Financial Management articles from June 1995

Financial Management archives from June 1995

Corporate finance over the past 25 years.(Financial Management Silver Anniversary Commemoration)
June 22, 1995... In fearless youth we tempt the heights of Arts; While from the bounded level of our mind Short views we take, nor see the lengths behind, But, more advanced, behold with strange surprise New distant scenes of endless science rise! Alexander...

A functional perspective of financial intermediation.(Financial Management Silver Anniversary Commemoration)
June 22, 1995... There are two fundamentally different frames of reference for analysis of financial intermediation. One perspective takes as given the existing institutional structure of financial intermediaries and views the objective of public policy as...

Financial Management (1972-1994): a retrospective.(Financial Management Silver Anniversary Commemoration)
June 22, 1995... The Financial Management Association is celebrating the 25th anniversary of its founding as a decidedly successful organization. That success is due in no small part to its signature journal, Financial Management (FM). The need for a journal that...

Financial distress and restructuring models.(Financial Management Silver Anniversary Commemoration)
June 22, 1995... The basic social motivation for the legal, bankruptcy-reorganization process is to preserve organization value. One of the primary purposes of bankruptcy law is to facilitate the restructuring of financially distressed firms. The laws seek to...

Corporate capital structure decisions: evidence from leveraged buyouts.(Financial Management Silver Anniversary Commemoration)
June 22, 1995... The logic and consequences of leveraged buyouts (LBOs), both for the participants involved and for the economy as a whole, have been widely debated in the academic literature and the popular business press. In a leveraged buyout, a group of...

Insider trading and long-run return performance.(Financial Management Silver Anniversary Commemoration)
June 22, 1995... This paper provides an empirical examination of the propensity, probability, and aggregate profitability of insider transactions by managers of all NYSE- and AMEX-listed firms. Specifically, we focus on the patterns of insider trading in the...