The adjustment of stock prices to announcements of unanticipated changes in quarterly earnings
OM Joy, RH Litzenberger, RW McEnally - Journal of Accounting Research, 1977 - JSTOR
… JOY, RH LITZENBERGER, AND RW McENALLY interest. First, it involves a comparison that
closely resembles the actual presentation of quarterly earnings announcements published …
closely resembles the actual presentation of quarterly earnings announcements published …
Immunizing default-free bond portfolios with a duration vector
…, WT Carleton, RW McEnally - Journal of financial and …, 1988 - cambridge.org
Dissatisfaction occasionally has been expressed with traditional measures of duration for
immunization on conceptual grounds. However, more elegant duration measures have not …
immunization on conceptual grounds. However, more elegant duration measures have not …
Factors affecting seasoned corporate bond prices
CM Boardman, RW McEnally - Journal of Financial and Quantitative …, 1981 - cambridge.org
Factors Affecting Seasoned Corporate Bond Prices Page 1 JOURNAL OF FINANCIAL AND
QUANTITATIVE ANALYSIS Volume XVI, No. 2, June 1981 FACTORS AFFECTING SEASONED …
QUANTITATIVE ANALYSIS Volume XVI, No. 2, June 1981 FACTORS AFFECTING SEASONED …
A note on the return behavior of high risk common stocks
RW McEnally - The Journal of Finance, 1974 - JSTOR
HIGH RISK COMMON STOCKS, it is frequently observed, do not appear to generate returns
commensurate with the level of associated risk. This conclusion has been reached in …
commensurate with the level of associated risk. This conclusion has been reached in …
Aspects of Corporate Bond Portfolio Diversification.
RW McEnally, CM Boardman - Journal of Financial …, 1979 - search.ebscohost.com
This article investigates various aspects of corporate bond portfolio diversification. The
investigations in the equity area have confined the attention to naive diversification, which is …
investigations in the equity area have confined the attention to naive diversification, which is …
Latané's bequest: the best of portfolio strategies
RW McEnally - Journal of Portfolio Management, 1986 - degruyter.com
The basic goal of many individual and institutional investors is to maximize the growth of
portfolio value over the long run. For such investors, portfolio models that stress expected return …
portfolio value over the long run. For such investors, portfolio models that stress expected return …
Competition and dispersion in rates of return: A note
RW McEnally - The Journal of Industrial Economics, 1976 - JSTOR
IN his landmark Capital and Rates of Return in Manufacturing Industries, Stigler observed'There
is no more important proposition in economic theory than that, under competition, the …
is no more important proposition in economic theory than that, under competition, the …
Hedging possibilities in the flotation of debt securities
RW McEnally, ML Rice - Financial Management, 1979 - JSTOR
When a firm decides to issue debt securities, typically there is a time lapse of 12 weeks or
more between the decision to issue and the date the securities come to market. This paper …
more between the decision to issue and the date the securities come to market. This paper …
Systematic risk behavior of financially distressed firms
RW McEnally, RB Todd - Quarterly Journal of Business and Economics, 1993 - JSTOR
The apparent decline in systematic or beta risk with the onset of financial distress is a result
that has puzzled a number of researchers. This study validates this result with different data …
that has puzzled a number of researchers. This study validates this result with different data …
Stock price changes induced by tax switching
RW McEnally - Review of Financial Economics, 1976 - search.proquest.com
48 REVIEW OF BUSINESS 8e ECONOMIC RESEARCH directly that recognition of a tax loss
is the motivation for a security sale. Therefore, a simple assumption is made initially: stocks …
is the motivation for a security sale. Therefore, a simple assumption is made initially: stocks …