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- Hua, L., Qiao, Z., Tsang, C.-K., & Wong, W.-K. (2014). Preferences of risk averters and risk seekers on stock, housing and money market in Hong Kong. International Journal of Finance, 26(2), 111–142.
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Volume 8, Number 4, 1996
Risk Aversion and the Term Structure of Interest Rates
Michael A. Sullivan………………………………..321
The Demise of Stock Splits in Korea
S. Mukherji, Y. Lee, Yong H. Kim………………………………..338
Information Assimilation in the Intraday Futures Markets
Chun I. Lee, Ike Mathur………………………………..352
International Diversification: Established Versus Emerging Equity Markets
D. Mann, R. Johnson, Luc Soenen………………………………..375
Relative Capital Structure and Firm Value
M. Ariff, Kenneth C.H. Lau………………………………..391
Financial Leverage: A Cross-Country Analysis
L.C. Chugh, R. Koundinya, Yash R. Puri………………………………..411
Failure of External Debt Processes in Brazil and Mexico: An Examination
M. N. Johnson, K. M. Kasibhatla, J. Malindretos………………………………..426
BOOK REVIEW
Managing Risk in International Business: Techniques and Applications
Shyamasri Ghosh, Abraham Mulughetta………………………………..445
Volume 8, Number 3, 1996
The Irrelevance of Currency Choice in International Bank Loans
S. K. Sen, J. M. Geppert, G. V. Karels………………………………..198
Pricing Options with a Flexible Probability Distribution
Jim Washam………………………………..219
Seasonality in European Foreign Exchange Rates: An Empirical Investigation Across Various Regimes
Ann Marie Whyte, Mbodja Mougou………………………………..239
An Examination of the Post-Issue Operating and Financing Performance of IPO Firms
Zakri Y. Bello, Kenneth J. Smith………………………………..255
Price Change Relations in the Foreign Exchange Markets with Spot, Option, and Futures Contracts
Hong K. Rim, Ralph Hocking, Ming-Shiun Pan………………………………..279
Performance of Multinational Banks: A Comparison
M. R. Zaman, A. Bramhandkar………………………………..296
Volume 8, Number 2, 1996
Incorporating Stock Scoring Systems in Portfolio Management
Yusif E. Simann and David K. Whitcomb………………………………..102
Financial Market Shocks and International Short-Term Yield Relationships
Antsong Lin and Peggy E. Swanson………………………………..127
Durations and Immunization Strategy of Default-Prone Bonds
Kim, in Joon, Soon Woo Kwon and He Youn Cho………………………………..146
Intra-Industry Effects of Corporate Divestitures
Aigbe Akhigbe………………………………..162
Volume 8, Number 1, 1996
What Triggers the Underwriting Cycle?
Jorge L. Urrutia………………………………..1
Contemporaneous, Non-Contemporaneous Currency Exchanges and Arbitrage Activity
Lloyd P. Blenman………………………………..15
Foreign Investment Risk and Return on Index-Linked Gilts
Michael Tucker and Robert Eldridge………………………………..33
The Random Walk Hypothesis of Foreign Exchange Rates
David Karemera and Swarna D. Dutt………………………………..50
Predictability of Returns and Tests of Asset Pricing With Time-Varying Risk Premia in Currency Futures
Tribhuvan N. Puri and Elyas Elyasiani………………………………..73
Mutual Fund Returns and Expense Ratios: Do Shareholders Get What They Pay For?
Ronald L. Moy………………………………..93
Volume 7, Number 4, 1995
The Determinants of Interest Rate Margins: Empirical Evidence on the Canadian Banking System
Hua Yu………………………………..1373
Futures Innovation, Market Structure and Systematic Patterns in the Nikkei Stock Index Futures Markets: 1986-1992
Anne Fremoult Vila and Obiyathulla Bacha………………………………..1393
Foreign Trade and Exchange Rate Variability in Emerging Asian Markets: An Empirical Investigation
A. C. Arize………………………………..1414
The Effects of Preferred Stock Dividend Omissions on Investor Returns: Signalling or Wealth Transfer Effect?
Kam C. Chan and Annie Wong………………………………..1438
Reappraising the Role of Precious Metals in Global Investment Portfolios
Mahmoud Wahab and Malek Lashgari………………………………..1452
Devaluation Expectations and Credibility: The French Franc before the 1969 Devaluation
Pierre Canac………………………………..1469
Volume 7, Number, 3, 1995
A Discrete-Time Martingale Approach to Binomial Pricing with Stochastic Interest Rates
Carolyn W. Chang and Jack S. K. Chang………………………………..1240
Large Institutions and Corporate Policy: The Differential Support Policy
Stan Eakins and Chandrasekhar Mishra………………………………..1253
The Determinants of Potential Gain to the Underlying Stocks from Option Listing
S. Hamid, A. J. Prakash, M. G. Robbani and K. Dandapani………………………………..1268
A General International Market Index
Ephraim A. Clark………………………………..1288
The Principal Determinants of the Betas of Japanese ADRs
Keishiro Matsumoto………………………………..1313
Nonlinear Exchange Rate Forecasts Based on Neural Networks
Vincent Dropsy………………………………..1331
Investor Confidence and Effective Monetary Policy
Farrokh Langdana and Giles Mellon………………………………..1342
The Inter-Temporal Stability of the Variance-Covariance Matrix of Stock Returns
Ilhan Meric and Gulser Meric………………………………..1356
Book Review
Studies in International Taxation
Savita Verma………………………………..1367
Volume 7, Number 2, 1995
The Reaction of German Bank Stock Prices to Sovereign Loan Defaults
Wolfgang Bessler, G. Geoffrey Booth and S. V. Jayanti………………………………..1146
Growth and Systematic Risk
Ki C. Han………………………………..1164
Options and Valuations of Inventory
Giora Harpaz and Joseph Yagil………………………………..1174
Agency Costs and Firm Value: Further Evidence from Bidding Firms
Rakesh Duggal………………………………..1184
Long Return Intervals and Beta Estimates: Scandinavian Experience
Teppo Martikainen and Jukka Perttunen………………………………..1195
An Investigation of the Day-of-the-Week Effects on a Nascent Stock Market: The Thailand Experience
Ravindra Mamath and Patcharin Sitthichaikasem………………………………..1206
The Relationship between Security Prices and Real Economic Activity in Small Markets: The Israeli Experience
Shmuel Hauser………………………………..1227
Volume 7, Number 1, 1995
Mean-Reversion, Random Walk and Jumps in Real Exchange Rates
V. Anantha Nageswaran, Mahnaz Mahdavi and Hossein Kazemi…………………………………1040
Forecasting Stock Returns Out-of-Sample with a Markov Chain
Lisa Klein Surdyk…………………………………1063
Randomness in Developing Economies: An Investigation
Jorge L. Urrutia…………………………………1078
Share-Repurchase Restrictions and Implied Capital-Structure Expressions
Nahum Biger and Joseph Yagil…………………………………1092
Exchange Rate Uncertainty and Foreign Trade: Empirical Evidence from Canada
Subarna K. Samanta and Ali H. Mohamad Zadeh…………………………………1106
Arbitrage Opportunities in Currency and Credit Markets: New Evidence
Lloyd P. Blenman and Janet S. Thatcher…………………………………1123
Volume 6, Number 4, 1994
Market Reaction to Periodic Stock Distributions
Robert M. Conroy and Phillip R. Daves………………………………… 893
Real Exchange Rates and the GPH Estimator of the Fractional Difference Parameter
Seungmook Choi and Mark E. Wohar………………………………… 917
The Effect of the Degree of Ownership Control on Profitability and Market Value
William P. Lloyd and John S. Jahera, Jr…………………………………. 931
Price Discovery in Foreign Exchange Markets: An Intraday Analysis of Lead and Lag Relationships in the Yen/Dollar Market
Timothy R. Smaby………………………………… 942
Effective Exchange Rate on Global Monetary Interdependence: Effects Examined with Data from United Kingdom
Augustine C. Arize and Gordian A. Ndubizu………………………………… 966
An Intertemporal Interpretation of the U.S. Current Account Deficit
Eric Youngkoo Lee and Michael Szenberg………………………………… 990
Volume 6, Number 3, 1994
A Re-Examination of Stockholder Wealth in Voluntary Divestitures
A. Qayyum Khan and Dileep R. Mehta…………………………………. 801
Factors Associated with Dual Equity Listings
J. David Diltz and Sie Ting Lau…………………………………. 825
Corporate Governance Structure and Firm Performance
Zaher Zantout and Margaret O’Reilly-Allen…………………………………. 845
Instability of Mexico’s Inflation: An ARCH Analysis
Grocio Soldevilla and Edgar Ortiz…………………………………. 866
A Note on Factor Identification and Return Interval: Evidence from Swedish Stock Markets
Teppo Martikainen, Jukka Perttunen, and A. Gunasekaran…………………………..887
Volume 6, Number 2, Winter 1994
Establishing an Efficient Private-Federal Partnership in Deposit Insurance
Edward J. Kane …………………………………. 716
Merger Payment Method, Regulation, and Relative Size Effects on Banking Shareholder Returns
Walter P. Neely …………………………………. 737
The Role of Politics in the Debt Rescheduling of Early 1980s
Suk Hun Lee and Hyun Mo Sung …………………………………. 757
The General Flexibility to Switch: Real Options Revisited
Nalin Kulatilaka and Lenos Trigeorgis …………………………………. 778
Securities Markets & Stock Pricing: Evidence from a Developing Capital Market in Asia
Ki C. Han ………………………………….799
Volume 6, Number 1, Autumn 1993
Multinational Banks and Market Structure: the Case of Spain Luis Eduardo Rivera-Solis
Seasonality in the Foreign-Exchange Futures Market
Kartono Liano and Patrick H. Marchand ………………………………….697
Stability of the Structural Relationship Between Onshore and Offshore U.S. Dollar Yields
Peggy E. Swanson ………………………………….673
Margin Requirement and Cost of Portfolio Insurance
Krishnan Dandapani, Ali M. Parhizgari, Arun J. Prakash Mohammad G. Robbani ………………………………….653
Joint Efficiency of the U.S. Stock and Foreign Exchange Markets: Evidence from Cointegration
Banamber Mishra and Matiur Rahman ………………………………….640
A Work Profile of Financial Researchers
Russ Ray, Jay Brandi, Julia Lane and Dennis Glennon ………………………………….625
The Time Dependence in Return Generating Processes: Volume Versus ARCH and GARCH Effects in Thailand
Ravindra Kamath, Arjun Chatrath and Mukesh Chaudhry ………………………………..613
The Hedge Ratio and the Measure of Hedging Effectiveness for Foreign Currency Futures and Forward Contracts
Muhammad M. Islam…………………………………. 596
A Test of Modigliani-Miller Theory of Capital Structure: The Value Invariance Proposition with Australian Evidence
Toan M. Pham and Paul Chan ………………583
Volume 2, Number 2, 1990
Does the Quality of Investment Banks Foretell the Outcome
Charles A. Stone and Anne-Marie Zissu …………………………………. 1
U.S. Direct Foreign Investment and Economic Growth in Brazil
Theologos Homer Bonitis and Raj Aggawal ……………………………… 12
Bank Capital Ratios and Macroeconomic Stability
John M. Finkelstein …………………………………………………………. 20
Devaluation and Inflationary Pressures in the Less Developed Countries
Sam Q. Ziorklui ………………………………………………………………. 31
Systematic Risk, Monopoly Power, and Factor Prices
K. Thomas Liaw………………………………………………………………. 46
Interest Rates Implied in the Prices of S&P 100 Options
Robert R. Trippi and Rebecca Jacob Abraham …………………………. 52
Offer Premiums in Stock Exchange Mergers And The Distribution
Insup Lee, R. Richardson Pettit and Ronald F. Singer ……………….. 67
Modelling Money Demand Functions with Exchange Rates
Augustine Arize, Gordian Ndubizu……………………………………….. 88
Volume 2, Number 1, 1989
Pricing of the Call and Sinking Fund Provisions on Corporate Bonds Under Interest Rate Risk: Empirical Evidence
Thomas S. Y. Ho and Sang Bin Lee………………………………………….. 1
The Multiplicity of Financial Intermediary Types: The Rationale Re-Examined
Raymond C. Chiang and John M. Finkelstein………………………………………….. 18
The Valuation of Options Embedded in Government Agricultural Loans
Ramon Rabinovitich………………………………………….. 30
The Intermarket Pricing Relations in the Foreign Currency Options Market
Thomas A. Rhee and Fuad A. Abdullah………………………………………….. 50
Capital Regulation and Bank Portfolio Risk
Yashwant S. Dhatt………………………………………….. 58
Market Reaction to Listings and Delistings in the Dow Jones Portfolios
Oscar Varela and P. R. Chandy………………………………………….. 67
Volume 1, Number 2, 1989
The Market Model Specification and the Structural Stability of the Beta
Gordian Ndubizu, Augustine C. Arize, and P. R. Chandy……………. 1
Evaluating the Mean-Gini Approach to Portfolio Selection
Haim Shalit and Shlomo Yitzhaki………………………………………… 15
U. S. Trade Imbalance and the Dollar: Is There a Correlation?
Khrosrow Fatemi……………………………………………………………. 32
A Monetary Model of the Brazilian Balance of Payments
Krishnamoorti Kasibhatla ………………………………………………….. 52
Industry Effect of Financial Structure in Multinational Corporations
Gulser Meric and Ilhan Meric………………………………………………. 60
Agency Cost of Asset Substitution: Some Additional Results
Sris Chatterjee………………………………………………………………… 64
Partial Equity Interests and Managerial Incentives
Chih-Chang Hsu and Thomas Liaw ……………………………………….. 72
Volume 1, Number 1, 1988
How A Closed-End Fund Can Out-Perform Its Own Stock Portfolio
Matiyahu Marcus and Uzi Yaari …………………………………… 1
Interest Rate, Wealth and the Consumption-Savings Decision: The Relationship Revisited
Donald N. Baum and Dilip K. Ghosh …………………………………… 15
Pricing Exchange Risk and Location Costs: An Empirical Investigation of the World Capital Markets
Jongmoo Choi …………………………………… 35
The Keynesian and the Monetary Approaches to International Finance: A Reexamination
John Malindretos …………………………………… 46
Selection and Revision Theoretic Exercises in Portfolio Analysis
Dilip K. Ghosh …………………………………… 90
Dividend Changes and Preferred Stock Returns
Iraj Fooladi and Gordon S. Roberts …………………………………… 96
The Real and Nominal Parameters in the CAPM: A Responsive Coefficient Approach
Cheng F. Lee, Frank C. Jen and K. C. John Wei …………………………………… 113