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008			110527s2011 enka o 000 0 eng d
020			_a9780857245427 (electronic bk.) : _c£72.95 ; €105.95 ; $134.95
040			_aUtOrBLW _cUtOrBLW
050		4	_aHG173 _b.R47 2011
072		7	_aKFF _2bicssc
072		7	_aKFFK _2bicssc
072		7	_aBUS027000 _2bisacsh
072		7	_aBUS004000 _2bisacsh
080			_a336
082	0	4	_a332 _222
245	0	0	_aResearch in finance. _nVolume 27 _h[electronic resource] / _cedited by John W. Kensinger.
260			_aBingley, U.K. : _bEmerald, _c2011.
300			_a1 online resource (xi, 310 p.) : _bill.
490	0		_aResearch in finance, _x0196-3821
505	0		_aIntroduction / John W. Kensinger -- Time-series analysis of going-private transactions / Jaehoon Kim -- On estimating the failure probability of hedge funds / Kajal Lahiri, Hany A. Shawky, Yongchen Zhao -- Private equity arrangements as real options / Andrew H. Chen, James A. Conover, John W. Kensinger -- The value effect of crude oil derivatives transactions by oil producers / Helen Xu, Eric C. Lin, John W. Kensinger -- IPO monitoring effectiveness of external investment banks and IPO insiders / Sean A.G. Gordon, James A. Conover -- A simple option-theoretic approach to the lease versus purchase decision / Wm. Steven Smith, Charles Harter -- Empirical performance of accounting measures of direct agency costs / Bassem M. Hijazi, James A. Conover -- Elasticity as a measure of project uncertainty / Steven A. Dennis, Wm. Steven Smith -- Correlation behavior of emerging markets / C. Sherman Cheung, Peter C. Miu.
520			_aThe theme of this volume is Recovering from Financial Crisis. The lead chapter sets the theme by giving insight into the recent surge in going-private transactions (and the corresponding reduction of Initial Public Offerings). The author develops evidence (reaching back 25 years) that going-private transactions tend to be inversely related with the return on diversified equity portfolios, suggesting that the recent upswing in going-private transactions in the United States is not simply the result of the Sarbanes Oxley Act of 2002. The second chapter offers insights into the recent round of hedge fund failures. Then, the third chapter offers new insights into some of the more controversial aspects of private equity arrangementswhen private equity arrangements are expressed as real options, the actions of the managing partners are more readily understandable. The fourth chapter offers insights into why commodity producers (such as oil companies) choose not to hedge, so that their stock can offer shareholders the opportunity to gain valuable diversification benefits using the stock as a pure play in the commodity. Remaining chapters offer further insights into recent trends in IPO activity, lease versus purchase decisions, agency costs, project risk, and emerging markets.
588	0		_aPrint version record
650		7	_aBusiness & Economics _xFinance. _2bisacsh
650		7	_aBusiness & Economics _xBanks & Banking. _2bisacsh
650		7	_aFinance. _2bicssc
650		7	_aBanking. _2bicssc
650		0	_aFinance.
700	1		_aKensinger, John W.
776	1		_z9780857245410
856	4	0	_uhttps://www.emerald.com/insight/publication/doi/10.1108/S0196-3821(2011)27
913			_1May2011
999			_c31234 _d31234