Volume 51 Issue 3 (July 1996)

Article

Another Puzzle: The Growth in Actively Managed Mutual Funds (pages 783-810)

  • Author(s): MARTIN J. GRUBER
  • Article first published online: Apr 30, 2012
  • DOI: 10.1111/j.1540-6261.1996.tb02707.x

Cream‐Skimming or Profit‐Sharing? The Curious Role of Purchased Order Flow (pages 811-833)

  • Author(s): DAVID EASLEY, NICHOLAS M. KIEFER, MAUREEN O'HARA
  • Article first published online: Apr 30, 2012
  • DOI: 10.1111/j.1540-6261.1996.tb02708.x

Diversification, Integration and Emerging Market Closed‐End Funds (pages 835-869)

  • Author(s): GEERT BEKAERT, MICHAEL S. URIAS
  • Article first published online: Apr 30, 2012
  • DOI: 10.1111/j.1540-6261.1996.tb02709.x

Investment Policy and Exit‐Exchange Offers Within Financially Distressed Firms (pages 871-888)

  • Author(s): ANTONIO E. BERNARDO, ERIC L. TALLEY
  • Article first published online: Apr 30, 2012
  • DOI: 10.1111/j.1540-6261.1996.tb02710.x

Delayed Reaction to Good News and the Cross‐Autocorrelation of Portfolio Returns (pages 889-919)

  • Author(s): GRANT MCQUEEN, MICHAEL PINEGAR, STEVEN THORLEY
  • Article first published online: Apr 30, 2012
  • DOI: 10.1111/j.1540-6261.1996.tb02711.x

Swap Rates and Credit Quality (pages 921-949)

  • Author(s): DARRELL DUFFIE, MING HUANG
  • Article first published online: Apr 30, 2012
  • DOI: 10.1111/j.1540-6261.1996.tb02712.x

Why Do Markets Move Together? An Investigation of U.S.‐Japan Stock Return Comovements (pages 951-986)

  • Author(s): G. ANDREW KAROLYI, RENÉ M. STULZ
  • Article first published online: Apr 30, 2012
  • DOI: 10.1111/j.1540-6261.1996.tb02713.x

Optimal Capital Structure, Endogenous Bankruptcy, and the Term Structure of Credit Spreads (pages 987-1019)

  • Author(s): HAYNE E. LELAND, KLAUS BJERRE TOFT
  • Article first published online: Apr 30, 2012
  • DOI: 10.1111/j.1540-6261.1996.tb02714.x

Abstracts of Papers Presented at the 1996 AFA Meeting

Abstracts of Papers Presented at the 1996 AFA Meeting (pages 1023-1071)

  • Article first published online: Apr 30, 2012
  • DOI: 10.1111/j.1540-6261.1996.tb02715.x

REPORTS OF THE AMERICAN FINANCE ASSOCIATION

Minutes of the Annual Membership Meeting (pages 1073-1075)

  • Author(s): Michael Keenan
  • Article first published online: Apr 30, 2012
  • DOI: 10.1111/j.1540-6261.1996.tb02716.x

Report of the Executive Secretary and Treasurer (pages 1077-1078)

  • Author(s): Michael Keenan
  • Article first published online: Apr 30, 2012
  • DOI: 10.1111/j.1540-6261.1996.tb02717.x

Consolidated Revenues and Expenses (pages 1079-1080)

  • Article first published online: Apr 30, 2012
  • DOI: 10.1111/j.1540-6261.1996.tb02718.x

Report of the Managing Editor of The Journal of Finance for the Year 1995 (pages 1081-1093)

  • Author(s): René M. Stulz
  • Article first published online: Apr 30, 2012
  • DOI: 10.1111/j.1540-6261.1996.tb02719.x

Report of the AFA Representative to the National Bureau of Economic Research (pages 1095-1096)

  • Author(s): Robert S. Hamada
  • Article first published online: Apr 30, 2012
  • DOI: 10.1111/j.1540-6261.1996.tb02720.x

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