Copyright (c) 2009 All rights reserved. http://works.bepress.com/ning_gong Recent documents in Ning Gong en-us Sun, 31 May 2009 09:46:28 PDT 3600 http://works.bepress.com/ning_gong/6 http://works.bepress.com/ning_gong/6 Fri, 26 Sep 2008 22:57:52 PDT A benefactor's leadership gift can be packaged as seed money or a matching grant. Small donors, charities and benefactors may disagree about this choice. Small donors' preferences will depend on their utility functions, the donor base and the size of the leadership gift. For any given leadership gift, a matching scheme will raise more money and hence is preferred by both charities and benefactors. If small donors decrease their giving at higher match ratios, benefactors may prefer smaller matching gifts to the larger gifts they would make if restricted to seed money. When this means that matching raises less in total, the charity and benefactor will disagree. Ning Gong http://works.bepress.com/ning_gong/5 http://works.bepress.com/ning_gong/5 Fri, 26 Sep 2008 22:52:01 PDT Ning Gong http://works.bepress.com/ning_gong/4 http://works.bepress.com/ning_gong/4 Fri, 26 Sep 2008 22:49:52 PDT Ning Gong http://works.bepress.com/ning_gong/3 http://works.bepress.com/ning_gong/3 Fri, 26 Sep 2008 22:48:38 PDT Ning Gong http://works.bepress.com/ning_gong/2 http://works.bepress.com/ning_gong/2 Fri, 26 Sep 2008 22:46:15 PDT Ning Gong http://works.bepress.com/ning_gong/1 http://works.bepress.com/ning_gong/1 Fri, 26 Sep 2008 22:43:10 PDT This paper documents how companies respond to the Australian Stock Exchange's inquiry about extreme price movement. The improvements in information disclosure and liquidity have been found. Investment professionals can also explore the associated momentum profits Ning Gong