Using a sample of 104 announcements of a high-level executive (Chairman, Vice-Chairman, CEO or President) joining the board of another company from 1985 through 1997, we find a negative announcement date stock response of about one-half of one percent for the firm for which the executive works....

Financial analysts need accurate estimates of debt, equity, leverage, and EPS. The method proposed here, based on the probability of conversion, yields new estimates of the debt and equity in a convertible bond issue. When this method is used, the value of the equity component in a hypothetical...

Intro -- Contents -- Series Editor's Foreword -- Preface -- INTRODUCTION: In Backcountry Time -- ONE: The Business of Revolutions: John Hook and the Atlantic World -- TWO: Getting the Goods: Local Acquisition in a Tobacco Economy -- THREE: Accounting for Life: Objects, Names, and Numbers --...