Content
March 2012, Volume 41, Issue 1
- 159-185 Do Banks Value Innovation? Evidence from US Firms
by Bill Francis & Iftekhar Hasan & Ying Huang & Zenu Sharma - 187-205 An Empirical Analysis of the Effect of Financial Distress on Trade Credit
by Carlos A. Molina & Lorenzo A. Preve - 207-228 How Do Firms Choose Between Intermediary and Supplier Finance?
by Christina Atanasova - 229-253 Is Chapter 11 Efficient?
by Varouj A. Aivazian & Simiao Zhou - 255-280 Shareholder Returns from Supplying Trade Credit
by Matthew D. Hill & G. Wayne Kelly & G. Brandon Lockhart
December 2011, Volume 40, Issue 4
- 821-844 Financial Distress in the Great Depression
by John R. Graham & Sonali Hazarika & Krishnamoorthy Narasimhan - 845-877 When Do Vertical Mergers Create Value?
by Simi Kedia & S. Abraham Ravid & Vicente Pons - 879-910 Does the Management's Forecast of Merger Synergies Explain the Premium Paid, the Method of Payment, and Merger Motives?
by Ahmad Ismail - 911-940 Buy Smart, Time Smart: Are Takeovers Driven by Growth Opportunities or Mispricing?
by Sjoerd Van Bekkum & Han Smit & Enrico Pennings - 941-972 An Empirical Examination of the Stated Purposes of Issuer Tender Offers to Purchase Common Stock
by Jessica Kay Dunn & Alex Fayman & Jamie John McNutt - 973-999 Corporate Repurchase Decisions Following Mutual Fund Sales
by Evan Dudley & Ani Manakyan - 1001-1027 Information Discovery in Share Lockups: Evidence from the Split‐Share Structure Reform in China
by Li Liao & Bibo Liu & Hao Wang - 1029-1065 VC Fund Financial Performance: The Relative Importance of IPO and M&A Exits and Exercise of Abandonment Options
by Richard Smith & Robert Pedace & Vijay Sathe - 1067-1086 Characterizing the Risk of IPO Long‐Run Returns: The Impact of Momentum, Liquidity, Skewness, and Investment
by Richard B. Carter & Frederick H. Dark & Ioannis V. Floros & Travis R. A. Sapp - 1087-1117 Innovate to Survive: The Effect of Technology Competition on Corporate Bankruptcy
by Assaf Eisdorfer & Po‐Hsuan Hsu
September 2011, Volume 40, Issue 3
- 525-551 Does Fair Value Reporting Affect Risk Management? International Survey Evidence
by Karl V. Lins & Henri Servaes & Ane Tamayo - 553-590 Determinants of Profit Reinvestment by Small Businesses in Emerging Economies
by Sugato Chakravarty & Meifang Xiang - 591-621 Earnings Management and the Post‐earnings Announcement Drift
by Henock Louis & Amy X. Sun - 623-646 Information Leakage Prior to Company Issued Guidance
by Anna Agapova & Jeff Madura - 647-676 Corporate Disclosure, Market Valuation, and Firm Performance
by Yawen Jiao - 677-699 Self‐Expropriation versus Self‐Interest in Dual‐Class Voting: The Pirelli Case Study
by Marco Bigelli & Stefano Mengoli - 701-732 Payout Policy with Legal Restrictions
by Sattar A. Mansi & John K. Wald - 733-756 Clawbacks and Cronyism: Evidence from China
by Linda Allen & Guangzhong Li - 757-784 Sell‐Side Analyst Bias When Investment Banks Have Privileged Access to the Board
by Maria Carapeto & Miles B. Gietzmann - 785-809 The Effects of Advertising on Mutual Fund Flows: Results from a New Database
by Murat Aydogdu & Jay W. Wellman
June 2011, Volume 40, Issue 2
- 295-329 Deregulation and Risk
by Elias Semaan & Pamela Peterson Drake - 331-355 Resolving the Presidential Puzzle
by Oumar Sy & Ashraf Al Zaman - 357-380 Understanding Investor Sentiment: The Case of Soccer
by Gennaro Bernile & Evgeny Lyandres - 381-407 Value versus Growth: Time‐Varying Expected Stock Returns
by Huseyin Gulen & Yuhang Xing & Lu Zhang - 409-426 Fear and the Fama‐French Factors
by Robert B. Durand & Dominic Lim & J. Kenton Zumwalt - 427-453 Why Larger Lenders Obtain Higher Returns: Evidence from Sovereign Syndicated Loans
by Issam Hallak & Paul Schure - 455-481 Market Segmentation and the Cost of Capital in a Domestic Market: Evidence from Municipal Bonds
by Christo A. Pirinsky & Qinghai Wang - 483-513 Job Market Signaling: What Drives the Productivity of Finance Ph.D.s?
by Donald Flagg & Otis W. Gilley & Jung Chul Park
March 2011, Volume 40, Issue 1
- 1-4 Letter from the Editor
by William G. Christie - 5-38 The Economics of Director Heterogeneity
by Ronald C. Anderson & David M. Reeb & Arun Upadhyay & Wanli Zhao - 39-81 Deviations from Expected Stakeholder Management, Firm Value, and Corporate Governance
by Bradley W. Benson & Wallace N. Davidson III & Hongxia Wang & Dan L. Worrell - 83-112 Corporate Governance and Dividend Payout Policy: A Test Using Antitakeover Legislation
by Bill B. Francis & Iftekhar Hasan & Kose John & Liang Song - 113-138 Does Corporate Headquarters Location Matter for Firm Capital Structure?
by Wenlian Gao & Lilian Ng & Qinghai Wang - 139-157 Corporate Governance, Valuation, and Performance: Evidence from a Voluntary Market Reform in Brazil
by Marcus V. Braga‐Alves & Kuldeep Shastri - 159-197 Does Corporate Governance Predict Future Performance? Evidence from Hong Kong
by Yan‐Leung Cheung & J. Thomas Connelly & Ping Jiang & Piman Limpaphayom - 199-218 Co‐managers, Information, and the Secondary Market Liquidity of Initial Public Offerings
by Marius Popescu & Zhaojin Xu - 219-251 Underwriter Quality and Long‐Run IPO Performance
by Ming Dong & Jean‐Sébastien Michel & J. Ari Pandes - 253-277 The Performance of Private Equity‐Backed IPOs
by Mario Levis
December 2010, Volume 39, Issue 4
- 1307-1338 Conglomerate Structure and Capital Market Timing
by Xin Chang & Gilles Hilary & Chia Mei Shih & Lewis H.K. Tam - 1339-1365 Financial Flexibility, Investment Ability, and Firm Value: Evidence from Firms with Spare Debt Capacity
by Maria‐Teresa Marchica & Roberto Mura - 1367-1401 What Matters in Venture Capital? Evidence from Entrepreneurs’ Stated Preferences
by Ola Bengtsson & Frederick Wang - 1403-1423 Are Initial Returns and Underwriting Spreads in Equity Issues Complements or Substitutes?
by Dongcheol Kim & Darius Palia & Anthony Saunders - 1425-1474 The Certification Role of Large Customers in the New Issues Market
by William C. Johnson & Jun‐Koo Kang & Sangho Yi - 1475-1495 Retail Trading and IPO Returns in the Aftermarket
by Yue‐Cheong Chan - 1497-1519 The Effects of Ambiguous Information on Initial and Subsequent IPO Returns
by Tom Arnold & Raymond P.H. Fishe & David North - 1521-1546 Acquisition Activity and IPO Underpricing
by Thomas J. Boulton & Scott B. Smart & Chad J. Zutter - 1547-1573 Merger‐Motivated IPOs
by Armen Hovakimian & Irena Hutton - 1575-1599 Seasoned Equity Offers: The Effect of Insider Ownership and Float
by Vincent J. Intintoli & Kathleen M. Kahle - 1601-1642 Management Quality and Equity Issue Characteristics: A Comparison of SEOs and IPOs
by Thomas J. Chemmanur & Imants Paeglis & Karen Simonyan - 1643-1670 Executive Stock Option Exercise and Seasoned Equity Offerings
by Brandon N. Cline & Xudong Fu - 1671-1695 Gains from Mergers and Acquisitions Around the World: New Evidence
by G. Alexandridis & D. Petmezas & N.G. Travlos - 1697-1718 A Competing Risks Analysis of Corporate Survival
by Qing He & Terence Tai‐Leung Chong & Li Li & Jun Zhang - 1719-1742 Emerging from Chapter 11 Bankruptcy: Is It Good News or Bad News for Industry Competitors?
by Gaiyan Zhang
September 2010, Volume 39, Issue 3
- 863-904 Family Control of Firms and Industries
by Belén Villalonga & Raphael Amit - 905-928 Differences between Politically Connected and Nonconnected Firms: A Cross‐Country Analysis
by Mara Faccio - 929-964 The Relation between Stakeholder Management, Firm Value, and CEO Compensation: A Test of Enlightened Value Maximization
by Bradley W. Benson & Wallace N. Davidson - 965-996 Hedging Affecting Firm Value via Financing and Investment: Evidence from Property Insurance Use
by Hong Zou - 997-1026 A Law and Finance Analysis of Hedge Funds
by Douglas Cumming & Na Dai - 1027-1068 What Drives the Issuance of Putable Convertibles: Risk‐Shifting, Asymmetric Information, or Taxes?
by Thomas J. Chemmanur & Karen Simonyan - 1069-1096 Locked Up by a Lockup: Valuing Liquidity as a Real Option
by Andrew Ang & Nicolas P.B. Bollen - 1097-1126 Exercises of Executive Stock Options on the Vesting Date
by Xudong Fu & James A. Ligon - 1127-1154 Can Operating Leverage Be the Cause of the Value Premium?
by Luis García‐Feijóo & Randy D. Jorgensen - 1155-1176 Momentum and the Disposition Effect: The Role of Individual Investors
by Jungshik Hur & Mahesh Pritamani & Vivek Sharma - 1177-1196 Around‐the‐Clock Performance of Closed‐End Funds
by Ben Branch & Aixin Ma & Jill Sawyer - 1197-1222 Excess Cash and Stock Returns
by Mikhail Simutin - 1223-1252 Investor Inattention and the Underreaction to Stock Recommendations
by Roger K. Loh - 1253-1272 Information Asymmetry Determinants of Sarbanes‐Oxley Wealth Effects
by Aigbe Akhigbe & Anna D. Martin & Melinda L. Newman - 1273-1294 The Impact of Regulation FD on Institutional Investor Informativeness
by Douglas O. Cook & Tian Tang
June 2010, Volume 39, Issue 2
- 463-487 Stockholder and Bondholder Wealth Effects of CEO Incentive Grants
by Matthew T. Billett & David C. Mauer & Yilei Zhang - 489-513 The Notching Rule for Subordinated Debt and the Information Content of Debt Rating
by Kose John & S. Abraham Ravid & Natalia Reisel - 515-532 Split Bond Ratings and Information Opacity Premiums
by Miles Livingston & Lei Zhou - 533-553 Ratings Changes, Ratings Levels, and the Predictive Value of Analysts’ Recommendations
by Brad M. Barber & Reuven Lehavy & Brett Trueman - 555-584 The First Analyst Coverage of Neglected Stocks
by Cem Demiroglu & Michael Ryngaert - 585-612 The Quality and Price of Investment Banks’ Service: Evidence from the PIPE Market
by Na Dai & Hoje Jo & John D. Schatzberg - 613-641 Callable Bonds Revisited
by John C. Banko & Lei Zhou - 643-673 Speed of Issuance, Lender Specialization, and the Rise of the 144A Debt Market
by Rongbing Huang & Gabriel G. Ramírez - 675-706 An Empirical Comparison of Convertible Bond Valuation Models
by Yuriy Zabolotnyuk & Robert Jones & Chris Veld - 707-731 Default Risk in Corporate Yield Spreads
by Georges Dionne & Geneviève Gauthier & Khemais Hammami & Mathieu Maurice & Jean‐Guy Simonato - 733-756 The Impact of Financing Surpluses and Large Financing Deficits on Tests of the Pecking Order Theory
by Abe De Jong & Marno Verbeek & Patrick Verwijmeren - 757-782 How Do Firm Characteristics Influence the Relationship between R&D and Firm Value?
by Julio Pindado & Valdoceu De Queiroz & Chabela De La Torre - 783-805 Net Operating Working Capital Behavior: A First Look
by Matthew D. Hill & G. Wayne Kelly & Michael J. Highfield - 807-831 Peer Effects in the Trading Decisions of Individual Investors
by Lilian Ng & Fei Wu - 833-850 Market Misvaluation, Managerial Horizon, and Acquisitions
by Huasheng Gao
March 2010, Volume 39, Issue 1
- 1-3 Letter from the Editor
by Bill Christie - 5-32 Shareholder Value: Principles, Declarations, and Actions
by Claudio Loderer & Lukas Roth & Urs Waelchli & Petra Joerg - 33-57 Protecting Minority Shareholders: Listed versus Unlisted Firms
by Claudio Loderer & Urs Waelchli - 59-82 Are Member Firms of Corporate Groups Less Risky?
by Carl R. Chen & Weiyu Guo & Nicholas S.P. Tay - 83-127 Takeover Immunity, Takeovers, and the Market for Nonexecutive Directors
by Rasha Ashraf & Rajesh Chakrabarti & Richard Fu & Narayanan Jayaraman - 129-152 Do Corporate Venture Capitalists Add Value to Start‐Up Firms? Evidence from IPOs and Acquisitions of VC‐Backed Companies
by Vladimir I. Ivanov & Fei Xie - 153-185 Do Privatization IPOs Outperform in the Long Run?
by Seung‐Doo Choi & Inmoo Lee & William Megginson - 187-225 Managing News Coverage around Initial Public Offerings
by Chia‐Cheng Ho & Chi‐Ling Huang & Chien‐Ting Lin & George Y.C. Lin - 227-247 The Long‐Run Performance of Sponsored and Conventional Spin‐Offs
by April Klein & James Rosenfeld - 249-272 Overinvestment and the Operating Performance of SEO Firms
by Fangjian Fu - 273-299 Do Lead Banks Exploit Syndicate Participants? Evidence from Ex Post Risk
by Kamphol Panyagometh & Gordon S. Roberts - 301-322 Insider Trading after Repurchase Tender Offer Announcements: Timing versus Informed Trading
by Henock Louis & Amy X. Sun & Hal White - 323-363 Intraday Behavior of Stock Prices and Trades around Insider Trading
by A. Can Inci & Biao Lu & H. Nejat Seyhun - 365-392 Mutual Fund Incentive Fees: Determinants and Effects
by Danilo Drago & Valter Lazzari & Marco Navone - 393-418 How the Legal System Affects the Equity Mix in Executive Compensation
by Stephen Bryan & Robert Nash & Ajay Patel - 419-445 Do Tax Law Changes Influence Ex‐Dividend Stock Price Behavior? Evidence from 1926 to 2005
by Jeff Whitworth & Ramesh P. Rao
December 2009, Volume 38, Issue 4
- 699-726 Prebid Run‐Ups Ahead of Canadian Takeovers: How Big Is the Problem?
by Michael R. King - 727-745 Financial Restructuring in Fresh‐Start Chapter 11 Reorganizations
by Randall A. Heron & Erik Lie & Kimberly J. Rodgers - 747-780 Determinants of the Size and Composition of US Corporate Boards: 1935‐2000
by Kenneth M. Lehn & Sukesh Patro & Mengxin Zhao - 781-816 A Multistage Model of Loans and the Role of Relationships
by Sugato Chakravarty & Tansel Yilmazer - 817-835 Information Diffusion among International Fund Managers: Multicountry Evidence
by Jerry T. Parwada & Joey W. Yang - 837-860 Investment Timing for Dynamic Business Expansion
by George W. Blazenko & Andrey D. Pavlov - 861-887 Are Interlocked Directors Effective Monitors?
by Erik Devos & Andrew Prevost & John Puthenpurackal - 889-914 An Empirical Comparison of Option‐Pricing Models in Hedging Exotic Options
by Yunbi An & Wulin Suo - 915-936 The Telling Trades of Mutual Funds
by Gina Nicolosi
September 2009, Volume 38, Issue 3
- 441-486 Should Venture Capitalists Put All Their Eggs in One Basket? Diversification versus Pure‐Play Strategies in Venture Capital
by April Knill - 487-505 Share Repurchases, the Clustering Problem, and the Free Cash Flow Hypothesis
by Chuan‐San Wang & Norman Strong & Samuel Tung & Steve Lin - 507-541 Are Debt and Incentive Compensation Substitutes in Controlling the Free Cash Flow Agency Problem?
by Yilei Zhang - 543-566 The Impact of Investment Opportunities and Free Cash Flow on Financial Liberalization:A Cross‐Firm Analysis of Emerging Economies
by Sheng‐Syan Chen & Robin K. Chou & Shu‐Fen Chou - 567-602 Local Effects of Foreign Ownership in an Emerging Financial Market: Evidence from Qualified Foreign Institutional Investors in Taiwan
by Roger D. Huang & Cheng‐Yi Shiu - 603-630 Short Selling and the Weekend Effect for NYSE Securities
by Benjamin M. Blau & Bonnie F. Van Ness & Robert A. Van Ness - 631-661 Derivatives Use, Information Asymmetry, and MNC Post‐Acquisition Performance
by J. Barry Lin & Christos Pantzalis & Jung Chul Park - 663-686 Trade Receivables Policy of Distressed Firms and Its Effect on the Costs of Financial Distress
by Carlos A. Molina & Lorenzo A. Preve
June 2009, Volume 38, Issue 2
- 221-252 Evidence on the Trade‐Off between Risk and Return for IPO and SEO Firms
by Alon Brav & Roni Michaely & Michael Roberts & Rebecca Zarutskie - 253-284 The Impact of Fundamentals on IPO Valuation
by Rajesh Aggarwal & Sanjai Bhagat & Srinivasan Rangan - 285-300 Underpricing and Ex Post Value Uncertainty
by Sonia Falconieri & Albert Murphy & Daniel Weaver - 301-322 The Underpricing of Insurance IPOs
by Qiming Wang & James A. Ligon - 323-355 The Relation between IPO Underpricing and Litigation Risk Revisited: Changes between 1990 and 2002
by Yun (Ellen) Zhu - 357-380 Does the Market Incorporate Previous IPO Withdrawals When Pricing Second‐Time IPOs?
by Qin Lian & Qiming Wang - 381-409 Equity Market Comovement and Contagion: A Sectoral Perspective
by Kate Phylaktis & Lichuan Xia - 411-429 Is Innovativeness a Link between Pay and Performance?
by Michael K. Fung
March 2009, Volume 38, Issue 1
- 1-37 Capital Structure Decisions: Which Factors Are Reliably Important?
by Murray Z. Frank & Vidhan K. Goyal - 39-57 Information, Selective Disclosure, and Analyst Behavior
by Anchada Charoenrook & Craig M. Lewis - 59-74 Liquidity: Considerations of a Portfolio Manager
by Laurie Simon Hodrick & Pamela C. Moulton - 75-102 On the Use of Multifactor Models to Evaluate Mutual Fund Performance
by Joop Huij & Marno Verbeek - 103-137 The Conditional Beta and the Cross‐Section of Expected Returns
by Turan G. Bali & Nusret Cakici & Yi Tang - 139-160 Corporate Governance Ratings and Firm Performance
by Mine Ertugrul & Shantaram Hegde - 161-183 Determinants of Investment Cash Flow Sensitivity
by Gayané Hovakimian - 185-206 International Evidence on Financial Derivatives Usage
by Söhnke M. Bartram & Gregory W. Brown & Frank R. Fehle
December 2008, Volume 37, Issue 4
- 611-624 Managerial Response to the May 2003 Dividend Tax Cut
by Alon Brav & John R. Graham & Campbell R. Harvey & Roni Michaely - 625-646 How Did the 2003 Dividend Tax Cut Affect Stock Prices?
by Gene Amromin & Paul Harrison & Steven Sharpe - 647-671 The Effect of Fiduciary Standards on Institutions' Preference for Dividend‐Paying Stocks
by Kristine Watson Hankins & Mark J. Flannery & M. Nimalendran - 673-694 Asymmetric Information and Dividend Policy
by Kai Li & Xinlei Zhao - 695-712 Stock Splits as a Manipulation Tool: Evidence from Mergers and Acquisitions
by Shourun Guo & Mark H. Liu & Weihong Song - 713-745 Do Voting Rights Affect Institutional Investment Decisions? Evidence from Dual‐Class Firms
by Kai Li & Hernán Ortiz‐Molina & Xinlei Zhao - 747-768 Does Voluntary Disclosure Improve Stock Price Informativeness?
by K. Stephen Haggard & Xiumin Martin & Raynolde Pereira - 769-790 Foreign Exchange Volatility Is Priced in Equities
by Hui Guo & Christopher J. Neely & Jason Higbee
September 2008, Volume 37, Issue 3
- 391-412 How Much Does Expertise Reduce Behavioral Biases? The Case of Anchoring Effects in Stock Return Estimates
by Markku Kaustia & Eeva Alho & Vesa Puttonen - 413-430 Corporate Debt Issuance and the Historical Level of Interest Rates
by Christopher B. Barry & Steven C. Mann & Vassil T. Mihov & Mauricio Rodríguez - 431-460 Earnings and Equity Valuation in the Biotech Industry: Theory and Evidence
by Philip Joos & Alexei Zhdanov - 461-484 Does Financial Distress Risk Drive the Momentum Anomaly?
by Vineet Agarwal & Richard Taffler - 485-512 What Is the Cost of Financial Flexibility? Theory and Evidence for Make‐Whole Call Provisions
by Eric Powers & Sergey Tsyplakov - 513-534 Portfolio Manager Ownership and Mutual Fund Performance
by Allison L. Evans - 535-570 The Impact of Past Syndicate Alliances on the Consolidation of Financial Institutions
by Claudia Champagne & Lawrence Kryzanowski - 571-598 How Preussag Became TUI: A Clinical Study of Institutional Blockholders and Restructuring in Europe
by Ingolf Dittmann & Ernst Maug & Christoph Schneider
June 2008, Volume 37, Issue 2
- 173-192 Return Performance Surrounding Reverse Stock Splits: Can Investors Profit?
by Seoyoung Kim & April Klein & James Rosenfeld - 193-226 Stock Splits in Switzerland: To Signal or Not to Signal?
by Roger M. Kunz & Sandro Rosa‐Majhensek - 227-250 Institutional Investors and Shareholder Litigation
by Sergey S. Barabanov & Onem Ozocak & H.J. Turtle & Thomas J. Walker - 251-270 Share Repurchase Offers and Liquidity: An Examination of Temporary and Permanent Effects
by Nandkumar Nayar & Ajai K. Singh & Allan A. Zebedee - 271-301 The Wealth Effect of Japanese‐US Strategic Alliances
by Shao‐Chi Chang & Sheng‐Syan Chen & Jung‐Ho Lai - 303-339 Do Analysts Influence Corporate Financing and Investment?
by John A. Doukas & Chansog (Francis) Kim & Christos Pantzalis - 341-364 Capital Structure Choice in a Nascent Market: Evidence from Listed Firms in China
by Harjeet S. Bhabra & Tong Liu & Dogan Tirtiroglu - 365-379 Tax‐Adjusted Discount Rates with Investor Taxes and Risky Debt
by Ian A. Cooper & Kjell G. Nyborg
March 2008, Volume 37, Issue 1
- 1-21 The Impact of Firm Location on Equity Issuance
by Tim Loughran - 23-43 IPO Listings: Where and Why?
by Anne M. Anderson & Edward A. Dyl - 45-79 The IPO Derby: Are There Consistent Losers and Winners on This Track?
by Konan Chan & John W. Cooney & Joonghyuk Kim & Ajai K. Singh - 81-101 Moving from Private to Public Ownership: Selling Out to Public Firms versus Initial Public Offerings
by Annette B. Poulsen & Mike Stegemoller - 103-124 An Empirical Analysis of the Stockholder‐Bondholder Conflict in Corporate Spin‐Offs
by Chris Veld & Yulia V. Veld‐Merkoulova - 125-139 Tracking Stock or Spin‐Off? Determinants of Choice
by Anna N. Danielova - 141-161 Ownership Structure and IPO Valuation—Evidence from Taiwan
by Yin‐Hua Yeh & Pei‐Gi Shu & Re‐Jin Guo
September 2007, Volume 36, Issue 3
- 5-31 Value, Survival, and the Evolution of Firm Organizational Structure
by Richard Borghesi & Joel Houston & Andy Naranjo - 33-48 The Importance of Cash‐Flow News for Financially Distressed Firms
by Assaf Eisdorfer - 49-62 Asset Opaqueness and Split Bond Ratings
by Miles Livingston & Andy Naranjo & Lei Zhou - 63-80 Lockup and Voluntary Earnings Forecast Disclosure in IPOs
by Beng Soon Chong & Kim Wai Ho - 81-112 Firm Performance: Do Non‐Executive Directors Have Minds of their Own? Evidence from UK Panel Data
by Roberto Mura - 113-124 What's in the News? Information Content of S&P 500 Additions
by Jie Cai
July 2007, Volume 36, Issue 2
- 1-13 Growth Options, Beta, and the Cost of Capital
by Antonio E. Bernardo & Bhagwan Chowdhry & Amit Goyal - 1-20 IPO Underpricing, Firm Quality, and Analyst Forecasts
by Steven X. Zheng & David A. Stangeland - 1-21 Intra‐lndustry Effects of Corporate Capital Investment Announcements
by Sheng‐Syan Chen & Lan‐Chih Ho & Yi‐Cheng Shih - 1-21 Stock Price Response to Calls of Convertible Bonds: Still a Puzzle?
by Ivan E. Brick & Oded Palmon & Dilip K. Patro - 1-25 Takeover Activity as a Response to Time‐Varying Changes in Investment Opportunity Sets: Evidence from Takeover Sequences
by Sandy Klasa & Mike Stegemoller - 1-38 What's in Your 403(b)? Academic Retirement Plans and the Costs of Underdiversification
by John Angus & William O. Brown & Janet Kiholm Smith & Richard Smith
March 2007, Volume 36, Issue 1
- 27-47 The Effect of Substitute Assets on Yields in Financial Markets
by Ken B. Cyree & James T. Lindley & Drew B. Winters - 49-67 Access to Institutional Finance and the Use of Trade Credit
by Christina Atanasova - 69-89 Impact of Visibility and Investment Advisor Credibility on the Valuation Effects of High‐Tech Cross‐Border Acquisitions
by Georgina Benou & Kimberly C. Gleason & Jeff Madura - 91-112 Product Development and Market Expansion: A Real Options Model
by Andrea Gamba & Alberto Micalizzi
December 2006, Volume 35, Issue 4
- 5-30 Value of Conglomerates and Capital Market Conditions
by An Yan - 31-48 What Drives the S&P 500 Inclusion Effect? An Analytical Survey
by William B. Elliott & Bonnie F. Van Ness & Mark D. Walker & Richard S. Warr - 49-70 A Comparison of Syndicated Loan Pricing at Investment and Commercial Banks
by Maretno Harjoto & Donald J. Mullineaux & Ha‐Chin Yi - 71-94 Does Dividend Policy Relate to Cross‐Sectional Variation in Information Asymmetry? Evidence from Returns to Insider Trades
by Kenneth Khang & Tao‐Hsien Dolly King - 95-119 Who Wants to Trade Around Ex‐Dividend Days?
by Shing‐yang Hu & Yun‐Ian Tseng
September 2006, Volume 35, Issue 3
- 5-33 On the Accuracy of Different Measures of q
by Timothy Erickson & Toni M. Whited - 35-51 Stock Liquidity and Investment Opportunities: Evidence from Index Additions
by John R. Becker‐Blease & Donna L. Paul - 53-79 Institutional Environment and Sovereign Credit Ratings
by Alexander W. Butler & Larry Fauver - 81-95 Which Daily Price is Less Noisy?
by Christopher Ting - 97-116 Corporate Social Performance and Stock Returns: UK Evidence from Disaggregate Measures
by Stephen Brammer & Chris Brooks & Stephen Pavelin
June 2006, Volume 35, Issue 2
- 5-19 Do Invesrtors Capture the Value Premium?
by Todd Houge & Tim Lughran - 21-42 Investor Recognition, Liquidity, and Exchange Listings in the Reformed Markets
by Pankaj K. Jain & Jang‐Chul Kim - 43-65 The Dynamic Relation Between Returns and Idiosyncratic Volatility
by Xiaoquan Jiang & Bong‐Soo Lee - 67-91 The Determinants and Implications of Mutual Fund Cash Holdings: Theory and Evidence
by Xuemin (Sterling) Yan