Investigation of financial conservatism in the United Kingdom and China - Dissertation Example

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Investigation of financial conservatism in the United Kingdom and China

The financial data from selected conservative firms is analyzed empirically to prove the hypothesis that economic and financial crises and the structure of financial policies based upon conservative idioms are mutually inclusive. TABLE OF CONTENTS ABSTRACT 2 CHAPTER ONE: INTRODUCTION 4 1.1 Background of the Study 5 1.1.1 The United Kingdom………………………………………………………………….....6 1.1.2 China………………………………………………………………...………….……….9 1.2 Conservative Financial Theory…………………………………………………………..12 1.2.1 Pecking Order Theory 13 1.2.1 Agency Theory vs. ...Show more

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Investigation of Financial Conservatism in the United Kingdom and China Student and exam number; Queen Mary School of Economics and Finance June 2013 7514 Words Professor Leone Leonida ABSTRACT This paper will investigate whether agency financial policies based upon conservatism are significantly influenced by instances of economic financial distress…
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