This volume contains contributions on a range of important issues in current financial research. Topics included are - the performance of fixed income mutual funds in different economic states, the determinants of long-term excess performance of the ADRs on the NYSE, the models for forecasting...

Introduction / Andrew H. Chen -- Corporate ownership is not always the best policy / John W. Kensinger, Stephen L. Poe -- The information content of corporate investment announcements : the case of joint ventures / Arthur J. Keown, Paul Laux, John D. Martin -- An expanded study on the stock...

Introduction / Andrew H. Chen -- Financial safety nets : why do they keep expanding? / Edward J. Kane -- A positive analysis of bank failure resolution policies / Kamphol Panyagometh, Gordon S. Roberts -- Bank failure resolution policies and subordinated debt / Kamphol Panyagometh, Gordon S....

Competition in IPO underwriting : time series evidence / Mukesh Bajaj, Andrew H. Chen, Sumon C. Mazumdar -- Can delegating bank regulation to market forces really work? / C.W. Sealey -- Internal model-based capital standard and the cost of deposit insurance / Jin-Ping Lee -- Lead lenders and...

For the last twenty years the Research in Finance book series has been publishing papers that cover issues of significance and interest in finance and economics. The topics found in the series span a wide range and have made substantial contributions to the literature with articles from key...

The theme of Research in Finance vol. 29 is "Dealing with Crisis and Regulation." The volume begins with a examination of the European financial crisis, and possible solutions. Next is a look (using advanced empirical methods) at audit qualifications for accounting firms in Spain. Then the...

Contributions to Research in Finance, volume 28, include finance theory and financial practice, plus accounting issues such as reporting derivatives positions, reflecting intangible holdings, or predicting financial distress