This article reports the results of a survey of executives of companies listed on the Jakarta
Stock Exchange regarding their companies’ capital budgeting practices and the major factors …

Historical return data over the period 1934 to 1988 demonstrate that small-firm stocks, in
conjunction with cash equivalents, offer more profitable opportunities for market timing than …

by George W. Kester, Scott A. Hoover, and Kipling M. Pirkle efficiencies—primarily through
reductions in per unit labor costs. The company’s other operating expenses, which include …

This study examines the market reactions to dividend announcements and the interaction
with earnings announcements in the Malaysian stock market. Data was obtained for a sample …

How is it that people are so willing to pay financial investors large sums of money when it is
not at all clear that these investors are especially capable of outperforming the market? This …

This paper describes an approach to teaching the undergraduate introductory finance course
that integrates cases and lectures. Students receive broad exposure to finance as well as …

The Treasury bond futures contract has known embedded options, namely the quality option
that permits the short side to deliver the cheapest bond and the three timing options that …

This paper describes how the variety of teaching materials related to the takeover battle for
RJR Nabisco, including a Harvard Business School case, a best-selling book, articles in the …

This paper develops and illustrates the use of computationally efficient algebraic formulas
that directly solve the balancing problem that occurs in financial forecasting when projected …

According to data published by the Statistical Office of the Republic of Srpska, Gross Domestic
Product (GDP) of the Republic of Srpska recorded a negative growth rate of 0.9% in the …