This study examines whether the financial markets penalize public corporations for
unethical business practices. Using event study methodology, it is found that upon the …

An analysis of the effect changes in investment horizon have on optimal portfolio composition
finds that composition changes drastically and systematically with changes in holding …

mef2 genes encode alternatively spliced transcription factor isoforms that function in muscle
differentiation in both Drosophila and vertebrates. Drosophila mef2 (Dmef2) has been …

Presents an investigative study on the effect of the holding period on the optimum mean-variance
investment proportions in senior securities and equities. Standard deviation for various …

Event study is employed by measuring the abnormal return around the event date. If risk
changes this methodology is questionable. We suggest the concept of abnormal expect …

This study explores the empirical puzzle currently existing regarding the observed positive
stock price reaction associated with self-tender offer announcements. The puzzle stems from …

… More recently, Professors Haim Levy and Deborah Gunthorpe… Interestingly, Professors Levy
and Gunthorpe find that when … found by Professors Levy and Gunthorpe are shown in Table …

Modern portfolio theory dictates diversification among assets that are not perfectly correlated
(that is, asset diversification). Professional investors, on the other hand, contend that one …

Ownership and control of most large firms are generally separate functions with many
directors or managers (acting as agents) making the financial decisions for the owners (the …

Many firms in the US reduce their size by paying stockholders extra cash dividends, or what
is more common, by repurchasing stock. Empirical evidence shows that the market's …