References to Book

Aharony, J. and I. Swary, 1981, "Quarterly Dividends and Earnings Announcements and Stockholders' Returns: An Empirical Analysis," Journal of Finance, Vol 36, 1-12.

Altman, E.I. , 1968, "Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy", Journal of Finance, Vol 23, pp 589-609.

Altman, E.I. and V.Kishore, 1996, "The Default Experience of U.S. Bonds",Working Paper, Salomon Center.

Altman, E.I., 1994, "Defaults and Returns on High Yield Bonds", Working Paper, Salomon Center, New York University.

Amihud, Y., B. Christensen and H. Mendelson, 1992, "Further Evidence on the Risk-Return Relationship," Working Paper, New York University.

Asquith, P. and D.W. Mullins, Jr., 1983, " The Impact of Initiating Dividend Payments on Shareholder Wealth," Journal of Business, Vol 56, 77-96.

Bailey, W. "Canada's Dual Class Shares: Further Evidence On The Market Value Of Cash Dividends," Journal of Finance, 1988, v43(5), 1143-1160.

Baker, H. Kent, Gail E. Farrelly and Richard B. Edelman. "A Survey Of Management Views On Dividend Policy," Financial Management, 1985, v14(3), 78-84.

Barry, Christopher B., Chris J. Muscarella and Michael R. Vetsuypens. "Underwriter Warrants, Underwriter Compensation, And The Costs Of Going Public," Journal of Financial Economics, 1991, v29(1), 113-136.

Barry, Christopher B., Chris J. Muscarella, John W. Peavy, III and Michael R. Vetsuypens. "The Role Of Venture Capital In The Creation Of Public Companies: Evidence From The Going-Public Process," Journal of Financial Economics, 1990, v27(2), 447-472.

Baumol, William J. "The Transactions Demand For Cash: An Inventory Theoretic Approach," Quarterly Journal of Economics, 1952, v66(4), 545-556.

Beaver, William H., Paul Kettler and Myron Scholes. "The Association Between Market Determined And Accounting Determined Risk Measures," The Accounting Review, 1970, v45(4), 654-682.

Bhide, A., 1993, "Reversing Corporate Diversification," in The New Corporate Finance- Where Theory meets Practice, ed. D.H. Chew Jr., McGraw Hill.

Black, F. and M. Scholes, 1972, "The Valuation of Option Contracts and a Test of Market Efficiency," Journal of Finance, Vol 27, 399-417.

Block, Stanley B. and Timothy J. Gallagher. "How Much Do Bank Trust Departments Use Derivatives?," Journal of Portfolio Management, 1988, v15(1), 12-15.

Block, Stanley B. and Timothy J. Gallagher. "The Use Of Interest Rate Futures And Options By Corporate Financial Managers," Financial Management, 1986, v15(3),73-78.

Booth, James R., Richard L. Smith and Richard W. Stolz. "Use Of Interest Rate Futures By Financial Institutions," Journal of Bank Research, 1984, v15(1), 15-20.

Bradley, M., A. Desai and E.H. Kim, 1983, "The Rationale behind Interfirm Tender Offers," Journal of Financial Economics, Vol 11, 183-206.

Bradley, M., A. Desai and E.H. Kim, 1988, "Synergistic Gains from Corporate Acquisitions and their Division between the Stockholders of Target and Acquiring Firms," Journal of Financial Economics, Vol 21, 3-40.

Bradley, Michael, Gregg A. Jarrell and E. Han Kim. "On The Existence Of An Optimal Capital Structure: Theory And Evidence," Journal of Finance, 1984, v39(3), 857-878.

Brennan, M.J. and E.S. Schwartz, 1985, "Evaluating Natural Resource Investments," Journal of Business, Vol 58, 135-158.

Brickley, James A., Ronald C. Lease and Clifford W. Smith, Jr. "Ownership Structure And Voting On Antitakeover Amendments," Journal of Financial Economics, 1988, v20(1/2), 267-292.

Chan, L.K. and J. Lakonsihok, 1992, "Are the reports of Beta's death premature?", Working Paper, University of Illinois.

Charest, Guy. "Split Information, Stock Returns And Market Efficiency - I," Journal of Financial Economics, 1978, v6(2/3), 265-296.

Chen, N., R. Roll and S.A. Ross, 1986, "Economic Forces and the Stock Market", Journal of Business, 1986, Vol 59, 383-404.

Choi, F.D.S. and R.M. Levich, 1990, "The Capital Market Effects of International Accounting Diversity," Dow Jones Irwin.

Cootner, P. H. "Common Elements In Futures Markets For Commodities And Bonds," American Economic Review, 1961, v51(2), 173-183.

Copeland, T.E., E.F. Lemgruber and D. Mayers, 1987, "Corporate Spinoffs: Multiple Announcement and Ex-Date Abnormal Performance", in Modern Finance and Industrial Economics, Basil Blackwell.

Copeland, T.E., T. Koller and J. Murrin, 1990, "Valuation: Measuring and Managing the Value of Companies", John Wiley and Sons.

Copeland, Thomas E. "Liquidity Changes Following Stock Splits," Journal of Finance, 1979, v34(1), 115-141.

Cornell, Bradford and Alan C. Shapiro. "Corporate Stakeholders and Corporate Finance", Financial Management, Spring 1987, pp 5-14.

Damodaran, A. "The Weekend Effect In Information Releases: A Study Of Earnings And Dividend Announcements," Review of Financial Studies, 1989, v2(4), 607-623.

Damodaran, A., Investment Valuation, John Wiley & Sons, 1994.

Dann, L.Y. and H. DeAngelo, 1983, "Standstill Agreements, Privately Negotiated Stock Repurchases, and the Market for Corporate Control", Journal of Financial Economics, Vol 11, 275-300.

Dann, L.Y. and H. DeAngelo, 1988, "Corporate Financial Policy and Corporate Control: A study of Defensive Adjustments in Asset and Ownership Structure," Journal of Financial Economics, Vol 20, 87-128.

Dann, Larry Y., David Mayers and Robert J. Raab, Jr. "Trading Rules, Large Blocks And The Speed Of Price Adjustment," Journal of Financial Economics, 1977, v4(1), 3-22.

Davis, H. for Business International Corporation, "The 1989 Treasury Survey: New Directions in Financial Risk Management".

DeAngelo, H. and E.M. Rice, 1983, "Antitakeover Charter Amendments and Stockholder Wealth", Journal of Financial Economics, Vol 11, 329-360.

DeAngelo, H. and L. DeAngelo, 1985, "Managerial Ownership of Voting Rights: A Study of Public Corporations with Dual Classes of Common Stock," Journal of Financial Economics, Vol 14, 33-69.

DeAngelo, H., L. DeAngelo and E.M. Rice, 1984, "Going Private: The Effects of a change in Corporate Ownership Structure," Midland Corporate Finance Journal, 35-43.

DeBondt , W.F.M. & R. Thaler, 1987, "Further Evidence on Investor Overreaction and Stock Market Seasonality", Journal of Finance, Vol 42, pp 557-581.

DeBondt, W.F.M. & R. Thaler, 1985, "Does the Stock Market Overreact?", Journal of Finance, Vol 40, pp 793-805.

Denis, David J. and Diane K. Denis. "Leveraged Recaps In The Curbing Of Corporate Overinvestment," Journal of Applied Corporate Finance, 1993, v6(1), 60-71.

Dubofsky, P. and P.R. Varadarajan, 1987, "Diversification and Measures of Performance: Additional Empirical Evidence," Academy of Management Journal, 597-608.

Elton, Edwin J., Martin J. Gruber and Joel Rentzler. "The Ex-Dividend Day Behavior Of Stock Prices; A Reexamination Of The Clientele Effect: A Comment," Journal of Finance, 1984, v39(2), 551-556.

Fama, E.F. and K.R. French, 1992, "The Cross-Section of Expected Returns", Journal of Finance, Vol 47, 427-466.

Fama, E.F., 1965, "The Behavior of Stock Market Prices", Journal of Business, Vol 38, pp 34-105.

Fama, E.F., 1970, "Efficient Capital Markets: A Review of Theory and Empirical Work," Journal of Finance, Vol 25, pp 383-417.

Fama, Eugene F. and G. William Schwert. "Asset Returns And Inflation," Journal of Financial Economics, 1977, v5(2), 115-146.

Fama, Eugene F. and Harvey Babiak. "Dividend Policy: An Empirical Analysis," Journal of the American Statistical Association, 1968, v63(324), 1132-1161.

Fama, Eugene F., Lawrence Fisher, Michael C. Jensen and Richard Roll. "The Adjustment Of Stock Prices To New Information," International Economic Review, 1969, v10(1), 1-21.

Feldstein, Martin. "Fiscal Policies, Inflation, And Capital Formation," American Economic Review, 1980, v70(4), 636-650.

Flannery, Mark J. "Asymmetric Information And Risky Debt Maturity Choice," Journal of Finance, 1986, v41(1), 19-38.

Fruhan, W.E., 1979, "Financial Strategy: Studies in the Creation, Transfer and Destruction of Shareholder Value, Homewood, Ill., Irwin.

Fruhan, W.E., W.C. Kester, S.P. Mason, T.R. Piper and R.S. Ruback, 1992, Case Problems in Finance, Irwin.

Ghosh, C. and J. R. Woolridge. "Stock-Market Reaction To Growth-Induced Dividend Cuts: Are Investors Myopic?," Managerial Decision Economics, 1989, v10(1), 25-35.

Ghosh, Chinmoy and J. Randall Woolridge. "An Analysis Of Shareholder Reaction To Dividend Cuts And Omissions," Journal of Financial Research, 1988, v11(4), 281-294.

Gitman, Lawrence J., Edward A. Moses and I. Thomas White. "An Assessment Of Corporate Cash Management Practices," Financial Management, 1979, v8(1), 32-41.

Goswami, Gautam, Thomas Noe and Michael Rebello. "Debt Financing Under Asymmetric Information," Journal of Finance, 1995, v50(2), 633-659.

Grinblatt, Mark S., Ronald W. Masulis and Sheridan Titman. "The Valuation Effects Of Stock Splits And Stock Dividends," Journal of Financial Economics, 1984, v13(4), 461-490.

Hand, John R. M., Robert W. Holthausen and Richard W. Leftwich. "The Effect Of Bond Rating Agency Announcements On Bond And Stock Prices," Journal of Finance, 1992, v47(2), 733-752.

Haugen, R.A., 1990, "Modern Investment Theory", Prentice Hall.

Healy, P.M., K.G. Palepu and R.S. Ruback, 1989, "Do Mergers improve Corporate Performance?", Working Paper, Harvard Business School.

Hite, G.L. and J.E. Owers, 1983, "Security Price Reactions around Corporate Spin-off Announcements," Journal of Financial Economics, Vol 12, 409-436.

Hong, Hai, Robert S. Kaplan and Gershon Mandelker. "Pooling Vs. Purchase: The Effects Of Accounting For Mergers On Stock Prices," The Accounting Review, 1978, v53(1), 31-47.

Ibbotson and Sinquefield, 1996, "Stocks, Bonds, Bills and Inflation", Ibbotson Associates.

Ibbotson, R.G. and G.P. Brinson, 1993, "Global Investing", McGraw Hill.

Ibbotson, Roger G., Jody L. Sindelar and Jay R. Ritter. "Initial Public Offerings," Journal of Applied Corporate Finance, 1988, v1(2), 37-45.

Ibbotson, Roger G., Jody L. Sindelar and Jay R. Ritter. "The Market's Problems With The Pricing Of Initial Public Offerings," Journal of Applied Corporate Finance, 1994, v7(1), 66-74.

Jain, P.C., 1985, "The Effect of Voluntary Sell-off Announcements on Shareholder Wealth," Journal of Finance, Vol 40, 209-224.

Jarrell, G.A. and A.B. Poulsen, 1988, "Dual Class Recapitalizations as Antitakeover Mechanisms: The Recent Evidence," Journal of Financial Economics, Vol 20, 129-152.

Jarrell, G.A., J.A. Brickley and J.M. Netter, 1988, "The Market for Corporate Control: The Empirical Evidence since 1980," Journal of Economic Perspectives, Vol 2, 49-68.

Jennergren, L.P., 1975, "Filer Tests of Swedish Share Prices", in International Capital Markets, North-Holland, 55-67.

Jennergren, L.P., and P.E. Korsvold, 1974, "Price Formation in the Norwegian and Swedish Stock Markets - Some Random Walk Tests", Swedish Journal of Economics, 76, 171-185.

Jensen, M.C, 1969, "Risk, the Pricing of Capital Assets, and the Evaluation of Investment Portfolios", Journal of Business, Vol 42, pp 167-247.

Jensen, M.C. and R.S. Ruback, 1983, "The Market for Corporate Control", Journal of Financial Economics, Vol 11, 5-50.

Jensen, M.C., 1986, "Agency Costs of Free Cashflow, Corporate Finance and Takeovers", American Economic Review, Vol 76, 323-329.

Kale, Jayant R. and Thomas H. Noe. "Risky Debt Maturity Choice In A Sequential Game Equilibrium", Journal of Financial Research, 8, 155-165

Kaplan, R.S. and R. Roll, 1972, "Investor Evaluation of Accounting Information: Some Empirical Evidence," Journal of Business, 225-257.

Karpoff, J.M. and P.H. Malatesta, 1990, "The Wealth Effects of Second-Generation State Takeover Legislation, Journal of Financial Economics, Vol 25, 291-322.

Keynes, J.M., The General Theory of Employment, Interest and Money, Harcourt, Brace and World, Inc, 1936.

Krishna G. Palepu and Healy, Paul M. "How Investors Interpret Changes In Corporate Financial Policy," Journal of Applied Corporate Finance, 1989, v2(3), 59-64.

Lang, L.H.P., R.M. Stulz and R.A. Walkling, 1989, "Managerial Performance, Tobin's Q and the Gains from Successful Tender Offers", Journal of Financial Economics, Vol 24, 137-154.

Lease, R.C., J.J. McConnell and W.H. Mikkelson, 1983, "The Market Value of Control in Publicly-Traded Corporations", Journal of Financial Economics, Vol 11, 439-471.

Leibowitz, Martin L. and Stanley Kogelman. "Franchise Value And The Growth Process," Financial Analyst Journal, 1992, v48(1), 53-62.

Lewellen, W.G., 1971, "A Pure Financial Rationale for the Conglomerate Merger," Journal of Finance, Vol 26, 521-537.

Lewent, Judy C. and A. John Kearney. "Identifying, Measuring, And Hedging Currency Risk At Merck," Journal of Applied Corporate Finance, 1990, v2(4), 19-28.

Linn, S. and J.J. McConnell, 1983, "An Empirical Investigation of the Impact of Anti-Takeover Amendments on Common Stock Prices," Journal of Financial Economics, Vol 11, 361-399.

Linn, Scott C. and Michael S. Rozeff. "The Effect Of Voluntary Spin-Offs On Stock Prices: The Anergy Hypothesis," Advances in Financial Planning and Forecasting, 1985, v1(1), 265-292.

Lintner, J. "Distribution Of Incomes Of Corporations Among Dividends, Retained Earnings, And Taxes," American Economic Review, 1956, v46(2), 97-113.

Litzenberger, R.H. and K. Ramaswamy, 1979, "The Effect of Personal Taxes and Dividends on Capital Asset Prices: Theory and Empirical Evidence," Journal of Financial Economics, Vol 7, 163-196.

Long, John B., Jr. "The Market Valuation Of Cash Dividends: A Case To Consider," Journal of Financial Economics, 1978, v6(2/3), 235-264.

Mansfield, Rapoport, Schnee, Wagner and Hamburger

Markowitz, Harry M. "Foundations Of Portfolio Theory," Journal of Finance, 1991, v46(2), 469-478.

Mathur, Ike and David Loy. "Foreign Currency Translation: Survey Of Corporate Treasurers," Management Accounting, 1981, v63(3), 33-42.

Mayers, David and Clifford W. Smith, Jr. "On The Corporate Demand For Insurance," Journal of Business, 1982, v55(2), 281-296.

McConnell, J.J. and C.J. Muscarella, 1985, "Corporate Capital Expenditure Decisions and the Market Value of the Firm," Journal of Financial Economics, Vol 14, 399-422.

Merton, R. C. "The Theory Of Rational Option Pricing," Bell Journal of Economics, 1973, v4(1), 141-183.

Michel, A. and I. Shaked, 1984, "Does Business Diversification affect Performance?," Financial Management, Vvol 13, 5-14.

Mikkelson, Wayne H. "Convertible Calls And Security Returns," Journal of Financial Economics, 1981, v9(3), 237-264.

Miles, J.A. and J.D. Rosenfeld, 1983, "The Effect of Voluntary Spin-off Announcements on Shareholder Wealth," Journal of Finance, Vol 38, 1597-1606.

Miller, M. and F. Modigliani, 1961, "Dividend Policy, Growth and the Valuation of Shares", Journal of Business, 411-433.

Miller, M., 1977, "Debt and Taxes", Journal of Finance, Vol 32, 261-275.

Miller, Merton H. and Daniel Orr. "A Model Of The Demand For Money By Firms," Quarterly Journal of Economics, 1966, v80(3), 413-435.

Miller, Merton H. and Myron S. Scholes. "Dividends And Taxes," Journal of Financial Economics, 1978, v6(4), 333-364.

Miller, Merton H. and Myron S. Scholes. "Dividends And Taxes: Some Empirical Evidence," Journal of Political Economy, 1982, v90(6), 1118-1141.

Mitchell, M.L. and K. Lehn, 1990, "Do Bad Bidders make Good Targets?," Journal of Applied Corporate Finance, Vol 3, 60-69.

Modigliani, F. and M. Miller, 1958, "The Cost of Capital, Corporation Finance and the Theory of Investment," American Economic Review, 261-297.

Muscarella, Chris J. and Michael R. Vetsuypens, 1989, " A Simple Test of Baron’s Model of IPO Underpricing", Journal of Financial Economics, Vol 24, 125-136.

Myers, S.C. and N.S. Majluf, 1984, "Corporate Financing and Investment Decisions when Firms have Information that Investors do not have," Journal of Financial Economics, Vol 13, 187-221.

Myers, Stewart C. "Determinants Of Corporate Borrowing," Journal of Financial Economics, 1977, v5(2), 147-175.

Palepu, Krishna G. "Predicting Takeover Targets: A Methodological And Empirical Analysis," Journal of Accounting and Economics, 1986, v8(1), 3-35.

Partch, M. Megan. "The Creation Of A Class Of Limited Voting Common Stock And Shareholder Wealth," Journal of Financial Economics, 1987, v18(2), 313-340.

Penman, Stephen H. "The Distribution Of Earnings News Over Time And Seasonalities In Aggregate Stock Returns," Journal of Financial Economics, 1987, v18(2), 199-228.

Pinegar, J. Michael and Lisa Wilbricht. "What Managers Think Of Capital Structure Theory: A Survey," Financial Management, 1989, v18(4), 82-91.

Porter, M.E., 1980, "Competitive Strategy: Techniques for analyzing Industries and Competitors", Free Press, New York.

Praetz, Peter D. "The Distribution Of Share Price Changes," Journal of Business, 1972, v45(1), 49-55.

Rajan, Raghuram G. and Luigi Zingales. "What Do We Know About Capital Structure? Some Evidence From International Data," Journal of Finance, 1995, v50(5), 1421-1460.

Rawls, S. Waite, III and Charles W. Smithson. "The Evolution Of Risk Management Products," Journal of Applied Corporate Finance, 1989, v1(4), 18-26.

Roll, R., "The Hubris Hypothesis of Corporate Takeovers", Journal of Business, 1986.

Roll, R., 1977, "A Critique of the Asset Pricing Theory's Tests: Part I: On Past and Potential Testability of Theory," Journal of Financial Economics, Vol 4, 129-176.

Rosenberg, B. and V. Marathe, 1979, "Tests of Capital Asset Pricing Hypotheses", Research in Finance, Vol 1, 115-124.

Rosenberg, Barr and James Guy. "Beta And Investment Fundamentals - II," Financial Analyst Journal, 1976, v32(4), 62-70.

Rosenberg, Barr and James Guy. "Beta And Investment Fundamentals," Financial Analyst Journal, 1976, v32(3), 60-72.

Rosenberg, Barr and James Guy. "Prediction Of Beta From Investment Fundamentals," Financial Analyst Journal, 1995, v51(1), 101-112.

Ross, Marc. "Capital Budgeting Practices Of Twelve Large Manufacturers," Financial Management, 1986, v15(4), 15-22.

Ross, Stephen A. "The Arbitrage Theory Of Capital Asset Pricing," Journal of Economic Theory, 1976, v13(3), 341-360.

Schipper, K. and A. Smith, 1983, "Effects of Recontracting on Shareholder Wealth: The Case of Voluntary Spin-Offs", Journal of Financial Economics, Vol 12, 437-468.

Schipper, K. and A. Smith, 1986, "A Comparison of Equity Carve-Outs and Seasoned Equity Offerings: Share Price Effects and Corporate Restructuring," Journal of Financial Economics, Vol 15, 153-186.

Scott, David F., Jr. and John D. Martin. "Industry Influence On Financial Structure," Financial Management, 1975, v4(1), 67-73.

Shapiro, A., 1985, "Corporate Strategy and the Capital Budgeting Decision," Midland Corporate Finance Journal, 22-36.

Shapiro, A., Modern Corporate Finance, Macmillan, New York, 1989.

Shapiro, A., Multinational Financial Management, Allyn & Bacon, 1989.

Siegel, D., J. Smith and J. Paddock, 1993, "Valuing Offshore Oil Properties with Option Pricing Models," in The New Corporate Finance, ed. D.H. Chew, Jr., McGraw Hill.

Silber, W.L., 1991, "Discounts on Restricted Stock: The Impact of Illiquidity on Stock Prices," Financial Analysts Journal, 60-64.

Smith, C.W., 1993, "Raising Capital: Theory and Evidence," in The New Corporate Finance, ed. D.H. Chew, Jr., McGraw Hill.

Stapleton, R.C., 1985, "A Note on Default Risk, Leverage and the MM Theorem", Journal of Financial Economics, Vol 2, 377-381.

Statman, Meir and Tyzoon T. Tyebjee. "Optimistic Capital Budgeting Forecasts: An Experiment," Financial Management, 1985, v14(3), 27-33.

Stewart, B., "The Quest for Value", 1991, Harper Business, New York.

Titman, S., 1984, "The Effect of Capital Structure on a Firm’s Liquidation Decision", Journal of Financial Economics 13, 137-183.

Tull, Donald S. "The Relationship Of Actual And Predicted Sales And Profits In New-Product Introductions," Journal of Business, 1967, v40(3), 233-253.

Varadarajan, P.R., and V. Ramanujam, 1987, "Diversification and Performance: A Reexamination using a new two-dimensional conceptualization of diversity in firms," Academy of Management Journal, Vol 30, 369-380.

Vermaelen, Theo. "Common Stock Repurchases And Market Signalling: An Empirical Study," Journal of Financial Economics, 1981, v9(2), 138-183.

Warner, Jerold B. "Bankruptcy Costs: Some Evidence," Journal of Finance, 1977, v32(2), 337-347.

Womack, K., 1996, "Do Brokerage Analysts’ Recommendations have Investment Value?", Journal of Finance, v51,

Woodruff, Catherine S. and A. J. Senchack, Jr. "Intradaily Price-Volume Adjustments Of NYSE Stocks To Unexpected Earnings," Journal of Finance, 1988, v43(2), 467-491.

Woolridge, R., 1993, "Competitive Decline and Corporate Restructuring," in The New Corporate Finance, ed. D.H. Chew, Jr..