Table Of Content

INDEX TO VOLUME LVII ARTICLES A Rational Expectations Model of Fi- Competition, Market Structure, and nancial Contagion 3id-Ask Spreads in Stock Option Laura E. Kodres and Markets Stewart Mayhew Matthew Pritsker Continuous Trading or Call Auctions: A Review of IPO Activity, Pricing, and Revealed Preferences of Investors at Allocations Jay R. Ritter and the Tel Aviv Stock Exchange Ivo Welch Avner Kalay, Li Wei, and Test of the Errors-in-Expectations Avi Wohl Explanation of the Value/Glamour Corporate Diversification: What Gets Stock Returns Performance: Evi- Discounted? .. Sattar A. Mansi and dence from Analysts’ Forecasts .... David M. Reeb John A. Doukas, Differences of Opinion and the Cross Changsog (Francis) Kim, and Section of Stock Returns Christos Pantzalis Karl B. Diether, An Analysis of the Determinants and Christopher J. Malloy, and Shareholder Wealth Effects of Mu- Anna Scherbina tual Fund Mergers................ Disentangling the Incentive and En- Narayanan Jayaraman, trenchment Effects of Large Ajay Khorana, and Shareholdings. ... Stijn Claessens, Edward Nelling Simeon Djankov, An Empirical Investigation of Joseph P.H. Fan, and Continuous-Time Equity Return Larry H.P. Lang Models Torben G. Andersen, Dividends, Share Repurchases, and the Luca Benzoni, and Substitution Hypothesis Jesper Lund Gustavo Grullon and An Investigation of the Informational Roni Michaely 1649 Role of Short Interest in the Nas- Do Banks Provide Financial Slack? daq Market........ Hemang Desai, Charles J. Hadlock and K. Ramesh, Christopher M. James S. Ramu Thiagarajan, and Do Bonds Span the Fixed Income Mar- Bala V. Balachandran kets? Theory and Evidence for Un- Bank Performance around the Intro- spanned Stochastic Volatility .... duction of a Section 20 Subsidiary Pierre Collin-Dufresne and Marcia Millon Cornett, Robert S. Goldstein Evren Ors, and Do Conglomerate Firms Allocate Re- Hassan Tehranian sources Inefficiently Across Indus- Banks as Liquidity Providers: An Ex- tries? Theory and Evidence.. planation for the Coexistence of Vojislav Maksimovic and Lending and Deposit-Taking Gordon Phillips Anil K. Kashyap, Do Firms Hedge in Response to Tax Raghuram Rajan, and Incentives? John R. Graham and Jeremy C. Stein Daniel A. Rogers Book-to-Market Equity, Distress Risk, Does Corporate Diversification De- and Stock Returns... stroy Value?..... John R. Graham, John M. Griffin and Michael L. Lemmon, and Michael L. Lemmon Jack G. Wolf 2849 2850 The Journal of Finance Does Distance Still Matter? The Infor- How Much Investor Autonomy mation Revolution in Small Busi- Worth? Shlomo Benartzi and ness Lending Richard H. Thaler Mitchell A. Petersen and IPO Market Cycles: Bubbles or Sequen- Raghuram G. Rajan tial Learning? Dynamic Asset Allocation under Michelle Lowry and Inflation Pete G. William Schwert Michael J. Brennan and Information Production and Capital Al- Yihong Xia location: Decentralized versus Hier- Economic Distress, Financial Distress, archical Firms , and Dynamic Liquidation Jeremy C. Stein Matthias Kahi Institutional Allocation in Initial Pub- Effects of Corporate Diversification on lic Offerings: Empirical Evidence Productivity Antoinette Schoar Reena Aggarwal, Empirical Analysis of the Yield Curve: Nagpurnanand R. Prabhala, and The Information in the Data Viewed Manju Puri through the Window of Cox, Inger- Internal Capital Markets in Financial soul and Ross..6.. <. ax Conglomerates: Evidence from Small Christopher G. Lamoureux and Bank Responses to Monetary Policy H. Douglas Witte Murillo Campello Empirical Evaluation of Asset-Pricing Investor Protection and Corporate Models: A Comparison of the SDF Valuation Rafael La Porta, and Beta Methods Florencio Lopez-de-Silanes, Ravi Jagannathan and Andrei Shleifer, and Zhenyu Wang Robert Vishny Entrepreneurship and Bank Credit Is Disinflation Good for the Stock Availability Market? . Peter Blair Henry Is Information Risk a Determinant of Philip E. Strahan Asset Returns? David Easley, Equilibrium Pricing and Optimal Soeren Hvidkjaer, and Hedging in Electricity Forward Maureen O'Hara Markets . Leaning for the Tape: Evidenofc Geam - ing Behavior in Equity Mutual Funds Michael L. Lemmon Mark M. Carhart, Ex Ante Costs of Violating Absolute Pri- Ron Kaniel, ority in Bankruptcy.... David K. Musto, and Lucian Adam V. Reed Explaining the Diversification Discount Learning abo Internal Capital Mar- Jose Manuel Campa and kets from orporate Spin-offs Simi Kedia Robert Gertner. FX Trading and Exchange Rate Eric Powers, and Dynamics Martin D. D. Evans David Scharfstein Global Diversification, Industrial Di- Learning, Asset Pricing Tests, and Mar- versification, and Firm Value. . ket Efficiency os David J. Denis, Jonathan Lewellen and Diane K. Denis, and Jay Shanken Keven Yost Limited Arbitrag e in Equity Markets Government Ownership of Banks... Mark Mitchell, Rafael La Porta, Todd Pulvino, and Florencio Lopez-de-Silanes, and Erik Stafford Andrei Shleifer Liquidity Provision and the Organiza- How Accurate Are Value-at-Risk Mod- tional Fo rm of NYSE Specialist els at Commercial Banks?........ Firms Jeremy Berkowitz and James O’Brien 1093 Daniel N. Deli Index to Volume LVII Long-Run Performance following Pri- Nonlinear Pricing Kernels, Kurtosis vate Placements of Equity......... Preference, and Evidence from the Michael Heritzel, Cross Section of Equity Returns... Michael Lemmon, Robert F. Dittmar James S. Linck, and Pass-through and Exposure mee Lynn Rees Gordon M. Bodnar, Managerial Opportunism? Evidence Bernard Dumas, and from Directors’ and Officers’ Insur- Richard C. Marston SHCC PMUOHEES 5 555 maniercniinnens Portfolio Choice in the Presence of Per- John M. R. Chalmers, sonal LIlliquid Projects ....... Larry Y. Dann, and Miquel Faig and Jarrad Harford Pauline Shum Managerial Turnover and Leverage un- Presidential Address: Rational Asset der a Takeover Threat Prices George M. Constantinides Walter Novaes 2619 Range-Based Estimation of Stochastic Market Timing and Capital Structure Volatility Models.... bicaiaiets Malcolm Baker and Sassan Alizadeh, Jeffrey Wurgler Michael W. Brandt, and Markowitz’s “Portfolio Selection”: A Francis X Die bold Fifty-Year Retrospective ee Rational Momentum Effects . . : Mark Rubinstein Timothy C. Johnson Minutes of the Annual Membership Report of the Editor of The Journal of Meeting entree arcade: Finance for the Year 2001 ere David H. Pyle Richard C. Green Momentum, Business Cycle, and Time- Report of the Executive Secretary and varying Expected Returns : Treasurer . David H. Pyle Tarun Chordia and Research Dissemination and Impact: Lakshmanan Shivakumar Evidence from Web Site Downloads Momentum Trading by Institutions .. Lee Pinkowitz S. G. Badrinath and Risk Ave rsion lransparency, and Mar- Sunil Wahal ket Performanee = « .:5 6.54 a0 00 “ Mutual Fund Advisory Contracts: An M Angele s de Frutos and Empirical Investigation Carolina Manzano Daniel N. Deli Survival Bias and the Equity Pre- Nasdaq Trading Halts: The Impact of mium Puzzle .. Haitao Li and Market Mechanisms on Prices, Trad- Yue wu Xu ing Activity, and Execution Costs .. Takeover Defenses of IPO Firms Wiliiam G. Christie, Laura Casares Field and Shane A. Corwin, and Jonathan M Karpoff Jeffrey H. Harris Telling from Discrete Data Whether the New Evidence of the Impact of Divi Underlying Continuous-Time Model dend Taxation and on the Identity Is a Diffusion of the Marginal Investor pn Yacine Ait-Sahalia Leonie Bell and Term Premia and Interest Rate Fore- Tim Jenkinson casts in Affine Models No Contagion, Only Interdependence: Gregory R Duff ¢ Measuring Stock Market Comove- Term Structure of Interest Rates with ments .. Regime Shifts Kristin J. Forbes and Roberto Rigobon Hao Zhou Noise Trading, Costly Arbitrage, and The Cadbury Committee, Corporate Asset Prices: Evidence from Closed- Performance, and Top Management end Funds Ee Seen ae Turnover. ........day Dahya, Gordon Gemmill and John J. McConnell, and Dylan C. Thomas Nickolaos G. Travlos 461 2852 The Journal of Finance The Effects of Banking Mergers on Tunneling or Value Added? Evidence Loan Contracts .... Paola Sapienza from Mergers by Korean Business The Equity Premium Groups Kee-Hong Bae, Eugene F. Fama and Jun-Koo Kang, and Kenneth R. French Jin-Mo Kim 2695 The Geography of Equity Listing: Why Valuation of the Debt Tax Shield .... Do Companies List Abroad? ....... Deen Kemsley and Doron Nissim 2045 Marco Pagano, Venture Capital and the Professional- Ailsa A. Réell, and ization of Start-Up Firms: Empiri- Josef Zechner cal Evidence . The Long-run Performance following Thomas Hellmann and Dividend Initiations and Resump- Manju Puri tions: Underreaction or Product of What Do Returns to Acquiring Firms Chance? ... Rodney D. Boehme and Tell Us? Evidence from Firms That Sorin M. Sorescu Make Many Acquisitions The Making of a Dealer Market: From Kathleen Fuller, Entry to Equilibrium in the Trading Jeffry Netter, and of Nasdaq Stocks Mike Stegemoller Katrina Ellis, What Drives Firm-Level Stock Returns? Rori Michaely, and Tuomo Vuolteenaho Maureen O’Hara When Is Bad News Really Bad News? The Quality of ECN and Nasdaq Mar- Jennifer Conrad, ket Maker Quotes Bradford Cornell, and Roger D. Huang Wayne R. Landsman The Volatility and Price Sensitivities Where Does State Street Lead? A First of Managerial Stock Option Portfo- Look at Finance Patents, 1971 to lios and Corporate Hedging 2000 . .... dosh Lerner John D. Knopf, Who Blinks in Volatile Markets, Indi- Jouahn Nam, and viduals or Institutions? John H. Thornton, Jr. Patrick J. Dennis and The World Price of Insider Trading . . Deon Strickland Utpal Bhattacharya and Hazem Daouk AUTHORS AGGARWAL, REENA “Institutional Allo- BRANDT, MICHAEL W. (See Alizadeh). . 1047 cation in Initial Public Offerings: BRENNAN, MICHAEL J. “Dynamic Asset Empirical Evidence” Allocation under Inflation” ws AiT-SAHALIA, YACINE “Telling from Dis- CAMPA, JOSE MANUEL “Explaining the crete Data Whether the Underly- Diversification Discount” oa ing Continuous-Time Model Is a CAMPELLO, MURILLO “Internal Capital Diffusion” Markets in Financial Conglomer- ALIZADEH, SASSAN “Range-Based Esti- ates: Evidence from Small Bank Re- mation of Stochastic Volatility sponses to Monetary Policy” Models” CARHART, MARK M. “Leaning for the ANDERSEN, TORBEN G. “An Empirical In- Tape: Evidence of Gaming Behavior vestigation of Continuous-Time Eq- in Equity Mutual Funds”.. uity Return Modeis” CASSANO, MARK A. Book Review BADRINATH, S. G. “Momentum Trading CHALMERS, JOHN M. R. “Managerial Op- by Institutions” portunism? Evidence from Directors’ BAE, KEE-HONG “Tunneling or Value and Officers’ Insurance Purchases” Added? Evidence from Mergers by CHORDIA, TARUN “Momentum, Busi- Korean Business Groups” ness Cycle, and Time-varying Ex- BAKER, MALCOLM “Market Timing and pected Returns” Capital Structure” CHRISTIE, WILLIAM G. “Nasdaq Trad- BALACHANDRAN, BALA V. (See Desai). . ing Halts: The Impact of Market BANSAL, RAvi “Term Structure of In- Mechanisms on Prices, Trading Ac- terest Rates with Regime Shifts” tivity, and Execution Costs” 3EBCHUK, LUCIAN ARYE “Ex Ante Costs CLAESSENS, STIJN “Disentangling the In- of Violating Absolute Priority in centive and Entrenchment Effects of Bankruptcy” : Large Shareholdings” BELL, LEONIE “New Evidence of the Im- COLLIN-DUFRESNE, PIERRE “Do Bonds pact of Dividend Taxation and on the Span the Fixed Income Markets? Identity of the Marginal Investor” Theory and Evidence for Unspanned BENARTZI, SHLOMO “How Much Is In- Stochastic Volatility” or vestor Autonomy Worth?” CONRAD, JENNIFER “When Is Bad News BENZONI, Luca (See Andersen) . . ; Really Bad News?” BERKOWITZ, JEREMY “How Accurate Are CONSTANTINIDES, GEORGE M. “Presiden- Value-at-Risk Models at Commer- tial Address: Rational Asset Prices” cial Banks?” 1093 CORNELL, BRADFORD (See Conrad) . BESSEMBINDER HENDRIK “Equilibrium CORNETT, MARCIA MILLON “Bank Per- Pricing and Optimal Hedging in formance around the Introduction of Electricity Forward Markets” a Section 20 Subsidiary” BHATTACHARYA, UTPAL “The World Price CoRWIN, SHANE A. (See Christie) of Insider Trading”... COUGHENOUR, JAY F. “Liquidity Provi- BLACK, SANDRA E. ‘ sion and the Organizational Form of and Bank Credit Availability” NYSE Specialist Firms”... BODNAR, GORDON M. “Pass-through and DAHYA, JAY “The Cadbury Committee, Exposure” Corporate Performance, and Top BOEHME, RODNEY Management Turnover” Performance Following Dividend Ini- DANN, LARRY Y. (See Chalmers) tiations and Resumptions: Under- Daouk, HaAzeM (See Bhattacharya) reaction or Product of Chance?” 871 DELI, DANIEL N. (See Coughenour) .. 2853 2854 The Journal of Finance DELI, DANIEL N. “Mutual Fund Advi- FULLER, KATHLEEN “What Do Returns sory Contracts: An Empirical Inves- to Acquiring Firms Tell Us? Evi- tigation” dence from Firms That Make Many DENIS, Davip J. “Global Diversifica- Acquisitions” tion, Industrial Diversification, and GEMMILL, GORDON “Noise Trading, Firm Value” Costly Arbitrage, and Asset Prices: DENIS, DIANE K. (See Denis) Evidence from Closed-end Funds” DENNIS, PATRICK J. “Who Blinks in Vol- GERTNER, ROBERT “Learning about In- atile Markets, Individuals or Insti- ternal Capital Markets from Corpo- tutions?” rate Spin-offs” DESAI, HEMANG “An Investigation of the GOLDSTEIN, ROBERT S. (See Collin- Informational Role of Short Interest Dufresne) peng in the Nasdaq Market” GRAHAM, JOHN R. “Do Firms Hedge in DIEBOLD, FRANCIS X. (See Alizadeh) .. Response to Tax Incentives?” DIETHER, KARL B. “Differences of Opin- GRAHAM, JOHN R. “Does Corporate Di- ion and the Cross Section of Stock versification Destroy Value?” Returns” GREEN, RICHARD C. “Report of the Ed- Dittmar, AMY Book Review .. itor of The Journal of Finance for DitTMAR, RoBeRT F. “Nonlinear Pric- the Year 2001” ing Kernels, Kurtosis Preference, and GRIFFIN, JOHN M. “Book-to-Market Evidence from the Cross Section of Equity, Distress Risk, and Stock Equity Returns” Returns” DJANKOV, SIMEON (See Claessens) .. GRULLON, GusTAvo “Dividends, Share Doukas, JOHN A. “A Test of the Errors- Repurchases, and the Substitution in-Expectations Explanation of the Hypothesis” 1649 Value/Glamour Stock Returns Per- HADLOCK, CHARLES J. “Do Banks Pro- formance: Evidence from Analysts’ vide Financial Slack?” 1383 Forecasts” HARFORD, JARRAD (See Chalmers) .... 609 DUFFEE, GREGORY R. “Term Premia and HARRIS, JEFFREY H. (See Christie) ... 1443 Interest Rate Forecasts in Affine HELLMANN, THOMAS “Venture Capital Models” 405 and the Professionalization of Start- DuMAS, BERNARD (See Bodnar) 199 up Firms: Empirical Evidence” EASLEY, DAvID “Is Information Risk a HENRY, PETER BLAIR “Is Disinflation Determinant of Asset Returns?” 2185 Good for the Stock Market?” ELLIOTT, ROBERT J. Book Review 1028 HERTZEL, MICHAEL “Long-Run Perfor- ELLIS, KATRINA “The Making of a mance following Private Placements Dealer Market: From Entry to Equi- of Equity” ... librium in the Trading of Nasdaq HUANG, ROGER D. “The Quality of ECN Stocks” 2289 and Nasdaq Market Maker Quotes” EvaANs, MARTIN D. D. “FX Trading and HVIDKJAER, SOEREN (See Easley) Exchange Rate Dynamics” 2405 JAGANNATHAN, RAVI “Empirical Evalu- FAIG, MIQUEL “Portfolio Choice in the ation of Asset-Pricing Models: A Presence of Personal Illiquid Projects” 303 Comparison of the SDF and Beta FAMA, EUGENE F. “The Equity Pre- Methods” mium” 637 JAMES, CHRISTOPHER M. (See Hadlock) FAN, JOSEPH P.H. (See Claessens) .... 2741 JAYARAMAN, NARAYANAN “An Analysis FIELD, LAURA CASARES “Takeover De- of the Determinants and Sharehol- fenses of IPO Firms” 1857 der Wealth Effects of Mutual Fund FORBES, KRISTIN J. “No Contagion, Only Mergers” Interdependence: Measuring Stock JENKINSON, TIM (See Bell) Market Comovements” JOHNSON, TIMOTHY C. “Rational Mo- FRENCH, KENNETH R. (See Fama) mentum Effects” Frutos, M. ANGELES DE “Risk Aver- KAHL, MATTHIAS “Economic Distress, sion, Transparency, and Market Financial Distress, and Dynamic Performance” Liquidation” Index to Volume LVII 2855 KALAY, AVNER “Continuous Trading or MAKSIMOVIC, VOJISLAV “Do Conglomer- Call Auctions: Revealed Preferences ate Firms Allocate Resources Ineffi- of Investors at the Tel Aviv Stock ciently Across Industries? Theory and Exchange” Evidence” KANG, JUN-Koo (See Bae) MALLOY, CHRISTOPHER J. (See Diether) KANIEL, RON (See Carhart) MANSI, SATTAR A. “Corporate Diversi- KARPOFF, JONATHAN M. (See Field) ... fication: What Gets Discounted?” .. KASHYAP, ANIL K. “Banks as Liquidity MANZANO, CAROLINA (See Frutos) Providers: An Explanation for the Co- MARSTON, RICHARD C. (See Bodnar) .. existence of Lending and Deposit- MAYHEW, STEWART “Competition, Mar- Taking” ket Structure, and Bid-Ask Spreads KEDIA, SIMI (See Campa) .. in Stock Option Markets” 931 KEMSLEY, DEEN “Valuation of the Debt McCOoNNELL, JOHN J. (See Dahya).... 461 Tax Shield”. MICHAELY, RONI (See Ellis) 2289 KHORANA, AJAY (See Jayaraman) MICHAELY, RONI (See Grullon) 1649 KIM, CHANSOG FRANCIS (See Doukas) MITCHELL, MARK “Limited Arbitrage in Kim, JIN-Mo (See Bae) Equity Markets” .. 551 KNoPF, JOHN D. “The Volatility and Musto, DaAvip K. (See Carhart).... 661 Price Sensitivities of Managerial NAM, JOUAHN (See Knopf) Sa 801 Stock Option Portfolios and Corpo- NELLING, EDWARD (See Jayaraman) .. 1521 rate Hedging” NETTER, JEFFRY (See Fuller) .. 1763 Kopres, LAuRA E NissIM, DORON (See Kemsley) 2045 tations Model of Financial Contagion” NoOvAES, WALTER “Managerial Turn- Kraus, ALAN Book Review . over and Leverage under a Take- LA PorTA, RAFAEL “Government Own- over Threat” 2619 ership of Banks” O'BRIEN, JAMES (See Berkowitz) 1093 LA Porta, RAFAEL “Investor Protec- O’HARA, MAUREEN (See Easley) 2185 tion and Corporate Valuation” O’HaARA, MAUREEN (See Ellis) . 2289 LAMOUREUX, CHRISTOPHER G. “Empiri- Ors, EVREN (See Cornett) 501 cal Analysis of the Yield Curve: The PAGANO, Marco “The Geography of Eq- Information in the Data Viewed uity Listing: Why Do Companies List through the Window of Cox, Inger- soll, and Ross” LANDSMAN, WAYNE R. (See Conrad)... PETERSEN, MITCHELL A. “Does Distance LANG, LARRY H.P. (See Claessens) Still Matter? The Information Rev- LEMMON, MICHAEL (See Hertzel) olution in Small Business Lending” LEMMON, MICHAEL L. (See Bessem- PHILLIPS, GORDON (See Maksimovic) binder) PINKOWITZ, LEE “Research Dissemina- LEMMON, MICHAEL L. (See Graham) .. tion and Impact: Evidence from Web LEMMON, MICHAEL L. (See Griffin) ... Site Downloads” LERNER, JOSH “Where Does State Street PowERS, Eric (See Gertner) Lead? A First Look at Finance Pat- PRABHALA, NAGPURNANAND R. (See Ag- ents, 1971 to 2000” garwal). 1421 LEWELLEN, JONATHAN “Learning, Asset- PRITSKER, MATTHEW (See Kodres) 769 Pricing Tests, and Market Efficiency” PULVINO, Topp (See Mitchell) 551 Li, HAITAO “Survival Bias and the Eq- Puri, MANJU (See Aggarwal) 1421 uity Premium Puzzle Puri, MANJU (See Hellmann) 169 LINCK, JAMES S. (See Hertzel) PyLeE, Davip H. “Minutes of the An- LOPEZ-DE-SILANES, FLORENCIO (See La nual Membership Meeting” 1829 Porta) PyLe, Davip H. “Report of the Execu- LOPEZ-DE-SILANES, FLORENCIO (See Le tive Secretary and Treasurer” Porta) RAJAN, RAGHURAM (See Kashyap) Lowry, MICHELLE “IPO Market Cycles: RAJAN, RAGHURAM G. (See Petersen) Bubbles or Sequential Learning?” RAMESH, K. (See Desai) LUND, JESPER (See Andersen) REEB, DAvip M. (See Mansi) 2856 The Journal of Finance REED, ADAM V. (See Carhart) STEIN, JEREMY C. “Information Produc- REES, LYNN (See Hertzel) tion and Capital Allocation: Decen- RIGOBON, ROBERTO (See Forbes) tralized versus Hierarchical Firms” 1891 RITTER, JAY R. “A Review of IPO Activ- STRAHAN, PHILIP E. (See Black) 2807 ity, Pricinga,n d Allocations” STRICKLAND, DEON (See Dennis) 1923 ROELL, AILSA A. (See Pagano) TEHRANIAN, HASSAN (See Cornett) .... 501 Rocers, DANIEL A. (See Graham) .... THALER, RICHARD H. (See Benartzi) .. 1593 RUBINSTEIN, MARK “Markowitz’s “Port- THIAGARAJAN, S. RAMU (See Desai) ... 2263 folio Selection”:A Fifty-Year Retro- THOMAS, DYLAN C. (See Gemmill) .... 2571 spective” THORNTON, JOHN H., JR. (See Knopf) 801 Saai, JAcos (See Kraus) TRAVLOS, NiIcKOLAOS G. (See Dahya).. 461 SAPIENZA, PAOLA “The Effects of Bank- VISHNY, ROBERT (See La Porta) 1147 ing Mergers on Loan Contracts.”. . 329 VUOLTEENAHO, TUOMO “What Drives SCHARFSTEIN, DAviID (See Gertner) ... 2479 Firm-Level Stock Returns?” 233 SCHERBINA, ANNA (See Diether) 2113 WAHAL, SUNIL (See Badrinath) 2449 ScHoAR, ANTOINETTE “Effects of Corpo- WANG, ZHENYU (See Jagannathan) ... 2337 rate Diversification on Productivity” 2379 WEI, Li (See Kalay) 523 SCHWERT, G. WILLIAM (See Lowry) ... 18¥ fi WELCH, Ivo (See Ritter) 1795 SHANKEN, JAY (See Lewellen) Witte, H. DouGLas (See Lamoureux) 1479 SHIVAKUMAR, LAKSHMANAN (See Chordia) 985 WouL, Avi (See Kalay) 523 SHIVDASANI, ANIL Book Review WoLF, JAcK G. (See Graham) 695 SHLEIFER, ANDREI (See La Porta) WURGLER, JEFFREY (See Baker) 1 SHLEIFER, ANDREI (See La Porta) XIA, YIHONG (See 3rennan) 1201 SHuM, PAULINE (See Faig) Xu, YUEWU (see Li) 1981 SORESCU, SORIN M. (See Boehme) .... Yost, KEVEN (See Denis) 1951 STAFFORD, ERIK (See Mitchell) ZECHNER, JOSEF (See Pagano) 2651 STEGEMOLLER, MIKE (See Fuller) ZHOU, HAO (See 3ansal) 1997 STEIN, JEREMY C. (See Kashyap)