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020 _a9781848554474 (electronic bk.) :
_c£69.95 ; €105.95 ; $134.95
040 _aUtOrBLW
_cUtOrBLW
050 4 _aHG152
_b.R47 2009
072 7 _aKFFK
_2bicssc
072 7 _aFIN
_2bicssc
072 7 _aBUS027000
_2bisacsh
080 _a336
082 0 4 _a332.04
_222
245 0 0 _aResearch in finance.
_nVol. 25
_h[electronic resource] /
_cedited by Andrew H. Chen.
260 _aBingley, U.K. :
_bEmerald,
_c2009.
300 _a1 online resource (x, 369 p.).
490 0 _aResearch in finance,
_x0196-3821
505 0 _aIntroduction / Andrew H. Chen -- Financial safety nets : why do they keep expanding? / Edward J. Kane -- A positive analysis of bank failure resolution policies / Kamphol Panyagometh, Gordon S. Roberts -- Bank failure resolution policies and subordinated debt / Kamphol Panyagometh, Gordon S. Roberts -- Voluntary disclosure of real options : when and how it can be done / Andrew H. Chen, James A. Conover, John W. Kensinger -- Non-linear modelling of the relationship between price movements in the OECD housing markets and significant economic activities / T.J. O'Neill, J. Penm, R.D. Terrell -- Stock or options? An economical justification for using stocks as a compensation tool / Melanie Cao, Jason Wei -- The NUA benefit and optimal investment in company stock in 401(k) accounts / Mukesh Bajaj, Sumon Mazumdar, Vikram Nanda, Rahul Surana -- Identifying securities to buy : the heuristic ri / Manuel Tarrazo -- Arbitrage opportunities and efficiency of an option market at its initial stage : the case of KOSPI 200 options in Korea / Soku Byoun, Hun Young Park -- Hedging pressure and delivery risk explanations of futures risk premia / Charnwut Roongsangmanoon, Andrew H. Chen, Joseph Kang, Donald Lien -- Timing the value-at-risk hedge / Donald Lien -- The pricing of Asian options with default risk / Chueh-Yung Tsao, Chao-Ching Liu.
520 _aThis volume contains contributions on a range of important issues in current research in finance and economics. Topics include the design of a country's financial safety nets, the effective policies of acquiring failed banks in reducing moral hazard problems, the voluntary disclosure of real options by corporate managers, and the interrelationship between the housing and general economic activities. Some important topics such as the choice between stock and options as compensation vehicles in the presence of bankruptcy risk, the NUA tax benefits in asset allocation in the retirement accounts, the heuristic approach of using ri/stdi to select securities in forming efficient portfolio, and the arbitrage opportunity in index options at the initial stage are also included in this volume. Finally, the contributions to this volume also address some problems that include the explanations of risk premiums on futures contracts, the optimal hedging decision in futures markets, and the pricing of Asian options subject to credit risk.
588 0 _aPrint version record
650 0 _aFinance
_xResearch.
650 0 _aBanks and banking.
700 1 _aChen, Andrew H.
776 1 _z9781848554467
856 4 0 _uhttps://www.emerald.com/insight/publication/doi/10.1108/S0196-3821(2009)25
913 _1BMEbacklist
999 _c31454
_d31454