Close to 50 prominent business schools have been named in the 1980s and 1990s, in exchange for sizable financial donations. We view the business school naming market as an interesting example of the type of exhaustible resource market examined in Hotelling (1931). When considering an offer,...

Close to 50 prominent business schools have been "named" in the 1980s and 1990s, in exchange for sizable financial donations. Recognizing that schools are limited in number and have one name to sell, we suggest that the market for business school names can be regarded as an interesting example...

We develop and test hypotheses on the impact of target shareholders investment style preferences on the method of payment and premiums in acquisitions. Stock offers (unlike cash offers) allow target shareholders to defer capital gains taxes. This deferral value, however, depends on target...