Now showing items 1-10 of 54
The pricing of callable preferred stock
In this study, the authors use both the Black/Scholes European option model and the Barone-Adesi/Whaley American option model to estimate call option values implicit in seasoned callable preferred stock issues. Consistent ...
Ethical issues across cultures: Managing the differing perspectives of China and the USA
(MCB University Press, 1999)
US marketers know the US standard of ethics. However, that standard can lead to ethical conflict when Americans encounter the emerging market giant, China. As smaller US companies enter China, the potential for ethical ...
Small Firm Mutual Funds: Additional Evidence on the Small Firm Effect.
Returns generated with small firm mutual fund data are used to examine the extent to which identification of a "small firm effect" is due to the difficulty in measuring the direct and indirect transaction costs involved ...
The international transmission of eurodollar and US interest rates: A cointegration analysis
The relationship between US and Eurodollar certificate of deposit (CD) rates for the period 1981–1988 is examined using an error correction model. Results indicate that there is a structural change in the CD rates. In the ...
Innovation, firm size and corporate finance: An initial inquiry
The empirical results presented here suggest that asset-specificity as measured by innovation may be significantly related to corporate capital structure.
Duration and Convexity of Inverse Floating Rate Bonds
(Journal of Research in Finance, 1999)
Inverse floating rate bonds introduce unusual patterns of interest rate risk into a portfolio. To help assess and manage that risk, this paper presents duration and convexity measures for inverse floating rate bonds. Both ...
A Note on Euroyen and Domestic Yen Interest Rates
(Journal of Banking and Finance, 1995)
This study examines interest rate transmission between the London Euroyen market and the Japanese domestic CD market. The results, which span 1984 through the beginning of 1993, indicate that these two interest rate series ...
An Intraweek Seasonality in the Implied Volatilities of Individual and Index Options
This paper studies intraweek seasonalities in the implied volatilities of options on stock market indices. One-way analysis of variance isolates the daily behavior of implied volatilities. The differential between call ...
ELECTRONIC DATA INTERCHANGE: PLATFORM FOR A STRATEGIC BUSINESS FOCUS
(5th International Electronic Data Interchange Conference, 1992)
Early research into EDI stressed the greater speed, efficiencies and cost savings available from electronic document exchange and, despite EDI's cooperative focus, much of this research also described the technology as a ...
The Need for an Electronic Document Exchange Infrastructure for Supply Chain Management
Established supply chain management techniques such Just-In-Time inventory (JIT), Quick Response (QR) and Efficient Consumer Response (ECR) have proven that re-organising a business' processes to take advantage of the ...