Two Essays on Corporate Finance
This dissertation consists of two independent essays on corporate finance. The first essay explores the trend in the profitability of U.S. firms, why it occurs and how firms respond to it. We document that the return on assets (ROA) of U.S. firms has decreased by about two-thirds from 1980 to 2015;...
Other Authors: | Jiang, Zhiqian (author) |
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Format: | Others |
Language: | English English |
Published: |
Florida State University
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Subjects: | |
Online Access: | http://purl.flvc.org/fsu/fd/2019_Spring_JIANG_fsu_0071E_14962 |
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