Akron Business and Economic Review articles from September 1989

Akron Business and Economic Review archives from September 1989

A test of the applicability of the Black-Scholes call option pricing model: valuing S&P 100 index call options.
September 22, 1989... A Test Of The Applicability Of The Black-Scholes Call Option Pricing Model: Valuing S&P 100 Index Call Options Financial markets worldwide have experienced unprecedented volatility in the recent past. The cause of such volatility is of much...

Potential employer liability for the disclosure of employee information.
September 22, 1989... Potential Employer Liability For The Disclosure of Employee Information The maintenance and dissemination of information related to current and former employees have rapidly emerged as areas that are ripe for potential litigation by...

Measuring the eminence of business schools: a longitudinal analysis.
September 22, 1989... Measuring the Eminence of Business Schools: A Longitudinal Analysis University business schools compete directly with each other for scarce resources. Today, the competitive struggle for faculty, students, and respectability rages, and it is...

An empirical study of asset size, financial leverage, and stock market anomalies.
September 22, 1989... An Empirical Study Of Asset Size, Financial Leverage, And Stock Market Anomalies Empirical research has confirmed that stock market anomalies, such as the small firm effect [1, 3, 4, 6, 7, 8, 9] and the price to earnings ratio (P/E) effect...

Nonadopters of automatic teller machines.
September 22, 1989... Nonadopters Of Automatic Teller Machines The adoption and diffusion processes are two interrelated theoretical concepts that have received considerable attention in the literature. Adoption occurs at the micro level, within the mind of the...

Bank merger bids, managerial control and value maximization.
September 22, 1989... Bank Merger Bids, Managerial Control And Value Maximization (*1) The traditional theory of the firm is based on the assumption that management acts in the best interest of the stockholders, which is value maximization. In line with such a...

A re-examination of residuals around the ex-dividend date.
September 22, 1989... A Re-Examination Of Residuals Around The Ex-Dividend Date Much controversy exists about whether share prices are affected by a dividend-related tax effect on the day the stock goes ex-dividend. Campbell and Beranek [3] and Elton and Gruber...

Stock splits and return volatility.
September 22, 1989... Stock Splits And Return Volatility A stock split by itself is merely an accounting change with no change in firm value. It does not alter the total market value of shareholders' wealth; hence, there should be no effect on stock returns or...

An empirical investigation of the predictive power of accrual and cash flow data in forecasting operating cash flow.
September 22, 1989... An Empirical Investigation Of The Predictive Power Of Accrual And Cash Flow Data In Forecasting Operating Cash Flow A primary objective of accounting information is to help financial statement users forecast the amounts, timing, and...