There is a growing emphasis in management and economics research upon the importance of financial considerations in analysing the boundaries, governance and performance of corporations. To take one such example, corporate strategy literature identifies a number of links between capital structure...

This article extends Mayhew and Mihov (2004) and Mazouz (2004) by investigating if either the (time-varying) systematic or diversifiable risk of a NYSE-traded stock is impacted when its option is listed on the Chicago Board Option Exchange (CBOE). We employ a Kalman Filter to estimate...