Publications

Publications

"Advertising Agency Terminations and Reviews: Stock Returns and Firm Performance," Journal of Business Research (forthcoming).
"Day of the Week Effects, Information Seasonality, and Higher Moments of Security Returns," (with Raj Aggarwal), Journal of Economics and Business, (February 1997) pp. 1-20.
"Ex-Dividend Days and Daily Stock Returns," (with E.A. Dyl and S. Basu), in: Dilip K. Ghosh, ed., New Advances in Financial Economics, (1995) Pergamon Press, London,UK, pp 17-22.
"Signalling under Intertemporal Resolution of Uncertainty: Distinguishing Debt with Warrants from Similar Offerings," (with E.H. Robbins), Review of Quantitative Finance and Accounting (1994) pp.155-178.
"Extreme Negative Information and the Market Adjustment Process: The Case of Corporate Bankruptcy," (with R. Reiber), Quarterly Journal of Business and Economics, (Spring 1992) pp. 3-21.
"The Weekend Effect and Corporate Dividend Announcements," (with P. Datta), Journal of Financial Research, (Spring 1992) pp.69-76.
"Estimating Systematic Risk with Daily Security Returns: A Note on the Relative Efficiency of Selected Estimators," (with C. Corrado), Financial Review, (November 1991) pp. 587-599.
"A Nonparametric Distribution-Free Test for Serial Independence in Stock Returns: A Correction," (with C. Corrado), Journal of Financial and Quantitative Analysis, (September 1990) pp. 411-415.
"The Super Bowl Phenomenon," (with E. Dyl), American Association of Individual Investors Journal, (January 1990) pp. 7-9.
"Did Joe Montana Save the Stock Market," (with E. Dyl), Financial Analysts Journal, (September/October 1989) pp. 4-5.
"Causes and Consequences of Voluntary Corporate Liquidations," (with E. Han Kim), Midland Corporate Finance Journal (Winter 1988) pp. 30-35.
"`Callable Bonds: A Risk-Reducing Mechanism': A Reply," (with E.H. Robbins), Journal of Finance (September 1988) pp. 1067-1073.
"Voluntary Corporate Liquidations," (with E. Han Kim), Journal of Financial Economics (December 1987) pp. 311-328. An earlier version has appeared in the CRSP Proceedings (November 1986) pp. 255-282.
"Callable Bonds: A Risk-Reducing Signalling Mechanism," (with E.H. Robbins), Journal of Finance (September 1986) pp. 935-949.

Papers Presented at Professional Meetings

"Financial Ratios and Capital Structure Choice" (with D. Weeks), Proceedings of the American Academy of Finance and Accounting, New Orleans, December 1996, 333.
"Paths to Softlifting Intention," (with L.R. Schatzberg and R. Reid). Proceedings of the Second Americas Conference on Information Systems, Phoenix, October 1996, 87-89.
"Day of the Week Effects, Information Seasonality, and Higher moments of Security Returns," (with R. Aggarwal), 1993 EFA

"Is there Life After Tenure?" (with E. Dyl and J. Heck), 1990 EFA.

"On the Information Economics of Call Provisions among Debt Covenants: Empirical Evidence," (with E.H. Robbins), 1989 FMA.

"Estimating Systematic Risk with Daily Security Returns: A Relative Efficiency Comparison of Four Robust Estimators," (with C. Corrado), 1987 FMA.

"Voluntary Corporate Liquidations," (with E. Han Kim), November 1986 CRSP Conference.

"Quarterly Earnings Announcements and Institutional Ownership," (with D.S. Dhaliwal and E.H. Sorensen), 1985 FMA.

"Voluntary Liquidations and Stockholders Returns," 1983 WFA.

Work-in-Process

"Evaluating a New Model of Softlifting," (with L. Schatzberg and D. Reid).

"Financial Ratios and Capital Structure Choice" (with D. Weeks)

"Reducing Risk with Callable Bonds, " (with Ed Robbins).