Zobrazeno 1 - 9
of 9
pro vyhledávání: '"Steven B. Perfect"'
Publikováno v:
Review of Quantitative Finance and Accounting. 13:261-276
We examine individual IPO betas and provide further evidence that the documented decline in IPO betas results primarily from a seasoning or information effect and not from the delisting of high beta securities. We employ stochastic coefficient regres
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::a48912c2f33aaa39ecc2ceca4c39e89f
https://doi.org/10.1023/a:1008318514830
https://doi.org/10.1023/a:1008318514830
Autor:
Steven B. Perfect, Shawn D. Howton
Publikováno v:
The Journal of Derivatives. 6:53-64
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::f8cfb92cb5afcd85255018ce817e8e80
https://doi.org/10.3905/jod.6.2.53
https://doi.org/10.3905/jod.6.2.53
Publikováno v:
Journal of Financial Research. 21:219-228
In this paper we measure the market reaction to 937 straight debt issues between 1983 and 1993. We find a negative and significant market reaction to a straight debt announcement. In addition, we find that the market reaction to a straight debt issue
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::e523fb1521839ad0785de217b959193f
https://doi.org/10.1111/j.1475-6803.1998.tb00681.x
https://doi.org/10.1111/j.1475-6803.1998.tb00681.x
Publikováno v:
The Financial Review. 31:381-406
An important concern in portfolio management is the number of securities needed to create a well-diversified portfolio. The number of securities that constitute a welldiversified portfolio, however, varies widely among studies. It is demonstrated tha
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::ead1c99f912de36135a6694a2e2e64ad
https://doi.org/10.1111/j.1540-6288.1996.tb00878.x
https://doi.org/10.1111/j.1540-6288.1996.tb00878.x
Publikováno v:
Journal of Banking & Finance. 19:1005-1023
In their analysis of self-tender offers. Howe et al. (1992) reject the free cash flow hypothesis. We expand their analysis in two ways, exploring implications of using long-run measures of Tobin's q as opposed to current q's and incorporating cash fl
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::d715b21242536a6f299c5cf5b89aa103
https://doi.org/10.1016/0378-4266(94)00067-d
https://doi.org/10.1016/0378-4266(94)00067-d
Publikováno v:
Financial Analysts Journal. 51:47-57
After adjusting for transaction costs and different rebalancing periods, portfolios of securities selected on the basis of the issuing firm's book-to-market-equity (BE/ME) ratio and size can produce returns superior to those of the the market. Specif
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::6c1ae2e3a42bfd8b08fbe0596ea01896
https://doi.org/10.2469/faj.v51.n3.1905
https://doi.org/10.2469/faj.v51.n3.1905
Autor:
Kenneth W. Wiles, Steven B. Perfect
Publikováno v:
Journal of Empirical Finance. 1:313-341
Although Tobin's q is an attractive theoretical firm performance measure, its empirical construction is subject to considerable measurement error. In this paper we compare five estimators of q that range from a simple-to-construct estimator based on
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::8c8a069765a70dc22f06292e1bb2efa6
https://doi.org/10.1016/0927-5398(94)90007-8
https://doi.org/10.1016/0927-5398(94)90007-8
Autor:
Shawn D. Howton, Steven B. Perfect
Publikováno v:
Financial Management. 27:111
This study examines derivatives use in samples of 451 Fortune 500/S&P 500 (FSP) firms and 461 randomly selected firms. We find that over 61% of the FSP firms and 36% of the random firms use derivatives. In both samples, swaps are the most often used
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::3a595e5085f8e978e8d9471efb9b2b4a
https://doi.org/10.2307/3666417
https://doi.org/10.2307/3666417
Publikováno v:
Journal of Money, Credit and Banking. 28:527
This paper investigates the economic impact of client derivatives losses on OTC derivatives dealers. Its focus is on the capital marketers reaction to losses suffered by four end-users of OTC derivatives products arranged with Bankers Trust New York.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::51fd73fca64f3e7f7ba9053a08fbeaf8
https://doi.org/10.2307/2077898
https://doi.org/10.2307/2077898