Book-to-market ratio, default risk and return implications: from a negative perspective

A paradox is created by the common practice in stock evaluation models of excluding stocks with a negative book equity (BE). If we interpret the book-to-market ratio as a proxy for distress risk, it makes no sense to exclude these negative BE stocks since they are, prima facie, most prone to distress risk. This paper reassesses the relationship between default risk, return and the book-to-market ratio by incorporating negative BE stocks into the study. We find that negative BE stocks carry higher default risks than their positive BE counterparts and that these risks are not totally offset by higher returns. This suggests that a default risk filter can be used in the investment universe selection process through which the portfolio return can be enhanced.

Mothers and sons: feminist maternal practice with boys

Through in-depth interviews with feminist mothers the research explores women’s experiences of raising sons. Analysis identifies that feminist mothers make a clear distinction between the boy and the discourse about the boy. Their maternal practice contests and shifts the dominant narrative enabling the foundation for the mother and son relationship to write a new script.

Into the mystic - bereaved parents, love and spontaneous creativity

 An inter-subjective and creative exploration of spontaneous creative activities engaged in by parents after the death of a child, this thesis produces new and revealing insights into how bereaved parents respond to their grief through symbolically representing and expressing their love for the child who has died.

Resistance and reconstruction: older women talk about childhood sexual abuse

 This research explores personal stories of 16 Australian women aged 57 years and older who have experienced childhood sexual abuse. It privileges their views and examines how they managed the impact during their lives. The project contributes to professional knowledge by developing anti-ageist practices for social work and human services.