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46839 results in Management

Page 2082 of 2342

  • Voluntary Cooperation vs. Regulatory Paternalism: The Lumber Trade in the 1920s

  • William G. Robbins
  • Journal:
    Business History Review / Volume 56 / Issue 3 / Autumn 1982
    Published online by Cambridge University Press:
    11 June 2012, pp. 358-379
    Print publication:
    Autumn 1982

  • In the 1920s, leaders of the lumber business tried to bring stability to their industry through vigorous trade association activity conducted with the encouragement of then Commerce Secretary Herbert Hoover. Despite the optimism of association spokespeople and publicists, the hoped for stability was not attained because the associations were incapable of relieving the intra- and inter- industry competition lumbermen confronted. Nevertheless, the efforts of those involved threw into sharp relief attitudes in business and government about the nature of the political economy of the “New Era.”

  • The Editor's Corner

  • Journal:
    Business History Review / Volume 56 / Issue 3 / Autumn 1982
    Published online by Cambridge University Press:
    11 June 2012, pp. 424-427
    Print publication:
    Autumn 1982
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  • An Equilibrium Model of Bond Pricing and a Test of Market Efficiency

  • Michael J. Brennan, Eduardo S. Schwartz
  • Journal:
    Journal of Financial and Quantitative Analysis / Volume 17 / Issue 3 / September 1982
    Published online by Cambridge University Press:
    06 April 2009, pp. 301-329
    Print publication:
    September 1982

  • In two previous and related papers ([3], [4]), the authors have reported the results of estimating a particular equilibrium model of bond pricing using quarterly data on Canadian government bonds for the period 1964 to 1979. This paper reports the results of applying a similar model to the pricing of U.S. government bonds for the period 1958–1979 using data from the CRSP Government Bond File. The paper also extends the previous empirical analysis by evaluating the ability of the pricing model to detect underpriced and overpriced bonds: the data reveal a strong relation between price prediction errors and subsequent bond returns.

  • Announcements

  • Journal:
    Journal of Financial and Quantitative Analysis / Volume 17 / Issue 3 / September 1982
    Published online by Cambridge University Press:
    06 April 2009, pp. 459-470
    Print publication:
    September 1982
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Page 2082 of 2342