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Full-Text Articles in Business

Conditional Tests Of A Signalling Hypothesis : The Case Of Fixed Versus Adjustable Rate Debt, Jose Guedes, Rex Thompson Jan 1992

Conditional Tests Of A Signalling Hypothesis : The Case Of Fixed Versus Adjustable Rate Debt, Jose Guedes, Rex Thompson

Historical Working Papers

Using a sampling of debt issues over an eight year period, the study observes a relationship between TBill volatility and whether the debt issue has a fixed or variable rate.


Tax-Loss-Selling And Closed-End Stock Funds, John W. Peavy Iii Jan 1992

Tax-Loss-Selling And Closed-End Stock Funds, John W. Peavy Iii

Historical Working Papers

Study of 71 closed-end stock funds that went public over a five year period attributes turn-of-the-year selling to price declines over the preceeding year. Size is shown not to be a primary predictor.


Hostile Takeovers And Intangible Resources : An Empirical Investigation, Tim C. Opler Jan 1992

Hostile Takeovers And Intangible Resources : An Empirical Investigation, Tim C. Opler

Historical Working Papers

Studying a sample of firms drawn from the 1980 Value Line, results demonstrate that firms which are poor diversifiers and those that fail to build rent- generating strategic resources are the most frequent targets of hostile takeover.


Catalog Forecasting System : A Graphics-Based Decision Support System, David V. Evans, Uday M. Apte Jan 1992

Catalog Forecasting System : A Graphics-Based Decision Support System, David V. Evans, Uday M. Apte

Historical Working Papers

J.C. Penney's catalog forecasting system is reported and key elements are associated with current research. The system fairs well, utilizing management commitment, extensive user training, and user involvement in design and development of the system.


Interest Rate Swaps : A Bargaining Game Solution, Uday Apte, Prafulla G. Nabar Jan 1992

Interest Rate Swaps : A Bargaining Game Solution, Uday Apte, Prafulla G. Nabar

Historical Working Papers

Two types of interest rate swaps are analyzed, one between a firm and intermediary and one between two risky firms through an intermediary. A game model is introduced that can provide the equilibrium swap rate that is acceptable to both parties.


The Strategic Value Of Leverage : An Exploratory Study, Jose C. Guedes, Tim C. Opler Jan 1992

The Strategic Value Of Leverage : An Exploratory Study, Jose C. Guedes, Tim C. Opler

Historical Working Papers

The capital structures of firms were analyzed from 1989 data housed in the Computstat files to assess the role of debt in strategic interactions between firms in the product market. The study shows no significant role for leverage.


Dow Corning And The Silicone Implant Controversy, Zarina S. F. Lam, Dileep Hurry Jan 1992

Dow Corning And The Silicone Implant Controversy, Zarina S. F. Lam, Dileep Hurry

Historical Working Papers

A review is provided of the silicone implant industry during the 1980's and through 1992.


The Causes Of Corporate Refocusing, Julia Liebeskind, Tim C. Opler Jan 1992

The Causes Of Corporate Refocusing, Julia Liebeskind, Tim C. Opler

Historical Working Papers

Data from Compustat database was examined to detect which firms refocused and begin to understand why they did so. It was found thatduring the 1980s the largest firms diversified and smaller firms refocused. The analysis ends by noting that this may be due to the increasing domination of the economy by large firms.