Date of Award

1-1-2013

Document Type

Dissertation

Degree Name

Ph.D.

Department

Quantitative Research Methods

First Advisor

Duan Zhang

Abstract

This dissertation presents a design to examine the effects of environmental factors in a country such as education systems levels, corruption, and social freedoms on investment outcomes. The literature review suggests that countries with poor education at the secondary level tend to have lower standards of living, lower levels of freedom, as well as high levels of corruption which appear to have negative effects on their market economies. This study was designed to examine existing data from multiple sources along multiple dimensions, and use a hierarchical linear model, as well as a portfolio optimization model, to assess the impact of these factors. This was accomplished by posing research questions, and collecting and analyzing data from Standard and Poors, Transparency International, and the World Values Organization, as well as the Programme for International Student Assessment. The outcomes of this study generally support the thesis that country-level factors do, in fact, have a bearing on investment outcomes, and that further research in this area is warranted.

Provenance

Recieved from ProQuest

Rights holder

Richard Matthew Ostberg

File size

149 p.

File format

application/pdf

Language

en

Discipline

Education, Ethics, Finance

Share

COinS