内容

目次

Volume 1: Part 1 Methodology: the adjustment of stock prices to newinformation, Eugene F. Fama et al; measuring security price performance,Stephen J. Brown and Jerold B. Warner; conditional methods in event studiesand an equilibrium justification for standard event-study procedures, N.R.Prabhala; improved methods for tests of long-run abnormal stock returns, JohnD. Lyon et al. Part 2 Venture capital and initial public offerings: venturecapital and the structure of capital markets - banks versus stock markets,Bernard S. Black and Ronald J. Gilson; the structure and governance ofventure-capital organizations, William A. Sahlman; venture capitalists andthe decision to go public, Joshua Lerner; the pricing of initial publicofferings - tests of adverse-selection and signalling theories, Roni Michaelyand Wayne H. Shaw; a direct test of Rock's model of the pricing of unseasonedissues, Francis Koh and Terry Walter. Part 3 Dividend policy and equitymanagement - secondary offerings, splits and share repurchases: pricereactions to dividend initiations and omissions - overreaction or drift?,Roni Michaely et al; signalling, investment opportunities and dividendannouncements, Pyung Sig Yoon and Laura T. Starks; repurchase tender offers,signalling and managerial incentives, Theo Vermaelen; market underreaction toopen market share repurchases, David Ikenberry et al; Dutch auctionrepurchases - an analysis of shareholder heterogeneity, Laurie Simon Bagwell;stock prices and the supply of information, Michael J. Brennan and PatriciaJ. Hughes. Volume 2: Part 1 Corporate investment policy: corporate capitalexpenditure decisions and the market value of the firm, John J. McConnell andChris J. Muscarella; the valuation of cash flow forecasts - an empiricalanalysis, Steven N. Kaplan and Richard S. Ruback; industry costs of equity,Eugene F. Fama and Kenneth R. French; investor valuation of the abandonmentoption, Philip G. Berger et al; cash flow and investment evidence frominternal capital markets, Owen Lamont; what do firms do with cash windfalls?,Olivier Jean Blanchard et al. Part 2 Organizational structure and control:alternative mechanisms for corporate control, Randall Morck et al; whatdetermines the value of corporate votes?, Luigi Zingales; the decline oftakeovers and disciplinary managerial turnover, Wayne H. Mikkelson and M.Megan Partch; block share purchases and corporate performance, Jennifer E.Bethel et al; organizational form and risk taking in the savings and loanindustry, Benjamin C. Esty; the choice of organizational form -the case offranchising, James A. Brickley and Frederick H. Dark. Part 3 Agency,incentives and ownership: compensation, turnover and top managementincentives - historical evidence, Charles J. Hadlock and Gerald B. Lumer; areCEOs really paid like bureaucrats?, Brian J. Hall and Jeffrey B. Liebman; theother side of the trade-off - the impact of risk on executive compensation,Aggarwal and Samwick.