This paper takes a sample of Australian listed equities of companies which changed their name in the period 1/1/1990 to 31/12/1994. This sample known as the tota sample group. Two other samples were also formed based on whether the name change was major or minor, and whether at the time or...

We have argued that convertible debt can be better than a simple mixture of debt and equity in stage financing situations. When the venture capitalist retains the option to abandon the project if in the medium term he receives a negative signal, the entrepreneur has an incentive to engage in...

Over the past 25 years a number of accounting and finance studies have examined the usefulness of accounting data in predicting financial distress. This study adapts the approach of these studies to the task of prediction of chief executive officer (CEO) turnover in large U.S. firms. The results...