Purpose: The purpose of this research is to examine the growth rates of commercial banks and credit unions around the financial crisis and recovery. Credit unions are analyzed as a group and by field of membership. Specifically, this research analyzes the growth rates of assets, deposits, and...

This study considers whether auctioned properties sell for different prices than they would bring through private negotiation. After reviewing the procedural aspects of HUD auctions, we compare the observed prices of properties sold at one such auction with predicted market values based on...

A dual-class share structure allows managers or original owners to retain control of a Þrm, while providing public equity Þnancing. In the U.S., a Þrm generally issues superior-voting shares to managers or original owners, and inferior-voting shares to the public. As a result of the...

A dual‐class share structure allows managers or original owners to retain control of a firm, while providing public equity financing. In the U.S., a firm generally issues superior‐voting shares to managers or original owners, and inferior‐voting shares to the public. As a result of the...