This paper examines the effects of bank corporate governance on real estate lending and loan losses during the financial crisis. The results indicate that banks with stronger corporate governance mechanisms had higher profitability during the period 2006–2009. Our findings on the effects of...

A rich literature examines the effects of analysts' recommendations on stock prices, and literature is developing on the effect of Regulation Fair Disclosure on the information associated with corporate earnings forecasts and announcements. This study examines the effect of Reg FD on the...

The purpose of the study we report was to determine the information content of the recommendations made by panelists during 1997 on quot;Wall Street Week with Louis Rukeyser.quot; Using event-study methodology for the short term, we found a statistically significant positive abnormal return of...

In this study, an interesting aspect of the secondary market's pricing of the riskiness of insured municipal bonds is examined. Do secondary market investors still consider the underlying intrinsic credit quality of the issuer in pricing insured bonds? Is the pricing of this 'issuer effect'...

This paper examines the effects of bank corporate governance on real estate lending and loan losses during the recent financial crisis. The results indicate that banks with stronger corporate governance mechanisms had higher profitability during the period 2006-2009. Our findings on the effects...