Quarterly Journal of Business and Economics articles from June 1991

Quarterly Journal of Business and Economics archives from June 1991

A note on efficiency of "switching" hospitals.
June 22, 1991... A Note on the Efficiency of "Switching" Hospitals* Abstract Previous empirical evidence fails to support the property rights prediction of superior for-profit hospital performance. It has been suggested that one reason...

The anomalous stock market behavior of large firms in January: the evidence from the S&P composite and composite indexes. (Standard and Poor)
June 22, 1991... The Anomalous Stock Market Behavior of Large Firms in January: The Evidence from the S&P Composite and Component Indexes Abstract Previous studies have shown that the mean monthly return for January is significantly different...

Corporate takeover bids, methods of payment, and the effects of leverage.
June 22, 1991... Corporate Takeover Bids, Methods of Payment, and the Effects of Leverage Abstract Recent research examining the role of the method of payment in explaining common stock returns of bidding firms at the announcement of...

Searching for the Darby effect in tax exempt and taxable interest rate data.
June 22, 1991... Searching for the Darby Effect in Tax Exempt and Taxable Interest Rate Data Abstract The relationship between tax exempt and taxable interest rates during periods of changing inflation has been used as evidence of a Darby...

A reexamination of stock distributions controlling for nonstationarity of systematic risk.
June 22, 1991... A Reexamination of Stock Distributions Controlling for Nonstationarity of Systematic Risk Abstract Most stock dividend/split event studies have assumed that beta is stationary over the estimation period. Concerns have been...

Market response to value OTC special situations service recommendations. (over the counter market)
June 22, 1991... Market Response to Value Line OTC Special Situations Service Recommendations Abstract This study examines both the information content and investment performance of The Value Line OTC Special Situations Service (VLSSS)...