Finance and Financial Management Commons^™

Dividend Signalling, Cash Flow, And Market Reaction: An Empirical Investigation, Zheng Gu

Retrospective Theses and Dissertations

Financial signaling theory has hypothesized that signals are backed up by improved cash flow. The relationship between signals and cash flow, however, has never been empirically investigated. The purpose of this paper is to conduct such an investigation by examining the relationship between cash flow and dividend signal, the most frequently employed financial signal. In particular, this study examines if there are false dividend signals that are not supported by better cash flow and how the market reacts to them. A two-stage empirical dividend signalling model is developed. Unexpected dividend increases of non-financial and non-regulated firms from 1982 through 1986 …

The Information Content Of Standard & Poor's Common Stock Ranking Changes, James Felton

Graduate Theses and Dissertations

This study examines the information content of Standard & Poor's common stock ranking changes. These rankings are derived from a system which begins with a computer-generated score for per-share growth, stability, and cyclicality of earnings and dividends for the most recent ten years of available data. Standard & Poor's then makes adjustments to the scores based on firm size, sales volume, "relative current standing,'1 and special considerations. The eight rankings are as follows: A+ (Highest), A (High), A- (Above Average), B+ (Average), B (Below Average), B- (Lower), C (Lowest), and D (In Reorganization). Although the rankings are not purported to …

No. 116 1990 November

International Journal for Business Education

SIEC Historical Documents

Free Bank Failures In New York And Wisconsin: A Portfolio Analysis, Andrew J. Economopoulos

Business and Economics Faculty Publications

Rolnick and Weber found that a sharp decline in asset prices led to bank panics and, ultimately, bank failures during the free banking era. An examination of New York and Wisconsin free bank portfolios prior to a fall in asset prices indicates banks that weathered the turmoil held significantly different portfolios than closed banks. In general, solvent banks held more loans and specie, and issued more deposits and less bank notes than closed banks.

An Empirical Investigation Of Middle Management Training Programs Of The Petroleum Sector In Egypt, Ahmed Ibrahim Hamed

Archived Theses and Dissertations

No abstract provided.

1990-1991 Operating Budget, Southern University System. Office Of Finance & Administration.

All Southern University System Budgets

The Southern University and A & M College Operating Budget for the Fiscal Year 1990-1991.

1990-1991 Operating Budget, Southern University System. Office Of Finance & Administration.

All Southern University System Budgets

The Southern University Board and System Administration Operating Budget for the Fiscal Year 1990-1991.

1990-1991 Operating Budget, Southern University System. Office Of Finance & Administration.

All Southern University System Budgets

1990-1991 Southern University Law Center Operating Budget. Fiscal year ending June 30, 1991.

1990-1991 Operating Budget, Southern University System. Office Of Finance & Administration.

All Southern University System Budgets

The Southern University at Shreveport-Bossier City Campus, Operating Budget for Fiscal Year Ending June 30,1991.

A Comparative Analysis Of Value Line, Standard And Poor's And Moody's Industiral Bond Ratings, Billie Ann Brotman

Faculty Articles

This paper compares and contrasts financial strength ratings assigned by Value Line, Standard and Poor's, and Moody's. All of these rating agencies use modified ratings. When modifiers are considered, these agencies agree between 85 to 97 percent of the time. A model using stock market information as well as liquidity, leverage, activity and profitability ratios is presented. Cronbach's alpha, a measure of reliability, is calculated for each rating class, and the entire data set.

No. 115 1990 April

International Journal for Business Education

SIEC Historical Documents

1990-1991 Budget Request: Southern University Baton Rouge And Law Center, Southern University System. Office Of Finance & Administration.

All Southern University System Budgets

The Southern University and A & M College, Baton Rouge Campus and Law Center 1990-1991 Budget Request.

1990-1991 Budget Request, Southern University System. Office Of Finance & Administration.

All Southern University System Budgets

The 1990-1991 Southern University System Administration & Board of Supervisors Budget Request.

Indiana State University Financial Report 1990, Indiana State University

Financial Reports

No abstract provided.

Ua36i/2/1 Peggy Keck Interview, Peggy Keck

WKU Administration Documents

Peggy Keck interviewed about Students in Free Enterprise competitions.

Bulletin No 4172 - Using Gross Margins, Peter Eckersley

Bulletins 4000 -

The gross margin of a farm activity is the difference Variable or direct costs are those which change according between the gross income earned and the variable costs to the size of the activity, for example, drenches, dips and incurred.

Gross margins are useful for comparing similar farm activities. They are best expressed in terms of that farm resource which is most limiting (for example, per hectare, per dollar invested or per labour unit). Gross margins can be used to compare the performance of current activities or to predict the performance of a potential alternative activity.

They should not be …

Introduction, Oscar G. Chase

Journal of Legal Education

No abstract provided.

Who Will Pay The Piper Or Leave The Check On The Table For The Other Guy, John R. Kramer

Journal of Legal Education

No abstract provided.

Educational Debts And The Worsening Position Of Small-Firm, Government, And Legal-Services Lawyers, David L. Chambers

Journal of Legal Education

No abstract provided.

New York University School Of Law's Low Income Loan Assistance Program-Lilap, Michael Beriss, Annette Hurst, Charles Wittenberg

Journal of Legal Education

No abstract provided.

Educational Debt Burden: Law School Assistance Programs - A Review Of Existing Programs And A Proposed New Approach, David H. Vernon

Journal of Legal Education

No abstract provided.

An Economic Analysis Of The Market For Law School Students, Ronald G. Ehrenberg

Journal of Legal Education

No abstract provided.

Minority Students And Debt: Limiting Limited Career Options, Marilyn V. Yarbrough

Journal of Legal Education

No abstract provided.

The Impact Of Law Student Debt Upon The Legal Profession, James P. White

Journal of Legal Education

No abstract provided.

Takeovers, Prasanna Chandra

IIMB Management Review

A takeover generally involves the acquisition of a certain block of equity capital of a company which enables the acquirer to exercise control over the affairs of the company. In theory, the acquirer must buy more than 50 percent of the paid-up equity of the acquired company to enjoy complete control. In practice, however, effective control can be exercised with a smaller holding, usually between 10 and 40 percent, because the remaining shareholders, scattered and ill-organized, are not likely to challenge the control of the acquirer. Takeover mania appears to be sweeping the Indian corporate world. This has perhaps been …

Capital Market Efficiency And Financial Reporting, R Narayanswamy

IIMB Management Review

The role of accounting information in an efficient market has been a subject of study in the U.S.A. in the seventies and eighties. Systematic and rigorous research in the field has led to significant findings that have major implications for investors, managers, auditors and accounting standard setters. If these research findings can be sustained under varying conditions, the debate over financial reporting issues will change qualitatively —from issues of form of reporting accounting) to issues of substance (i.e. disclosure).

This article reviews the findings in several studies, presents them in a classified way that helps linking their relationship and examines …

Dividend Policy And Tax Structure, Kian Guan Lim

Research Collection Lee Kong Chian School Of Business

We show that a certain class of progressive tax structure induces an optimal dividend policy which is autogressive in nature. The theoritical model is consistent with empirically observed dividend policies.

Fishing Licences As Security For Loans., Fisheries Department Of Western Australia.

Fisheries Management Papers

During mid 1988 the Minister for Fisheries at that time, the Hon Julian Grill, sought the establishment of a committee of advice to examine security arrangements for financial institutions providing funds for fishing licences and fishing boats. The prime objective of the Committee was to examine and report upon the requirements for establishing fishing licences as a form of collateral for loans. The major issue before the Committee arose from licence holders seeding generally the means by which their investment in a fishing licence could be used as security, whereas lending institutions sought to ensure their loans would be adequately …

No. 114 1989 November

International Journal for Business Education

SIEC Historical Documents

Bulletin No 4167 - Futures Markets, Roderick Grieve

Bulletins 4000 -

Most people have heard of futures but many are unsure of what they are or how they work. The primary purpose of futures is to reduce the risks associated with selling or buying commodities whose price fluctuates. The futures market operates by bringing buyers and sellers together in one place where they negotiate prices at which certain specified commodities will change hands at given future dates. Users of the futures market include producers or users of the commodity, traders in the commodity and speculators.

Futures contracts differ in several respects from typical contracts for cash sales. The futures contract standardizes …