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Discussion

Article Abstract:

A response to Naveen Khanna and Sheri Tice's 'The bright side of internal capital markets' is presented. Khanna and Tice's research elucidates diversified companies' allocation of capital in response to Wal-Mart Stores entering their market.

Author: Sapienza, Paola

Publisher: Blackwell Publishers Ltd.
Publication Name: Journal of Finance
Subject: Business
ISSN: 0022-1082
Year: 2001

Diversified Companies, All Other Specialty Food Stores, Discount Chains, Variety stores, Capital investments, Discount stores

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Discussion

Article Abstract:

A response to Geert Bekaert and Robert J. Hordrick's 'Expectations hypotheses tests' is presented. The author finds that there is not a major difference in results when one uses asymptotic rather than empirical samples.

Author: Richardson, Matthew

Publisher: Blackwell Publishers Ltd.
Publication Name: Journal of Finance
Subject: Business
ISSN: 0022-1082
Year: 2001

Administration of General Economic Programs, Functions related to deposit banking, Foreign Exchange Dealers, Commodity Contracts Dealing, Foreign Exchange & Reserves Policy, Interest rates, Foreign exchange market

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Subjects list: Research, United States, Finance, Economics, Investments

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