This paper analyzes the process of private negotiations between financial institutions and
the companies they attempt to influence. It relies on a private database consisting of the …

… McGee is associate professor of applied statistics and Willard T. Carleton is professor of …
By a cluster of size p we shall mean a set of q t-index-adjacent points. 2. Potential cluster. …

The purpose of this study is to extend the analysis of estimation of the term structure. The
ability of the exponential/polynomial present-value function of equation (5) to approximate the …

In empirical studies of differences between firms which are acquired and those which are not,
researchers typically divide firms into two groups‐acquired and nonacquired. In this paper, …

The financial contracting in private placement bonds and publicly offered bonds are different.
Our data show that private placement bonds are more likely to have restrictive covenants …

EMPIRICAL STUDIES employing the term structure of interest rates have generally suffered
from the defect that yield curves have been used as surrogate measures of the term structure…

Merger activity in the United States has captured the eye of public policy makers, corporate
managers and financial investors. While public policy makers debate the likely effects of …

MANY STUDIES in recent years have noted that-contrary to intuition and received theory-financial
leverage (measured as the book value of debt/capital or debt/equity) and mean rates …

SINCE WORLD WAR II, state and local governmel; ltal units have greatly increased their
outstanding bonded indebtedness in order to meet their commitments for schools, highways, …

Dissatisfaction occasionally has been expressed with traditional measures of duration for
immunization on conceptual grounds. However, more elegant duration measures have not …