Description
Book SynopsisExamining various issues in international finance and financial institutions, this collection of eleven papers represent the research on important topics in finance. The contributions include analyses of issues relating to asset prices, the behaviour of stock returns, and capital-raising activities.
Table of ContentsList of Contributors. Introduction. Time diversification and stochastic dominance (C.W. Hodges, H. Levy, J.A. Yoder). Minority equity investments and inter-firm collaborations (S.H. Chan, J.W. Kensinger, A.J. Keown, J.D. Martin). Size and book-to market effects in the returns on information technology stocks (Q.-N. Nguyen, T.A. Fetherston, J.A. Batten). Implied volatilities and auditor reputation: The Andersen case (J. M. Godbey, J.W. Mahar Jr.). Secondary equity offerings: The case of installments receipts (N. Charupat, C.S. Cheung). A new approach to testing PPP: Evidence from the Yen (T.J. Brailsford, J.H.W. Penm, R.D. Terrell). Correlation among stock markets under different exchange rate systems (P. Sarmas). Multiple banking as a commitment not to rescue (P. Povel). Opportunity cost and prudentiality: An analysis of collateral decisions in bilateral and multilateral settings (H.L. Baer, V.G. France, J.T. Moser). Collateralization and the number of lenders in private debt contracts: An empirical analysis (G.S. Roberts, N.A. Siddiqi). An examination of the efficiency of single versus multiple common bond credit unions (J.D. Tripp, P.M. Kenny, D.T. Johnson).
