Monash University
Revised Thesis_Farhan Shazia.pdf (2.32 MB)
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Three Essays on Social and Corporate Finance

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posted on 2022-01-30, 02:16 authored by FARHAN SHAZIA
This thesis consists of three chapters on finance. Chapter 1 studies how political ideology of the government shapes household's access to financial services. I find that access is higher under right-wing regimes than under left-wing. Chapter 2 investigates why do managers preannounce asset sales. I find that preannouncements prevail in specific situations: for assets outside the U.S., after poor stock performance, and when a new CEO has been appointed. Chapter 3 examines whether the U.S. states' property crime rate is a risk factor that induces lenders to increase covenants. I find that greater crime exposure leads to higher and tighter covenants.


Campus location


Principal supervisor

Abe De Jong

Additional supervisor 1

Abu Zafar Shahriar

Additional supervisor 2

Silvio Contessi

Year of Award


Department, School or Centre

Banking and Finance


Doctor of Philosophy

Degree Type



Faculty of Business and Economics