Advances in Pacific Basin Financial Markets: v. 1

Advances in Pacific Basin financial markets - introduction and overview, Theodore Bos and Thomas A. Fetherston; volume and price relationships in three yen futures markets, Jonathan Batten and Ram Bhar; bidders' initial stake in target companies and premiums paid to remaining target shareholders in New Zealand full takeover offers - could it justify a mandatory offer rule?, Amnon Mandelbaum; the inflation-stock returns puzzle - a comparison of the United States and Japan, 1970-1992, Susan Belden; equity price variation in Pacific Basin countries - Thai stock market volatility, Don Dayananda and Kevin Fagg; using interest rate swaps to manage corporate bonds, Zhenmin Fang; the cost of capital in Japan and the United States - a comparative analysis, Benton E. Gup; market integration in the four newly industrialized economies of Asia, Raymond H.F. Kwok; "news" and the volatility of the foreign exchange market, John Hin Hock Lee; large operating efficiency of Malaysian banks, Ming-Hua Liu et al; the impact of price limits on market volatility in Taiwan, Soushan We and Tony Naughton; the relationship between accounting returns and stock market returns - Australian evidence, David E. Allen et al; equity price variation in Pacific Basin countries, Yin Wong et al; the stochastic structure of official and black-market exchange rates in the Pacific Basin economies, Pochara Theerathorn and T. Chotigea; diversification and intervalling effects on stock - returns across industrial sectors - evidence from Hong Kong, Gordon Y.N. Tang; stochastic behaviour of interest rates in Singapore, Y.K. Tse; measuring the hedging contribution of futures trading and futures contracts, Soushan Wu et al; response of country fund returns, premiums and trading volume to news - the case of the Korea fund, Chan-Wung Kim and Young-Kyu Kim; the long-term performance of IPO's and non-IPO's - evidence from the firms listed on the Tokyo stock exchange, Chuan Yang Hwang and Narayanan Jayaraman; the tail index of Asian exchange rate returns, Kees Koedjik and Fred Nieuwland; correlation structure forecasting of ex-ante portfolio selection strategies in emerging Asia markets, Richard Y.K. Ho and Rayrnolld Siu-Kuen Lee; foreign exchange risk strategies of Australian firms, Tony Naughton and Teoh Hai Yap; nonstationary of the market model, outliers and choice of the market rate of return, Theodore Bos and Thomas A. Fetherston.