women’s comments about their aspirations and with a comparative discussion of their comments to current theoretical models. Through an analysis of focus group material, Chapter 8 continues to examine the experiences of young women during this developmental period of the lifespan. This Chapter reviews young women’s thoughts on their aspirations for work and family, how they anticipate making work and family decisions, and how they perceive and experience this developmental period of the lifespan. Chapters 9 and 10 return to the quantitative data of the ALSWH to investigate why women change their aspirations over time, and specifically look at the impact of first birth and life events on women’s motherhood and employment aspirations. These Chapters discuss the role of systemic-level work-family support on women’s changing aspirations. Chapter 11 provides an integrative conclusion of findings, which show that women are forming and adjusting their aspirations as best they can within their circumstances and the constraints on their lives, and the broader context of Australia’s work and family support systems. This Chapter provides recommendations for policy and directions for future research.
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Embracing a kingdom vision moving towards a ministry of mercy and justice /Lindstrom, Joshua J. January 1900 (has links)
Thesis (M.A.)--Trinity Evangelical Divinity School, 2006. / Abstract. Includes bibliographical references (leaves 123-125).
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Following the thread female identity and spirituality /Kirchner, Sandra R. January 2009 (has links)
Thesis (Ph. D.)--Miami University, Dept. of Psychology, 2009. / Title from second page of PDF document. Includes bibliographical references (p. 104-109).
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Emerging Markets im internationalen Portfoliomanagement : Entwicklungsstand, Integrationsgrad und Rendite-Risiko-Verhalten von Aktienmärkten in Schwellenländern /Füss, Roland. January 2004 (has links) (PDF)
Univ., Diss.--Freiburg, 2003.
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Boozing spirits the effects of perceived parenting on alcohol use and spiritual expression /Scaglione, Nichole Marie. January 2008 (has links)
Thesis (M.S.)--Miami University, Dept. of Kinesiology & Health, 2008. / Title from first page of PDF document. Includes bibliographical references (p. 75-81).
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A cognitive behavioral approach to postmodern Christian counselingFox, Douglas S., January 2007 (has links)
Thesis (M. Div.)--Emmanuel School of Religion, 2007. / Vita. Includes bibliographical references (leaves 62-63).
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Embracing a kingdom vision moving towards a ministry of mercy and justice /Lindstrom, Joshua J. January 1900 (has links)
Thesis (M.A.)--Trinity Evangelical Divinity School, 2006. / Abstract. Includes bibliographical references (leaves 123-125).
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A cognitive behavioral approach to postmodern Christian counselingFox, Douglas S., January 2007 (has links)
Thesis (M. Div.)--Emmanuel School of Religion, 2007. / Vita. Description based on Microfiche version record. Includes bibliographical references (leaves 62-63).
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Adaptation of International Business Marketing Strategy Between Emerging Markets : Case of CCI in Turkey and KazahkstanYaroshyk, Tatsiana, Temiz, Sinem January 2008 (has links)
<p>The purpose of this thesis is to investigate how a multi-national company can adapt its business marketing strategy to emerging markets.</p><p>The research approach of the thesis was a case study of CCI in Turkey and Kazakhstan to see how the company can adapt it international business marketing strategy to conditions of local market.</p><p>The study was done by identifying of the current situation on the emerging markets and the company and by describing external environment and institutional factors within emerging markets. Analysis of current elements of international business marketing strategy and environmental factors that have affected it was done by applying theoretical framework to the case study. The last step was to give recomendations for the company to adapt or standart international business marketing strategy and importance of analyze external enviromental factors for the international business marketing strategy for the emerging markets. Data for the thesis was collected from primary sources through interviews and secondary data through company’s presentations and articles, internet sources.</p><p>The study showed that CCI enters each new market with standard brand portfolio tries to make adaptations of promotion and communication strategies to conductions of local market and to get external fit which will bring competitive and societal advantages for CCI on those markets where company operates. We have identified number of external environmental factors in Kazakhstan that have a certain influence on CCI’s operations. Economical situation has largely affected CCI’s operations and activities in Kazakhstan. This factor directly affects consumption level and purchasing power and behavior of local consumers. The legislation has obviously affected the company as well, resulting in local production. Cultural issues are also influenced CCI operations in Kazakhstan. That expressed through difference in consumption preferences of local consumers, which were directed aside traditional drinks.</p><p>In the end of the thesis some recommendations are given. Among the most important are – to balance between standart brand portfolio and adapt communication and distribution strategies accorging local enviromental factors; to identify which environmental factors can affect the company, which will require adjustments, and which can be influenced by the company; to effort developing personal relationship with customers, distributors, retailers in order to increase the competitive advantage and gain an increased loyalty among them.</p>
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