Managerial Finance: Volume 43 Issue 4

The disappearing abnormal returns to a fundamental signal strategy

John Dorey, Sangwan Kim, Yong-Chul Shin

The purpose of this paper is to examine whether abnormal returns to a fundamental signal (FS) strategy disappear after the publication of Abarbanell and Bushee (1998).

Bank lending and bank relationships in China: guanxi or commercial?

Wei Yin, Kent Matthews

China as a main emerging and transition economy has since 2006 opened up its banking market to foreign competition. Thus far, the penetration of foreign banks has been only…

The impact of the quality of VC financing and monitoring on the survival of IPO firms

Sophie Pommet

The purpose of this paper is to analyze the impact of venture capital (VC) involvement on the survival rate of French initial public offerings (IPOs) during the period 1996-2006…

The Sarbanes-Oxley Act and corporate acquisitions

Harjeet Singh Bhabra, Ashrafee Tanvir Hossain

The purpose of this paper is to analyze and compare the performance of corporate acquisitions between the pre- and post-SOX periods, using both short-term and long-term analyses.

Going European from American: does style matter?

Rajesh Pathak, Satish Kumar, Ranajee Ranajee

The purpose of this paper is to examine the cross-sectional predictive power and the information content of volatility smirks for future stock returns using single stock options.

Managerial ability, growth opportunities, and IPO performance

Justin S. Cox

The purpose of this paper is to explain whether the level of managerial quality and growth opportunities influences the operating and return performance between single and dual…