The objective of this paper is both descriptive and normative. First, the bond refunding
operation will be described. Second, some empirical evidence of methods used in measuring …

This paper presents the results of a survey on the use of quantitative analysis by decision
makers. The sample was drawn from member firms of the Financial Management Association. …

This paper shows the risk-return relationships for stock portfolios during bull and bear markets
using alternative market proxies. The findings support the concept of beta stationarity and …

In this paper we examine the relationship between ownership differences and small firms'
financial policies using a survey of US companies. The study finds that financial policies differ …

This study provides extensive empirical analysis of the risk-return behavior of preferred dividend
rollovers: the frequent buying and selling of preferred stocks (over short holding periods…

THE DECISION as to how much earnings will have to be foregone in order to be sufficiently
liquid to meet prospective needs is one of the most important decisions which the financial …

This paper examines the structure of debt covenants in small firms, with emphasis on
privately owned firms. It is based on a survey of a large sample of firms drawn from the S&P …

Investors in private corporations face unique problems relating to corporate control, illiquidity
and valuation of securities. In this research, we survey a large sample of US corporations. …

… Bowlin, Oswald Doniece … Bowlin, John D. Martin, David F. Scott, Jr …

This paper is concerned with the usefulness of extrapolations in short-term forecasts of long-term
interest rates. Four extrapolative models were tested for accuracy in forecasting …