The Journal of Financial Research

Spring 1996 Abstracts

Page No.

An Analysis of the Decision to Opt Out of Pennsylvania Senate Bill 1310

Vahan Janjigian and Emery A. Trahan

1

Detecting Abnormal Returns Using the Market Model with Pre-tested Data

A. Steven Graham, Wendy L. Pirie and William A. Powell

21

Who Gains from Corporate Asset Sales?

Sudip Datta and Mai E. Iskandar-Datta

41

The Costs of Raising Capital

Inmoo Lee, Scott Lochhead, Jay Ritter and Quanshui Zhao

59

Trading Patterns of Small and Large Traders Around Stock Split Ex-dates

Lawrence Kryzanowski and Hao Zhang

75

Seasoned Equity Offerings for New Investment and the Information Content of Insider Trades

Dana J. Johnson, Jan M. Serrano and G. Rodney Thompson

91

An Empirical Investigation of Stock Dividends-in-Kind

L. Paige Fields and Michael S. Wilkins

105

Business Cycles and Stock Market Returns: Evidence Using Industry-based Portfolios

Venkat R. Eleswarapu and Ashish Tiwari

Adverse Contract Incentives and Investment Banker Reputation: Target Firm Tender Offer Fees

Robyn M. McLaughlin

135