ALTHOUGH THE VALUATION consequences of tender offer have received some attention,
this method of altering corporate control needs additional investigation and clarification.'The …

Cash tender offers remain an important device for the acquisition of corporate control. This
paper attempts to answer the following question: How can a firm initiating a cash tender offer …

The federal funds rate arguably is the most important interest rate in the US capital market
because it plays a central role in monetary policy and the term structure. This paper examines …

This paper considers a change in US dividend taxation for qualified public utility stocks from
1982 through 1985. The change affects some of the highest dividend-yielding US stocks …

Convertible bonds represent an important financing source for corporations. Yet on a month-to-month
basis there has been a great fluctuation in the number of convertible bond offerings…

This paper considers an indexed call provision as an alternative to the standard fixed-price
call provision contained in most corporate debt. It is shown that the indexed call provision can …

In order for a game or simulation to be a valid teaching device, it is important that the measure
of performance is not significantly affected by the personality characteristics or attributes …

Presentations at FMA meetings have grown from 46 in 1971 to 263 at the 1980 meetings.
This paper presents some evidence on how meeting participation reflects whether or not the …

situations. This study was designed to address two questions. First, does the use of simula-tion
games in our financial management courses increase student motivation and interest in …

The behavior of corporations paying cash dividends to their shareholders is a subject of
considerable interest to financial economists. Graham and Dodd (1951) observed an apparent …