Managerial Finance: Volume 35 Issue 8

The insurance distribution systems and efficiency in the property‐casualty insurance industry

Jin Park, Sukho Lee, Han Bin Kang

The purpose of this paper is to investigate coexistence of multiple distribution systems in property‐casualty (P/C) insurance industry in the USA.

Substituting corporate saving for personal saving: An explanation for falling personal saving rates

L. Dwayne Barney, Diane K. Schooley, Harry White

The purpose of this paper is to test the hypothesis that savers may be substituting equity capital gains from stockholdings for traditional measures of personal saving. The…

On the interactions of financing and investment decisions: Evidence from Chinese industrial companies

Sung C. Bae

The purpose of this paper is to empirically examine the relation between financial leverage and investment opportunities of Chinese industrial firms, which operate in a vastly…

Effects of underwriters, venture capital and industry on long‐term initial public offering performance

Yewmun Yip, Yuli Su, Jiun Boon Ang

The purpose of this paper is to examine whether the choice of underwriters, venture capital (VC) support, industry and their interactions have any impact on the long‐term…

Reverse‐LBOs, re‐LBOs and informational asymmetry hypothesis of LBO transactions

Arman Kosedag, Jamshid Mehran, Jinhu Qian

The purpose of this paper is to examine the informational asymmetry (informational advantage of managers) in leveraged buyout (LBO) transactions.

Guest editorial

Monzurul Hoque