Articles

A Test of The Profitability of Risk Arbitrage, International Review of Financial Analysis (2006)

We explore the performance of risk arbitrage involving three types of merger offers: cash tender,...

 

The Risk Arbitrage Performance: Failed Acquisition Attempts, Quarterly Journal of Business and Economics (2006)

This paper explores the performance of risk arbitrage for failed acquisition attempts. We find that...

 

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Managing a Pension Plan Shutdown in Chapter 7, Journal of Corporate Renewal (2005)
 

Bankruptcy in Uzbekistan, Annual Survey of Bankruptcy Law (2005)
 

Explaining Price to Book, Business Quest (2005)
 

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How to Fix Social Security, Business Quest (2005)
 

Bankruptcy in Ukraine: A Back door to Privatization, Annual Survey of Bankruptcy Law (2004)
 

Bankruptcy Investing, Institutional Investor (2003)

The authors of the book Bankruptcy Investing: How to Profit from Distressed Companies (Beard Books,...

 

Bankruptcy in Korea, Annual Survey of Bankruptcy Law (2003)
 

Bankruptcy in Russia, Annual Survey of Bankruptcy Law (2003)
 

Predicting the Success of Takeovers ask Risk Arbitrage, Quarterly Journal of Business and Economics (2003)
 

Bankruptcy in China; Taiwan and Hong Kong, A Summary, Annual Survey of Bankruptcy Law (2002)
 

Merger Arbitrage: Evidence of Profitability, Journal of Alternative Investments (2001)

While merger arbitrage has proven itself to provide valuable return to risk properties, academics have...

 

The Monday Merger Effect, International Review of Financial Analysis (2001)

We explored relationships between daily market returns, Mondays, and the level of merger activity during...

 

Delayed Benefits Law Help Stabilize Fund, Daily Hampshire Gazette (2000)
 

On Being a Bankruptcy Trustee: Ben Branch Versus the United States, Financial Practice and Education (1998)
 

The Distressed Securities Market: The Performance of Vulture Investors, Journal of Alternative Investments (1998)
 

A Test of the Blume Stambaugh Bid Ask Effect Hypothesis, Quarterly Review of Business and of Economics (1998)
 

Maximizing Estate Value Through Economic Litigation Analysis, Annual Survey of Bankruptcy Law (1998)
 

First Republic and the FDIC: A Case Study, International Review of Financial Analysis (1997)
 

The First Republic Case: A Mosaic of Agreements, Annual Survey of Bankruptcy Law (1997)
 

Tactical Asset Allocation: Can it Work?, Journal of Financial Research (1994)
 

Low Priced Stocks and the January Effect, Quarterly Journal of Economics and Business (1990)
 

Scale Economies in Indirect Costs: The Evidence from a Cross-Sectional Analysis, Journal of Financial and Strategic Decisions (1988)
 

The Valuation of Stocastic Cash Flow, Quarterly Journal of Economics and Business (1988)
 

Allocating Capital More Effectively, Sloan Management Review (1987)
 

Market Movements and Technical Market Indicators, Mid Atlantic Journal of Economics and Business (1986)
 

Term Papers in Investments; Alternatives and Style, Journal of Financial Education (1985)
 

Contract Proliferation: A Study of the Silver Futures Market, Revista Internationale die Scienze Economiche e Commercial (1984)
 

Special Offerings: Is Insider Trading Involved?, The Financial Review (1984)
 

A Study of the Determinants of Risk and Return for Electric Utility Stocks, Quarterly Journal of Economics and Business (1984)
 

On the Instability of Alpha, Review of Business and Economic Research (1983)
 

The Silver Futures Market: Its Structure and Economic Analysis, Nebraska Journal of Economics and Business (1982)
 

Cash Flow Analysis: More Important Than Ever, Harvard Business Review (1981)
 

Business Week's Annual Earnings Forecasts, Journal of Accounting, Auditing and Finance (1981)
 

The Market Impact of Option Listing, The Financial Review (1981)
 

Capital Market Efficiency and Fixed Income Securities, Review of Business and Economics Research (1981)
 

Marketing Strategies: the Truth About High Share Business, Journal of Business Strategy (1980)
 

The Laws of the Marketplace and ROI Dynamics, Financial Management (1980)
 

A Study of the Economic Functions of the Potato Futures Market, Journal of Northeast Agricultural Economics (1980)
 

Gold as an Investment Medium and Inflation Hedge, Massachusetts Business and Economic Report (1980)
 

The Economic Outlook for Beer Wholesalers, Brewer's Digest (1980)
 

The Quality of Service and the Allowed Rate of Return, Journal of Economics and Business (1979)
 

A Multidimensional Model of Behavior for Growth and Profit Maximizing Firms, Review of Industrial Management and Textile Science (1979)
 

Doing Original Research with Students, Journal of Financial Education (1978)
 

The Impact of Operating Decisions and ROI Dynamics, Financial Management (1978)
 

Instructing Students in Taking and Preparing for Tests, Journal of Financial Education (1977)
 

A Tax Loss Trading Rule, Journal of Business (1977)
 

Bid Asked Spreads on the AMEX and the Big Board, Journal of Finance (1977)
 

Consumer Sovereignty and Mandatory Deposit Legislation, Massachusetts Business and Economic Report (1977)
 

The Capital Shortage, Dividend Reinvestment and Taxes, Revista Internationale di Scienze Economiche e Commercial (1977)
 

Term Papers in Investments, Journal of Financial Education (1976)
 

Are Brokers Ripe for Robinson Patman?, Wall Street Journal (1976)
 

The Predictive Power of Market Indicators, Journal of Financial and Quantitative Analysis (1976)
 

Returnables vs. Nonreturnables: A Re-evaluation, Atlanta Economic Review (1976)
 

The Use of a Stock Market Game in Teaching Investments, Journal of Financial Education (1975)
 

The Optimal Price to Trade, Journal of Financial and Quantitative Analysis (1975)
 

Pricing, Competition and Market Structure in the Radio Industry, Industrial Organization Review (1975)
 

Nonreturnables and the Environment, Atlanta Economic Review (1973)
 

Firm Objectives and Market Performance, Financial Management (1973)
 

Research and Development and Sales Growth, Journal of Economics and Business (1973)
 

The Economics of Reusable Bottles, Wall Street Journal (1972)
 

Should Brokers Pay Interest, Wall Street Journal (1971)
 

Contributions to Books

Why Banks Fail, The New Basel Capital Accord (2004)