An interesting issue little explored in the celebrity endorsement literature is whether or not
the activities of a celebrity endorser affect company performance. We examine the impact of …

In pioneering studies, Beaver (1966) and Altman (1968) utilized financial ratios to predict
impending corporate bankruptcy. Following this general methodology a number of other studies…

This paper examines the relationship between deposit insurance and risk-taking behavior
within the credit union industry. Time series tests employing industry average financial ratios …

The ‘market discipline’ of off-balance sheet banking activities (OBSAs) is examined by
employing contingent claims valuation techniques to derive implied asset variances from bank …

In this paper, we study the pricing deviations of the three most liquid Exchange Traded Funds
from the price of the underlying index. We examine Spider, Diamonds, and Cubes and find …

Purpose – Existing empirical evidence indicates internet banks worldwide have underperformed
newly chartered traditional banks mainly because of their higher overhead costs. The …

This paper examines whether the credit union income tax subsidy is passed along to members
or consumed by managers. To that end, we estimate a translog cost function for credit …

… We briefly outline a portfolio choice model developed by Karels (1979). Assume each firm
has the same utility function describing its preferences terms of the total expected return and …

and implications We have analyzed long-run behavior in rent-seeking under several
conditions and behavioral hypotheses. The question of interest is whether or not the long-run …

This paper empirically examines differences in credit union risk profiles based on membership
type and membership expansion via select employee groups (SEGs). We find that (1) …