Foreign operations are becoming increasingly important for US companies. We investigate whether the market's valuation of foreign earnings is a function of the firm's geographic segment disclosures. Specifically, we examine the effects of an increase in the number of geographic segments...

This paper examines issues pertinent to using number of transactions in event-type studies of market trading response. It presents rejection frequencies for portfolios of 20, 50, and 100 observations corresponding to different abnormal trading measures and test approaches. Findings include: (1)...

This paper extends W. J. Adams and J. L. Yellen's (1976) well-known mixed-bundling pricing model by examining the case of sellers pricing bundles of goods or services at a premium relative to the prices charged on bundle components; that is, sellers price discriminate by charging more, rather...