In this paper we provide a brief description of the various ways in which the international business faculty can gain access to databases, reports and other resources on the internet. The objective of this paper is to ...

This paper looks at the different approaches and different models that have been developed to value interest rate-dependent securities, providing a survey of pricing procedures which are based on mathematical models of the ...

In this paper the gains and losses to shareholders of 71 foreign companies which made takeover bids for companies listed in the United Kingdom during the 1986–1991 period are analysed. The average abnormal return during ...

In recent years the importance of emerging stock exchanges has been demonstrated by the number of market studies. Although some of these stock exchanges such as those of Korea and Taiwan have been investigated extensively, ...

This paper challenges the conventional share price maximizing objective and the assumption that a successful company can expect to achieve share price growth above the normal drift caused by inflation and earnings retention. ...

The present article introduces the concept of generalized calls (options whose value at expiry can be any function of the difference between the price of the underlying security and the striking price) and presents some ...

This paper investigates the presence of various anomalies, or ‘calendar effects’, in the FT-SE 100, Mid 250 and 350 indices, and the accompanying industry baskets, for the period January 1986 to October 1992. Our results ...

This paper examines the day-of-the-week effect on skewness and kurtosis of stock returns of six international stock markets using a new approach. Empirical results show that a day-of-the-week effect exists on the skewness ...