This study assesses the stock price reaction to announcements of dividend increases by firms in the hospitality industry using a standard event study methodoloy. Results indicate that dividend increases are favorably received by market participants because a statistically significant positive...

The purpose of this study is to determine whether the expansion of the casino gaming industry has had an effect on the growth of individual companies within this segment of the hospitality industry. We examine ten individual state referendums and the Indian Gaming Regulatory Act of 1988. Six...

We examine the performance and investment behavior of female fixed-income mutual fund managers compared with male fixed-income mutual fund managers. We find that male- and female-managed funds do not differ significantly in terms of performance, risk, and other fund characteristics. Our results...

Sharpe (1988, 1992) introduces an objective style model based on asset classes (or factors). The impact of Sharpe's style analysis on practical applications has been extensive. The purpose of this paper is to educate readers in using Excel's Solver function to conduct Sharpe's style analysis. We...

We examine the performance and investment behavior of female fixed-income mutual fund managers compared with male fixed-income mutual fund managers. We find that male- and female-managed funds do not differ significantly in terms of performance, risk, and other fund characteristics. Our results...

An increasing number of investors are becoming more and more aware of the benefits of diversification in terms of expected returns and risks. These investors are looking to international investing as a method of reducing risk. Because of the perceived benefits, Closed‐end (Country) Funds are...