Financial Management articles from September 2001

Financial Management archives from September 2001

Pricing an emerging industry: Evidence from Internet subsidiary carve-outs.(Statistical Data Included)
September 22, 2001... Chunsheng Zhou (*) We examine price behavior in the emerging Internet industry by comparing investor valuation of Internet subsidiary carve-outs with that of the parent. We provide examples of parent firms whose Internet carve-out holdings...

Takeovers of technology firms: Expectations vs. reality.(Statistical Data Included)
September 22, 2001... Theodor Kohers (*) The distinctive high-growth, high-risk nature of technology-based industries raises important questions about the creation of wealth in takeovers of technology firms. Although acquiring firm shareholders respond...

Discrete dividend policy with permanent earnings.(Statistical Data Included)
September 22, 2001... Bong-Soo Lee (*) We develop an empirically tractable dynamic model of discrete dividend policy based on an inter-temporal coarse signaling framework in which dividend adjustments signal only substantial variations in the permanent earnings...

How well do adverse selection components measure adverse selection?(Statistical Data Included)
September 22, 2001... Richard S. Warr (*) The performance of five adverse selection models are examined by comparing their component estimates to other measures of information asymmetry and informed trading. The models produce mixed results. Adverse selection...

Citation patterns in the finance literature.(Statistical Data Included)
September 22, 2001... John B. Mitchell (*) Out of a total of 12,637 individuals whose works were ever cited in the leading finance journals over the past 25 years, the top 1% (10%) account for more than one third (three quarters) of the number of citations to...