Research in finance. Vol. 20

Eleven papers in this volume present some current interesting and important research in finance. Based upon the CAPM, Chen and Kane show that double taxation and differential tax rates on a personal and capital-gains income, affect corporate stock values and financial policies in nonneutral ways. Se...

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Bibliographic Details
Other Authors Chen, Andrew H.
Format Electronic eBook
LanguageEnglish
Published Bingley, U.K. : Emerald, 2003.
SeriesResearch in finance,
Subjects
Online AccessFull text
ISBN9781849502511
ISSN0196-3821
DOI10.1016/S0196-3821(2003)20
Physical Description1 online resource (viii, 247 p.).

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Table of Contents:
  • Introduction / Andrew H. Chen
  • Impact of differential and double taxation on corporate financial policies in an inflationary world / Andrew H. Chen, Edward J. Kane
  • Price ceiling regulation of a tax evading monopolist / Partha Sengupta
  • Depositor preference legislation and failed banks resolution costs / William P. Osterberg, James B. Thomson
  • Secondary mortgage markets, GSEs, and the changing cyclicality of mortgage flows / Joe Peek, James A. Wilcox
  • Increasing market discipline on banks : subordinated debt and bank loan sales / Andrew H. Chen, Kenneth J. Robinson, Thomas F. Siems
  • Using zero-non-zero patterned vector autoregressive modelling to test for causality between money supply, GDP growth, the London stock market index and the Euro exchange rate / Edward J.Y. Lin, J.H.W. Penm, R.D. Terrell, Soushan Wu
  • Fragile fixed exchange rates with banking safety net guarantees / Stephen A. Kane, Mark L. Muzere
  • Long memory in currency futures volatility / Ching-Fan Chung, Mao-Wei Hung, Yu-Hong Liu
  • Valuation of pension benefit guarantees and termination conditions / Jin-Ping Lee, Shih-Cheng Lee, Min-Teh Yu
  • Announcement effects of specially designated dividends / Ken Hung, Chang-Wen Duan, Gladson I. Nwanna
  • The optimization of efficient portfolios : the case for an r&d quadratic term / John B. Guerard, Andrew Mark.