Quarterly Journal of Business and Economics articles from June 2007

Quarterly Journal of Business and Economics archives from June 2007

How homogeneous are the stock markets of the Middle East and North Africa?
June 22, 2007... Introduction Stock markets in the Middle East widely have been ignored by international investors due to imposed restrictions on foreign stock ownership, the lack of common accounting standards and corporate transparency, and economic and...

Y2K: myth or reality?
June 22, 2007... Introduction The Y2K bug was due to a common source code used in computer software. Computer systems routinely were programmed for two-digit year entries to save storage space. Therefore, computers could have read 00 as 1900 and failed to...

On computing complete distributions for American and European standard and exotic options on stocks paying discrete dividends with applications to stochastic dominance analysis.
June 22, 2007... Introduction This paper shows that finite Markov chains can be applied as an intuitive and versatile method for the analysis of ordinary and exotic European and American calls and puts on dividend and non-dividend paying stocks. The...

Convertible debt use and corporate governance.
June 22, 2007... Introduction The goal of all firms is to maximize shareholder wealth. Agency relationships exist when one or more individuals (principals) hire one or more other individuals (agents) to perform some service on their behalf and delegate...