... Limited 2012 Earnings Assets Pricing Stock markets Earnings smoothing Earnings informativeness Seasonal equity offerings SEO underpricing This paper examines whether high quality firms with persistent earnings smoothing before a seasoned equity offering (SEO) can add value...

...K. Stephen Haggard; H. Douglas Witte Purpose The purpose of this paper is to suggest a superior method for assessing mean stationarity of asset pricing effects. Design/methodology/approach The authors suggest the use of an F‐test to examine mean stationarity of asset pricing effects...

... for the period of May 2003 to August 2007. We chose these 11 variables based on the previous evidence on the importance in the US stock market. Thomas Gosnell can be contacted at: gosnell@okstate.edu © Emerald Group Publishing Limited 2010 Financial markets Investments Securities markets Assets...

... into consideration, the process of gradual concentration carried on in the asset‐based lending sector. The size growth and the expansion of the range of services, as a result of keener competition as well as of lower unit margins, raised the degree of concentration in the various sectors of credit intermediation...

...Alireza Tourani‐Rad; Edward M. Miller; Larry J. Prather; M. Imtiaz Mazumder Purpose The purpose of this paper is to examine asset class cross‐autocorrelations at the macro‐level by exploring the return associations among mutual fund asset classes. The low transactions costs of trading mutual funds...

.... The methodology most often used is the value-at-risk (VaR), i.e. the largest likely loss from market risks (expressed in currency units) that an asset or portfolio will suffer over a time interval and with a degree of certainty selected by the decision-maker [Titus - Lewis, 1997; for an overview on VaR models...

... of cash, at a significant cost. For example, the S&P 500 Corporations held a total of $716 billion in cash and marketable securities on their balance sheets as of fiscal year 1994 (as reported in Opler and alii (1999 The cost of holding cash or highly liquid assets is high in many cases and can be well...

...Sorin A. Tuluca; Michael J. Seiler; F.C. Neil Myer; James R. Webb Refers to previous research on the relationship between returns for different asset classes and on cointegration; and applies Johansen’s (1988) methodology to develop a prediction model. Uses 1978‐1995 data on five US asset classes...