http://dspace.iimk.ac.in:80/xmlui/handle/2259/1064 2026-05-12T13:20:14Z 2026-05-12T13:20:14Z Li, Xuenan http://dspace.iimk.ac.in:80/xmlui/handle/2259/1069 2022-04-01T11:39:20Z 2008-01-01T00:00:00Z

Corporate Governance, the Cross Section of Returns, and Financing Choices: Theory and Empirical Evidence Li, Xuenan The first part of this thesis develops an investment-based asset pricing model with costly equity and debt financing and agency conflicts between shareholders and managers. In the model, managers seek private benefits proportional to the sizes of their firms and hence tend to overinvest. Corporate governance serves as a mechanism for shareholders to discipline managers. Consistent with recent empirical findings, the model predicts: (1) firms with stronger governance outperform firms with weaker governance in booms and underperform these firms in recessions; (2) firms with stronger governance have higher costs of debt financing and rely more on equity financing than firms with weaker governance.

2008-01-01T00:00:00Z Du, Ninghua http://dspace.iimk.ac.in:80/xmlui/handle/2259/1068 2022-04-01T11:33:18Z 2005-01-01T00:00:00Z

Advertising and consumer search Du, Ninghua This dissertation advances our understanding of interaction between advertising and consumer search. If advertising lowers consumer search costs, it can affect competition. Previous studies by Butters (1977) and Robert and Stahl (1993) show that giving sellers the option of price advertising can significantly lower equilibrium market prices. These models assume that sellers make two bundled decisions: sellers determine the proportion of buyers that receive advertisements (ads) and reveal the price that they intend to charge in such ads. However, the vast majority of advertising does not reveal product pricing. Chapter 1 argues that certain types of advertising may reduce consumer search costs without actually mentioning the price in the message. This leads me to propose a model in which firms first decide whether to advertise, and then set prices. In this model, the equilibrium price with advertising returns to the monopoly level.

2005-01-01T00:00:00Z Simbolon, Saut Mulia http://dspace.iimk.ac.in:80/xmlui/handle/2259/1067 2022-04-01T10:36:59Z 2018-05-19T00:00:00Z

Performance Management Systems based on the Balanced Scorecard Framework: The Case of Indonesian Customs and Excise Organizations Simbolon, Saut Mulia One of the areas that has experienced great changes due to public-sector reform processes is performance management. Focus on performance management in the public-sector has experienced changes over time, from the process of monitoring activities to outcome-based performance management. Many emerging economies have adopted management systems developed for advanced economies in order to enhance accountability, transparency, and service quality delivery. However, the practice of adopting a new management system that has worked well in advanced economies is largely untested. For instance, though the public-sectors of many countries with emerging economies are reported to have implemented the balanced scorecard (BSC) concept, very limited literature has reported its implementation. This study explores the implementation of the BSC framework as a performance management system (PMS) in the public-sector in Indonesia. Broadly, this study was designed to cover three major themes: reviewing the quality of BSC implementation by using the principles of the strategy-focused organisation (SFO) model, determining the extent to which organisational factors affect BSC implementation, and lastly, investigating how the BSC contributes to employee behaviour and relates to organisational performance.

2018-05-19T00:00:00Z Gray, Melanie http://dspace.iimk.ac.in:80/xmlui/handle/2259/1066 2022-04-01T10:29:23Z 2021-07-01T00:00:00Z

Exploring brand management practices within UK media organisations: the role of brand co-creation and its influence on brand identity Gray, Melanie The UK media industry is dynamic and complex in nature yet is significantly important in terms of its economic, societal and cultural contribution. Branding is increasingly recognised as critical for the future success of UK media organisations to strengthen their position in a cluttered industry environment. Although receiving greater academic attention, media brands and branding is still under researched and warrants further attention. The aim of this research was to explore brand management practices within UK media organisations with consideration as to how brand co-creation may be influencing brand identity. From the academic literature it was identified that structured brand management practices are required to facilitate greater occurrences of brand co-creation activities, yet the influence on brand identity still required further investigation. A qualitative methodological approach was adopted and interviews with twenty senior managers in UK media organisations were conducted. Melanie Gray: Exploring brand management practices within UK media organisations: the role of brand co-creation and its influence on brand identity.

2021-07-01T00:00:00Z