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Liquidity: Urban versus rural firms

Article Abstract:

The liquidity of stocks in rural areas is compared with that of ten biggest United States cities. The influence of geographic location on liqiuidity for U.S rural- and urban- based companies is examined.

Author: Schultz, Paul, Loughran, Tim
Publisher: Elsevier B.V.
Publication Name: Journal of Financial Economics
Subject: Economics
ISSN: 0304-405X
Year: 2005
Liquidity (Finance)

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Issuer surplus and the partial adjustment of IPO prices to public information

Article Abstract:

The slight adjustment to IPO prices by issuers to get the maximum surplus and how the firms use the waiting period in the market to get the expected surplus is explained.

Author: Edelen, Roger M., Kadlec, Gregory B.
Publisher: Elsevier B.V.
Publication Name: Journal of Financial Economics
Subject: Economics
ISSN: 0304-405X
Year: 2005
Going public (Securities), Initial public offerings, Company public offering

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Financing decisions when managers are risk averse

Article Abstract:

The effect of stock volatility costs of debts on financing decisions of United States firms with risk-averse managers is analyzed.

Author: Lewellen, Katharina
Publisher: Elsevier B.V.
Publication Name: Journal of Financial Economics
Subject: Economics
ISSN: 0304-405X
Year: 2006
Commercial Banks, Commercial Banking, Business Financing, Analysis, Corporations, Debt financing (Corporations), Debt financing, Volatility (Finance)

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Subjects list: United States, Economic aspects, Forecasts and trends, Market trend/market analysis, Business enterprises, Prices and rates, Company pricing policy
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