Theory and Evidence. The Journal of Financial Economics 39, 857–878. A. The major objective of the paper

QUESTIONS ON PAPERS TO BE DISCUSSED
FALL 2019
Bradley, Michael, Jarrell, Gregg A. and Kim, E. Han. 1984, On the Existence of an Optimal High Organization:
Theory and Evidence. The Journal of Financial Economics 39, 857–878.
A. The main extrinsic of the disquisition.
B. What motivates the perpetrators to catch up this purpose?
C. What do they discover?
D. What senses do they volunteer in subsistence of their discoverings?
Masulis, Ronald W. 1980. The Effects of High Organization Change on Security Prices: A Study of Substitute
Offers, Journal of Financial Economics, 8, 139-178.
A. What is the primitive extrinsic of the disquisition?
B. Why are substitute volunteers considered as a “pure” experiment of high organization theories?
C. What three competing hypotheses does the perpetrator experiment in this disquisition? What rationale does each of the
hypotheses volunteer concerning trade reactions to substitute volunteers?
D. Which undivided, if any, presents the best sense?
E. What are the primitive conclusions?
Myers, Stewart C. 1977, Determinants of Corporate Borrowing, Journal of Financial Economics 5, 47–175.
A. What is the determinant that Myers proffer in this disquisition?
B. How does the determinant collate with other determinants that entertain been profferd in the attainment?
C. How does the perpetrator devote discretion pricing design to liability financing?
D. How does the perpetrator go encircling subsistenceing the profferd determinant?
E. How does the design expound the exercise of matching maturities of possessions and liability liabilities?
F. Main contributions of the disquisition.